Mortgage Delinquencies Spike 128%

In this episode of "One Rental at a Time," we delve into some significant shifts in the housing and credit markets. We start by addressing the alarming spike in mortgage delinquencies, up 128%, and discuss what this means in the context of historical averages. We also explore the rising delinquency rates in credit cards and auto loans and their potential implications. Then, we discuss the surprising news of President Biden withdrawing from the re-election race and what this might mean for the political landscape. Additionally, I share insights on helping two young investors, Jack and Spencer, navigate seller financing deals in Las Vegas. We wrap up with some notable earnings reports and a discussion on potential price wars in the airline industry. Timeline Summary: [00:00:00] Introduction and overview of mortgage delinquencies [00:01:54] Historical context and implications of the 128% increase in mortgage delinquencies [00:03:41] Rising credit card and auto loan delinquencies [00:07:28] President Biden's withdrawal from the re-election race [00:11:32] Helping Jack and Spencer with seller financing deals in Las Vegas [00:14:10] Framework for successful seller financing deals [00:16:14] Earnings reports: Verizon and Reinier's performance [00:17:28] Announcement of Buying Vegas Episode 3 and what's next Links & Resources: Freddie Mac Prop Stream One Rental at a Time Newsletter Closing Remarks: If you enjoyed this episode, please rate, follow, share, and review our podcast. Your feedback helps us improve and reach more listeners. Follow us on social media for updates and exclusive content. Keep investing, stay informed, and remember—it's all about doing the work. Happy investing!