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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
(7/15/2024)
๐ Distressed multifamily properties have tripled in the last 6 months, indicating an acceleration of the real estate crash.
๐ 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.
๐ฆ The looming collapse of banks due to CMBS loan delinquencies is reaffirming the slow train wreck of an economic crash we are experiencing.
๐ Distressed multifamily properties have seen a significant increase, marking the largest among any commercial real estate asset in the period.
๐ฐ 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.
๐ 46% of all CR CL loans are in some type of distress as of May due to weakening economy and rising interest rates.
๐ฐ 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)
๐จ The concerning rise of violent and hateful posts on social media with millions of followers is alarming.
๐ณ๏ธ This is not the day to sit on the sidelines anymore, it's time to be active and stand up for our rights.
๐ The biggest economic collapse since the Great Depression is on its way, and you only have so much time to get ready.
๐๏ธ President Biden's verbal blunders continue to raise concerns about his ability to deliver a coherent and impactful message to the American people.
๐ Getting ready for economic downturns can lead to wealth accumulation, as seen in the Great Recession.
๐ฆ By following the strategy, you can turn yourself into your own bank and profit from it.
(7/14/2024)
๐คฏ Target may be forced to leave California due to fines for reporting thefts at their store.
๐ฏ Target faces public nuisance charge for calling police on rampant theft, highlighting the issue of crime management in California.
๐คก Target may be considering leaving California due to the challenging business environment and high levels of theft.
๐ซ 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.
๐ Under reporting of theft in California may be significantly obscuring the true extent of theft in the state.
๐ฐ 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)
๐ฐ Starting with a single family rental can be a great option for beginners due to lower maintenance and management responsibilities.
๐ก Multifamily properties like a fourplex have less risk of vacancy when compared to single family properties.
๐ก "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."
๐ฐ Fourplexes offer better risk mitigation with multiple units to mitigate vacancy rates, making them a safer investment option.
๐ก 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