50% Crash In RE Prices?

Discover Why The Market Is Likely Headed Towards "All-Out Armageddon" In The Next 4-5 Months?

The Daily Ninja 6/15/24

Updates From The Economic Ninja

(6/14/2024)

  • ๐Ÿ  It's important to be prepared for economic cycles before they happen, especially in the real estate market.

  • ๐Ÿ“‰ Waiting for maximum pain on both the buyer and seller side can lead to great real estate opportunities.

  • ๐Ÿ  Real estate investment during economic downturns can still be profitable, as history has shown during the Great Depression.

  • ๐Ÿก "The easiest way to wealth in this nation is not only by owning your own home cash so you're not under the throws of some greedy landlord."

  • ๐Ÿ“ˆ The greatest move in real estate history is on the cusp, making it the perfect time to take action.

  • ๐Ÿ  The housing market is heading towards an all-out Armageddon in the next four to five months, with people walking away from their underwater homes due to propaganda and forbearance traps.

  • ๐Ÿ’ฐ Real estate prices have the potential to fall by 50% due to the impact of missed credit card payments and low loan rates.

  • ๐Ÿ  The housing market is facing a crisis with too many homes on the market and too few buyers, leading to panic and seller concessions.

  • ๐Ÿ’ฐ The Ninja warns that if people aren't prepared for the economic changes, they could face a decade of poverty similar to the Great Depression.

  • ๐Ÿ“‰ The real rate of inflation is as high as the late 70s right now and it's going to get worse because of trade wars.

(6/14/2024)

  • ๐Ÿ  The lending insider with 40 years of experience is about to expose how to save a lot of money on mortgages for free.

  • ๐Ÿ”ฅ Mortgage rates are about to change, and it's going to show you how to save thousands of dollars.

  • ๐Ÿ“‰ The agencies that publish the weekly rate surveys have gone the way of fake news or propaganda, leaning more towards emotions than facts.

  • ๐Ÿ’ฐ Banks are charging exorbitant fees upfront, with borrowers having to pay thousands of dollars before their loan even closes, and this money is never coming back.

  • ๐Ÿ“ˆ Banks start charging points when interest rates rise, bringing mortgage rates up, leaving borrowers in "The Hurt Locker."

  • ๐Ÿ“‰ Banks may encourage paying points for a lower rate to create a time buffer as rates fluctuate.

  • ๐ŸŽฒ The comparison of mortgage rates to a casino strategy is eye-opening and controversial.

  • ๐Ÿค‘ By thinking like an investor, you can save lots of money by avoiding excessive fees and navigating through a deal strategically.

(6/14/2024)

  • ๐Ÿ’ฐ Despite being penniless, the insider now does massive real estate deals with the biggest hedge funds and groups in the world.

  • ๐Ÿ“‰ The danger of ignoring warning signs in the real estate industry, as seen in "The Big Short."

  • ๐Ÿ’ฐ Most people were afraid for me in the year 2000 because I was buying homes hand over fist, but they didn't understand the strategy behind it.

  • ๐Ÿก Real estate success story: turning the worst house on the street into a profitable investment through hard work and dedication.

  • ๐Ÿ“‰ Points on loans rise when interest rates go up, indicating that banks expect home prices to stall and drop, leading to potential borrower defaults or refinancing.

  • ๐Ÿ“‰ Prices are dropping all around the country, despite the panic in the real estate market.

  • ๐ŸŒŸ Carlton Sheets inspired one of the wealthiest real estate insiders in the world, owning more homes than the top 1% of the nation.

Daily small steps leads to big long term progress. Keep Crushing It!

-Ninja Out

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