overheard convo

[ocrenter]

woman #1: guess what guys, I just passed my real estate license, I’m so exited!!!

woman #2: congratulation!

woman #3: congratulation, but isn’t the housing market softening up?

woman #1: oh but there’s so much you can do with that license, all of the loan brokers I know all have real estate liscenses too. I may also look into that as well.

silence…

woman #3: oh wow, congratulation!

(hmmm… if the housing market softens, aren’t realtors AND loan brokers BOTH affected? apparently she didn’t get the memo on housing either.)

[La Jolla Renter]

Maybe this new Licensee should take out a few 100% financing loans and pick up a few condos during this natural pull back buying opportunity.

After all… they need to walk the talk.

Don’t worry about the negative cash flow… rents are going up and the appreciation will more than make up the difference.

🙂

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