Philip Klinck

9.8K posts

Philip Klinck

Philip Klinck

@CreateNotesOnRE

Real estate exchangor.

Greenville, SC 加入时间 Temmuz 2022
1.4K 关注5.5K 粉丝
Philip Klinck
Philip Klinck@CreateNotesOnRE·
@Sandmanterry55 @RandPaul @subyroy You'd see 200-500 trillion on their balance sheet if it was the FED. It's really just government created treasuries. Commercial banks buy them because it's a free trade for them. It's all really just the government spending.
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Crash
Crash@Sandmanterry55·
@RandPaul @subyroy I’m going with the Federal Reserve as the main reason, prove me wrong, endless indebtedness to them for money they printed
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Rand Paul
Rand Paul@RandPaul·
Our national debt is the greatest threat to our national security. The Iran war costs $1-2 billion a day. Farmers need billions to offset tariff losses. Storm damage needs billions more. None of it is paid for. All of it is borrowed. And Washington just keeps spending.
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Philip Klinck
Philip Klinck@CreateNotesOnRE·
Double your money in 5 years in 1st position. #retwit
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Philip Klinck
Philip Klinck@CreateNotesOnRE·
An individual property can do that in a down market. But most of the property doesn't transact at any given time. So it's kind of like that phrase when your neighbor loses their job it's a recession, when you lose your job it's a depression. It just depends on who it's happening to.
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think like a real estate appraiser
Last time the housing market peaked and bottomed over six years. That means even if housing peaked this year, it would be 2032 before the market bottomed Real Estate doesn’t drop 30% overnight it never has and it never will Why do so many people think a 30% drop in one year is just around the corner ?
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Philip Klinck
Philip Klinck@CreateNotesOnRE·
@NathanDWebb @REExchangor Nathan's wife was the rockstar of the meeting. She could have been an interrogator in a different life. In a good way.
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Philip Klinck
Philip Klinck@CreateNotesOnRE·
@LukeGromen Or print their own currency. Most governments do that. That's why the dollar didn't go down during COVID. We created lots of new treasuries which creates new currency through bank lending. But they just outright print their money.
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Luke Gromen
Luke Gromen@LukeGromen·
If their GDP drops 14%, do you think Qatar and Kuwait will: a) Slash government outlays (thereby risking domestic unrest), or; b) Sell USTs & US equities “until their hands bleed” to raise USDs to buy needed goods to try to maintain domestic order? Bet on “b”.
Annmarie Hordern@annmarie

Goldman Sachs on the Gulf: Qatar and Kuwait could each see their GDP contract by 14% this year should the conflict continue through April, resulting in a two-month halt of the Strait of Hormuz. Saudi Arabia and the UAE would fare better given their ability to re-route oil flows away from critical Hormuz waterway, but would still likely see GDP drop by about 3% and 5%. bloomberg.com/news/articles/…

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Philip Klinck
Philip Klinck@CreateNotesOnRE·
Development in CO, $6,000,000 take down by builder. Payout over 3 years. Needs $1.5m in development for gravel roads. Will trade this for a $4m property today. You take the upside. #retwit
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Philip Klinck
Philip Klinck@CreateNotesOnRE·
$600,000 house. Will trade for a note or notes. What do you have? #retwit Borrow money by taking my house and creating a note against your property.
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Santiago Capital
Santiago Capital@SantiagoAuFund·
@TonyNashNerd Anything short of Trump moving to Tehran and living in the former Ayatollah's residence will be proclaimed by the American fatalists to be a complete failure of Epic Fury's objectives...
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Tony Nash
Tony Nash@TonyNashNerd·
OMG, I'm so bored of Iran season. We need to get College Football season started early.
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Philip Klinck
Philip Klinck@CreateNotesOnRE·
$400,000 cash coming in the next 6 months. Will trade that today plus $800,000 cash. Can repeat that 4 more times. Seeking real estate with upside or debt. Will buy debt or lend. #retwit
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Jay Chekansky
Jay Chekansky@jchek779·
@CreateNotesOnRE All are wrapped around a PML 1st that would be paid off as part of the note sale. Arbitrage is the 8th wonder of the world
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Philip Klinck
Philip Klinck@CreateNotesOnRE·
Is it better to hold a note at 10% interest? Or cash at whatever the bank will give you rate but have instant optionality?
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Jay Chekansky
Jay Chekansky@jchek779·
@CreateNotesOnRE Most are rehabbed doublewides on land in Upstate SC. LTV is case by case but 60-85% across my holdings Detitled Permanent Foundation Dodd Frank underwritten borrowers All 3rd party serviced with pay history
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Philip Klinck
Philip Klinck@CreateNotesOnRE·
@ThinkAppraiser @HomeLoanBill Real estate is hyper local. We buy in up or down markets. Doesn't matter. The deal itself and the seller is far more important than the dollar denominator changing over time.
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Home Loan Bill
Home Loan Bill@HomeLoanBill·
Bro literally took the money he makes from telling the world the housing market is doomed and buys a house with it. 😂😂😂
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Codie Sanchez
Codie Sanchez@Codie_Sanchez·
The most dangerous person in the room is the one who doesn’t need anyone's approval, attention or sympathy. You just execute anyway.
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