Better Than Success Real Estate News Briefing
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Better Than Success Real Estate News Brief for Nov 22, 2021
Better Than Success Real Estate News Briefing
11/22/21 • 4 min
Ground Leases Are Becoming A Popular Finance Tool, And Big Players Are Jumping Into The Space
Real Estate Is Way Behind in Tech. Here's Why and How to Fix It
How to refinance to a low mortgage rate — and pay nothing at closing
On Wednesday’s mastermind Driving for Dollars with Matt Kamp he shared that building your unique list that no one has is one of the things that top wholesalers do in the market. Because they are able to drive around and validate the properties. He also shared that the Deal Machine app has a feature where you can see all high-equity and vacant properties around the neighborhood, this can help you find the routes to them.
On Thursday’s Q&A Session with Steve Harris he shared that even good contractors can do bad work. It’s important to micromanage and lay down what you want your contractors to do specifically to let them know the outcome you’re expecting. He also shared, mistakes are always going to happen in a project. What’s important is the response time to their mistakes.
To see our upcoming events, visit betterthansuccess.com/events.
11/22/21 • 4 min
Better Than Success Real Estate News Brief for Nov 15, 2021
Better Than Success Real Estate News Briefing
11/15/21 • 5 min
Inflation Fears are Driving More Investors Towards Commercial Real Estate
Building and Renting Single-Family Homes Is Top-Performing Investment
FHA policy updates aim to revitalize chattel, home renovation program
On Wednesday’s mastermind Cash Flow Management for Real Estate Investors - How To Tell Your Money Where To Go Instead of Asking Where It Went, with Curtis May, he shared that understanding what bad and good debt is, is important to manage your cash flow. Because getting out of debt is not creating wealth. He also shared that you should use good debt or constructive debt to buy cash flowing assets or to build businesses.
On Thursday’s Q&A with Daniel Harvey, he shared that he purchased a mixed-used property for $180,000 and because it was occupied he was able to use a conventional loan. He also shared that the secret sauce in real estate investing is being creative and understanding zoning. Buy properties with a vision and use that when you rehab it. A lot of times, investors who sold it to you didn’t see the great potential of the property.
To see our upcoming events, visit betterthansuccess.com/events.
11/15/21 • 5 min
Better Than Success Real Estate News Brief for Nov 8, 2021
Better Than Success Real Estate News Briefing
11/08/21 • 4 min
Construction worker shortage has reached “crisis” levels
https://www.housingwire.com/articles/construction-worker-shortage-has-reached-crisis-levels/
Zillow to kill its iBuying program
https://www.housingwire.com/articles/zillow-to-kill-its-ibuying-program/
Where Have All the HELOCs Gone? The Latest Wrench in Home Renovation
On Wednesday’s mastermind How to Leverage Cryptocurrency to Buy Real Estate with Jimmy Williams and Corey Camp. They shared, whether you're a new or old investor, always start with the Rule of 72. It’s your R-O-I divided by 72, it tells you how many years it will take your money to double which you can’t do by just saving in the bank. They also shared that you should have a mindset like a bank when you think about assets, real estate, cryptocurrency and the stock market. Because banking is the greatest business ever.
On Thursday’s Q&A with Levar Clark, he shared that you should have a criteria for buying when looking for a deal as it will help you decide if you should close it. Meeting your numbers is also deciding factor. He also shared that it’s better to get into wholesaling first before buying rentals. By doing this you’ll learn what a deal is and get better at learning numbers in a deal.
To see our upcoming events, visit betterthansuccess.com/events.
11/08/21 • 4 min
Better Than Success Real Estate News Brief for Nov 1, 2021
Better Than Success Real Estate News Briefing
11/01/21 • 5 min
NFT In The Real Estate Industry: Short-Term Trend Or An Investment In The Future?
How Long Does Underwriting Take—and Can You Speed It Up?
https://www.realtor.com/advice/finance/how-long-does-underwriting-take/
What Are the Property Requirements for an FHA Loan?
On Wednesday’s mastermind Driving for Dollars with Matt Kamp he shared that what always works for investors is using a strategy that is going to cut through the competition, especially if you’re looking in places that investors are already interested in. Also, working to know more people will put you ahead of the game. They’ll be your source of information if tenants are moving out soon, if the property is vacant or being sold.
On Thursday’s Q&A with Steve Harris, he shared that when hiring a contractor and they're desperate for money you have to think about it. You have to hire someone who can stay all day to complete the tasks and be there if something goes wrong. He also shared that even good contractors can do bad work too. It’s important to micromanage and lay down what you want your contractors to do specifically to give them what outcome you’re expecting.
To see our upcoming events, visit betterthansuccess.com/events.
11/01/21 • 5 min
Better Than Success Real Estate News Brief for Oct 25, 2021
Better Than Success Real Estate News Briefing
10/25/21 • 5 min
How Do Student Loans Affect Your Ability to Buy a Home?
Why Is Zillow Pumping the Brakes on House Flipping?
The Future Of The Rental Market For Landlords And Tenants
On Wednesday’s event, Bookkeeping with Atiya Brown, she shared that real estate investors must understand what a balance sheet is. It’s the financial statement that shows what you own and who you owe something to. She also discussed that bookkeeping needs attentiveness to every detail as it will either cost you more money or save you more money in paying your taxes. Also, some investors think that cash-flow is their net income, but cash-flow is understanding what’s coming in versus what you have to pay. Another important thing is to know what reconciliations are, knowing what hits your bank accounts, whether an inflow or outflow is being accounted for, so you can catch anything that may be missing.
To see our upcoming events, visit betterthansuccess.com/events.
10/25/21 • 5 min
Better Than Success Real Estate News Brief for Oct 18 2021
Better Than Success Real Estate News Briefing
10/18/21 • 4 min
What You Need To Know About That Viral iBuyer TikTok
Fannie Mae vs. Freddie Mac: What’s the difference
How to Kick Someone Out of Your House: Evicting a Family Member With No Lease
https://www.realtor.com/advice/rent/how-to-evict-a-family-member/
On Wednesday’s event, Customize Your Own Creative Financing Strategies for Your Next Real Estate Deal with Nicole Purvy, she shared shared some rules for your financing strategies, a few of them include:
With rental loans, banks will finance up to 80% of the acquisition cost or the appraisal value whichever is less.
Most banks do not require seasoning of a property for a refi.
Banks use appraisals for refi’s, but for multi-families they will consider an income approach and market data.
To see our upcoming events, visit betterthansuccess.com/events.
10/18/21 • 4 min
Better Than Success Real Estate News Brief for Oct 11 2021
Better Than Success Real Estate News Briefing
10/11/21 • 4 min
Every week, the team at Better Than Success round up the biggest and most important news, policy changes, funding sources and investing opportunities for real estate investors and small business owners. It's the market information you need to know before pulling the trigger on your next or first investment.
Find each article mentioned in episode 19 below...
Mortgage rates could rise if the Fed starts tapering next month: What to do now
Could the Race to Space Create New Housing Opportunities?
https://rismedia.com/2021/10/04/race-space-create-housing-opportunities/
As Opportunity Zone Window Closes, The Case For Investment Is Stronger Than Ever
On Wednesday’s event, The Most Common Problems Developers Face on Their Construction Projects and How to Avoid Them with Jamil Soucar, he shared 4 common problems that developers face in their construction projects. He introduces the acronym HOME with 4 tips to use on your next construction project:
H - Have a clear, accurate and complete understanding of the scope of work that you would like to do before you get the project to the contractor.
O - Open your mind, there will be change orders. Put in a 10%-15% extra budget in case this happens.
M - Mitigation. In this process, the relationship with your architect and contractor is very important, each of you need to collaborate with each other in order to provide an effective resolution.
E - Expedite. Don’t let things drag in construction. Get a professional who can handle your project.
To see our upcoming events, visit betterthansuccess.com/events.
10/11/21 • 4 min
Better Than Success Real Estate News Brief for Oct 4 2021
Better Than Success Real Estate News Briefing
10/04/21 • 5 min
Every week, the team at Better Than Success round up the biggest and most important news, policy changes, funding sources and investing opportunities for real estate investors and small business owners. It's the market information you need to know before pulling the trigger on your next or first investment.
Find each article mentioned in episode 18 below...
Home-flipping profits are shrinking, but here’s where you can net the most
Mortgage Rates Will Spike If U.S. Defaults On Debt, Moody’s Report Finds
Fannie Mae Extends Multifamily Protections for Renters Indefinitely
On Wednesday’s event, Raising Private Capital to Invest in Philadelphia with Albert Wu, Albert shared that he used private money to invest in real estate for his first successful deal. He says there are 3 things to manage your reserves:
- Understand your financing portion
- Having a control of your mortgage, and
- Good construction management
On Thursday’s live Q&A session with Hoan Thai he shared one way to increase your rental income is by doing a rehab or improving the property. He said that he did this in one of his occupied rentals and added a washer and dryer. He was able to increase the rent to the average amount his tenant spent at laundromats. He also shared that it took him years to build his line of credits. He has a mix of credit both business and personal which he started when he was 18 which now helps him when investing in real estate.
To see our upcoming events, visit betterthansuccess.com/events.
10/04/21 • 5 min
Better Than Success Real Estate News Brief for Sep 27 2021
Better Than Success Real Estate News Briefing
09/27/21 • 5 min
Every week, the team at Better Than Success round up the biggest and most important news, policy changes, funding sources and investing opportunities for real estate investors and small business owners. It's the market information you need to know before pulling the trigger on your next or first investment.
Find each article mentioned in episode 17 below...
FHA loan limits in 2021: What borrowers need to know
Homebuilder sentiment improves for first time in three months after a big drop in lumber prices
https://www.cnbc.com/2021/09/20/homebuilder-sentiment-improves-after-big-drop-in-lumber-prices.html
Artificial intelligence is taking over real estate – here’s what that means for homebuyers
On Wednesday’s event, How To Invest in Commercial Multi-Family by Using Group Economics with Harold he shared insights on commercial investing. He shared that for a commercial property, the down payment is significantly higher than a residential property. Despite having experience, lenders want anywhere from 25% to 30% down. He also stated that if your commercial property is located near anything that’s environmentally unsafe like a gas station. You will need to have a phase report showing that there’s no soil contamination coming from the site next to your property.
On Thursday’s live Q&A session with Asia Denson she shared that if you're planning to buy land and build a property you will need to get approval from your city, this includes presenting your plan, stamped blueprints, how you’re going to pay for it and having an approved licensed contractor. As a contractor herself she shared that in order for you to get a GC license in Detroit, you have to complete 60 hours of education and pass a test. The total cost is around $1500 which includes taking the class, purchasing books, and paying for the licensing exam .
To see our upcoming events, visit betterthansuccess.com/events.
09/27/21 • 5 min
Better Than Success Real Estate News Brief for Nov 29, 2021
Better Than Success Real Estate News Briefing
11/29/21 • 4 min
Pandemic's Impact On Real Estate Around The World
https://nationalmortgageprofessional.com/news/pandemics-impact-real-estate-around-world
Here’s exactly what economists and analysts think will happen to mortgage interest rates in the coming year
The Infrastructure Bill Means Billions For Construction Projects. Now Who Is Going To Build Them
To see our upcoming events, visit betterthansuccess.com/events.
11/29/21 • 4 min
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FAQ
How many episodes does Better Than Success Real Estate News Briefing have?
Better Than Success Real Estate News Briefing currently has 54 episodes available.
What topics does Better Than Success Real Estate News Briefing cover?
The podcast is about News, Investing, Business News, Podcasts, Realestate and Business.
What is the most popular episode on Better Than Success Real Estate News Briefing?
The episode title 'Better Than Success Real Estate News Brief for Nov 22, 2021' is the most popular.
What is the average episode length on Better Than Success Real Estate News Briefing?
The average episode length on Better Than Success Real Estate News Briefing is 5 minutes.
How often are episodes of Better Than Success Real Estate News Briefing released?
Episodes of Better Than Success Real Estate News Briefing are typically released every 7 days.
When was the first episode of Better Than Success Real Estate News Briefing?
The first episode of Better Than Success Real Estate News Briefing was released on Feb 10, 2021.
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