The Real Estate Show

Radio Show Notes 03/21/24 Thursday:

Read a summary of the show below or

Listen Here

Watch Live Facebook Video Here

"Spring into Action in Real Estate: Expert Strategies Revealed on The Real Estate Show!"

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 Eric Willner, known as the Voice of Real Estate and the founder of America’s longest-running daily radio show about real estate, as well as the creator of The Automatic Landlord System for Owning Cash Flowing Real Estate “Profitably and Hassle-Free”. This show serves as a virtual real estate seminar in every episode.

Today is Thursday, and it's the "ATM – About The Money" Edition of The Real Estate Show, where we dive into the financial aspects of real estate. Our theme for today is: It's Time to Spring into Action in Real Estate.

Today’s Did you know section:

1. Did you know the Fed kept interest rates steady? This might be a good time to lock in a mortgage rate for your home purchase!
2. Did you know a strong job market can influence housing prices? With low unemployment, buyer competition could rise, so act fast if you see a house you love.
3. Did you know inflation can impact housing affordability? While rates are steady now, consider how future inflation might affect your monthly payments.
4. Did you know the Fed is committed to controlling inflation? This could mean future interest rate hikes, potentially impacting mortgage affordability.
5. Did you know a steady economy can be a good time to buy real estate? With a strong job market, you might feel more secure about making a long-term investment in a home.
6. Did you know even with a steady economy, saving for a down payment is crucial? A larger down payment can give you more leverage and potentially lower monthly payments.
7. Did you know pre-approval for a mortgage can strengthen your offer? Being pre-approved shows sellers you're a serious buyer and ready to move quickly.
8. Did you know spring is traditionally a busy season for real estate? With more competition, getting your offer noticed can be tough. Be prepared to act quickly.
9. Did you know there are programs that can help with down payments? Explore options like FHA loans or down payment assistance programs to make homeownership more attainable.
10. Did you know even in a steady economy, unexpected expenses can arise? Factor in potential homeownership costs beyond the mortgage, like property taxes and maintenance.

Did you know that real estate offers the potential for multiple ROI streams, not just capital appreciation, including rental income, tax benefits, and depreciation deductions? With this in mind, let's explore why now is the perfect time to get involved in real estate investing.

Today's show will focus on the key financial aspects of real estate investing and how understanding and leveraging them can lead to financial success. But before we delve into that, I want to highlight our successful Financial Edge University Overview workshop held last night.

It was a fantastic event where we built a community of StreetSmart – Money Smart individuals. And if you missed it, don't worry, you can join us online by invitation simply by texting EDGE to 561-861-2366.

Now, let's discuss some important news from the Federal Reserve. On March 20th, 2024, the Fed released a statement following their FOMC meeting. Here's a summary: The US economy is performing well with steady job growth and low unemployment, although inflation remains high. The Fed's goal is to keep unemployment low and inflation stable at 2% in the long run. They decided to keep interest rates unchanged and will continue to monitor economic data closely.

OR more detailed:

On March 20th, 2024, the Federal Reserve released a statement following their FOMC meeting. Here's a summary:

• Economy: The US economy is doing well with steady job growth and low unemployment. However, inflation remains high, although 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. They believe the risks to achieving these goals are becoming more balanced.
• Interest Rates: The Fed decided to KEEP interest rates the same (between 5.25% and 5.5%). They will monitor economic data and might 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.

Now, let's address the financial divide in America. There is a growing disparity between the wealthy and the rest of the population. While some are thriving, others are struggling to make ends meet. But what if I could show you a way to bridge that divide and win at the money game? Imagine having less stress, more peace of mind, and more money in your pocket. The key lies in financial literacy and taking action to improve your financial situation.

This brings us to the importance of good credit. Did you know about the "80/20 Rule" as it relates to wealth in America? Essentially, 20% of the population holds 80% of the wealth, 20% of the population has great credit, and 80% have fair or poor credit, and a significant factor in this disparity is credit. Having good credit opens doors to opportunities and can significantly impact your financial future.

So, are you playing the money game and winning, or are you being played? It's time to take control of your financial destiny and join the privileged group by surrounding yourself with the right team and taking action. Text EDGE to 561-861-2366 to get the edge and start your journey towards financial success.

Now, let's talk about the power of a three-pronged approach to wealth building. I believe that everyone should buy a house, have their finances in order with a written financial/life plan, and own a business that provides tax benefits. This three-legged stool forms the foundation of financial success and empowers individuals to achieve their goals.

In conclusion, it's essential to understand the financial aspects of real estate investing and leverage them to your advantage. Join us in our workshops and tune in every weekday to The Real Estate Show for valuable insights and resources to help you succeed in real estate investing. Remember, it's a stone-cold fact that real estate is the best investment. Period. So, let's spring into action and make your real estate dreams a reality. Thank you for listening, and don't forget to share this show with others who should own real estate. Today's show is brought to you by www.TimeToFixMyCredit.com, our partner in bringing you homeownership regardless of credit or down payment.

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 

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.

#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