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Better Than Success Real Estate News Brief for Nov 8, 2021
Manage episode 306681206 series 2878076
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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.
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