🏠 3 Tweet Sunday 🏠 - Best real estate tweets of the week
🏠 3 Tweet Sunday 🏠 - Best real estate tweets of the week
Best real estate tweets of the week
🏠 3 Tweet Sunday 🏠
My first day in Buenos Aires was hectic. I go to exchange my USD into pesos. I give the bank teller $300 USD. They start handing me stacks and stacks of paper wrapped in rubber bands. Their highest paper note = less than $1 USD. You can only fit like $50 USD in your pocket at a time. I feel like a drug dealer every time I try to buy something. I wasn’t prepared to receive mountains of cash, so I didn’t bring a backpack. I’m stuffing pesos in my pants, my jacket, really anywhere pesos will fit. I’m a little nervous leaving the exchange. Pesos are falling out of my pocket as I walk down the street. I make my way to a coffee shop. I tell them grande. This is the only Spanish word I know. They hand me a baby sized coffee. Food is my next logical step. I go to a chain called Tostado Cafe Club, and I see something called “poke surfer”. The display picture shows a rice bowl with pink cubes on top. Looks like a poke bowl to me. The pink cubes turn out to be grapefruit, and they taste like dirt.
Buenos Aires reminds me of NYC. A version of NYC where no one speaks English, and no one is fat. Last night I went to this super cool cocktail bar called Uptown & Bronx.
You walk down into a subway with a full sized subway car. Past the subway there is a fancy cocktail bar in a warehouse type space. Very Instagrammable.
Let’s get to it:
#1 🏠
I had a client call in once that wanted to sell his house. He was telling me he was going to move into a log cabin. I wish I could remember the specific name/brand he wanted to buy, but it was like $20k. I thought he was being scammed. A cabin that costs $20k can’t be very comfortable to live in. But apparently there is massive money to be made here.
#2 🏠
I haven’t bought any real estate in a really long time now. High house prices and high rates have made finding deals very difficult. Lots of people have had success with creative financing. I’ve been looking more into seller financing. I don’t think that’s the only way I can find a deal, but it makes it much easier. As long as the seller is open to good terms/rates. Out of these 3 options Lance presents in the tweet, mortgage rates falling 4% is most likely. The mortgage industry is cyclical, so rates will come down at some point. But when? And how much?
#3 🏠
😂😂😂
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