Tariffs And Historic Construction Costs
Monday, February 24
Housing construction costs are hitting historic highs and it's impacting your bottom line! Key Points Construction Costs Surge: Construction now makes up 64.4% of a home's sale price, up almost 4% since 2022. Meanwhile, the finished lot is only 13.7% of the price—a 4-point drop since last year. ...
Weekly Market Observations - February 19, 2025
Wednesday, February 19
Here’s Our Weekly Market Observations : Economy 🔼 Inflation spikes with January CPI above expectations up 0.5% MOM and 3% YOY 🔼 Wholesale prices above expectations with PPI up 0.4% MOM and 3.4% YOY 🔼 January jobs report lower than expected with 143k jobs added 🔽 Unemployment in January falls to ...
2 Must-Know Tips for Passive Investors
Monday, February 10
Passive real estate investors who don't want to lose money must understand two things before investing. 1. The Operator You've probably heard the phrase "jockey over the horse." In this case, the Operator is the jockey: the person or team responsible for the investment and executing the busin...
This Mistake Almost Cost Me $13k
Monday, February 03
When Jamie and I closed on our first flip, we were so pumped to get started we immediately started called a bunch of contractors for bids. One HVAC company quoted us $18,000 to replace the system! We thought that was crazy, so we called someone else who came in at $12,000. I thought "Great, I...
Weekly Market Observations - January 29, 2025
Wednesday, January 29
Here’s Our Weekly Market Observations : Economy ↓Inflation cools with December CPI coming in below expectations at 3.2% ↑December jobs report better than expected with 256k jobs added Housing Sales ↓ Home resales in 2024 drop to a near 30 year low ↑ December resales up 4.2% MOM and 9.3% YOY ↑Dec...
The Fastest Way To Go Broke In Real Estate
Tuesday, January 28
Flipping a house is the fastest way to go brokeas a real estate investor—unless you follow this one rule. Having flipped around 200 houses, I can tell you that the most critical factor you can’t change after purchase is the price you paid for the property. To make sure you have enough margin t...