Better Than Success Real Estate News Brief for July 12 2021
07/13/21 • 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 7 below...
1. Digital closings have spiked 228% since 2019
https://www.housingwire.com/articles/digital-closings-have-spiked-228-since-2019/
2. Airbnb Bonanza! Best Places To Buy a Vacation Rental and Cash In on the Post-Pandemic Travel Boom
3. Fraction of Covid-19 Rental Assistance Reaches Tenants and Landlords
4. Here are the highlights and takeaways from this week’s Mastermind “How to Succeed in Multi-family Investing” with Chris Wyche
- Chris shared his experience on zoning being changed after he purchased a property. He included steps you can take to avoid this.
- why BRRR is his favorite investing strategy and how he regrets selling a few units instead of holding on to them
5. On Thursday’s live Q&A session with Christina Barker
- Christina discussed issues she’s experienced with previous property managers.
- A strategy on how she uses bank promotional checks to assist with down payments for mortgages
- Establishing her partnership with another Better Than Success member and how they each complement one another’s strengths and weaknesses.
To see our upcoming events, visit betterthansuccess.com/events.
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 7 below...
1. Digital closings have spiked 228% since 2019
https://www.housingwire.com/articles/digital-closings-have-spiked-228-since-2019/
2. Airbnb Bonanza! Best Places To Buy a Vacation Rental and Cash In on the Post-Pandemic Travel Boom
3. Fraction of Covid-19 Rental Assistance Reaches Tenants and Landlords
4. Here are the highlights and takeaways from this week’s Mastermind “How to Succeed in Multi-family Investing” with Chris Wyche
- Chris shared his experience on zoning being changed after he purchased a property. He included steps you can take to avoid this.
- why BRRR is his favorite investing strategy and how he regrets selling a few units instead of holding on to them
5. On Thursday’s live Q&A session with Christina Barker
- Christina discussed issues she’s experienced with previous property managers.
- A strategy on how she uses bank promotional checks to assist with down payments for mortgages
- Establishing her partnership with another Better Than Success member and how they each complement one another’s strengths and weaknesses.
To see our upcoming events, visit betterthansuccess.com/events.
Previous Episode
Better Than Success Real Estate News Brief for July 6 2021
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 6 below...
- Philly Council limits development on growing Girard Avenue
https://whyy.org/articles/philly-council-limits-development-on-growing-girard-avenue/
- Why You Need To Know About ‘Pocket Listings’ in an Increasingly Competitive Real Estate Market
https://finance.yahoo.com/news/why-know-pocket-listings-increasingly-150047171.html
- Supersize Apartments Are Back in Demand
https://www.wsj.com/articles/supersize-apartments-are-back-in-demand-11624964401
- Here are the highlights and takeaways from this week’s Mastermind “How to Finance Your Real Estate with $0 Down” with Marcus Knuckley
-
- When it comes to financing, one thing that comes to mind is your credit score
- With good credit all things are possible.
- Having good credit means paying your bills on time and having low inquiries.
- Another factor that affects one's application for a loan is the “mix of credit”. Aside from the entry level credit card, having more than one type of credit account could give you a high chance of getting approved
- How COVID affected vacations rentals
- Opportunities because of COVID
- 6 Obstacles we face in raising capital
- On Thursday’s live Q&A session with Carrington Carter
To see our upcoming events, visit betterthansuccess.com/events.
Next Episode
Better Than Success Real Estate News Brief for July 19 2021
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 8 below...
1. Wells Fargo Closes Down All Personal Credit Lines: Impact on Investors
https://www.msn.com/en-us/money/realestate/wells-fargo-closes-down-all-personal-credit-lines-impact-on-investors/ar-AAM3Pqg
2. Why it really pays off to bring a structural engineer on board
https://www.realhomes.com/features/why-it-really-pays-off-to-bring-a-structural-engineer-on-board
3. Top Challenges And Opportunities For New Construction In 2021
4. Here are the highlights and takeaways from this week’s Mastermind “Steps to Sell Your Home for Top Dollar” w/ Becky and Raffaellina
- Staged homes on average spend half the amount of time on the market. They also sell for about 6 percent more.
- They discussed how virtual staging can help buyers visualize what can be potentially done to rooms and spaces in properties.
- They also shared why they avoid using a popular loan company due to repeated delays and while consumers may have a low interest rate they are being overcharged for other items in the mortgage loan.
5. On Thursday’s live Q&A session with Jamisa McIvor discussed
- Leveraging whole life insurance for real estate investing.
- Insight on how knowledge and not just money is part of creating and sustaining generational wealth.
- In addition to leaving behind money and or properties, leave behind a wealth of knowledge so they know what to do with the assets. Money can be taken from you, knowledge can’t.
To see our upcoming events, visit betterthansuccess.com/events.
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