News:
- https://www.architecturaldigest.com/story/real-estate-markets-us-to-watch-2018
- https://www.usatoday.com/story/money/2017/12/12/real-estate-market-exclusive-here-top-cities-buy-and-sell-homes/936581001/
- https://www.usatoday.com/story/money/2017/10/23/heres-why-house-hunting-so-frustrating-right-now/786034001/
- https://www.usatoday.com/story/news/2017/10/20/50-worst-american-cities-live/784413001/
- http://www.thedenverchannel.com/lifestyle/real-estate/report-denver-is-14th-most-unaffordable-real-estate-market-in-us-18th-in-north-america
- Worldwide affordability rankings. The median multiple you divide the median home price by the median salary. 3 is the dividing point. Above that unaffordable. Below, affordable. http://www.demographia.com/dhi.pdf
- https://www.bloomberg.com/news/articles/2017-12-13/tax-overhaul-could-be-huge-win-for-u-s-real-estate-investors
- https://www.nytimes.com/2017/12/05/business/economy/tax-bill-real-estate.html
- https://seekingalpha.com/article/4129717-tax-reform-can-stimulate-real-estate-market-stocks-stand-gain
- https://slate.com/business/2017/12/housing-markets-worst-hit-by-republican-tax-plan.html
Emails: Questions@flippingamericaradio.com Tell us where you’re from!
- Alvin, Merced, CA “I have converted my 401K from my previous employer to a self-directed Roth IRA. Now I am looking to invest in someone’s deal. Should I invest in someone flipping or in a long-term buy and hold?”
- Douglas, Mt. Vernon, IL, “There isn’t much happening in my town in terms of real estate investing. In fact, I don’t know of anyone who does this as an actual job. What would you advise someone like me - interested but unsure of the possibilities?”
- Look in the legal ads in the paper. Find out the Illinois foreclosure rules. Get down to the courthouse and see who is bidding and what they are bidding on. Make friends. Get a mentor. Talk to local realtors.
- David, Atlanta, GA “I want to invest passively and I wonder if I can just put up money for you and your team to do some deals?”
- Ellen, Wakesha, WI, “I think my biggest obstacle to actually buying my first investment property is fear. Can you help me overcome it?”
- The unknown
- Self-confidence
- Risk management
- Bring in a mentor / experienced partner
Topics: Worldwide Affordability Index