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I may have just found the perfect lot to build!

real estateThat’s right! For those of you that have been listening for a while, you know that my original plan was to build a new home specifically to beat the rising cost of buying existing or new homes and make it a great long term real estate investment. I had some very specific criteria and over the last couple of years, I have found exactly two lots that fit the bill. The first one sold within 48 hours of being listed (unheard of for lots) and the second has been on the market here for a couple of weeks. I looked at it today and it has me seriously circling around back to my Plan A!

We will also talk about updates relating to 1% down loans, interest rates, refinancing and how much home prices have gone up over the last year!

Todays Links:

  • https://www.housingwire.com/articles/41225-corelogic-home-prices-jump-67-annually-in-july
  • https://www.housingwire.com/articles/41233-mba-refinance-applications-now-make-up-half-of-all-mortgage-applications
  • https://www.housingwire.com/articles/41245-freddie-mac-mortgage-rates-hit-another-new-low
  • https://www.housingwire.com/articles/41235-uwm-1-down-mortgages-are-still-alive-and-well
  • http://austin.culturemap.com/news/real-estate/09-06-17-wallethub-best-worst-real-estate-markets/

 

HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show“. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word ‘rebelbroker’ to 44222 – or click the button below. When prompted, text your email address and you are in!

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Audible.com – Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening!

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Don’t forget to include the perfect offer letter in your next deal!

perfect offer letterThis is one of those items that so few real estate agents do. I make sure that for every offer I submit, it includes the perfect offer letter. Even if you write a less than impressive offer letter, you are going to be better off than the 99% of agents who never bother to send one along with their offer. I do miss the days when we submitted our offers in person. It gave you a chance to make a deeper connection with the sellers. Today, everyone just wants that PDF or DocuSign document. All that is great, but homes are not bought and sold by numbers alone! You might be stunned to discover how frequently deals are accepted or rejected based entirely on emotion. No matter what your situation is, you should include a cover letter with EVERY offer you make – even you investors!

Today, we will review 3 offer letters that are considered pretty good. Well, that might be ok for all the typical folks out there – but not for The RebelBroker! We are going to cover all three and point out where they can be improved. When we are done, you will have a whole new set of skills you can let lose on your next offer!

Todays Links:

  • https://www.housingwire.com/articles/41241-hey-home-shoppers-here-are-sample-cover-letters-to-win-a-bidding-war

HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show“. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word ‘rebelbroker’ to 44222 – or click the button below. When prompted, text your email address and you are in!

JOIN THE REBEL UNDERGROUND!


SPONSOR

Audible.com – Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening!

SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL!

The good folks at WalletHub share their best real estate markets of 2017 report!

best real estate markets of 2017I love the folks over at WalletHub! We never miss a chance to review their findings and this report is no different. We have made use of their reports many times in the past to try to find the next great real estate market. Perhaps we will find one in the mix as we review todays report from Wallethub that covers the best real estate markets of 2017!

Make sure to check these numbers out and see if there are any promising areas near you!

Todays Links:

  • https://wallethub.com/edu/best-real-estate-markets/14889/

HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show“. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word ‘rebelbroker’ to 44222 – or click the button below. When prompted, text your email address and you are in!

JOIN THE REBEL UNDERGROUND!


SPONSOR

Audible.com – Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening!

SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL!

After facing lots of challenges, my home sale preparations almost complete!

home saleIf you have been following along with me, you know that there have been some bumps in the road in my home sale preparations. Some of them have been completely out of my control and others, not so much. While I am not going to cover the lessons learned on this process – yet – I did want to give you all an update. Keep an eye out for photos of the completed work soon!

We are also going to take some time to review consumer confidence numbers, the latest housing demand stats and review current mortgage rates.

Todays Links:

  • https://www.redfin.com/blog/2017/09/redfin-housing-demand-index-dipped-in-july-as-inventory-shortage-deepened.html
  • http://www.calculatedriskblog.com/2017/09/construction-spending-decreased-in-july.html
  • http://rismedia.com/2017/09/02/consumer-confidence-keeps-improving/
  • Mortgage Rates

Those charts I mentioned!

HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show“. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word ‘rebelbroker’ to 44222 – or click the button below. When prompted, text your email address and you are in!

JOIN THE REBEL UNDERGROUND!


SPONSOR

Audible.com – Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening!

SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL!

Some tips on spotting the next blockbuster market!

gentrificationIt is one thing to be able to jump into a market after it has already started to gentrify. But wouldn’t you rather figure this out before the neighborhood takes off? Well, today we are going to talk about some great ways for buyers, investors and real estate entrepreneurs to spot that next amazing market before the rest of the world figures it out!

Of course, nothing is guaranteed, but with these more than 7 ways to spot a market that is about to turn, you are in a much better position to get into that market before it becomes the hottest thing around!

The show is now available on iHeartRadio (http://www.iheart.com/show/263-Real-Estate-Realities-With/)! If you you are a fan of iHeart – make sure to check it out! Just do a search on “real estate realities” and the show should come right up!

Please help the show by filling out the audience demographic survey (http://survey.libsyn.com/rebelbroker).

Click “Read More” below for links, and other info!

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