Fred McGill (@freddymcgill) 's Twitter Profile
Fred McGill

@freddymcgill

Entrepreneur, operator and real estate dude. Co-founder @simpleshowingHQ, MBA & Economics @georgiatech

ID: 480902279

calendar_today02-02-2012 02:00:03

1,1K Tweet

1,1K Followers

1,1K Following

Fred McGill (@freddymcgill) 's Twitter Profile Photo

The only cities worth living in: (Southern Edition) - Beaufort, SC - Milton, GA - Rosemary Beach, FL - Fairhope, AL - Bluffton, SC - Isle of Hope, GA - Blue Ridge, GA - Highlands, NC - Forgotten Coast/St George Isl, FL Could prob name 5-6 more but good start...

Fred McGill (@freddymcgill) 's Twitter Profile Photo

Top 10 Tax Provisions in the #OBBB — CPA breakdown 1.šŸ’¼ Pass-Through Deduction (199A) made permanent Ensures S corps, LLCs, and partnerships retain the 20–23% QBI deduction. Huge for small biz tax planning. 2.šŸ—ļø 100% Bonus Depreciation extended Immediate expensing for capital

Fred McGill (@freddymcgill) 's Twitter Profile Photo

Property taxes should be paid for a fixed period—under a declining mileage rate then never again. How it works: •Tax assessed annually based on value, just like today. New homeowner pays first year at current rate. •Year 2 property tax declines to 90% of the millage rate.

Fred McGill (@freddymcgill) 's Twitter Profile Photo

Sorry, but this ain’t 2008. •96% of mortgages are fixed rate •Homeowners have record equity •Inventory is half of pre-2008 levels •No wave of subprime loans or forced sellers Expect a minor correction (-5%) in most markets thru Q2 2026. At worst, 10% in parts of Fla and Tx,

Fred McGill (@freddymcgill) 's Twitter Profile Photo

Tariffs work. Border’s closed. Eggs are cheap. Stocks are up. Economy’s humming. But don’t worry — liberals found a typo in a tweet, so democracy is still ā€˜hanging by a thread’. Lol

Fred McGill (@freddymcgill) 's Twitter Profile Photo

Most everyone wants a housing crash — cheaper homes, ā€œreset button,ā€ etc. I can name several tracks that could lead to big $$ for myself and investors if/when a crash did occur. So I’m not rooting against it, per se. But data’s a buzzkill: record equity, tight supply, low

Fred McGill (@freddymcgill) 's Twitter Profile Photo

Why 2025 will yield a housing ā€œcorrectionā€ but not a 2008- style crash: 1.$17T homeowner equity (highest on record by far) 2. 90% of homeowners have sub‑5% mortgages 3. No NINJA loans or reckless, sub-prime lending 4.Inventory 40% below 2019 5.Distress sales near record lows

Why 2025 will yield a housing ā€œcorrectionā€ but not a 2008- style crash:

1.$17T homeowner equity (highest on record by far)
2. 90% of homeowners have sub‑5% mortgages
3.  No NINJA loans or reckless, sub-prime lending
4.Inventory 40% below 2019
5.Distress sales near record lows
Fred McGill (@freddymcgill) 's Twitter Profile Photo

The same person who can’t afford a $3,200 mortgage at 6.5% apparently is the same person paying $3,000 in rent and $800 for their new car (6 year loan). If you can swing $3k rent and a $70k car, pls stop saying home ownership is ā€œimpossibleā€. Lol