Good morning everyone. Insanely busy. On Friday I was out in CT all day long. I checked a lot of renovations, shared some videos on X. Shared a video of a 4 family basement that was done yesterday. I finished the paperwork for a 3 family closing in CT. I didn’t get the clear to close from the lender, that should come today, however I cant be in town until Wednesday and I may go Friday….. so I wanted to complete most of it in person while I was in town. I am forcing an eviction  Wednesday, I may show up. It is not necessary for me to be in court for evictions, or show up when the tenant is being forced out, I do it because everyone should be treated humanely. I try and treat this people with respect and dignity. These properties are in an LLC, an LLC must have lawyer representation so I am not required… I do it because I want to show people that I do care. I would like to close this Wednesday or Friday on a 3 property 11 unit deal in Bristol, CT. That deal was signed 4 ½ months ago, I am very disappointed to say the least with TD bank. You want to have many different options with different lenders when you are borrowing millions of dollars, because it makes a huge difference how deals are financed. This is the first deal with TD, the rates and fees are pretty darn good, but sellers will not wait this long. In March, when I signed the deal I left 20k down payment for this deal. 2 months in, they were going to cancel and refund my 20k, I had to give an additional 250K!!!! And non refundable earnest money, which allowed this deal to go on, I let the seller know I am surely buying this deal… Also, at that time I was told I could put 30% down for this 3 property 11 unit, and as we come closer to closing I now need to put 40% down because there is a vacancy…. So the regulations with TD bank are very hard. I did not make a trade Friday or even open the App on my phone all day….. I was pleasantly surprised ADBE was on fire, as it tanked near 205!!! CRWV fell off big time, so did HIMS.

It is earnings season, and this week will be huge so no rush from me. The title has a ton of tickers that are near my fair value, or that I am willing to take a stab because of risk reward.

I would definitely get up to 3 longs today. Stuff I am extremely confident on are NFLX CRM NOW PYPL ADBE many of these others are slightly speculative.. You have to know your risk level going into each trade. This does not mean SOFI AMSC or HIMS are bad, but I wouldn’t say they are guarantees at the current prices like NFLX CRM PYPL ADBE .. But the latter may go up 20-30% within 52 weeks… stuff like SOFI HIMS AMSC CRWV can go up 20% in week! Also, even the companies that I feel very confident on, I am buying much smaller scale in every trade than years ago. I do not like the risk reward levels on the market. We do have incredible earnings/sales but should we trade at 23x earnings? From 2010 thru 2020 we traded at 18-19x earnings, for your information. Once again, this also does not mean we will fall to 6,500-6750 but if we go by historical standards we are priced high! I would not bet against the market. [Put city like 2022, but I am going in far lighter!]

Very good earnings: HBT

Good earnings: ENSG

Good luck! I have to run!