EPISODE · Jun 8, 2020 · 50 MIN
296: Pandemic-Era Property, The Geography Of Real Estate
from Get Rich Education
College real estate is in deep trouble. Commercial leases of all types are in trouble because they often have 10-year terms. Who wants to make 10-year decisions today? Residential B and C-class SFHs up to four-plexes in the suburbs make a lot of sense today. We've had 33 recessions since 1860. They're common. Mortgage rates hit all-time lows again, forbearance loosens, and entry-level housing supply is tight. Fed Chair Jerome Powell says negative interest rates aren't being considered. He admits to printing money out of nothing (wow!) - and we listen to the audio. Redfin CEO Glenn Kelman tells us about urban-to-suburban migration. I discuss "The Geography of Real Estate", clearing up many misconceptions about U.S. geography. Learn: Why the West Coast is warmer than the East Coast, the geography of property taxes and credit scores, NYC geography & air rights, Mississippi River importance, sinking cities, Texas facts, Pacific NW's sparse population, California and Alaska myths. Trivia question: What is the world's most populated island? Resources mentioned: Mortgage Loans: RidgeLendingGroup.com QRPs: text "QRP" in ALL CAPS to 72000 or: eQRP.co By texting "QRP" to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply "STOP" to cancel. New Construction Turnkey Property: NewConstructionTurnkey.com Best Financial Education: GetRichEducation.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold
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296: Pandemic-Era Property, The Geography Of Real Estate
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