2020, the year of the moose; will you survive?
2020 is now the year of the moose! Why the moose? Wrong place wrong time; 4 tips to survive. Last week, I got up early for a quick run. I grabbed my shoes and Luna (my Siberian husky) and hit…
Actual vs perceived risk, how does this impact real estate?
I’m doing my part for social distancing! As I’m working from home, I looked out the window and noticed a lone biker weaving while riding down the road. They suddenly came inches away from hitting a parked car. Were they…
GDP decline 30%, 22 million jobs lost, is this the real story?
I always love spring in the Rocky Mountains, to see the pull of the seasons with snow and flowers starting to bloom. Eventually spring always wins 🙂 If you read the news, it sounds like the world is crumbling with…
2020 summer Olympics moved; impact on US real estate, 153 Billion lost?
We are still funding in cash! The 2020 summer Olympics in Tokyo have officially been rescheduled to 2021. As the world copes with the Coronavirus pandemic, cities and countries around the world have shut borders and ordered stay at home…
The new real estate drug, coming off this high will be tough
Like many of you I had a “rocky” ride in the last real estate recession and successfully learned many “million-dollar” lessons that were very painful. One of the key takeaways from the last recession is that risks lurk in…
Coronavirus lending 101: What do you need to know to get funding
The Coronavirus pandemic has thrown the economy off a cliff leaving many equity rich property owners with no cash flow. The pandemic has caused many residential and commercial tenants to defer or totally miss payments as the economy shuts down. …
Mortgage rates drop, then rise; what should you do?
We are still lending as we fund and hold our loans in cash! If you have been watching the mortgage market, your head is likely spinning. Last week, a mortgage rates drop for 30-year fixed mortgages hit a record…
Coronavirus raises your property taxes, are you ready for a 3.8 billion dollar property tax bill?
First, I wanted to give a hats off to this guy for taking social distancing to the next level. He hiked out about a mile on thin ice to ensure he was doing his part 🙂 Coronavirus has caused the…
Labor market strong. Markets drop 20 % in a week.
With the labor market looking up, we decided to “hire” a new employee, Luna. She will be working out of our Colorado office and focusing on property inspections (and anything that has to do with snow). Please welcome her…
Markets tank from coronavirus scare
The picture above is a bit more relaxing to look at as opposed to the media barrage of the coronavirus and stock market (do you know where I took the pic, hint in CO, email me if you know). The…