I just returned from a long-overdue two-week family vacation in Thailand. It was amazing! I recommend adding it to your bucket list.
Being there gave me some time to think about life's priorities and how to better balance my life. So this week I want to share something a little different with you in our newsletter…
When it comes to real estate clichés, “Location, location, location” has all other contenders (including “Not a drive-by!”; “Cash is king!”; “Is that your checkbook or are you just glad to see me?”; and “Worst house, best street”) beat by a mile.
Not only has it been in use since at least 1926 (according to the New York Times), but it’s utterly and in-arguably true.
Gold has been in demand for many years. It has been associated with affluence and is usually represented as ostentatious jewelry. And unlike other precious metals, gold remains assessed at a high value. A regular Apple Smart Watch will cost you $349 to $399. But an 18 karat gold edition Apple Smart Watch will set you back $10,000 (USD)!
Many people would probably say gold is the best investment in the market. Those who do are not aware that investing in real estate is better than investing in gold!
Once you learn how to analyze where your market is and the direction it’s probably going, then you can plan your investment attack.
Certain strategies work well in a rising market, others work better in a flat or falling market. Many strategies work in any market, as long as you know your market and adjust your investing accordingly.
Here are some of your options:
How does the economy really work?
This simple but not simplistic video by Ray Dalio, the founder of Bridgewater Associates, shows the basic driving forces behind the economy, and explains why economic cycles occur by breaking down concepts such as credit, interest rates, leveraging and deleveraging.
In order to ensure long-term success when purchasing a rental property, it’s important to develop a strong, reliable team that can help you through the buying process, and your lender is a BIG part of that equation.
That’s why, when it comes to real estate investing, you need a lender who fully understands the investing landscape.
U-Haul moving truck price disparities usually indicate domestic migration trends long before official migration does. In light of that, we compared the costs of renting a truck each direction to and from 16 cities and learned that:
The 2016 housing market is expected to be a picture of moderate but solid growth, with increasing interest rates a minimal concern. Rental investors will particularly benefit as property appreciates, rents rise to record heights and vacancy rates fall.
The housing market is looking more and more attractive for predictable yields as equities continue on their wild ride. “Extreme volatility in the stock market may drive more investors to invest in relatively stable assets like housing,” said Anthony Cazazian, senior VP of national sales and business development at B2R Finance.
Here are four macro trends generally agreed upon by leading housing authorities to take place in 2016. Taken together, they make a solid case for investing in rental housing.
[Read more…]
Children learn by asking questions. Students learn by asking questions. Investors learn by asking questions. People who think that they know it all no longer ask questions – why should they?
The most successful people in life never stop asking questions because they know it's the best way to gain deeper insights, solve problems, and achieve greater success.
CoreLogic released their most current Home Price Index last week. In the report, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month and projected over the next twelve months.
Here are state maps for each category:
