During the first half of the 2000s, investing in real estate became more common for average Americans. With easily available financing and minimal down payment requirements many Americans made handsome profits by flipping homes. Well, as we are all aware of, this could not go on forever, and the real estate bubble popped in 2007, leading to The Great Recession. Notwithstanding this [...]
Did we really just say a plan needs to take a step? It does not even have legs! Well, the plan needs to take the step - the question that you should be asking is "in what direction?" It is not surprising to hear that most new business fail in the first year. Why is [...]
Real estate prices, as with most financial markets, tend to follow a pattern. For the purpose of this piece, we will call this pattern “The Real Estate Cycle.” There are many theories out there about The Real Estate Cycle, here is the one, which makes the most sense and can be charted called “The Great [...]