It Is All Coming Apart...

Everything Is About To Change With The Economy & Politics, Distressed MultiFamily Properties Skyrocket, It Is Time To Get Ready For The Downturn, Target Is Facing Problems In California, And More...

The Daily Ninja 7/16/24

Updates From The Economic Ninja

(7/16/2024)

(7/15/2024)

  • ๐Ÿ“ˆ Distressed multifamily properties have tripled in the last 6 months, indicating an acceleration of the real estate crash.

  • ๐Ÿ“ˆ The jump of 185% in delinquent apartment deals with commercial mortgage back securities loans from January to June is a concerning trend in the real estate market.

  • ๐Ÿฆ The looming collapse of banks due to CMBS loan delinquencies is reaffirming the slow train wreck of an economic crash we are experiencing.

  • ๐Ÿ“ˆ Distressed multifamily properties have seen a significant increase, marking the largest among any commercial real estate asset in the period.

  • ๐Ÿ’ฐ The loan product tracked by Cred IQ, largely tapped by Fix and Flip borrowers, has suffered the lion's share of defaults and foreclosure actions.

  • ๐Ÿ“‰ 46% of all CR CL loans are in some type of distress as of May due to weakening economy and rising interest rates.

  • ๐Ÿ’ฐ Getting prepared for mortgages can save thousands of dollars in fees, by having the right credit score, debt to equity ratios, and other financial factors in place.

(7/15/2024)

  • ๐Ÿšจ The concerning rise of violent and hateful posts on social media with millions of followers is alarming.

  • ๐Ÿ—ณ๏ธ This is not the day to sit on the sidelines anymore, it's time to be active and stand up for our rights.

  • ๐Ÿ“‰ The biggest economic collapse since the Great Depression is on its way, and you only have so much time to get ready.

  • ๐ŸŽ™๏ธ President Biden's verbal blunders continue to raise concerns about his ability to deliver a coherent and impactful message to the American people.

  • ๐Ÿ  Getting ready for economic downturns can lead to wealth accumulation, as seen in the Great Recession.

  • ๐Ÿฆ By following the strategy, you can turn yourself into your own bank and profit from it.

(7/14/2024)

  • ๐Ÿคฏ Target may be forced to leave California due to fines for reporting thefts at their store.

  • ๐ŸŽฏ Target faces public nuisance charge for calling police on rampant theft, highlighting the issue of crime management in California.

  • ๐Ÿคก Target may be considering leaving California due to the challenging business environment and high levels of theft.

  • ๐Ÿ”ซ Target's battle with lawmakers in California includes restrictions on contacting, handcuffing, or arresting individuals in the store, leading to safety concerns and conflicts with law enforcement.

  • ๐Ÿ“‰ Under reporting of theft in California may be significantly obscuring the true extent of theft in the state.

  • ๐Ÿ’ฐ Target, along with other major retailers, is backing a ballot measure to reform the state's prosecution of drug dealing and theft, sparking controversy over criminal justice policies in California.

(7/15/2024)

  • ๐Ÿ’ฐ Starting with a single family rental can be a great option for beginners due to lower maintenance and management responsibilities.

  • ๐Ÿก Multifamily properties like a fourplex have less risk of vacancy when compared to single family properties.

  • ๐Ÿก "I've met so many what they would have thought of themselves as Real Estate Investors that never want to touch real estate again because they had a couple of bad problems in the past."

  • ๐Ÿ’ฐ Fourplexes offer better risk mitigation with multiple units to mitigate vacancy rates, making them a safer investment option.

  • ๐Ÿก The likelihood of all four people or all of your tenants moving out at once is extremely unlikely, making multifamily rentals a safer investment option.

Keep Crushing It!

-Ninja Out

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