📉🌵 Texas Turmoil: Multifamily Madness
📉🌵 Texas Turmoil: Multifamily Madness
Dive into the Lone Star State's investment frenzy!
In the middle of the multifamily market's rough patch, some quick-thinking investors are making bold moves.
Texas, known for its big skies and even bigger opportunities, is now the playground for dealmakers eyeing these distressed properties.
This scenario is more than just a blip on the radar; it's a trend that's picking up steam.
Now, let's shift gears to something a bit broader but equally crucial.
market.
Passive Cash Flowing Properties
Buy shares of investment properties, earn rental income & appreciation for anywhere from $100 to $20k — let Arrived take care of the rest.
Commercial bankruptcies are on the rise, folks. We're talking about a 29% jump from last year.
And businesses are struggling to keep up with their loans; leading to a surge in bankruptcies.
Keep your eyes peeled; opportunities are unfolding in every corner of this market.
In this edition of the AltReports:
🤑 Money Mavericks
💵 Cashflow Crash
🌴 Property Plunge
🚀 Soaring Spendings
👀 Spectator Sport
Video of the Week: Bank of America Predicts Major Housing Market Shift
Chart of the Week: Financialization is dying!
Podcast of the Week: 2024 Self Storage Investing & State of the Market
Amid Multifamily Distress, Some Dealmakers Strike in Texas
When it comes to the Lone Star State's multifamily meltdown, some savvy vultures are swooping in to snatch up these distressed digs like they're hotcakes at a foreclosure feast.
As the economy plays a cruel game of musical chairs with interest rates, these deal-loving desperadoes are betting big on Texas's housing hiccup.
Commercial Bankruptcies Surge YoY
The number of businesses belly-upping is skyrocketing, with filings jumping 29% from last October.
Seems like a whole bunch of execs spent too much time cutting ribbons and not enough counting beans, and now they're all scrambling to find the nearest financial life raft.
Where Cook County Foreclosures Popped Up in October
Just when you think the sunshine state was all palm trees and piña coladas, the grim reaper of commercial real estate pops in to say 'Hello!'
Foreclosures are sprouting up in South Florida like mushrooms after a swampy rain. It's not a tidal wave yet, but that drip-drip-drip you hear?
That's the sound of bankers' tears hitting their foreclosed files.