đź“ž Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com
âť“Ask me a 30-second question at https://morrisinvest.com/clayton
đź“ş Watch Next: How to Create Your Personalized Path to Financial Freedom: https://bit.ly/392kAsB
🏠What’s Your Freedom Number? Download our free PDF to help you determine how many rental properties you would need to achieve financial freedom: https://morrisinvest.com/freedom
đź’µ Ready to get your finances in order? Download the FREE 90-Day money empowerment Bootcamp: https://morrisinvest.com/bootcamp
🎓 Want to learn more about creating your individualized plan to wealth with a proven system? Join us in Financial Freedom Academy: https://financialfreedomacademy.com
👨🏻‍💻 Sign Up for My Webinar: https://morrisinvest.com/webinar
—————–
As commercial real estate loans come due this year and into next, small regional banks are expected to face major turbulence. Office and retail spaces have faced high vacancy rates in the past few years, as work-from-home culture took over.
This shift has changed the game in the office space sector, leaving many buildings vacant. This combined with continued high debt charge rates is creating a pinch for lenders and leaseholders.
Most leaseholders have no debt charge in refinancing. At this point, many commercial properties are valued at lower than the debt – and with the way rates have increased over the past few years, it just doesn’t make sense to refinance into a higher debt charge rate debt. You see, commercial real estate runs on debt.. but when the debt doesn’t fit the deal, someone has to take a loss. And in commercial real estate, especially high rise office spaces, the losses are enormous. Even big-name companies like Blackrock have defaulted on their commercial loans…
Despite any efforts made by regulators to ensure stability and faith in the banking sector, there’s still a lot of hazard.
As I’ve been saying here on this show, there’s never been a more important time to get your financial house in order. Now is the time to pay down consumer debt, diversify your money, and make sure you’re invested in tangible performing resources.
—————–
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves hazard. While it is possible to minimize hazard, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
Disclaimer:
If you own the YouTube channel related to this video and do not want it to be featured here, you can contact us through our contact page. We will gladly remove it without questioning your reason