Never pay rent again. Rent has climbed 7% year-over-year and 5% since March (according to Zillow)! That is by no means a small jump, and the reasons behind it should come as no surprise.
With a surge in housing prices, mortgages continue to go up, causing landlords of newly purchased properties with a dilemma: raise the rents to meet the mortgage or keep rents low and throw away your profit entirely. Combine the above with rampant inflation we’ve been experiencing, and you have a perfect storm for higher and higher rents.
Investors are snapping up houses. Why? How does this impact future renters and homebuyers?
Timestamps: 0:01 - Introduction - “Renting vs Buying” 0:31 - Great things are happening in the real estate market 1:38 - Lou’s gift - “Doing Good While Doing Well” book 2:18 - Lou’s Wins of the Week 3:08 - MJS attendee shares his takeaways on the event 6:24 - Lou brings to everyone his real estate news 6:52 - Investor Home Purchases Hit Record, Surpassing Pre-Pandemic Levels - Redfin 11:00 - Real Estate is a stable place to invest your money 12:25 - Topic of the week: Never Pay Rent Again! 18:21 - https://www.WealthBuilderWorkshop.Online - One-day training for only $1 on September 18th 21:09 - Real people, Real stories - Testimonials to Lou’s Street Smart System - https://www.StreetSmartInvestor.com 31:45 - “Doing Good While Doing Well” - Free ebook copy of Lou’s book at https://www.GetDoingGood.com
If you are JUST getting started in real estate investing, you NEED to attend my ONE-DAY virtual training. I teach it LIVE over ZOOM, and it's only $1 (yes, one dollar) for SIX HOURS of solid how-to training! https://www.wealthbuilderworkshop.online
If you're ready for a more in-depth experience, then you owe it to yourself to investigate my THREE- DAY Millionaire Jumpstart Event. I host it four times a year in various locations, and you can attend LIVE and in person. I'll be your coach all three days. Find out more at https://millionairejumpstart.com/
