Rich Home Investments LLC

08/15/2024

HOUSING MARKET CRASH OF 2024 IS STARTING!

REAL ESTATE MARKET IS ABOUT TO CRASH

Did y'all know 56,000 Home Deals Fell Through in June 2024?

People were shocked about the additional closing cost because of the daily interest rate changes. Life changes happen like death or births. Lost of jobs. Illness or Sickness- maybe from seeing the mortgage price at the table. 🤣😜 ( Let me be serious) Oh and let's not forget these darn Insurance rates that went up on January 1, 2024.

This is the biggest amount in HISTORY! That is 15% of everyone who was at the closing table to buy a house.

20% of homes had a price cut because the homes are now sitting. HEY, what happened to all the cash buyers? Where ya at?
Can you say, MOTIVATED SELLERS!?

I told y'all last year and earlier this year to be patient. Prices will lower at the end of 2024, and the interest and home prices will come down. I also called my old apartment and the rent is lower. Since most newer apartments now base their rates on market value, the apartment prices fluctuate too.

This is CRAZY! Ohhhh baby! Can you say recession coming- No matter who is the president, it is going to happen in order for the economy to get reset. It has to happen.

Orlando, Jacksonville, and Tampa are all in the top 3 with over 20% of our buyers - saying "FU at the closing table or within 72 hours of closing".

There are a lot of motivated sellers popping up on Zillow. WOW!

I almost forgot that on August 17th, a new National Realtor law goes into effect that will make it harder for buyers to purchase. YOU WILL NEED MORE MONEY. A lot more. Closing cost, Down payment, Realtors Fee, Moving Cost, Appraisal, and minor other BS that will come up.

Some realtors will become bartenders, car salesmen, and surfers. Y'all about to lose y'all jobs. Some of y'all anyway. Struggling ones will be out the door first. Buyers ain't finna pay that, I know I am not. I am petty - I rather get a realtor's license and do my own contract to buy a house or help my friends and NOT charge them. Yall can buy me dinner or send me some groceries from Walmart. 🤣









I remember in 2007, they said we are not going to have a recession but they were doing so much stupid stuff like now. We just have different stupid stuff now. I am not believing anyone working at a bank or lender that a downfall in lower home prices and recession is not coming. They want to keep your down payment and then get the house in 9-12 months when you can no longer pay. ( and sell it to me for $30.25 😜🤣😂 You were high on w**d and agreed to an ARM home loan and now that thang is off da chain 9 months later. Y'all better wake up!

My sadness is that more people will become homeless in 2025!

08/09/2024

FOR SALE @ $115k This Cute 3/1 SFH in East Moline, IL.
1013SF

If you are looking for a rental, this is it. The going rate for rent in the area is $1200-1450 a month.

The inside has been redone and we replaced the carpet when the last renter left a few weeks ago. They were their 5 years with pets ( VACANT ). We were going to rent again, but during the process decided to sell.

The area is going through gentrification, is about 8-10 from the river, and quiet neighborhood.

It is cleaned and ready to be sold and rented. Asking $119k. Inbox me your email for more info. or let me know what questions you have.

08/08/2023

Learn how to acquire FREE Real Estate, Real Estate Agents can Get paid FULL commission on donated property, or donate real estate for the tax benefits while helping your favorite charities.

This 3 hour class is great for;
Real Estate Agents
Non-profits
CPA's
Financial Advisors
Property Owners
Anyone that would like to become certified and thinking about this as a new career or to add on to your existing business as another stream of income.

Scan the QR code on the flyer for entry and we will see you on Tuesday August 15th at 11am EST.

You can also click here. No fees on Meetup.

Eventbrite:
https://www.eventbrite.com/e/charitable-real-estate-masterclass-live-in-arlington-tax-services-tickets-691191581627?aff=oddtdtcreator

Meetup:
https://www.meetup.com/meetup-group-utamsrpm/events/295202082/?utm_medium=referral&utm_campaign=share-btn_savedevents_share_modal&utm_source=link

10/20/2022

Looks like home prices are dropping.

01/25/2022

DO YOU NEED A BUSINESS LOAN?

Must HAVE a U.S. Based business
67% of ownership required
Enough money on business account to handle debt load at the end of each month
US Citizen
Soft Credit pull to make sure you have at least a 640 FICO for my online application
No more than 1 late payment in a 12 month period

We make it simple for you. You can click here if you are ready and you know your FICO is over 640 http://bit.ly/PrivateMoney7Figures

12/02/2020

I have plenty of MONEY for your small existing business or Real Estate Business?

If you are an existing business with 6 months of BUSINESS bank statements?
600 FICO or better?
Then call me and let me show you how I can help. I loan in all 50 states. Business example of some of my loans are;
Medical facilities
Nail Salons
Bars
Dentist Offices
Restaurants
Hair Salons or Barbershops
Mechanic Shops
Construction companies
Handymen business
Real Estate Investors ( no bank statements needed)
also at home businesses
******************************************************
I also lend on Real Estate deals, just different parameters.

PLEASE SHARE!

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09/24/2020

I have plenty of MONEY for your small existing business or Real Estate Business?

If you are an existing business with 6 months of BUSINESS bank statements?
500 FICO or better?
Then call me and let me show you how I can help. I loan in all 50 states. Business example of some of my loans are;
Medical facilities
Nail Salons
Bars
Dentist Offices
Restaurants
Hair Salons or Barbershops
Mechanic Shops
Construction companies
Handymen business
Real Estate Investors ( no bank statements needed)
also at home businesses
******************************************************
I also lend on Real Estate deals, just different parameters.
PLEASE SHARE!

09/07/2020

08/28/2020

Investor Real Estate Loans

Certified Private Money Broker