Key Takeaways: – The guest on the Real Estate Rookie podcast, Andrew Freed, successfully completed a $6.5 million real estate deal using other people’s money. – The deal involved a portfolio of 12 properties with a total of 69 doors. – Andrew found the deal through a direct mailer, but it was brought to him…
Key Takeaways: – Investing in real estate can lead to massive wealth – It is a simple, repeatable process that many Americans have used to get rich – It takes knowledge and time to succeed – BiggerPockets is a resource for learning how to buy rental properties – Scott Trench, CEO of BiggerPockets, shares his…
Key Takeaways: – The article discusses the goals of four experienced investors for the year 2024. – Indar Lange’s goals include paying off debt, selling properties in Connecticut, generating $84,000 per month in net passive income, prioritizing family time, and achieving a $1 million net profit annually from his flipping company. – Amelia McGee’s goals…
Key Takeaways: – Vetted by HousingWire helps individuals find the best real estate schools in Illinois for obtaining a broker’s license. – There is a difference between a broker’s license and a managing broker’s license in Illinois. – The CE Shop is a highly rated real estate school in Illinois with a 96% student satisfaction…
Key Takeaways: – A survey of over 5,000 people found broad support for zoning changes that would allow for more affordable housing. – The changes supported by the public present opportunities for investors to build more housing. – The majority of respondents supported rules that would allow single-family homeowners to create rentable apartments within their…
Key Takeaways: – Jason Velie became a multimillionaire through investing in an overlooked type of investment property. – These properties are cheap and can be bought outright in cash. – Jason was able to buy a property for $15,000 that is now worth $1,000,000. – Jason has done 29 deals in just four years, including…
Key Takeaways: – The article discusses the importance of choosing the right real estate classes in Ohio for individuals looking to pursue a career in real estate. – Davis College, powered by The CE Shop, is recommended as the best Ohio real estate school for fulfilling prelicense requirements. They offer comprehensive packages to help individuals…
Key Takeaways: – Mortgage rates and home prices have been rising in 2023, but mortgage rates are now trending downwards. – The housing market is dependent on the Federal Reserve’s interest rate, which has been high to combat inflation. – Lawrence Yun, chief economist at the National Association of Realtors, predicts that home sales will…
Key Takeaways: – A new real estate transfer tax went into effect in Los Angeles on sales priced above $5 million – The tax imposes a 4 percent transfer tax on properties priced over $5 million and a 5.5 percent tax on properties priced over $10 million – The tax has led to significant fluctuations…
Key Takeaways: – Coldwell Banker luxury agent Jade Mills experienced the negative impact of the new transfer tax on property sales above $5 million in Los Angeles when a transaction fell apart due to the tax. – Other agents in Los Angeles have also seen their business and clients suffer as a result of the…
