321: Booming Home Price Appreciation and Record Prices
A crystal ball prediction for the housing market does not exist.
The best measure may be the forward-looking Homebuilder Confidence Index. It just hit an all-time high for optimism.
Interest rate direction has little to do with housing prices. But it helps.
Real estate is not an asset. Real estate derivatives are assets, whether it be a mortgage or a lease.
Gregg Cohen of JWB Real Estate Capital joins us. He’s a longtime provider of new construction turnkey rental property in Jacksonville, FL. See their properties at: CashFlowAndGrowth.com
We discuss how appreciation makes long-term real estate investors more money than cash flow, amortization, tax benefits or inflation-profiting.
Resources Mentioned >
Resources Mentioned: Jacksonville new turnkey property: CashFlowAndGrowth.com | Suburban Rents Rise: https://www.realtor.com/news/real-estate-news/race-for-space-pushing-up-suburban-rents/ | Show Notes: www.GetRichEducation.com/321 | CNBC on home price rise: https://www.cnbc.com/video/2020/11/13/rise-in-home-prices-will-be-tremendous-for-builders-analyst.html | Mortgage Loans: RidgeLendingGroup.com | EQRPs: text “EQRP” in ALL CAPS to 72000 or: eQRP.co | By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. | New Construction Turnkey Property: CashFlowAndGrowth.com | Best Financial Education: GetRichEducation.com | Top Properties & Providers: GREturnkey.com | Follow us on Instagram: @getricheducation | Keith’s personal Instagram: @keithweinhold
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