ROI Wealth Watch

Most real estate markets across the country are remaining very stable even with the tremendous appreciation that has continued since 2010. Very overheated markets that took off like a rocket are seeing needed corrections like Austin, TX, Coral Gables, FL, with very minor corrections in a few other markets. Very few markets have buyers under water and more than half the mortgages in the U.S. are below 4%. This likely means that there will be less sales as people hate to let go of those low payments.

Turnkey or rent ready properties are almost always better for busy professionals, compare the Pro's and Con's:

Pro's
1. Don't take the risk on 10% interest rate loans that are the only funds available for distressed properties (outside of paying cash). If construction timelines go over by several months you can eat a huge portion of the equity you thought you were building.

2. Rehab is typically done by crews that work full time for the turn key provider and so they work at much more affordable rates than what you could get as an out of state buyer. Hopefully, this means that the market up the turn key provider is making is almost the same as if you had to manage a more expensive crew.

3. You don't have the hundreds of hours managing the rehab crew, checking for quality control and making sure the amount of work that you are paying for has actually been done.

4. Avoid the massive time commitments coordinating inspections and permits with city municipalities.

5. Avoid buying in bad neighborhoods by buying from someone who knows the market and only buys in areas that make good sense and are not high crime and low rental demand or are banned even by section 8 as being unsafe. (MAKE SURE the turn key provider owns properties in the area that they are selling to you. This makes sure they are not offloading their problem properties).

6. You may have tenants before closing or shortly after closing meaning you cash flow more quickly!

7. Most of the time turn key properties are renovated to cover most major systems so that you don't have major expenses soon. These expenses wrapped into the mortgage payment are much better than coming out of pocket two years later to replace a roof.

Disadvantages

1. You lose equity that might allow you to do the BRRRR method. Buy, renovate, rent, refinance, repeat.

2. You might be able to even have a better equity position if you could do the labor yourself.

3. If you deal with a shady operator they may pass off a D area as a B, so be very careful to verify crime rates, income levels, poverty levels, education levels and school quality to make sure that the property characteristics are what you are being told!

4. At times turnkey properties may not appraise for the purchase price. If this is because all plumbing, electrical, windows, hvac and the roof, flooring, bathrooms, paint, lighting, kitchens are all new and the comparable shape don't have all of that done this may be ok. Down the road you will have much less headache than the properties that really were not that comparable but were used in your appraisal anyway. If this is because the provider is making a huge profit and selling the property for more than it is worth, that's a problem.

This is so cool y'all! If you love living, or you love rentals, and you want that's supercharged and fun why not consider . We stayed in this one while attending the in and had a blast! (Now let's see if this old man's use of hash tags can make this go viral).

TINY HOMES as AirBnBs - Check out these CASH COWS!!! #TinyHomes #VacationRentals #CedarCity #AirBnB

Want to save for retirement in a way that avoids market volatility, allows you to save for down payments to build a large real estate portfolio and could build even a six figure tax advantaged income stream at retirement?

Episode 4: This is WAY BETTER than your 401K!!! (With guest, Trent Miles) Join the conversation with Jared Garfield, Daniel Ray, and expert Trent Miles as they delve into the world of stocks, stock-based investing, and 401Ks. Uncov...

Now it's important to buy rental properties, there is a major housing shortage and many people CAN'T QUALIFY for a median home at todays interest rates. So they have to rent! This pent up demand should keep rents steady and they may still GO UP! Choose to build wealth by owning property even if you can't buy your own home, or if you can't move up right now. In 20 years rents have gone up $1,000 a month, MORE than DOUBLING! They may do that in the next 20 years and you don't want to miss that wealth!

With over 10,000 listeners per month ROI Wealth Watch was climbing the charts, and it's now back by popular demand! Listen in each Tuesday live on your favorite podast chanel or catch it in our private Facebook group. If you appreciate the insights and help to help you watch your wealth grow, please subscribe, like, share and comment!

ROI Wealth Watch: We're back! Meet your hosts & discover where to buy 4-plexes for $35,000! Welcome back to our podcast, where we aim to guide both novice and seasoned investors through the fascinating world of investing! In this kick-off episode, we introduce ourselves and reveal our strategies for unearthing cash flowing deals in this challenging real estate market, including where to fi...

One of the highlights of my investment career was being a guest on The Real Estate Guys radio show. Robert Helms and Russell Gray are brilliant minds and really down to earth. I'm glad to consider them friends Understanding market cycles has helped me over my career so much. Timing is so important, and getting into the right markets at the right time has helped my investors a lot financially!

Mastering Market Trends to Find Late-Cycle Opportunities Is it too late in the cycle to find great real estate investment opportunities? With all the talk of bubbles and compressed cap rates, we visit with a multi-market investor who's finding plenty of deals ... even this deep into the cycle. Listen in and learn what to look for and how to know if a mark...

Rob has developed many subdivisions and partnered with me on hundreds of properties. Good advice here! Please subscribe to our YouTube Chanel for more great advice and podcasts!

Rob Fuller: Add Value to Your Investments [PART 1/3]

What's driving the exodus from major cities and the growth of big towns around $250,000? This is a great article on what's driving revitalization and housing appreciation in markets like Davenport, IA and South Bend, IN and hot spots like Tower Grove in St. Louis.

Welcome to Generic Town, USA — Business Insider How every American city became exactly the same Cities across America are undergoing big changes. The shift to remote work early in the pandemic allowed wealthy residents to ditch big cities in droves and set up shop in smaller cities and towns nearby. This mass reshuffling caused huge spikes and di...