Radio Show Notes 04/29/24 Monday:
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Mastering the Money Game: The Power of Good Credit in Investment Success
By Eric Willner, Host of The Real Estate Show, America’s longest running daily radio show about real estate.
Welcome to the Real Estate Show – South Florida's #1 Real Estate Radio Show and America's longest running daily radio show about real estate! This is the "Monday On A Mission" Edition of The Real Estate Show and it's where we continue to talk about why NOW is the time to buy real estate using the theme of: "The Power of Good Credit in your Finances."
Did you know? According to a recent study by the National Association of Realtors, good credit can save you tens of thousands of dollars over the life of your mortgage. That's a powerful motivator to get your credit in top shape before you embark on your real estate journey.
Today's show is all about "The Power of Good Credit in your Finances" and how very important knowing how it works is to a plan of Real Estate Success.
Before we get into the meat of the show, let me remind you of this week's special FREE Workshops:
Text the word EDGE to 561-861-2366 to reserve your spot for these valuable workshops. Spots fill up fast, so don't delay!
Real Estate requires skill, strategy, adaptability, and an unwavering determination to cross the finish line successfully. The road to financial victory may not be a straight path, but it's certainly an exhilarating one!
So That is why I am asking you are you “The Power of Good Credit in your Finances”
Here are the 10 solid reasons why I believe this:
1. Lower Interest Rates: Having good credit qualifies you for the best mortgage rates. Even a small difference in interest rate can save you a significant amount of money over the life of your loan.
2. Access to More Capital: With good credit, you can qualify for larger loans, allowing you to invest in more properties or higher-value properties that could potentially generate greater returns.
3. Negotiating Power: Cash buyers are attractive to sellers, but a strong credit score can give you similar leverage. Sellers are more likely to accept your offer if they know you'll be pre-approved for a loan.
4. Investment Opportunities: Good credit isn't just for mortgages. It can also open doors to investment property loans and even margin loans for stock purchases, further diversifying your portfolio.
5. Building Wealth Faster: The benefits of good credit compound over time. Lower interest rates and potentially higher returns on investments can significantly accelerate your wealth-building journey.
We're halfway through the show, and now's a great time to take a quick break. Today's Show is Brought to You By: TimeToFixMyCredit.com. If you're concerned about your credit score, TimeToFixMyCredit.com can help you understand your credit report, identify and dispute errors, and develop a plan to improve your score. Visit their website at TimeToFixMyCredit.com or call them today!
Back to the show! Here are a few more reasons why good credit is crucial for real estate success:
6. Qualifying for Favorable Loan Terms: Good credit can unlock a variety of loan options with better terms, such as lower down payments and flexible repayment structures.
7. Building Financial Confidence: Knowing you have good credit empowers you to make informed financial decisions and pursue your real estate goals with greater confidence.
8. Attracting Quality Tenants: If you plan to rent out your property, good credit can help you attract high-quality tenants who are more likely to pay rent on time and take care of your property.
9. Improved Insurance Rates: Good credit can sometimes translate to lower insurance premiums for homeowners' insurance, renters' insurance, and even auto insurance.
10. Peace of Mind: Having good credit reduces financial stress and allows you to focus on the bigger picture – building a strong and profitable real estate portfolio.
Text the word EDGE to 561-861-2366 to reserve your spot for our FREE Financial Edge University Online Workshop on Wednesday Night!
Remember, a strong credit score is a valuable asset in the world of real estate. If you're serious about achieving financial freedom through real estate investing, take steps to improve your credit score today. TimeToFixMyCredit.com can help!
This has been a powerful show on The Power of Good Credit in your Finances! Tomorrow is our Tuesday Tools, Tips, and Techniques Edition of The Real Estate Show, where you won't want to
Also, you can listen to the entire 30 minute broadcast of any day’s edition of The Real Estate Show by clicking on the audio link on that days summary post. You can also watch the Facebook Live video at www.facebook.com/TheRealEstateShow.
Want to know more? If you are serious about real estate and paying off debt, then find out more on today and every day’s episodes and learn more about Real Estate Investing and learn HOW TO by listening to The Real Estate Show with Eric Willner , Live every weekday morning at 9 o’clock (EST) on Florida’s Money Talk Radio stations WWNN AM1470, FM 95.3 and FM 96.9. You can also hear us on the free apps: iHeart Radio and TuneIn. Recorded Rebroadcasts are available 24/7 on Facebook. Please share this and our Facebook updates.
Eric Willner is the Host and Founder of The Real Estate Show, an informative show about how to buy, own, and improve real estate the right way, on autopilot. - The Automatic Landlord way. (AutomaticLandlord.com) You can reach Eric Willner at Eric@Ericwillner.com or 888-595-7779.
Also listen to the rebroadcasts on demand on Facebook.com/TheRealEstateShow
#TheRealEstateShow, #The.Real.Estate.Show, #EricWillner, #AutomaticLandlord, #Saving vs Investing, #ThirdHome, #BestRealEstate, #WSBR, #AM740, #FM 96.9, FM 103.9, #WWNN, #AM1470, #MoneyTalkRadio, #TheRealEstateLife, #speakingempire, #GKIC, #makeamericagreatagain, #propertymanagement, #rent, #Saving, #Investing, #Debt Solutions, # So You Can Retire Debt-free, #RetireDebtFree, #VA Loan, #AutomaticDebtSolution
Radio Show Notes 04/26/24 Friday:
Weekly Wrap Up and Real Estate Revelations: The Key to Financial Freedom Lies in the Availability of Money, Not Its Cost!
Welcome to the Real Estate Show – South Florida's #1 Real Estate Radio Show and America's longest running daily radio show about real estate. It's a virtual mini seminar in every episode!
This week, we've been diving deep into the statement: "The Availability of Money is Often More Important Than The Cost of Money" when it comes to real estate success. Today, we'll summarize the week's shows and wrap things up to set you up for a successful next week!
Did you know? A recent study by the National Association of Realtors (NAR) found that 71% of first-time homebuyers cited having a down payment saved as the biggest hurdle to homeownership. This statistic highlights the importance of readily available cash to overcome financial barriers and seize real estate opportunities.
Before we delve into the week's recap, let me remind you of some exciting events coming up next week:
Now, let's revisit our weekly theme: Why NOW is the time to buy real estate using the availability of money as your key tool. Here are just a few reasons why this statement is critical to your success:
Many people get stuck as employees, lacking the courage or resources to become business owners. Here at The Real Estate Show, we can help you break free from this cycle! As we cover this week's theme, we'll also provide the roadmap to safely create and keep wealth through affordable homeownership, a written financial plan, and multiple streams of income. This journey starts with being organized, educated, and having a financial edge through our workshops. Text "EDGE" to 561-861-2366 to learn more!
Today's Show and better credit is Brought to You by: www.TimeToFixMyCredit.com.
Building good credit is crucial for securing financing and achieving your real estate goals. If bad credit is holding you back, don't hesitate to reach out to www.TimeToFixMyCredit.com !
Now, let's recap this week's shows in chronological order, highlighting key takeaways and reinforcing our theme.
Monday
On Mondays, we set the stage for the week's theme. This week, we discussed the importance of having available money in real estate investing, going beyond just securing financing. We explored how cash can be your secret weapon, allowing you to act quickly, negotiate effectively, and have greater control over your investments. Key points included:
Tuesday
Our "Tuesday Tools, Tips, and Techniques" show delved deeper into strategies for building your financial edge.
In our Tuesday Tools, Tips, and Techniques Edition, we provided practical strategies for real estate success, reinforcing the theme of the week. Key points included:
We discussed the Cash Flow Quadrants and how real estate is the perfect vehicle to move from Employee (E) to Business Owner (B) and ultimately achieve financial freedom (I). We highlighted specific tools and strategies to save more, make more money through smarter investing and potentially starting a business, and leverage your finances strategically to maximize your returns on investment. Remember, The Real Estate Show is your resource for valuable tools and techniques to unlock your real estate success, regardless of your current financial position. Text "EDGE" to 561-861-2366 to learn more!
**Today's Show and better credit is Brought to You by: TheCreditTeam.com
Wednesday
Now, let's connect the dots. In our Midweek Mortgage, Market, and Money Report, we discussed the latest trends in interest rates and their impact on real estate. Key points included:
We shared where rates were now – over 7%, and that wanting or waiting for lower interest rates may not be a wise move. Action NOW is what is needed to succeed.
Understanding current interest rate trends is crucial for your real estate strategy. Lower interest rates can translate to more favorable financing opportunities, making it an opportune time for homebuyers and investors to secure mortgages or consider refinancing. It aligns perfectly with our theme of avoiding the Credit Crunch and Winning with Great Credit.
Our "Midweek Mortgage, Market and Money Report" provided insights into the current market landscape. We discussed recent interest rate trends, market conditions, and how they impact your real estate decisions. The key takeaway? Regardless of where you are in the Cash Flow Quadrants (Employee (E), Self-Employed (S), Business Owner (B), or Investor (I)), real estate remains a powerful tool for building wealth. The current market offers a unique window of opportunity, and with the right strategies (including having available money), you can position yourself for success.
Thursday
Our "Thursday ATM – About The Money" Edition focused on why NOW is the perfect time to leverage the power of available money in real estate investing. Key points included:
We revisited the concept of the Power of 3: Everyone should buy a house, have a financial plan, and own a business that generates income and tax benefits. This 3-pronged approach creates a strong foundation, not just for real estate success, but also for TOTAL financial success.
We also emphasized the importance of a strong financial mindset. Building a secure financial foundation allows you to approach real estate opportunities with confidence. You'll be prepared to act quickly, negotiate effectively, and weather unexpected challenges.
Remember, The Real Estate Show is your partner in building your financial edge. We offer free workshops throughout the week! Text "Edge" to 561-861-2366 to secure your spot and learn more about valuable strategies for building your financial edge and achieving real estate success.
So there you have it! TGIF!
TGIF = Thank Goodness It's Friday!
TGIF = Thank Goodness I'm Financially Prepared! (This reinforces the importance of financial planning)
TGIF = Thank Goodness It's Florida – The Best RE Market to Invest in America! (This is a localized call to action for listeners in South Florida)
TGIF = Thank Goodness It's Finished! (A lighter way to end the week's recap)
We did it! Thank you for tuning in this week. Remember, don't just listen – use our show to take action and get started in real estate investing. Tune in every weekday to The Real Estate Show, a literal seminar in every episode. Have a fantastic weekend, and we'll see you again LIVE on the Monday on a Mission edition of The Real Estate Show!
Radio Show Notes 04/25/24 Thursday:
Real Estate is the I.D.E.A.L Investment!
Learn more about Real Estate Investing and learn HOW by listening to America's Longest Running Daily Real Estate Radio Show "The Real Estate Show with Eric Willner", Live every weekday evening at 9 o'clock (EST) on Florida's Money Talk Radio Network WWNN 1470AM, 95.3FM, FM 96.9, and FM 103.9. Then contact us at 888-595-7779 to see how we can help you with your real estate goals. You can also hear us on the free apps: iHeart Radio and TuneIn and the WWNN AM1470 app. If you miss the live show, Recorded Rebroadcasts are available 24/7 on Facebook.
Then check out these EXTRA cool resources:
TimeToFixMyCredit.com for Financial Education and Credit Improvement
AutomaticLandlord.com for Landlording and Real Estate Investment
MackBuysHouses.com for a fast cash offer on Real Estate
MackSellsHouses.com for great deals on Real Estate Investments
MackBargainHouseHunters.com to Partner on Real Estate Deals
Eric Willner is the Host and Founder of The Real Estate Show, an informative show about how to buy, own, and improve real estate the right way. You can reach Eric Willner at eric@therealestateshow.com or 888-595-7779.
#TheRealEstateShow, #EricWillner, #AutomaticLandlord, #ThirdHome, #BestRealEstate, #WSBR, #AM740, #FM 96.9, FM 103.9, #MoneyTalkRadio, #TheRealEstateLife, #speakingempire, #GKIC, #makeamericagreatagain, #propertymanagement, #rent
Radio Show Notes 04/24/24 Wednesday:
Radio Show Notes 04/23/24 Tuesday:
Radio Show Notes 04/22/24 Monday:
Cash is King: Why Availability Trumps Cost When Investing in Real Estate
Welcome to the Real Estate Show – South Florida's #1 Real Estate Radio Show and America's longest-running daily radio show about real estate. This is the "Monday On A Mission" Edition, where we kick off the week with a powerful theme to help you succeed in real estate investing.
Did you know? A recent study showed that investors with readily available cash were able to secure multiple investment properties during the 2008 recession, while those reliant on financing missed out on these opportunities. This highlights the importance of having access to money, even if interest rates are low.
Today's show is all about "The Availability of Money is Often More Important Than the Cost of Money". Understanding this powerful concept is crucial for creating a successful real estate investment plan. I am going to give you 10 reasons too!
Before we dive in, let me remind you about this week's exciting free workshops:
Real estate investing demands skill, strategy, and unwavering determination to achieve your financial goals. The road may not be straight, but it's incredibly rewarding!
So, here's the question: Why is the availability of money often more important than the cost of money?
Here are 10 compelling reasons:
Text "EDGE" to 561-861-2366 to learn more about building your financial edge and unlocking real estate success!
Today's Show is Brought to You By: www.TimeToFixMyCredit.com. Don't let bad credit hold you back from achieving your real estate goals!
Thinking about attending one of our free workshops this week? Text "Edge" to 561-861-2366 to secure your spot today!
By prioritizing the availability of money, you empower yourself to seize opportunities, negotiate effectively, and achieve your real estate goals.
Remember, tomorrow is our Tuesday Tools, Tips, and Techniques Edition of The Real Estate Show, where you'll gain valuable resources and insights to help you profit and succeed in the real estate world! Don't miss it!
Thank you for tuning in to The Real Estate Show, a literal seminar in every episode. Don't just listen, use our show to get started in real estate investing. Tune in every weekday and remember to attend our free online workshops! We'll see you tomorrow!
Radio Show Notes 04/19/24 Friday:
"Unlocking Opportunities in Uncertain Times: Real Estate Strategies for Success"
7 Reasons NOW is the BEST Time to Buy Real Estate (Even in a Wobbly Market!)
Welcome to the Real Estate Show – South Florida's #1 Real Estate Radio Show and America's longest-running daily radio show about real estate. It's a virtual mini seminar in every episode!
This week, we've been exploring the powerful statement: Times of Turmoil are also Times of Opportunity. Today, we'll summarize the week's shows and wrap things up to set you up for a successful new week in real estate.
Did you know? A recent study showed that during economic downturns, real estate values tend to remain more stable than stocks or other investments. This highlights the power of real estate as a long-term wealth-building tool, even amidst challenges.
Before we dive in, let me remind you of some exciting opportunities coming up next week:
Now, back to our theme: why now is the perfect time to buy real estate. Let's delve into a few reasons that support this statement:
1. Historically Low Interest Rates (Considering inflation): Current interest rates are incredibly favorable for buyers and investors. This translates to lower monthly payments and the potential to qualify for a larger loan, allowing you to invest in a better property.
2. Stable Real Estate Market: While some economic sectors may experience turbulence, the real estate market often shows remarkable resilience. Owning real estate provides a tangible asset that can appreciate in value over time.
3. Increased Inventory: In some areas, we're seeing a rise in available properties. This gives you more bargaining power and the opportunity to find a property that perfectly suits your needs and budget.
4. Inflation Hedge: Real estate can be a powerful hedge against inflation. As the cost of living increases, rental income and property values tend to rise as well, protecting your investment's purchasing power.
5. Building Long-Term Wealth: Ultimately, the goal is to be financially free as an investor. To do that, you need a strong "B" quadrant (business) to fund your "I" quadrant (investor). Real estate is an excellent way to build a lucrative business that generates consistent cash flow.
Many people struggle to break free from the employee mindset and become business owners. But The Real Estate Show can help you overcome this hurdle. By listening to our show, you gain the knowledge, confidence, and strategies needed to succeed in real estate investing.
As we cover this week's content and lay out the roadmap to safely creating and keeping wealth through affordable homeownership, a written financial plan, and multiple income streams, we're ultimately helping you gain independence and peace of mind. This starts with being organized, educated, and having a financial edge.
Today's Show and better credit is Brought to You by: www.TimeToFixMyCredit.com
Now, let's revisit the week's shows in order and summarize the key takeaways from each:
On Monday's "Monday On A Mission" edition, we set the stage for the week, emphasizing the importance of viewing times of turmoil as opportunities. We discussed the benefits of real estate investing in turbulent times, including its stability, long-term growth potential, and ability to generate consistent cash flow.
We also introduced the theme of the week: Times of Turmoil are also Times of Opportunity. We explored historical examples of how real estate has thrived during challenging economic periods, highlighting its resilience and its potential to be a safe haven for your investments.
Tuesday's "Tuesday Tools, Tips, and Techniques" focused on putting the theme into action. We explored specific real estate strategies that can be particularly advantageous during times of economic uncertainty.
Here are some key takeaways from Tuesday's show:
The Real Estate Show – Friday Weekly Wrap Up (Continued)
"Now, let's connect the dots. Understanding these interest rate trends is crucial for your real estate strategy. Lower interest rates can translate to more favorable financing opportunities, making it an opportune time for homebuyers and investors to secure mortgages or consider refinancing. It aligns perfectly with our theme of avoiding the Credit Crunch and Winning with Great Credit."
Wednesday's "Midweek Mortgage, Market and Money Report" provided an in-depth analysis of current interest rate trends and their impact on the real estate market. Here are some key takeaways:
Remember, no matter where you are now, where you are in the E, S, B or I quadrant, Real Estate is the best vehicle to advance and our market news shows that.
Today's Show and a better chance of securing a great mortgage rate is Brought to You by: www.TimeToFixMyCredit.com
Don't forget to text "EDGE" to 561-861-2366 to learn more about building your financial edge!
Thursday's "Thursday ATM – About The Money" Edition focused on the financial aspects of why now is the right time to buy real estate. We explored strategies for aligning your finances with your real estate goals, even if you don't have a high salary. Here are some key takeaways:
TGIF = TG it's Friday TGIF = TG I'm Financially prepared! TGIF = TG it's Florida – The Best RE Market to invest in in America! TGIF = TG it's Finished!
We did it! Thank you for tuning in this week. Remember, don't just listen – use our show to get started in real estate investing.
Next week we are going to go into detail about finding and maintaining income producing real estate – The “Buy & Hold” strategy. You won’t want to miss some of the new things we have perfected.
Tune in every weekday to The Real Estate Show, a literal seminar in every episode. Have a fantastic weekend, and we'll see you again LIVE on the Monday on a Mission edition of The Real Estate Show!
Radio Show Notes 04/18/24 Thursday:
Secret Habits of Teacher Millionaires Revealed! It's Not About Salary!
Welcome to The Real Estate Show—South Florida’s #1 Real Estate Radio Show and America's longest-running daily radio show about real estate. The radio show is called "The Real Estate Show," hosted by me, Eric Willner, known as the Voice of Real Estate and founder of America's longest-running daily radio show about real estate. I'm also the creator of The Automatic Landlord System for Owning Cash Flowing Real Estate Profitably and Hassle-Free. It's a virtual real estate seminar in every episode.
Today is Thursday, where we call it the "ATM – About The Money" Edition of The Real Estate Show. It's where we continue to talk about why now is the right time to buy real estate, using the theme of "Times of Turmoil are also Times of Opportunity."
Did you know real estate offers the potential for multiple ROI streams, not just capital appreciation? This includes rental income, tax benefits, and depreciation deductions. Real estate investing is more than just buying a property; it's about leveraging a multifaceted approach for long-term financial growth and stability.
Before we dive into today's discussion, I want to talk about the fantastic Wednesday night workshop we had last night. It was the Financial Edge University Overview, and we are building a community of street-smart and money-smart people. In yesterday's workshop, we introduced you to the 72-Hour Money Challenge, which could be a game-changer for your financial future.
Ready to take control of your finances and put more money back in your pocket? Join us for the exciting 72-Hour Money Challenge, where financial experts do the work, and you reap the rewards!
Starting on March 18th, 2024, and running until April 30th, 2024, this 72-day challenge is your ticket to financial fitness and freedom.
Stop giving your hard-earned money away to the Government, Banks, and Big Business! Let our team of experts turn these expenses back into income for YOU.
Here’s what you can expect:
• Our Experts Do The Work: Unlike other programs, we provide you with a complete team of financial experts who will do the heavy lifting for you and anyone you refer.
• GUARANTEED SUCCESS: We’re so confident in our program that we guarantee to put more money in your pockets than what our membership costs, or you get your money back!
• YOU GET PAID DAILY: Simply refer others to our 72-Hour Money Challenge, and let our experts do the rest. You can earn immediate and long-term residual income while enjoying one of the highest member retention rates in the industry!
Don’t miss out on this incredible opportunity to transform your financial future. Take and share the 72-Hour Money Challenge today!
Every day you wait to accept the challenge could be costing you hundreds or even thousands of dollars EVERY MONTH that you’ll never get back. Get started NOW and start living your best financial life!
Ready to join? Simply click the link below and let’s get started: Join the 72-Hour Money Challenge.
Together, let’s make your money work for you! #72HourChallenge #FinancialFreedom #MoneyMatters.
You can join us online by invitation simply by texting EDGE to 561-861-2366.
Today’s show is brought to you by TimeFixMyCredit.com. Text "Credit" to 561-861-2366.
Teachers: The Secret Millionaires You Least Expect
Alright folks, let's talk about teachers. You know, the dedicated souls who shape young minds for a living, often for what most would consider a not-so-princely salary. But here's the shocker: according to a study by Ramsey Solutions (that's me, your boy, Dave Ramsey!), teachers are millionaires in surprising numbers!
That's right, teachers snag the third spot on the list of most likely millionaires, right behind engineers and accountants. Doc Ock may be brilliant, but apparently, financial smarts aren't exclusive to high-powered careers!
So, what's the secret sauce? It's not about raking in the big bucks. It's about smarts and strategy, baby! Here's the lowdown:
But Wait, There's More!
Here's the deal: you don't need a six-figure salary to be a millionaire. It's all about managing your money wisely. Here's how you can get started:
The Takeaway?
Financial success isn't about your job title; it's about your habits. So, learn from the teacher millionaires: be smart, be disciplined, and watch your wealth grow! Remember, you've got this!
This week marks the 16th week of 2024, and April is Financial Literacy Month! Financial Literacy Month is a time to promote financial education and empower individuals to make informed financial decisions. Throughout the month, organizations, schools, and financial institutions host events, workshops, and educational initiatives on topics such as budgeting, saving, investing, and managing debt. The goal is to improve financial literacy levels and help people achieve greater financial stability and success.
In important news:
• Economy: The US economy is performing well with steady job growth and low unemployment. Inflation remains high, but it has come down slightly in the past year.
• Federal Reserve's Goals: Their goal is to keep unemployment low and inflation at a stable rate of 2% in the long run. The time it will take to achieve these goals may be longer.
• Interest Rates: The Fed decided to keep interest rates the same (between 5.25% and 5.5%). They will monitor economic data and may adjust rates in the future if inflation doesn't fall steadily towards their 2% target.
• Reducing Bond Holdings: The Fed will continue to reduce their holdings of government and mortgage-backed bonds, as previously announced.
• Future Actions: The Fed will closely monitor economic data and adjust their policies if needed to reach their goals of stable prices and low unemployment.
Let's continue to talk about why now is the time to buy real estate using the theme "Times of Turmoil are also Times of Opportunity." Remember, one of the biggest opportunities in times of uncertainty is the chance to buy real estate at potentially lower prices and with more favorable terms.
Another important point to remember is the power of a three-pronged approach to real estate investing: the 3-legged stool.
The power of three is crucial in any investment strategy, and this triple play approach can help you achieve your financial goals.
Remember to text EDGE to 561-861-2366 for more information on how to get started on your real estate investing journey.
Today's show is brought to you by TimeFixMyCredit.com. Text "Credit" to 561-861-2366 for credit solutions that can help you achieve homeownership regardless of your credit score or down payment situation.
In closing, I want to thank you for tuning in to The Real Estate Show today. Remember, don't just listen—take action! Use our insights to guide your real estate investments and decisions. Join us tomorrow for the "Friday Weekly Wrap-Up," where we recap the highlights of the week.
Remember, "It's a stone cold fact that real estate is the best investment. Period. It's the IDEAL Investment."
Radio Show Notes 04/17/24 Wednesday:
Don't Fear the Fluctuating Market: How to Seize Real Estate Opportunities Now (Even With Rising Rates!)
Welcome to The Real Estate Show—South Florida’s #1 Real Estate Radio Show and America's longest-running daily radio show about real estate. My name is Eric Willner, known as the Voice of Real Estate and founder of the nation's longest-running daily radio show about real estate. I'm also the creator of The Automatic Landlord System for owning cash-flowing real estate profitably and hassle-free. This show is a virtual real estate seminar in every episode.
Today is the "Wednesday Midweek Mortgage & Market Report" Edition of The Real Estate Show, where we dive into why NOW is the right time to buy real estate using the theme of Times of Turmoil are also Times of Opportunity.
Did you know?
"Did you know investing just $100 per month with a 7% annual return could grow to over $1 million in 40 years? (Source: Compound Interest Calculator) Starting small and letting your money grow over time can be powerful. Consistency is the secret to financial success. Want to do it in less time? Stay tuned!"
Special Free Workshops:
Before we dive in, let me remind you of this week's special FREE Workshops:
Today’s show is about Times of Turmoil are also Times of Opportunity and how crucial it is to understand how this theme can shape your real estate success.
The Importance of Knowing the Market
In uncertain times, it’s natural for people to hold off on making significant investments. However, these moments can offer unique opportunities to purchase real estate at lower prices and secure more favorable terms. With the right approach, today's market conditions can set the stage for long-term financial growth.
Current Market Trends
4. Take Advantage of Increased Inventory: The recent spike in home sales and inventory means more options for buyers and investors. Look for properties that fit your investment strategy.
KEY POINTS
· The Biden administration moved this week to limit how much rent can rise in certain affordable housing units across the country. Here’s what tenants should know about the new protection.
· The Biden administration moved this week to limit how much rent can rise in certain affordable housing units across the country.
· While some housing experts criticized the move, tenant advocates said the new rule, which will cap rent increases at 10%, will help people to stay in their homes.
· “The rent is still too damn high, but this cap will provide stability to more than a million tenants,” said Tara Raghuveer, the director of the National Tenant Union Federation.
· However, Mortgage Bankers Association President and CEO Bob Broeksmit said capping rent increases would only worsen the housing-affordability crisis.
· “Rent control has consistently proven to be a failed policy that discourages new construction, distorts market pricing, and leads to a degradation of the quality of rental housing — the exact opposite of what is currently needed in markets throughout the country,” Broeksmit said.
· Here’s what renters should know about the new protection, which was announced on April 1 and is now in effect.
· The cap applies to units that receive funding from the Low-Income Housing Tax Credit, the nation’s largest federal affordable housing program, according to experts. The National Low-Income Housing Coalition estimates that around 2.6 million rental homes across the U.S. have current LIHTC rent and income restrictions.
· To learn if you are in such a unit, you can look on your lease — check for the word “tax credit” or the letters “LIHTC” — or ask your landlord, said Shamus Roller, the executive director of the National Housing Law Project.
· You can also ask your state housing agency, he said.
· Some agencies have an interactive map and a list of all LIHTC properties available on their website, Roller said.
· Another option is to ask your local recorder’s office for documentation.
· “All LIHTC properties are subject to a regulatory agreement that must be recorded against the property,” he added.
· There is also a LIHTC public database, but housing advocates warned it was outdated. A tenant could also check with the National Housing Preservation Database.
· The U.S. Department of Housing and Urban Development uses income limits each year to calculate the maximum amount of rent that an owner can charge a LIHTC tenant, according to the National Housing Law Project.
Text EDGE to 561-861-2366 to stay updated on the latest trends and tips.
Summary
Today's show highlights the potential for opportunity in times of uncertainty. With mortgage rates fluctuating, mortgage demand stalling, and home sales spiking, there are numerous angles to explore. Understanding these trends can help you make informed decisions and maximize your real estate investments.
Conclusion
Thank you for tuning in to The Real Estate Show. Remember, don't just listen—take action. Use our insights to guide your real estate investments and decisions. Join us tomorrow for the "ATM Edition—About The Money," where we dive into topics that impact your financial success. And don't forget to share this show with others who should own real estate.
Stay informed, take advantage of these opportunities, and keep listening for more valuable insights on The Real Estate Show!
Radio Show Notes 04/16/24 Tuesday:
"Immediate Actions to Profit from Real Estate in Uncertain Times: Tips and Techniques"
By Eric Willner, Host of The Real Estate?Show, America’s longest running daily?radio?show?about real estate.
Welcome to The Real Estate Show – South Florida’s #1 Real Estate Radio Show and America's longest-running daily radio show about real estate!
I'm your host, Eric Willner, also known as the Voice of Real Estate and creator of The Automatic Landlord System for owning cash-flowing real estate profitably and hassle-free. Today is our “Tuesday Tools, Tips, and Techniques” Edition of The Real Estate Show, where we focus on actionable steps you can take immediately to capitalize on the current real estate market.
Today's theme is: "Times of Turmoil are also Times of Opportunity."
Did you know that some of the best real estate deals in history have been struck during times of economic uncertainty? Today, we're zeroing in on how you can act now to take advantage of these unique opportunities and position yourself for real estate success.
Before we dive into today's topic, let me remind you about our special FREE workshops this week:
Real estate requires skill, strategy, adaptability, and an unwavering determination to succeed. Let's discuss actionable steps you can take today:
CALL TO ACTION: Text EDGE to 561-861-2366 for more information and resources!
It's time for a sponsor's break.
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Now, let's continue exploring how to capitalize on opportunities in times of turmoil. Remember, acting now could set you up for long-term success.
CALL TO ACTION: Text EDGE to 561-861-2366 for resources and support in real estate investing!
As we wrap up today’s discussion, don't forget to join us tomorrow for our Midweek Mortgage and Market Report Edition of The Real Estate Show. Tune in for updates on current mortgage rates and market trends to guide your real estate decisions.
Thank you for tuning in to The Real Estate Show! Don't just listen—use our show to get started in real estate investing. Remember to tune in every weekday to our show, where you'll get a virtual seminar in every episode. And don't forget to attend our free online workshops!
Until next time, this is Eric Willner, wishing you success on your journey to real estate prosperity!