OfflineHi all,
Hope i'm not overanalyzing the interest rate thing, but I have looked at the prime rate the last 12 months and it seems to still be dropping which is currently at 3.25%. would you say that is an indicator of a bottom market or down market? I am doing the exercise in chapter 3 with Dean's book with the arrows. Thanks
__________________
I am curious to see what others think as well.
I would say it is either going down or at or near a bottom.
Interest Rate,Is only a way for the GOV. to hold you at bay! You are saying low % rate and i understand you wish you had a printing press! Yes! As a REI you would welcome 0% rate and i say...GO GET THAT DEAL! Here is the 1+1=2. We are real estate investers and what happens...Will happen! I hope the best for everybody but when your GOV. has a printing press when the funds are not there.I always think about the kids that will truly understand what dead beats we have become?
Here is your saying "Love or ;Money
Point is!You do have a choice
rand
" A bird on a stone "
P.S.I want you to do your REI dreams! But for our children sake,Let's use our voice against not legal printing presses!THE WORLD IS YOURS when it comes down to buying a property.
And remember! People have everything to lose; When a professional has everything too gain? Here is the catch22...We all are people! I love you all