Month: April 2024

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I got another old lady hoarder house flip – as-is.  These homes are always the most disgusting… but always become my favorite. 

By Pucklore | April 28, 2024 | Comments Off on I got another old lady hoarder house flip – as-is.  These homes are always the most disgusting… but always become my favorite. 

And yes, flips are getting much harder in this market.  In my underwriting, I’ll try to double the value, and get a 13 cap.  But sentimentally, beneath the old lady diapers, mice turds and filth, this particularly splendid home in…

So after transitory inflation, a massive Fed pivot and the start of 7 rate cuts with the 10-year down to 3.5%… oh, wait.   What just happened?

By Pucklore | April 11, 2024 | Comments Off on So after transitory inflation, a massive Fed pivot and the start of 7 rate cuts with the 10-year down to 3.5%… oh, wait.   What just happened?

The general trajectory has continued to be this: a solid economy, sticky inflation from services, massive deficits and government spending, AI enthusiasm.  The job cuts from AI shouldn’t happen for years.  And my Econ 101 text book said technology improvements…

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