Seven Illusions That Shape Our Business and Finance Decisions In the world of business and finance, certainty is a rare commodity. Yet, to make decisions, leaders often rely on assumptions that feel like facts—but are, in truth, illusions. These illusions provide comfort and simplify complexity, but when reality intrudes, they can lead to catastrophic missteps.
When Money Gets in the Way, Familiarity Breeds Contempt Successor Co-Trustees of a Family Trust: They Despise Each Other
Subordination and Inter-Creditor Agreements: Agreements that Modify the Collateral Lien Position, by Mutual Written Agreement Between Principal Parties A contractual document that provides a mutual understanding of modifying lien priority in real property transactions.
The Remote-Work Reset: How Hybrid Work Is Rewriting the Commercial Real Estate Playbook Remote and hybrid work have shifted from emergency measures to a durable operating model. The result is a structural re-rating of U.S. office demand, vacancy, valuations, and city finance.
Does the Bureau of Labor Statistics Lie for Political Gain or Desired Propaganda to Further Their Agenda and Ideology? The history of the Bureau of Labor Statistics provides false statistics, then revising them later as a propaganda ploy or political ploy. The BLS routinely overestimates or underestimates when it is politically expedient, and revises when it gets caught.
California Property Inflation and Insurance Stress: Multiple-Torpedoed-Whammies Against the People and Private Property Rights. California is experiencing a multitude of counter-economic forces that undermine the dream of homeownership and significantly add to the stresses of current property owners and renters alike.
Fiat Currency and Inflation Cycles: Understanding the Definition and Connection Fiat currency—money that derives its value from government decree (force) rather than a physical commodity—has become the foundation of modern economies. While it offers flexibility and efficiency, it also introduces a critical vulnerability: the potential for manipulation, inflationary cycles, and deflationary cycles.
SB-9: California: The objective is two dwellings on one single-family lot, or one single-family lot subdivided into two parcels. SB 9 and the Fight for Housing in California: The State Takes Over the approval authority, Municipalities left with Ministerial Approvals Only, Court Rulings, and What It Means for You.
How Bad Is the Office Property Glut Today? The U.S. office market is still facing a significant glut, though there are signs of gradual improvement.
Legal vs. Equitable Ownership in Real Property: Why Is This Critical? As It Relates to a “Due on Sale,” and “Due on Encumbrance” Provision in a Deed of Trust
Earners (Workers Who Pay Taxes) vs The Non-Productive (So-Called Bureaucratic Worker) Class and The Parasitic Takers Who Produce Nothing But Expect Everything as an Entitlement. It’s a question of profound significance. It delves into economic productivity, social policy, and cultural values, making it a topic of great interest and relevance. Who earns, pays taxes, and contributes to the economic engine of the U.S., and who are merely takers who subsist while exploiting the productive people? I intend to exclude those who are genuinely in need of help because of age, mental, or physical handicaps.
The Smoot-Hawley Tariff Act of 1930: Part I The Smoot-Hawley Tariff Act, officially known as the Tariff Act of 1930, was a U.S. law that raised import duties on thousands of goods to protect American businesses and farmers during the Great Depression. Sponsored by Senator Reed Smoot and Representative Willis C. Hawley, it became infamous for its unintended economic consequences, serving as a cautionary tale against hasty policy decisions.
Non-Profits and Churches: A Real Estate Lender’s Guide In California, the Attorney General’s office plays a critical oversight role for nonprofit and religious organizations, particularly those classified as charitable entities.
Frequently, the Mortgage Broker Must Help Clean Up The Borrower’s Mess To Close The loan. A good mortgage broker is worth their professional designation as a real pro, and to earn a handsome fee when they handle technical problems to achieve an adequate solution to get the loan approved
AB-2243, California: Housing on Commercially Zoned Land Here’s a detailed summary of California Assembly Bill (AB) 2243, which significantly expands the scope and impact of AB 2011 and SB 6 to promote housing development on commercially zoned land:
AB-2243: Streamlined Housing Approvals for Residential Developments on Commercially Zoned Property. Assembly Bill (“AB”) 2243 expands the existing streamlining process for residential developments on commercially zoned properties. The law took effect January 1, 2025.
California Senate Bill 35 (SB-35) Tiny Home Subdivisions SB-35 was enacted in 2017 and is a key piece of legislation aimed at addressing the state’s housing crisis by streamlining the approval process for certain residential developments.
UCC-1 Financing Statement? What is it and how does it work? A UCC-1 (Uniform Commercial Code-1) financing statement is a legal form that a lender files to publicly declare their interest in a borrower’s personal property as collateral for a loan. It’s part of the Uniform Commercial Code, which governs commercial transactions in the United States. This filing process is a crucial step in the loan process, ensuring that all parties are informed and knowledgeable about the legal aspects of the transaction.
Mechanics’ Lien Laws: California California’s Mechanics Lien Law provides a legal remedy for contractors, subcontractors, suppliers, laborers, and certain design professionals to secure payment for work or materials provided on construction projects. Here’s a comprehensive overview based on the latest 2025 guidance: