What are the “real” impacts of the tax plan?
No fake news here! If you asked 10 economists what the impact of the tax plan is to the general economy, you would get 11 answers! In a nutshell the tax plan is meant to “juice” the economy by freeing…
How to lose 3m in real estate overnight by a simple/common mistake
I was recently looking at a property to lend on just west of Denver. The borrower paid 3m cash for the property a few months ago. He requested a loan of 750k. Sounds like a no brainer loan as the…
Obscure item in tax bill costs banks billions and increases your borrowing costs
The tax bill is rolling through the senate at record pace. It is a huge bill with tons of moving parts so there is bound to be unintended consequences. The recent iteration contains a provision that would nail banks. Although…
19 million jobs eliminated! How can this guide your real estate decisions?
The map above is the most important picture for Real Estate Profitability. What does it signify? What do the dark green areas mean? A recent article in the Wall Street Journal stated 19 million jobs will be eliminated in the…
Happy Thanksgiving: 96% of your families are?
I wanted to wish everyone a Happy Thanksgiving. With all the craziness going on, the dinner table is going to be quite "interesting" this year. Don’t worry you are not alone, 96% of all families have some sort of dysfunctionality!…
Will the new fed chief work with Shake Shack to keep mortgage rates low?
Last week Trump announced Jerome Powell as his pick to lead the federal reserve bank replacing Janet Yellen. What does this mean for the trajectory of interest rates? How is Powell working with Shake Shack to keep rates low? Will…
Close before turkey gobbles! Do you need an answer today?
Annoyed by the games of other lenders promising the moon only to find out later that they aren’t really lenders and can’t close? Do you have a loan that doesn’t quite fit the “box”? At Fairview we can do better…
Tax plan drops real estate values 10%; 4 key impacts
The new republican tax plan came out today. This could have sweeping consequences for the entire real estate industry. Mark Zandi, chief economist at Moody’s Analytics, said the tax changes could initially cut prices by 10 percent in expensive markets…
Happy Halloween: My costume is keeping your rates low
First, Happy Halloween. I hope everyone has a safe and fun Halloween. The pic above is yours truly in a blow-up dinosaur costume I got for 25 dollars. Quite a steal! It is crazy to think that my purchase…
There is 69.2% chance of recession. Should you follow Bambi?
Can the animals predict our next “storm”? Should we all be listening to our “primal” instincts a bit more? We probably should. I was doing a long trail run last week in the Colorado backcountry outside of Steamboat Springs, Colorado. …