Note Buyers Website
We had a Website builder build our site in which we pay them a monthly fee. We can access our Note Buying website by typing the name directly into our browser, but unable to do so from a search bar. Our advise was to place our link into forums so as it can be crawled by Google and others,but to respect the rules here it seems that is against posting rules. So does anyone have any ideas.
povrtsuxs- I presume, since you posted right after me, and talk about unloading, that you agree with monkfish.
I just jumped back in to mention that in my opinion holding cash is the absolutely worst thing you can do when your currency is devaluing quickly. Cash is King- yes, for buying things like property. However, cash is not the king of investments- the return is going to be zero percent in dollar terms, and minus whatever the rate of depreciation is in real terms. And paper money will always depreciate- that is the point of paper money, the issuer wants to redeem it at less than the value it was issued at.
Chris
Good post Chris, very interesting.
Multi-millionaires will be made over the next two years. There has never been a greater opportunity to make money in real estate (not even with the double-digit inflation of the 70s), because almost every traditional Seller is at least marginally motivated. Snatch up every bargain you can--even if you have to just rent out property while you ride the wave (although you can still sell property quickly if you package it right).
[addsig]
Thank you, Chris, for one of the best prognosis of what is likely to occur. You have a lot of insight here.
I studied economics in grad school years ago, and have remembered just enough to be dangerous. It was enlightening to see such a logical train of thought as relating to real estate.
Thanks again for this post.
Great post Chris
The last time there was trouble at the gas pumps and gold reached record highs we ended up with 16% mortgage interest rates.
Now that the real estate frenzy/mania has turned into a panic the wild card and potential final nail in the coffin is interest rates.
As usual, my crystal ball is a little cloudy.
Well, there was the rate cut I expected- and while another one is possible, this is about as low as I expect things to go.
Time to borrow while it is cheap!
Chris
I get a sense of where you are coming from. If the mortgage payment requires 30% of gross income, I can buy more house when interest rates are low than I can buy when interest rates are high.
A high interest rate tends to depress the market, a low interest rate fuels the market.
I have to add that those of us who are owner-financiers, this is a raging good time to buy cheap and sell high, collecting payments over 30 years.