Huge Number of Homeowners Hold Onto Favorable Mortgage Rates
April 18, 2024 | Reading Time: 6 Minutes Something profoundly unusual has unfolded in the American housing market over the past couple of years, marked by a rise in mortgage rates to around 7 percent. These rates, though not historically extraordinary by themselves, present a challenge due to the fact that the average American household […]
DIY or use a real estate guru?
April 15, 2024 | Reading Time: 5 Minutes Remember those classic TV infomercials from the 1980s featuring Tommy Vu or Carlton Sheets? While entertaining, these were the original pioneers of ‘learn-at-home’ real estate wisdom. Admittedly, many started their education journey with Carlton Sheets’ “No Money Down” program, dipping their toe into the water before realizing […]
The Real Estate Taxpayer’s Secret Weapon
April 15, 2024 | Reading Time: 1.5 Minutes The cost segregation strategy gives you the opportunity to create losses that can offset your W-2 income, potentially wiping out any money owed to the IRS. Let’s dive into a real-life scenario involving our friend Luke. He’s a W-2 employee earning $300,000. Initially, Luke faced a tax […]
Focus on Real Estate Fundamentals
April 15, 2024 | Reading Time: 1.5 Minutes Disregard for Fundamental Principles: With the market experiencing strength, many investors are overlooking fundamental principles. This could involve factors such as the intrinsic value of assets, economic indicators, or risk assessment. When the market is performing well, there can be a tendency to become complacent and neglect […]
Monitoring the Federal Reserve
April 15, 2024 | Reading Time: 1 Minute In 2024, the greatest potential for upheaval lies in unexpected events, akin to black swan occurrences like the pandemic. Despite the current focus on monetary policy over fiscal policy in the United States, keeping an eye on the Federal Reserve’s actions is crucial, especially regarding interest rates. […]
From suit & tie to bricks & mortar
April 15, 2024 | Reading Time: 14 Minutes Yes, you can invest in real estate even if you have a full-time job. The type of real estate investing you often see glamorized on television or touted by gurus isn’t the only option out there. In fact, what’s showcased on TV might not even be true […]
The Power of Prompt Communication
April 08, 2024 | Reading Time: 1.5 Minutes 76% of real estate deals come from answering the phone the first time: This statistic emphasizes the significance of promptly answering incoming calls in the real estate business. It suggests that a significant majority of successful transactions originate from immediate responsiveness to inquiries or leads. This underscores […]
How-Will-The-NAR-Settlement-Affect-Real-Estate-Investors
April 08, 2024 | Reading Time: 4 Minutes Well, imagine real estate investors as the hip dudes sitting in the back row of the theater, watching the drama unfold on stage with a knowing smirk. The $418 million real estate settlement is like a plot twist they didn’t see coming, but we are already thinking […]
Understanding the NAR Settlement
April 08, 2024 | Reading Time: 1.5 Minutes The $418 million settlement between the National Association of Realtors (NAR) and various class-action plaintiffs has stirred significant discussion in the real estate industry. While some view it as a transformative event that will reshape the sector, others argue that its impact may be less dramatic. The […]
Baby Boomers Hold $19 Trillion in Real Estate
April 08, 2024 | Reading Time: 1 Minute With an impressive portfolio encompassing $19 trillion in real estate assets, comprising 41.6% of the nation’s real estate wealth, baby boomers are transitioning into retirement and will soon be looking to transfer their assets… or rather, the house keys. And guess what? That’s where you swoop in. […]