A few days ago we got a question from Lamar asking, “What questions should new investors be asking?” We liked the question so much we decided to make an entire episode out of it. We conducted a survey online and got some interesting responses which I will share plus I will weigh in. Here’s why this is important. If you are new, you need to make sure that your first project has the best chance of succeeding. In order to do that, you must engage in risk mitigation. And how do you do that? Ask questions. Ask a lot of them. Don’t be afraid to be new. Everyone was at some point. The question may be obvious, even to you, but ask it if you don’t know or are unsure. Today I’m going to focus on questions that may not be so obvious to you, the newbie, that we all wish we WOULD have asked if we had known.
Plus we have news about the world of real estate coming up in just a few minutes.
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Announcements:Local News
The biggest mall owner in the US ‘can’t guarantee’ there won’t be more retail wreckage this year
https://www.cnbc.com/2019/04/30/us-mall-owner-simon-property-group-reports-first-quarter-2019-earnings.html
One of the most valuable malls in America is getting a makeover
https://www.cnbc.com/2019/04/30/westfields-garden-state-plaza-mall-is-getting-a-makeover.html
Rising rents for Millennials give rise to a new breed of lender
https://www.realtor.com/news/real-estate-news/rising-rents-for-millennials-give-rise-to-a-new-breed-of-lender/
CIM Group has announced that its $5 billion development of apartments, offices, hotels and retail at The Gulch will be called Centennial Yards.
https://atlantaintownpaper.com/2019/05/real-estate-briefs-gulch-project-named-centennial-yards/
National News
Do you consider your home a great investment?
https://www.cnbc.com/2019/05/22/do-you-consider-your-home-a-great-investment-think-again.html
26 year old millionaire investor talks about the mistakes he made while buying homes
https://www.cnbc.com/2019/05/23/self-made-millionaire-investor-dont-make-the-huge-homebuying-mistake-i-made.html
Home sales fell in April despite a big drop in mortgage rates
https://www.cnbc.com/2019/05/21/home-sales-fell-in-april-despite-a-big-drop-in-mortgage-rates.html
The most splendid housing bubbles in America
https://seekingalpha.com/article/4258900-splendid-housing-bubbles-america-april-update
International News
Real Estate firm names the top cities for risk-seeking investors
https://www.cnbc.com/2019/05/01/real-estate-firms-names-the-top-cities-for-risk-seeking-investors.html
China-owned tower in New York City reportedly wouldn’t let Amnesty International move in
https://www.cnbc.com/2019/05/14/china-owned-nyc-tower-reportedly-blocked-amnesty-international-lease.html
Venture Capital flows between China and the US surpass direct investment for the first time
https://www.cnbc.com/2019/05/08/venture-capital-flows-between-us-china-surpass-direct-investment.html
The Questions new investors ought to be asking:Call 404-369-1018, press 1 and leave your message!
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