OfflineWow, just heard that 533,000 people become unemployed in November. Learning about deans material can help these people, but as always real estate investing needs to be creative with no money and bad credit.
Unfortunately, as investors we will be affected by this because some of these people are living in our rentals, and they may not be able to pay us. It's going to be tough months ahead. What do you all think??
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"If you cannot do great things, do small things in a great way.”
Napoleon Hill quote
It will get worse before it gets better.
09 will be worse than 08.
The 10% unemployment rate that Obama keeps talking about.. is baked in.
Foreclosures have NOT peaked.
JMHO,
Mark