House Flipping Back to Peak Levels – Cause for Concern?

House flipping is one of many ways people make money in real estate.  Good money can certainly be made, but generally with much more risk than doing rental properties.
Thus it’s a good idea to keep up to date with the market and the money that is being made on sales of short-term owners, which is the demographic that a flipper falls in.
House Flipping Currently as Prominent as Ever Before
The amount of housing flipping in the fourth quarter of 2018 was the highest it had ever been in the final quarter of a year since the stat started being tracked in

Why so SERIOUS?

I wish I had a royalty-free, open-source image of Heath Ledger in his Joker makeup to insert here. Chances of finding something like that = zero. Sorry, you’ll just have to use your imagination:

The crypto space is a special case

Last week I said:

Crypto marches to the beat of its own drum. Normal analysts can’t/won’t/don’t understand this – in fact they normally flatly deny it. Can you blame them? After doing something for 10/20/30 years, it’s hard to imagine that something like crypto can be “different” or “special”

That isn’t the first time I’ve said something along  those lines. On many occasions

The Reasons Why I Don’t Pay Off My Mortgage Balances

For a long time my mindset was always that the sooner you can pay off a mortgage balance on a property the better.  A few years ago that view began to shift and now I’m fully on board with not paying it down ahead of schedule.
There are a couple good reasons why it is better not too.
The Reasons Why I Don’t Pay Off My Mortgage Balances

Risk Mitigation

When you have a loan balance on your property you in turn show less equity.  Less equity means there is less you have available to take.  Lawyers do not like going after people that

Home Renovation Realities

Here’s the thing – a home renovation will always end up being more work than you plan when getting started on it.
Yes, I’ll just break that reality to you right now.  The amount of that extra work is probably linked to how much of a perfectionist you are, but more often than not there will be items you did not plan for from the jump start.
The Little Things Add Up
In all the renovations that have been done on my properties it actually wasn’t any big thing that threw a large amount of extra work on us.  For that I am

Bitcoin Technical Analysis: Continuation of the Bear Market or Bear Trap?

Yesterday Bitcoin tried breaking above the $4,120 resistance on Coinbase. While price was able to briefly wick above, it was unable to decisively penetrate. The bears quickly pushed it back below $4,000. Even though we watched price drop nearly $400 in 4 hours, volume remains relatively strong in comparison to just 2 weeks ago. In…
Read on Trybe

Bitcoin and EOS Analysis: QUICK UPDATE

Bitcoin has been unable to break above the $4,000 resistance (Coinbase). Volume ’s dropped off slightly, which was expected. Price is currently trading round $3,900. it looks like we may see one more attempt to breach $4,000. If that fails, I’m expecting a drop back at least $3,800. EOS has been impressive these past few…
Read on Trybe

Trybe TV – Bitcoin and EOS Analysis: CAN THE BULLS KEEP RUNNING?

Bitcoin broke above key resistance at $3,800. It’s now eyeing a very strong resistance zone between $4,000 and $4,120 (Coinbase). Daily volume remains strong at $9.9 Billion. This is the highest we’ve seen since May of 2018. EOS easily took out the $3.00 resistance and is now eyeing $4.00. It started creating higher highs, all…
Read on Trybe

Trybe TV – Bitcoin Technical Analysis: BREAKOUT IN PRICE AND VOLUME

Bitcoin has broken above the $3,600 resistance, and is now testing $3,800. This breakout was backed by a very bullish increase in volume. Looking at the daily MACD, we’re seeing some slight bearish divergence. This suggests we could see a pull back. Should that happen, I’d watch for support around $3,700-$3,650. The daily chart also…
Read on Trybe

Five Things to Remember Before You Buy Your First Rental

If there is one thing any investor can do, whether new or experienced it’s being prepared before taking action.  It not only saves time and effort, but also puts you in a position to make a better decision.

Let’s talk about some things to already have decided before buying a rental.

Five Things to Remember Before You Buy Your First Rental

1.) Focus in on a few neighborhoods

If you are searching too large an area it can be difficult to recognize if a property is a good deal.  Sales and rental prices can vary from one town to the next.

Focusing in on a

Bitcoin Technical Analysis: QUICK UPDATE

Bitcoin broke below the $3,600 support (on Coinbase). It’s now testing the prior order block between $3,580 and $3,540. Should this break down decisively (4hr candel opening and closing below), I believe a drop to $3,400 will become likely. Looking at the 4 hour chart, we can see the 8, 21 and 55 day EMA’s…
Read on Trybe