
Ray Hespen
@RayHespen
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@propertymeld CEO. Property Maintenance Operations Software. $3B+ in repairs automated.
Rapid City, SD
Joined June 2022
Curious what @moseskagan has to say about this. .
Assemblyman Ash Kalra introduced AB 1157 to strengthen CA’s statewide rent control:. -Rent increases limited to inflation + 2% (CPI+5%), with a max of 5% (down from 10%).-Removes the 2030 sunset clause.-SFR will no longer be exempt. Is it tenant right of F owners that they want?.
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The housing market is highly hinged on supply as well as demand. The supply seems to be propped up partially by FHA (interesting there) whereas the demand could drastically be hit by items like this. .
NY Fed is estimating that 9 million borrowers are now in default on student loan payments. And that credit scores could drop 75-150 points. Could have a big impact on housing market.
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Leading indicator for how much risk a bank is foreseeing based on compressed buying power + market correction. .
This is concerning:. 41.8% of US homeowners who sought to refinance their mortgages have received an application rejection, the highest share in over 12 years. The percentage has QUADRUPLED since October 2023, according to the NY Fed. Many Americans are seeking to refinance to
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Have highly undervalued the concept of likeability. It's only evident on the absence of it and all the obstacles that are seemingly more plentiful against those that have the attribute.
Early in my career I thought being the most technical and knowledgeable person in finance would get me to the top. Being smart is important but it will only take you so far. Simply being a likable person that does what they say and is a good communicator is far more important.
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RT @DNIGabbard: Per @POTUS directive, I have revoked security clearances and barred access to classified information for Antony Blinken, Ja….
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You've built a great business, clearly. I am in personal admiration. There is an element that it would be terrible advice for a startup founder or core team members, though. Time is the ultimate leverage in very hard games.
I discourage my employees from working nights and weekends, because that should be family/personal time. We don’t have any compulsive workaholics, but we still have 8 figures in EBITDA twice over. If you need people to always work overtime to make your company succeed, what.
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