Ben answers Real Estate questions

"the word for 2024 in real estate Finance is extend"

"Orlando's growing I could tell you that Miami can only grow so much I mean you know it's one little area and it's surrounded by water mostly but in Orlando it's connected to lands and lakes and all this is so it's growing out and growing out"

"if people think they can just go into an empty house and start staying there then you know things have really gotten out of hand with today's uh political rules and laws and all that stuff we've gone absolutely cuckoo if people have gone to that level now I mean it must be a problem because you hear a lot about it"

"if the interest rate comes down people will start buying houses again"

"the word for 2024 in real estate Finance is extend okay because that's all they want to do they don't want to you know rock the boat start dealing with foreclosures and start dealing with receiverships and people going Belly Up and people aren't willing to make a capital call to buy down their debt"

"I'm hoping that eventually and I think politics has a lot to do with it I think uh eventually I don't know but I'm hoping that sooner or later the bank's going to want to get paid back okay so we'll see what happens I'm hoping I'm starting to see the distress trickle down now some people are saying you know what we need our money back because we can make more money if we get that property back sell it and invest it now versus sitting around getting that low return that's what the banks are doing and Wall Street and everybody that loans money out in real estate"

"the biggest problem they got the guys that I talk to about uh doing work in Chicago is the is the [ __ ] the city they're just a total pain in the ass to them and yeah I hear it's very corrupt and and it's very corrupt and unless you know the right people you know you're gonna get screwed over and you're gonna suck all kinds of money out of you and it's impossible to try to even do remodeling permits building permits it's just a total nightmare because it's one of those type cities"

"if you got 2.3% interest rates that thing's going to Triple on you if you do a cash out refi"

"Orlando's growing I could tell you that Miami can only grow so much I mean you know it's one little area and it's surrounded by water mostly but in Orlando it's connected to lands and lakes and all this is so it's growing out and growing out"

"the word for 2024 in real estate Finance is extend okay because that's all they want to do they don't want to you know rock the boat start dealing with foreclosures and start dealing with receiverships and people going Belly Up"

"Orlando's growing I could tell you that Miami can only grow so much I mean you know it's one little area and it's surrounded by water mostly but in Orlando it's connected to lands and lakes and all this is so it's growing out and growing out"