Dan J. Harkey

Master Educator | Business & Finance Consultant | Mentor

California Economy

"Onerous Laws & Regulations” and “Unintended Consequences” are the State’s Most Reliable Output.

A reality-based look at housing, lending, regulations, and the consequences nobody expected, nor budgeted for.

California isn’t just an economy—it’s a live experiment in what happens when ambition meets regulation, and regulation meets… more regulation. I break down what’s really driving outcomes in housing, insurance, construction, and credit—tracking the intended and unintended consequences all the way to NOI, DSCR, and deal viability. Humor included, because if you don’t laugh at policy irrational logic, you’ll end up crying into your escrow impound account.

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The More We Learn About the Habits of Others, the More Effective We Will Become in Our Personal and Business Lives

There is great value in determining who to associate with and who to avoid: Some relationships are better left alone

SB-4: A Legal Framework for Faith-Based Institutions and Non-Profit Colleges to Build Affordable Multi-Family Homes on Lands They Own

SB-4: This California legislation is designed to expedite the development process for affordable housing on lands owned by religious and educational institutions, thereby significantly boosting the housing supply.

I’m as Mad As Hell, And I’m Not Going To Take This Anymore

The classic movie Network (1976) was a satirical drama film that had far-reaching implications about the American Enterprise.

A Borrower Operates With Very Little Skin in the Game: Trying To Maximize Profits

Maximum Leverage May Be Beneficial To The Borrower or May Be Used to Transfer the Developer’s Risk to the Lender

SB-1079: Modifies The Foreclosure Procedure of Residential 1 to 4 Properties In California

Another Monstrocrity law on the books modifies the foreclosure procedure. It serves to remove protective equity rights from trust deed investors and lenders, transferring the financial benefits to a special class as dictated by the regulation.

Can We Purchase a Property and Subject to the Seller's 2.9% Fully Amortized Loan?

Without Notifying the Lender Who Holds The Loan?

Real Estate Bubble vs. No Bubble: 2007-8 - Mother of All Economic Crashes.

May 2010: Warren Buffett- “Very, very few people could appreciate the bubble,” which he called a “mass delusion” shared by 300 million Americans.

AB-2424: The California Legislature Has Passed Another Monster Law, Making It More Difficult To Foreclose On 1-4 Residential Units

AB 2424 is another law full of financial traps for lenders because it delays foreclosures, by extending the foreclosure period almost, almost, but not quite, idefinitely.

The Savvy Private Money Broker: Uncovered Significant Material Facts In A Potential Loan Transaction

The Borrower Intentionally Hid Pertinent Information

Let’s Get Out OF Dodge, restated, Let's Get Out Of California

This famed idiom is used to suggest leaving uncomfortable places. Alternatively, staying may result in dire consequences.

Daisy-Chain Mortgage Brokers Make Their Proposed Transaction Uncompetitive In The Marketplace

If Three Or Four Mortgage Brokers Demand To Get Paid, it will kill almost all transactions

Assessing Private/Hard Money Loan Transactions

Private money, also referred to as hard money, plays a vital role in the real estate industry.

A Trustee Of The Family Trust Holds Title On Behalf Of The Trust And The Beneficiaries

A Family Trust Cannot Hold Legal Title to Real Estate.

Dancing Around the Periphery

This phase refers to the act of delaying one’s genuine aspirations, delaying opportunities, or living life to its fullest potential.

Some Agreements Between Principal Parties Are Intended To Be For Non-Binding Mutual Understandings, While Others Are Binding Contracts

Memoranda of Agreement (MOA) vs. Memorandum of Understanding (MOU)

Propaganda is as American As Ice Cream and Apple Pie

Since the emergence of Edward Bernays in the early 20th century, the role of propaganda specialists has been a significant one. This role, rooted in history, continues to shape our present and will likely persist into the future.

Lady Sues Ex-boyfriend Over His Attempt To Steal Her Property

A Private Money Lender Came To The Rescue

Bad Bots: The Overwhelming Force Behind From 50% To 73% of Internet Traffic

Before you get excited about all your efforts and capital outlay to create an effective marketing platform and reach thousands of people per day, think again.

Round Up the Usual Suspects

This phrase originated in the 1942 film Casablanca, where Captain Renault ordered his subordinates to round up familiar pawns after Major Strasser was shot.

A Young Asian Women Keeps Bugging Me To Connect On Facebook? Her Name Is “Ho Le Fook.”

Am I That Special, Charming, Gorgeous, Masculine, Desirable, A Real Hunk?