Podcasts Business Flipping America What They Don't Tell You In The Bootcamps, Roger Herring

What They Don't Tell You In The Bootcamps, Roger Herring

Published: May 7, 2018, 2:15 p.m.

FAR 046 Hey if you are looking to get your deal funded I\u2019ve got great news. Whitestone Capital Solutions is offering loans as low as 4 points and 8%. Friends, if you are in the real estate investment business it\u2019s hard to find money any cheaper than this. I know because I\u2019ve looked around. All you have to do is go to www.whitestonecapitalsolutions.com, click \u201capply now\u201d and fill out the quick and easy form. One of our team members will be in touch with you quickly and get you headed toward closing on that deal. We are loaning in all 50 states. Apply today. News:

  • One place RE prices are flat: Anchorage, AK! Available inventory is down (like everywhere else) but prices are not going up (unlike everywhere else). Why? Because the population is declining. Shell closed a refinery in the area and many people are leaving.
  • Lesson: Avoid long-term strategies in areas with one large employer.
  • RE Investing in a Trump Economy - It\u2019s the same as investing in any economy.
  • The economy is driven largely by consumer confidence, not governmental policy. The only thing government can do by its policy implementation is to encourage or stifle economic activity.
  • Foreign Buyers 153 Billion last year. Up 49% from last year. About 5% of home sales
  • China 31B
  • Canada 19B
  • UK 9.5
  • Mexico 9.3
  • India 7.8
  • $3 trillion in home sales last year.
  • For the 4th year in a row, the largest group of homebuyers in the US are millenials, defined as 35 or younger.
  • The 5th hottest housing market in the US -- Columbus, OH. It\u2019s hot EVERYWHERE folks.
\xa0 Emails: Matthew from Louisville, KY: \u201cJust caught your show by accident and dude I\u2019m hooked. You gotta tell me how I can get some training and do this in Kentucky.\u201d Tuesdays at 2 FlipStarter Course Coming in September \xa0 Ashley from Denver, CO: \u201cWhat would be the signs that the real estate market is beginning to cool off?\u201d Watch Days on Market avg. (less than 30 is sellers\u2019 market) OR Watch absorption rate (above 20% is sellers\u2019 market) OR How many months of supply? (less than 3 months is sellers\u2019 market). You can ask a realtor in your area any one of these questions and you\u2019ll get a pretty good idea. The key is to ask the same realtor the same question 3 months in a row so you can track a trend. Interview Guests: Roger Herring, Investors\u2019 Accounting LLC