This interview is full of some very intersting statistics. And the source is a business owner who owns more than 100 Thousand homes across America.
While I don’t agree with everything in the interview, the guest does point out the dire need for more housing across the country – and how great the demand for housing actually is.
It means that as a real estate investor – you need to be ready to find money from someplace other than a local bank. Most of the loans are going to people with high paying jobs, steller credit, and high down payments. Banks are protecting themselves.You should protect yourself too, and prepare yourself for the next 12 months. By being ready to finance a property outside of local banks when necessary.What happens when you have been looking for a “flip” property for 6 months and suddenly someone with 5 properties pops up and wants to sell rather quickly and get out of the business. What do you do then?If you’re not sure, or absolutely positive what you would do, then you need to join us Monday night for our next WREIA meeting this Monday.Then Monday night at WREIA – let’s talk about the next steps we can all be taking when it comes to making money in real estate right here in the DC area and beyond. |
The topic for WREIA this month is: “What’s going on with financing?” Come join us! My sole focus for the June 2023 WREIA meeting is:Helping you understand financing optionswhen rates (and the economy) are wonky. Spend a few moments with us at our next WREIA meeting Monday night– it could save you a fortune down the road.See you Monday! Remember to grab a virtual reservation here and we will send you a reminder a few moments before we kick off the June 2023 meeting Monday at 7PM. Go ahead – grab a ticket. (And yes, there is still no charge to attend.) |