The suicide squeeze is one of the most exciting plays in baseball. It happens when there’s a runner on third who takes off toward home when the pitcher starts his motion, expecting the batter to make some sort of contact with the ball and put it in play, thus scoring a run. Except for trying to steal home outright it’s also the riskiest play in baseball. I was with a couple of buddies this afternoon…
Author: Dennis Fassett
I'm pleased to report that after multiple decades of hard-headed stubbornness, I've finally figured out that all work and no play makes Johnny a dull boy. So I've taken it upon myself to convert my wife and now adult(ish) kids into a roving band of merry adventurers.
From horseback riding in Monument Valley to ocean kayaking in Acadia - all of our exploits have earned the coveted "epic" label from the younguns.
I'll tell you about them - and also about the other "adventures" I'm having in my real estate investing business.
You can also find me over at DennisBuysHouses.com
Stock Market is Now DOWN for the Year. What’s in YOUR Wallet?
It has been a pretty good ride, hasn’t it? I mean, since the dark days of the “great recession†when the DOW bottomed out at 6443.27 on March 6, 2009, the market has gone pretty much straight up. Remember those guys in the office that spent all day with a browser window open to their E-Trade accounts so they could “trade†their mutual funds? They were all over the place before the DOW tanked. They…
Beware of Professional Tenants!
I have to say that one of my biggest fears about being a rental property owner is running into a “Professional Tenant”. A “Professional Tenant†is a someone who knows the rental laws cold, knows the system, and therefore knows how to work the system†by taking advantage of pieces of the law to live rent free. Sometimes indefinitely. They can cost you several months of rent and thousands of dollars in legal fees before…
REITD 015: Kelly Brittingham – COO, Property Manager, & Full Time Mom
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In this episode I talk to Kelly Brittingham. Kelly started her real estate investing business with her Husband Todd in 2009 with their first investment in a single family rental property. Since then she has completed over 40 real estate transactions. Her investments have included single family rentals, lease options, wholesales, fix & flips, turnkey rental properties and most recently they have focused their business on building new homes. In the midst of all of…
Landlord Friendly Financing? Seriously?
This is pretty amazing. I was looking around for some new ideas on how to finance additional rental properties, and I happened to find something that was pretty surprising….. …… that a monster-sized hedge fund – BLACKSTONE no less – has started offering financing specifically focused on rental property owners. Yeah. To say I was shocked was an understatement. I mean, Blackstone has been the bad guy as they hoovered up all the good deals…
Rational Thought from the Fed?
Shocking I know. That hasn’t happened since Paul Volcker.
But it’s about time.
I just saw a piece in the New York Times titled “Fed Dissenters Increasingly Vocal About Inflation Fears”.
I was both happy and frightened to see that headline. Happy because the Fed needs to face up to the fact that interest rates can’t stay at zero forever, and frightened by what’s going to happen to the economy when (if) interest rates ever get back to anything resembling a market rate.
And then there’s inflation.
I’m an econ major. I’ve been following this stuff since 2006 and 2007. I’m confounded but the fact that we haven’t seen any inflation yet. It’s out there. But if or when it will ever hit is anyone’s guess.
The first paragraph of the piece is what gives me a glimmer of hope:
“An increasingly vocal minority of Federal Reserve officials want the central bank to retreat more quickly from its stimulus campaign, arguing that the bank has largely exhausted its ability to improve economic conditions.”
I’ve included the piece below without further comment. Let me know what you think.