Podcasts about attom data

According to ATTOM Data's latest Q1 2024 Single-Family Rental Market report, average gross rental yields on three-bedroom single-family homes are projected to rise by 7.55% this year. As ever, though, the devil is in the regional details. While some markets are offering landlords great rental margins—over 10% in some areas—others offer lackluster and/or declining returns.  Let's dive a little deeper into which markets the report identifies as hot—and which ones should give investors pause, based on their projected 2024 performance. Learn more about your ad choices. Visit megaphone.fm/adchoices

Will we see home prices go any lower? Will we see a rise in foreclosures? When will mortgage rates come back down to earth? Is it best to keep a bunch of cash on the sidelines so we can scoop up all the good deals when we are hit by recession? Where does it make sense to buy rental property in this economy? In this episode, you'll hear from someone who can answer those questions and more to help you as an investor make better decisions during these uncertain times. Rick Sharga has more than 20 years of experience in the real estate and mortgage industries and is the Founder & CEO of market intelligence and advisory firm CJ Patrick Company. He has also served as the Executive Vice President of Market Intelligence for ATTOM Data, Carrington Mortgage Holdings, and RealtyTrac's Marketing Department, as well as Chief Marketing Officer for Ten-X and Auction.com. Over his long and distinguished career, he's become one of the most frequently quoted experts on real estate, mortgage and foreclosure trends. If you want to expand your real estate investing horizon, and would like a referral to one of our proven property teams in places like Texas, Florida, and the Carolinas, please hit the “Join for Free” button. Once you are a member, you will have access to our investment counselors, and trusted real estate professionals that can help you reach your investment goals. To find out more about our North Dallas Rental Fund, mentioned during this interview, please go to growdevelopments.com.  And please don't forget to subscribe to this podcast!  Thanks for listening! Kathy Fettke  

What's going on in housing? Are we in a bubble? Which way are prices trending? We have a little bit of everything today. We have some great questions from our listening audience and some news you can use. The year-end housing reports are hitting and I have the latest from Case-Schiller, HousingWire, and Attom Data. And I am going to talk a bit today about whether we are in a bubble. All this and more coming up on today's episode of Flipping America.

Today's Flashback Friday is from episodes 912 and 913 published last November 20 and 22, 2017 respectively. Jason Hartman kicks off today's episode with a look at Daren Blomquist's latest Housing Report and breaks it down piece by piece. He examines the data about a long-time low in housing starts, a construction worker shortage, and an investors lament. Then, Jason introduces his guest, and Meet the Masters headline speaker, former Senator Dr. Ron Paul. The two examine what liberty really means, what governments role actually is, the damage our educational system is doing to our society, and what should be done with the federal income tax.  The two finish up their talk by looking at why the government thinks they're the best option for many aspects in our lives, what would happen if the government got out of the way and prices reverted to normal (rather than the distorted view we're getting today), and why we shouldn't expect to see inflation curbed in the near future (or ever, more likely).   Key Takeaways: Jason's editorial: 3:50 Daren Blomquist, with ATTOM Data, has released his lastest Housing Report that examines the topic of bubble markets 8:16 The construction void: lowest home starts since 1964 13:16 The idea of a bubble warning 17:04 When Jason didn't buy mobile home parks, an investors lament 20:18 A huge labor shortage in the construction industry 22:05 Don't forget to make your 5 year plan Ron Paul Interview: 24:01 What is the meaning of liberty, according to Ron Paul? 28:50 How do you draw the line about what the government should be involved in? 32:20 Ron Paul's liberty amendment to end income tax 35:58 Progressive education has harmed our nation 38:26 What business is it of the government to involve themselves in so many aspects of our lives? 40:45 Many governmental programs have distorted markets like student loans and housing markets 44:17 Distorted prices and manipulating the currency and tax codes makes people worry about gaining the best tax advantage rather than getting the highest return or providing the most value 47:14 Inflation, from the government and central bank point of view, seems to be a great business plan   Websites: www.JasonHartman.com/Contest www.JasonHartman.com/Masters www.RonPaulLibertyReport.com   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com         Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

In this Real Estate News Brief for the week ending January 28th, 2023... what's happening with inflation, a new surge in foreclosures, and the affordability of renting versus buying.   Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.   Economic News   We begin with economic news from this past week. The latest report on the cost of goods and services shows that inflation is cooling off. The PCE index is the Federal Reserve's preferred measure of inflation and it shows a tiny .1% increase for December. That reduces the annual rate from 5.5% to 5%. When you eliminate the cost of food and gas, the monthly increase was .3% with an annual rate that's down from 4.7% to 4.4%. PCE stands for Personal Consumption Expenditures. (1)   We also have a new report on the GDP. The government reports that the Gross Domestic Product grew at a solid 2.9% in the fourth quarter of last year. That's after a reading of 3.2% in the third quarter, and two negative quarters in the beginning of 2022. Economists generally believe that we'll see slower economic growth in 2023 due to the Fed's rate hikes. The rate hikes are meant to slow the economy and help bring inflation back down to the 2% level. (2)   The National Association of Home Builders reported on the housing share of the GDP which is lower than normal due to the constrained housing market conditions. The NAHB explains the two housing market components that contribute to the GDP as the residential fixed investment or RFI which includes home building and remodeling. The second component covers housing services like rent, utilities, and the cost that owners would have to pay to rent their own homes. For the fourth quarter the RFI was 4% of the economy while housing services accounted for 11.9%. That's a total of 15.9% of the GDP. Historically, the total is 17 or 18% of the GDP with an average of 5% for the RFI and 12 to 13% for housing services. (3)   Weekly jobless claims are down again, to their lowest level since April. Weekly initial claims dropped another 6,000 to a total of 186,000. Ongoing claims were up 20,000 to a total of 1.68 million. Several companies have announced layoffs but that hasn't had an obvious impact yet on jobless claims. (4)   New home sales were slightly higher in December. The Commerce Department says they were up 2.3% to a seasonally-adjusted annual rate of 616,000. Year-over-year, they are down 26.6%. That hit a peak of 1.04 million in August of 2020. (5)    Mortgage Rates   Mortgage rates were down a little more last week. Freddie Mac says the average 30-year fixed rate mortgage was down 2 basis points to 6.13%. 15 year loans were down 11 points to 5.17%. (6)   In other news making headlines...   Foreclosure Rate Doubles   Foreclosure rates are rising once again, but have not returned to pre-pandemic levels. ATTOM Data says they more than doubled in 2022 compared to 2021, with a 115% increase. In 2022, there were foreclosure filings on .23% of all housing units. In 2021, foreclosure filings accounted for just .11% Back in 2019, before the pandemic, they accounted for .36% of all properties. (7)   ATTOM's Rick Sharga says: “Government and mortgage industry efforts during the pandemic, coupled with a strong economy, have helped prevent millions of unnecessary foreclosures.”   States with the highest number of foreclosure starts last year include California, Texas, Florida, Illinois, and Ohio. Foreclosures hit a peak at the height of the housing crisis in 2009 and 2010. Back then, almost 2-and-a-quarter percent of all homes went into foreclosure.   Renting Now Cheaper than Owning in Most Areas   Research from ATTOM Data also shows that renting is now more affordable than owning in 95% of the places where most people live. That's a complete reversal from last year when it was more affordable to own your own home in 60% of the markets that were analyzed. (8)   Rick Sharga commented on the change in affordability saying “What a difference a year makes.” The study was based on the average three-bedroom rent compared to owning a similar sized home.   The only place where it was more affordable to buy than to rent was in Cook County near Chicago. Homeowners in that area typically pay 40% of their paycheck for housing while renters pay 38%.   If you'd like to learn more about investing in today's rental housing market, check out our virtual live event on February 11th. It's an all-day event featuring ten property teams in 11 markets and one commercial broker. You can find out more by joining RealWealth for free at newsforinvestors.com and registering for the event. If you miss it, we will have some of the sessions available on the RealWealth website for a replay. But if you want to see all of it, you'll need to attend.   That's it for today. Check the show notes for links. And please remember to hit the subscribe button, and leave a review!   Thanks for listening. I'm Kathy Fettke.   Links:   1 - https://www.marketwatch.com/story/u-s-inflation-rate-slows-again-to-15-month-low-pce-shows-11674826498?mod=economy-politics   2 - https://www.marketwatch.com/livecoverage/stock-market-today-nasdaq-set-to-lead-after-tesla-results-impress/card/u-s-gdp-grew-faster-than-expected-in-final-quarter-of-2023-but-don-t-expect-a-repeat-SXstKUC8fTFH4HHAkr3h   3 - https://eyeonhousing.org/2023/01/housing-share-of-gdp-lower-in-the-fourth-quarter-of-2022/   4 - https://www.marketwatch.com/story/u-s-weekly-jobless-claims-fall-to-lowest-level-since-april-11674740614?mod=economy-politics   5 - https://www.marketwatch.com/story/u-s-weekly-jobless-claims-fall-to-lowest-level-since-april-11674740614?mod=economy-politics   6 - https://www.freddiemac.com/pmms   7 - https://www.attomdata.com/news/market-trends/foreclosures/attom-year-end-2022-u-s-foreclosure-market-report/   8 - https://www.scotsmanguide.com/browse/content/where-most-people-live-renting-is-now-more-affordable-than-owning

It's 9 days till the life-changing Empowered Investor Live summit happening on January 27 to 29 at Scottsdale, Arizona! Empower your life by joining a community of investors and third party vendors together with Jason's own investment counselors who are passionate about your investing success! So start the year right! Go to EmpoweredInvestor.com/live and get your tickets TODAY! 18 to 29 year olds living with their parent/s! What does that mean? There is still demand for rental housing! But this demand will decline in about 20 years. That's a word of caution from Jason. But for now, you are going to make a fortune with your income properties! Here is part 2 of Jason's chat with Rick Sharga of ATTOM DATA. Know the facts and data that will serve as an indicator of trends  in the single-family housing investment space across different markets. Note: This interview was done last December 2022. Key Takeaways: Jason's editorial 1:59 Shadow inventory, shadow demand, 18 to 29 year olds living with their parent/s 5:37 What this means as investors 7:35 A word of caution: there will be a decline in housing demand- in about 20 years 9:40 Get your tickets to the EMPOWERED INVESTOR LIVE summit today!  10:28 Join Jason on a cruise on March 4 to 9! Mix a little business with pleasure! Go to EmpoweredInvestor.com/cruise now! Rick Sharga interview part 2 12:09 Chart: Mortgage rates still near 20 year high 12:52 Chart: October marks 13 consecutive months of lower existing home sales 13:30 Chart: New Home sales down 14% from 2022  14:36 Chart: Builder sentiment, housing starts declining rapidly 16:39 Chart: Very low new supply (Altos Research) 17:10 Chart: Inventory outlook for 2023 17:29 Chart: Price reductions have peaked (Altos Research) 19:57 Chart: Pendings dramatically lower 20:23 Chart: Purchase loan apps off 41% 24:19 Chart: Prices in western markets are declining 25:49 Chart: Further declines are expected in many - not all - markets (Zillow) 29:31 Chart: But homeowners still have record equity 30:16 Chart: Delinquencies below pre-pandemic levels 35:26 Chart: Foreclosures starts approaching pre-pandemic levels 37:44 Chart: But REO activity still well below normal   Quotables: "93% of the people in foreclosure have positive equity." - Jason Hartman "Our data shows that about 6% of homeowners nationally are underwater on their loans. There's half a percent of homeowners who are in foreclosure." Rick Sharga Mentioned: Altos Research   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Happy New Year and welcome to 2023! It's time to turn the page on 2022 and look for new real estate investing opportunities! And we have ATTOM's Rick Sharga to help us do that! He joins me in this interview to talk about his data-based opinions on what the real estate market might do this year. That includes specific markets that are more likely to outperform or underperform other markets, along with the strengths and weaknesses of different asset classes.   If you don't know Rick, you should. He has more than 20 years' of experience in the real estate and mortgage industries and is currently the Executive Vice President of Market Intelligence for real estate data firm, ATTOM Data. He is also one of the most frequently quoted experts on real estate, mortgage, and foreclosure trends by major media outlets.   Rick has also served as Executive Vice President at RealtyTrac, as an EVP for Carrington Mortgage Holdings and Chief Marketing Officer of the company's Vylla business unit, and as the Chief Marketing Officer of Ten-X and Auction.com. If you'd like to hear more about what happened in 2022, check out my 2022 year-end review with Rick Sharga.  We discuss the ups and downs of last year's market, and what we think is important for investors to know about 2023. Join RealWealth and enjoy all the benefits of membership at: https://tinyurl.com/joinrealwealth Subscribe to the Real Wealth Show podcast:  https://tinyurl.com/RWSsubscribe  Thanks for listening! Kathy Fettke

This is a crosspost episode from the Housing News Podcast, hosted by Clayton Collins. This week,  Clayton is coming to your feed live from the Blueprint proptech and real estate conference in sunny Las Vegas, Nevada. He had the opportunity to sit down in person and talk to Rick Sharga, the Executive Vice President at ATTOM, and Nate Smoyer, the Head of Marketing at Obie as well as the host of the Tech Nest Podcast.The three of them talk about what they learned and took away from the Blueprint conference, and how the market is impacting the decisions being made by prop-tech, mortgage tech, and real estate companies.The Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire's news desk. Hosted by Clayton Collins and produced by the HW Media team.Check out the Housing News podcast at https://www.housingwire.com/podcastFollow and connect with this week's guests: Follow Housing Wire on Twitter Follow Housing Wire on LinkedIn Follow Clayton on Twitter Connect with Clayton on LinkedIn Follow ATTOM on Twitter Follow ATTOM on LinkedIn Follow Rick on Twitter Connect with Rick on LinkedIn

Kegan Greene is a Managing Director and Head of Insurance Technology investment banking at Jefferies, a multinational investment bank that provides M&A transaction support including capital markets and financial advisory services, institutional brokerage, securities research, and asset management. Kegan works with later-stage insurtechs, Series B, C or beyond who are leaving the initial VC-raise stage and can start yo consider other options such as private equity. This content is great competitive intelligence for earlier-stage insurtechs who may themselves become acquisition targets and need to understand the market dynamics at play. Kegan is observing companies who are raising bridge alternatives to equity by using convertible debt or other instruments to provide growth capital without over-focusing on the valuation-dilution aspects of the raise.   Kegan sees momentum towards increased consolidation of policy administration software providers, and is excited to see what he calls, "Companies that are solving problems for the first time in insurance." Founders are bringing deep industry experience and are trying to solve a problem that has plagued them for years, truly understand the problem they're solving and have the vision to create on a greenfield.  Prior to joining Jefferies, Kegan's notable M&A transactions included the sales of HazardHub to Guidewire, Advisen to Zywave, QuoteWizard to LendingTree, ATTOM Data to Lovell Minnick, Real Capital Markets to Lightbox, Worley to Aquiline, and Wealth Enhancement Group to Lightyear. Follow the Insurtech Leadership Podcast airing weekly hosted by Joshua R. Hollander. We give you up-close access and personal insights from the leaders of the fastest-growing #insurtechs and most innovative #insurance carriers and brokers.

I've seen the 2021 House Flipping Report and some of you should be terrified. I'll tell you why on this episode of Flipping America. It looks like we are going to finish 2021 with about 350,000 homes flipped nationwide. How does this compare to 2020? And what does 2022 look like? We will get into that today on the show. We won't know the actual numbers until about March of 22, but based on what I've seen so far, it looks like we are flipping about 80-90,000 homes per quarter across the country. That volume is down a bit from 2020, but we are holding steady at about 5% of all homes sold. Here's something important - gross profits are down. According to Attom Data, gross profits this year averaged about $69,000 per property, which is just slightly less than last year, but this is the important part, the average ROI is down to 33% - down from 40% last year. In a few minutes I'll break down this data, talk about why this is happening and suggest what you might do about it.

I've seen the 2021 House Flipping Report and some of you should be terrified. I'll tell you why on this episode of Flipping America. It looks like we are going to finish 2021 with about 350,000 homes flipped nationwide. How does this compare to 2020? And what does 2022 look like? We will get into that today on the show. We won't know the actual numbers until about March of 22, but based on what I've seen so far, it looks like we are flipping about 80-90,000 homes per quarter across the country. That volume is down a bit from 2020, but we are holding steady at about 5% of all homes sold. Here's something important - gross profits are down. According to Attom Data, gross profits this year averaged about $69,000 per property, which is just slightly less than last year, but this is the important part, the average ROI is down to 33% - down from 40% last year. In a few minutes I'll break down this data, talk about why this is happening and suggest what you might do about it.

SetSchedule CEO Roy Dekel sits down with Attom Data’s Chief Product & Technology Officer Todd Teta to unpack the effects of the COVID pandemic on the 2020 housing market. They also discuss market forecasts for 2021. Additionally, they examine the relationship between data companies and the general public in the age of Big Tech.

I've coined the phrase "Zoom Boom" to characterize some of the things I see in the near and mid-term future for real estate. No it’s not a baby boom. It’s a real estate boom and a bit of a bust in some sectors. It all has to do with the trend toward working from home. In a moment I’ll explain what I mean.  I'll provide the key market indicators we constantly monitor. Are the “sky is falling” click bait specialists on YouTube declaring a looming real estate disaster right? (Spoiler alert: NO).  What are the market indicators every investor should be watching? How do we know a good opportunity when we see one? Later in the show Logan Mohtashami is joining us to discuss his take on the “Bubble Boys” of YouTube. Just wait - that’s not the worst thing he calls them!  How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page! Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 877-55-ROGER (877-557-6437)   ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com The Flipping America Buyers Club bit.ly/flippingamericabuyersclub Announcements: We’re kicking off a new round of coaching in January. In six months I will tell you everything you need to know about real estate and real estate investing to set you on the path to financial freedom and generational wealth. My coaching program starts with a one-on-one interview with you and based on the person you are and your life situation, we develop and agree on a real estate strategy that fits you. You then have access to a series of online training courses to provide content and context. And nearly every Wednesday evening there is a group coaching call. Whether you want to own income properties, flip houses, or invest passively, we have a proven plan that’s right for you. Go to bit.ly/sixmonthcoaching and sign up today.  News:  https://www.attomdata.com/news/market-trends/figuresfriday/top-10-flipped-zips-in-q3-2020/ https://www.corelogic.com/blog/2020/12/u.s.-case-shiller-home-price-index-closes-2020-with-a-bang.aspx Topic: Housing Markets 2021 A fine compendium of opinions from leading real estate professionals.  https://www.forbes.com/sites/brendarichardson/2020/12/16/experts-predict-what-the-housing-market-will-be-like-in-2021/?sh=14081a0b36dc Norada thinks we real estate will stay hot.  https://www.noradarealestate.com/blog/housing-market-predictions/ Here’s some love and predictions for Massashusetts, https://realestate.boston.com/buying/2020/12/22/experts-predictions-us-mass-housing-2021/ Pay attention to these trends. Well done Motley fool.  https://www.fool.com/mortgages/2020/12/22/3-housing-market-trends-to-watch-in-2021/ More optimism for the housing markets in 2021 but perhaps a little overstated.  https://www.mansionglobal.com/articles/2021-will-likely-see-the-most-robust-housing-market-in-15-years-222039 Homeowners - YEAH. Renters - 2021 might be a struggle. Landlords too.  https://realestate.usnews.com/real-estate/articles/what-to-expect-from-the-housing-market-in-2021 A LONG but thorough review of the housing data for 2020. https://www.michaelgersitz.com/us-housing-market-forecast-2020-2021-will-it-crash-or-recover/ Realtor magazine weighs in on the 2021 market. https://www.realtor.com/research/2021-national-housing-forecast/ https://www.zillow.com/research/zillow-2021-housing-predictions-28516/ Private enterprise will always do a better job, be more innovative, and will ultimately serve the consumer better than the government.  https://www.thecgo.org/research/a-primer-on-housing-finance-reform/?utm_term=housing%20market%20crash&utm_campaign=NA_GG_S_CGO&utm_source=adwords&utm_medium=ppc&hsa_acc=5827172578&hsa_cam=10168821513&hsa_grp=104448528209&hsa_ad=438449824760&hsa_src=g&hsa_tgt=kwd-428192013546&hsa_kw=housing%20market%20crash&hsa_mt=b&hsa_net=adwords&hsa_ver=3&gclid=Cj0KCQiAlsv_BRDtARIsAHMGVSYMgXp86xQH3Y80urDOeaUt9HJKAsmVqcyGYbhdj7VsOWt671HLQ5MaAt3ZEALw_wcB Housing Wire’s take on the 2021 real estate market.  https://www.housingwire.com/articles/housing-market-outlook-for-2021and-beyond/ From Logan Motashami at HousingWire https://www.housingwire.com/articles/what-to-expect-from-the-2021-housing-market/ My conclusions: Sales increases will be modest due to the continuing lack of inventory. I do not believe we will sell 6 million homes in 2021 (sorry Logan). I believe it will be more like 5 million - in other words, relatively flat.  Prices will continue to press upward faster than inflation across all markets. The coastal markets will regain their 2019 losses and will see a 3-4% rise. Other large metro areas like Atlanta, Dallas and Denver will see price increases in the metro suburban areas in the 7-10% range. This will offset a flattening of in-city prices. More on that in a moment. The national year over year increase I am forecasting for 2021 is 7%. This is due primarily to the same factors that have pushed it along for the past 2 years. Historically low interest rates, low inventory, insufficient new home starts.  Under a new federal administration, we will continue deferments on mortgages and restrictions on evictions. This will create previously unimaginable burdens on landlords. 2021 is NOT a good time to be a landlord with a mortgage.  Any price roll-backs in lumber - if and when canadian tariffs are eliminated will be offset by the promised increase in regulatory oversight and builders are facing the prospect of being forced to build low-income housing in current upscale areas.  With confirmation of the Democrats in control of all the branches of the federal government I can only assume they meant what they said when running. That means personal and corporate tax increases within the first few months. I believe this will create a slow-down in the economy as a whole and will contribute to the slowing of the real estate market in the second half of the year as foreshadowed by Todd Teta at Attom Data.  The real estate market will be UP in 2020, but i see it flattening by second quarter of 2021. One of the biggest short-term impacts of the pandemic of 2020 is something I’m going to call the Zoom Boom. As workers have needed to work from home, many have discovered they don’t need to ever be in the office and plan on never returning. This has led to a growing flight to the suburbs, which will result in some upward price pressure there and downward prices in the cities. If you want to speculate on city office space or city condos, 2021 will be a good time to do it. Some of the Zoom Boom effects will be felt in faraway places as well - ski towns, beach towns - places that were formerly primarily vacation spots will find a new group of permanent residents in 2021. I believe this is a relatively short-lived change and within 2 years, 75% of those people will be back in the cities going to the office as before. In years past productivity studies of work from home people have consistently shown a drop off in performance and productivity. HOWEVER and this is a big change - today’s technology and the improvements in the ability to stream live meetings has opened up the possibility that these changes could be permanent. Even so, I think that people are wired to want to be around people - and yes that even includes co-workers. So I think the Zoom Boom is a two year thing.  What does all of this mean?  2021 will be like every other year I’ve been in this business in 1 regard: If you buy a property cheaply enough, you can make money with it. Never pay retail. You never have to. Someone somewhere is in enough distress to sell at a deep discount. This is your number one risk mitigation strategy.  21 will be a great year to flip and therefore a decent year for wholesaling. Location will almost not matter (but do make sure you are still 45 days or less average on-market time). 21 will be a challenging year to be a landlord. The only reasonable residential rental investments will be commercial multi-family. Only 75% of tenants are now paying their rent on time, but in an apartment building that’s enough to stay afloat. I do not plan to buy or invest in single family rentals in 21. I DO plan to buy BOR houses - as many as I can.  The first 6-8 months of 21 are the time to make hay while the sun is still shining. 22 is going to look a little different.  2021 is a good year to buy distressed or REO office space. But you need to have enough cash reserves to hold for 2-3 years before it becomes profitable.  When the corporate tax rates are officially raised, you will see another exodus of corporations and capital, including manufacturing jobs from the US. I am not planning to invest in this sector for the next two years at least.  End of 2021 and into 2022, you will see an increase in foreclosures and perhaps a spike in evictions. This will create opportunities then for people who have cash on hand. Pursue all great deals now - don’t be caught empty-handed a year from now.  Motivational Quote: “A Lawyer can help you go broke legally. An Accountant can help you go broke accurately. An architect can help you go broke beautifully. Only you can prevent you from going broke.”  -John Smithgall.    

Future of Real Estate Data is Now in Real Time (LA 1352) Transcript: Steven Butala: Steve and Jill here. Jill DeWit: Hello. Steven Butala: Welcome to the Land Academy show, entertaining land investment talk. I'm Steven Jack Butala. Jill DeWit: And I'm Jill DeWit broadcasting from sunny Southern California. Steven Butala: Today, Jill and I talk about the future, how the future of real estate data is now and it's in real time. One of the roles that I've assigned my myself in life and in this partnership that Jill and I have is to be ahead of the game when it comes to technology and real estate. So I always kind of know what's coming up before it actually is released so we can take advantage of it and I obviously can share it with the Land Academy group and on the show and the whole thing. So I've been taking a lot of, during these COVID times, a lot of webinars, both paid and free, continuing education type webinars about real estate data. And so we're fortunate enough to have companies like CoreLogic, Black Knight and a couple other companies out there like ATTOM Data. There's about five of them that consistently hold webinars that explain their products. And so I've been listening and watching these webinars and they're always held by these young geniuses. These kids are just amazingly intelligent and they explain their new products. So that's what this whole show is about. I can see how this is going to go and how it's going to go for us as land investors, which we will obviously share as it comes up with the Land Academy community. That's what it's all about. Jill DeWit: It's funny how much we both consume of webinars. I love them. So, and it's funny, my webinars, there's a lot that we do together. And then there's webinars that we each go off on our own separate way and get to be really proficient in. And that's what this is all about. I love it. It's good. There's a lot of good content out there. Steven Butala: Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free. Jill DeWit: Ian wrote, I want to buy a primary residence in San Antonio. I usually buy homes, retail through a realtor, but I figured I would get the direct mail route a shot. What's the best way to send out a mailer to neighborhoods I'm interested in? I have ParcelFact, but I know Jill has talked about how NeighborScoop has a polygon function that I believe she said, we'll put the ownership data into an Excel file. Should I use that method? I love it. Steven Butala: So I'm going to pose this question to you because I just want to see what the answer is. I know what the answer is, but if you want to buy a primary residence, let's just use that example. I think Ian's a house flipper. I know he is, but if you want to buy a primary residence and you want to send a mailer out, how would you do it, aside from just asking me to do it? Jill DeWit: You know what? It depends on if I really have my heart set on a geographic area. Steven Butala: Keep going, this is what I want. This is a great thought process. Jill DeWit: Right. Steven Butala: Go ahead. Jill DeWit: Or if I have my heart set on a school district kind of thing. So is it really the block and I like the subdivision? If it's that detailed, I want waterfront in this subdivision, I want to be near the tennis courts. Who knows what it is that the community provides? Steven Butala: Maybe it's on the water. You only want waterfront property? Jill DeWit: I'm going to use the polygon thing because I don't want to send offers to any homes outside the geographic area. And then I could easily draw a polygon, like Ian says, download all the data. It gives me, the beautiful thing about NeighborScoop, it gives me every last thing, all the property details plus the phone number. I mean, that's just priceless. Steven Butala: The owner's phone number? Jill DeWit: The owner's phone number. I love it. So that's what I do.

Future of Real Estate Data is Now in Real Time (LA 1352) Transcript: Steven Butala: Steve and Jill here. Jill DeWit: Hello. Steven Butala: Welcome to the Land Academy show, entertaining land investment talk. I'm Steven Jack Butala. Jill DeWit: And I'm Jill DeWit broadcasting from sunny Southern California. Steven Butala: Today, Jill and I talk about the future, how the future of real estate data is now and it's in real time. One of the roles that I've assigned my myself in life and in this partnership that Jill and I have is to be ahead of the game when it comes to technology and real estate. So I always kind of know what's coming up before it actually is released so we can take advantage of it and I obviously can share it with the Land Academy group and on the show and the whole thing. So I've been taking a lot of, during these COVID times, a lot of webinars, both paid and free, continuing education type webinars about real estate data. And so we're fortunate enough to have companies like CoreLogic, Black Knight and a couple other companies out there like ATTOM Data. There's about five of them that consistently hold webinars that explain their products. And so I've been listening and watching these webinars and they're always held by these young geniuses. These kids are just amazingly intelligent and they explain their new products. So that's what this whole show is about. I can see how this is going to go and how it's going to go for us as land investors, which we will obviously share as it comes up with the Land Academy community. That's what it's all about. Jill DeWit: It's funny how much we both consume of webinars. I love them. So, and it's funny, my webinars, there's a lot that we do together. And then there's webinars that we each go off on our own separate way and get to be really proficient in. And that's what this is all about. I love it. It's good. There's a lot of good content out there. Steven Butala: Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free. Jill DeWit: Ian wrote, I want to buy a primary residence in San Antonio. I usually buy homes, retail through a realtor, but I figured I would get the direct mail route a shot. What's the best way to send out a mailer to neighborhoods I'm interested in? I have ParcelFact, but I know Jill has talked about how NeighborScoop has a polygon function that I believe she said, we'll put the ownership data into an Excel file. Should I use that method? I love it. Steven Butala: So I'm going to pose this question to you because I just want to see what the answer is. I know what the answer is, but if you want to buy a primary residence, let's just use that example. I think Ian's a house flipper. I know he is, but if you want to buy a primary residence and you want to send a mailer out, how would you do it, aside from just asking me to do it? Jill DeWit: You know what? It depends on if I really have my heart set on a geographic area. Steven Butala: Keep going, this is what I want. This is a great thought process. Jill DeWit: Right. Steven Butala: Go ahead. Jill DeWit: Or if I have my heart set on a school district kind of thing. So is it really the block and I like the subdivision? If it's that detailed, I want waterfront in this subdivision, I want to be near the tennis courts. Who knows what it is that the community provides? Steven Butala: Maybe it's on the water. You only want waterfront property? Jill DeWit: I'm going to use the polygon thing because I don't want to send offers to any homes outside the geographic area. And then I could easily draw a polygon, like Ian says, download all the data. It gives me, the beautiful thing about NeighborScoop, it gives me every last thing, all the property details plus the phone number. I mean, that's just priceless. Steven Butala: The owner's phone number? Jill DeWit: The owner's phone number. I love it. So that's what I do.

Todd Teta entertains the question, "how do we go from what we would've expected, to what might happen due to the impact of COVID-19?" Teta, a Chief Product and Technology Officer for ATTOM Data, talks with Jason Hartman about several ranging metrics with real estate and explains the importance of these numbers. Will this contribute to a rise in foreclosures? Key Takeaways: [2:45] What's the price of the home vs. what's the cost of the home? We're talking about the price-tag vs. the mortgage.  [6:30] Where does ATTOM get their data? [8:20] What was the level of risk in March 2020 going into each market? [9:20] "406/3,007 counties comprise north of 990% of all US real estate transactions." [14:40] Foreclosures so far have been a non-issue, but we do expect this to tick up.  [21:20] We are now looking back at the Great Recession, as not to repeat it.  [24:20] Anecdotal evidence of people searching for suburban homes is popping up—searches like walking trails, parks, neighborhood restaurants, etc.  [30:30] If foreclosures double, what will happen with home prices? [35:30] Is purchase activity well below average due to supply or demand? Websites: ATTOMdata.com PandemicInvesting.com JasonHartman.com/Ask JasonHartman.com/Start JasonHartman.com/Recordings JasonHartman.com/Asset JasonHartman.com/Webinar JasonHartman.com JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN

Jason Hartman kicks off today's episode with a look at Daren Blomquist's latest Housing Report and breaks it down piece by piece. He examines the data about a long-time low in housing starts, a construction worker shortage, and an investors lament. Then, Jason introduces his guest, and Meet the Masters headline speaker, former Senator Dr. Ron Paul. The two examine what liberty means, what government's role is, the damage our educational system is doing to our society, and what should be done with the federal income tax. Part 2 of Dr. Ron Paul's interview will be aired on Wednesday. Key Takeaways: Jason Monologue: [3:50] Daren Blomquist, with ATTOM Data, has released his latest Housing Report that examines the topic of bubble markets [8:16] The construction void: lowest home starts since 1964 [13:16] The idea of a bubble warning [17:04] When Jason didn't buy mobile home parks, an investors lament [20:18] A huge labor shortage in the construction industry [22:05] Don't forget to make your 5 year plan Ron Paul Interview: [24:01] What is the meaning of liberty, according to Ron Paul? [28:50] How do you draw the line about what the government should be involved in? [32:20] Ron Paul's liberty amendment to end income tax [35:58] Progressive education has harmed our nation Websites: www.JasonHartman.com/Contest www.JasonHartman.com/Masters www.RonPaulLibertyReport.com

What's going on in housing? Are we in a bubble? Which way are prices trending? We have a little bit of everything today. We have some great questions from our listening audience and some news you can use. The year-end housing reports are hitting and I have the latest from Case-Schiller, HousingWire, and Attom Data. And I am going to talk a bit today about whether we are in a bubble. All this and more coming up on today’s episode of Flipping America.

There are a number of websites you can visit to get community information when doing your research on a property. We will review 18 of them. them today coming up. Plus we are going to talk a bit about student loan debt. As a free service I’ll be sharing with you the ONE big tip to reduce or eliminate student loan debt. During this discussion I also share the best way to make money if you do not have a degree and the best way to make a lot of money if you do. Also in the news today is Rent Control. I’m likely to get on a little rant about this because rent control is not just a bad idea - it’s an evil scourge. The politicians who push for it have to either be complete morons or complicit in the evil scheme to damage or destroy urban life. And yeah, I might quit beating around the bush and tell you how I really feel about it.  In fact, I think we should schedule a show on rent controls. I’ll put that on the list.   How to contact us www.RogerBlankenship.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Sponsors American IRA: www.americanIRA.com Civic Financial: bit.ly/CivicFunding Announcements: Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is here! Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy.  Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.   News: Weekly mortgage demand is flat as interest rates hit the highest level in 3 months https://www.cnbc.com/2019/10/30/weekly-mortgage-demand-flat.html Rent control will kill multifamily real estate https://www.nationalmortgagenews.com/opinion/rent-control-will-kill-multifamily-real-estate Here Are The Countries On The Brink Of Recession Going Into 2020 https://www.forbes.com/sites/sergeiklebnikov/2019/10/28/here-are-the-countries-on-the-brink-of-recession-going-into-2020/#2c81edbb3017 How Real Estate Can Replace Student Debt With A Promising Post-Grad Position https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/28/how-real-estate-can-replace-student-debt-with-a-promising-post-grad-position/#62a3daca205c RE Tech Review: Steps in DD C.L.U.E report - past insurance claims. Inquire about insurance (higher than normal rates = prior claim history) Run a Report, homedisclosure.com may be the best. Trulia is pretty good.  Consumer businesses owned by ATTOM Data, got bought by Renovo in 2011 and changed name to ATTOM Data ATTOM sold in July 2019 to Lovell Minnick, a Private Equity firm  Realtytrac.com https://www.realtytrac.com/ https://fitsmallbusiness.com/realtytrac-reviews-pricing/ https://www.yelp.com/biz/realtytrac-irvine https://www.consumeraffairs.com/housing/realtytrac.html?page=2#sort=recent&filter=none Really consistently terrible reviews. Could be reason for the name change?  Homefacts.com bought by ATTOM Data in 2012 Provides interesting information about the home and the area. Crime and school information useful. Other items as well. Homedisclosure.com - Launched by RealtyTrac in 2016 You have to create a free account. Then you get all the same information as homefacts.com but in a more modern, appealing format. This one is truly useful.  More Property research sites https://www.neighborhoodscout.com/search/location/2343996 https://spotcrime.com/ https://www.nso  pw.gov/Error?aspxerrorpath=/en-US/Registry https://www.crimereports.com/?kbid=62548 https://www.mylocalcrime.com/?kbid=62548?kbid=62548 https://www.crimemapping.com/?kbid=62548 https://www.homesnap.com/ http://www.homegain.com/ https://www.areavibes.com/ http://www.greatschools.org/ https://www.streetadvisor.com/ http://www.realestateabc.com/index2.php https://www.homefair.com/real-estate/city-profile/ https://www.bestplaces.net/ https://www.safewise.com/ http://www.city-data.com/ https://www.walkscore.com/ Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message!  Motivational Thoughts for the day   “What’s the point of being alive if you don’t at least TRY something remarkable.” --Anonymous  

Today's Flash Back Friday comes from Episode 912, originally published in November 2017. Jason Hartman kicks off today's episode with a look at Daren Blomquist's latest Housing Report and breaks it down piece by piece. He examines the data about a long-time low in housing starts, a construction worker shortage, and an investors lament. Then, Jason introduces his guest, and Meet the Masters headline speaker, former Senator Dr. Ron Paul. The two examine what liberty really means, what governments role actually is, the damage our educational system is doing to our society, and what should be done with the federal income tax. Part 2 of Dr. Ron Paul's interview will be aired on Wednesday. Key Takeaways: [3:50] Daren Blomquist, with ATTOM Data, has released his lastest Housing Report that examines the topic of bubble markets [8:16] The construction void: lowest home starts since 1964 [13:16] The idea of a bubble warning [17:04] When Jason didn't buy mobile home parks, an investors lament [20:18] A huge labor shortage in the construction industry [22:05] Don't forget to make your 5 year plan Ron Paul Interview: [24:01] What is the meaning of liberty, according to Ron Paul? [28:50] How do you draw the line about what the government should be involved in? [32:20] Ron Paul's liberty amendment to end income tax [35:58] Progressive education has harmed our nation Websites: www.RonPaulLibertyReport.com

Today's Flash Back Friday comes from Episode 912, originally published in November 2017. Jason Hartman kicks off today's episode with a look at Daren Blomquist's latest Housing Report and breaks it down piece by piece. He examines the data about a long-time low in housing starts, a construction worker shortage, and an investors lament. Then, Jason introduces his guest, and Meet the Masters headline speaker, former Senator Dr. Ron Paul. The two examine what liberty really means, what governments role actually is, the damage our educational system is doing to our society, and what should be done with the federal income tax. Part 2 of Dr. Ron Paul's interview will be aired on Wednesday. Key Takeaways: [3:50] Daren Blomquist, with ATTOM Data, has released his lastest Housing Report that examines the topic of bubble markets [8:16] The construction void: lowest home starts since 1964 [13:16] The idea of a bubble warning [17:04] When Jason didn't buy mobile home parks, an investors lament [20:18] A huge labor shortage in the construction industry [22:05] Don't forget to make your 5 year plan Ron Paul Interview: [24:01] What is the meaning of liberty, according to Ron Paul? [28:50] How do you draw the line about what the government should be involved in? [32:20] Ron Paul's liberty amendment to end income tax [35:58] Progressive education has harmed our nation Websites: www.RonPaulLibertyReport.com

Daren Blomquist, former Director of Marketing & Communications with foreclosure data giant RealtyTrac & Attom Data, and now VP of Market Economics at the leading nationwide seller of distressed housing - Auction.com, goes into what he looks for in areas of growth and decline, leading indicators, and even gives a "top 4 markets to invest in" and a "top 3 markets to be cautious of" - all backed by real data. And it's not even in a nerdy way, like we are used to! This is definitely worth a watch, and if you're so inclined, set up an account at Auction.com and take a look at the inventory available. To keep up with Daren's industry trends & updates check out auction.com/inthenews. Daren Blomquist is Vice President of Market Economics at Auction.com. In this role, Blomquist analyzes and forecasts complex macro and microeconomic data trends within the marketplace and greater industry to provide value to both buyers and sellers using the Auction.com platform. Daren’s reports and analysis have been cited by thousands of media outlets nationwide — including all the major news networks and leading publications such as The Wall Street Journal, The New York Times and USA TODAY. Daren has been quoted in hundreds of national and local publications and has appeared on many national network broadcasts, including CBS, ABC, CNN, CNBC, FOX Business and Bloomberg.

FAR 265 Opening: Show me the MONEY! Of course this is one of the more famous movie lines ever from Jerry Macguire. I know many people get involved in real estate after listening to late night infomercials about “no money down” investing and how you can buy real estate with no credit, none of your own money and so on. These deals do exist but you might have to stumble over 100 good deals to find one. Those 100 deals require some money. And that money can ONLY come from one of two sources: YOU or SOMEONE ELSE. Most of us, when we get started are using money from someone else. It can be a friend, family member, or a lender, but most of us just do not have cash lying around to buy a property.  So how do you find the money and what is the best money to find? Our guest today is Susan Lassiter-Lyons and she is the author of the best-selling book “Getting the Money”. She’s coming along in a few minutes to lay some insight on us.  Plus we’ve got the news. Attom Data has released the first quarter home flipping report and I’ll be dissecting it for you later. And housing affordability is still in the news - the federal government has taken notice and is taking action. Flipping America is in the news also - more in a minute... How to contact us www.RogerBlankenship.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.  Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.  Real Estate News- Flipping America Meetup hits a milestone - Official membership crossed the 7000 threshold last month and now stands at 7068. Our groups have hosted 1095 events since we started. We are now doing at least two events every week and one of them could soon be in your town. Contact Carly@rogerblankenship.com if you are interested in seeing us in your town.  https://www.housingwire.com/articles/49485-most-homebuyers-would-sacrifice-a-big-yard-for-a-shorter-commute-realtorcom-says Top Ten worst commutes:  American Avg. 26.9 min 10. Philadelphia - 32 10. Seattle - 32 8. Los Angeles -33 8. Miami - 33 6. Atlanta - 35 6. Chicago - 35 4. San Francisco - 36 2. Boston - 40 2. New York - 40 1. Washington DC - 41 https://www.housingwire.com/articles/49458-harvard-theres-a-housing-shortage-and-its-eroding-affordability Harvard Study creates basic profile of new Homebuyer: Age: under 35 Ethnicity: white Marital status: married Children: yes Type of property selected: detached, single-family home Square-footage of property selected: less than 1,500 Average home price: less than $200,000 https://www.housingwire.com/blogs/7-pulse/post/49493-pulse-affordable-housing-issues-are-stymying-the-mortgage-market-but-change-is-on-the-wayb  https://www.attomdata.com/news/market-trends/flipping/q1-2019-home-flipping-report/ Announcements: Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is here! Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out a 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy.  Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.   Special Guest: Susan Lassiter-Lyons, author, “Getting The Money” https://www.amazon.com/Getting-Money-Simple-System-Private-ebook/dp/B00SLKXZNU/ref=sr_1_2?crid=2E0Q1CXIVSCDU&keywords=getting+the+money+by+susan+lassiter-lyons&qid=1562337505&s=gateway&sprefix=getting+the+money%2Caps%2C119&sr=8-2 Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day   “I’m always doing that which I cannot do in order that I may learn how to do it.” - Pablo Picasso   Tags: real estate, real estate investing, real estate investments, real estate education, flipping houses, Roger Blankenship, Flipping America, private money

Kevin Ortner, Renters Warehouse, is on air with Abhi to discuss all things real estate. They are analyzing a list that was put out by Lending Tree and where the real estate market is and ranking the markets. The go into detail about the list and discuss average down payments and have their predictions on whether they will see the average down payment go up or down. There is a lot of talk of millennials postponing home buying, but Kevin says it is because they are saving up to put down a larger down payment. Kevin brings up the housing crisis the US market experiences 10 years ago, and the discuss ATTOM Data results of foreclosure rates, which was the lowest it has been in 13 years. Kevin gives his prediction with whether or not we will see those numbers rise. Off-market deals — everyone has something to say about it, Abhi says. A lot of people think there is nothing in the market, but Abhi has a different opinion! ThinkRealty.com has a great article on this if you’d like to follow along with their discussion. Kevin and Abhi agree that for every person they hear saying they can’t find any deals, they can find another person that has had 60 deals that year. It’s all about where you’re looking, the research you’re doing and who you are connecting with. Find out more about Renters Warehouse and Kevin Ortner at RentersWarehouse.com

Daren Blomquist from ATTOM Data is on the show to discuss market trends. Abhi has some great questions for Daren that listeners don’t want to miss, for example, is home flipping still a good investment strategy despite shrinking profit margins? Get the scoop on the best neighborhoods for home flipping and the best neighborhoods to invest in rental properties. To learn more about ATTOM Data Solutions and the resources they provide email marketing@atttomdata.com The Power Play: This segment is all about International real estate investing and why it’s so hot right now. Foreign investors coming over to the United States have completely different goals than domestic investors — it’s all about capital preservation.

FAR 173 Expected Air Date: 7/23/18 Opening What are the guiding principles you use in your investing activity? We all think about returns, but do you consider other data points as well? Ok, some of you right now are asking, “what other data points?” If you are looking at a property to buy and hold and you are only looking at cash flow or only looking at capitalization rate, or only looking at net income, you are not looking far enough. Even if you are considering all three of those, and they ARE separate numbers btw, there is much more to consider. You need to think about the area, the past trends, the future projections, infrastructure, employment opportunities, and much more. So you need data. If you listen to the show much you know that our analysis is data driven. And we look behind the data for assumptions, theoretical models, and the methods used to combine data to reach conclusions. I realize that not all of you listening to this show can be that much of a nerd. It’s ok. We get our hands a little nerdy around here sometimes so we can help you make the best decision possible. That means we have sources for our data. One of our favorites is Attom Data Solutions. Coming up in a few minutes I have Daren Blomquist, Executive VP for Attom Data and we are going to bless your life with a little data talk. Now before you turn this off and switch over to yet another rerun of Gilligan’s Island or Big Bang Theory, let me tell you a few things we are going to be talking about. Attom data is the same company formerly known as RealtyTrac.com. That means they are experts on foreclosure data. We will talk about that. Want to know about crime rates in a prospective area? How about information about the particular property and its history? They’ve got those. Want to know what a neighborhood is like? Income level, percentage of college grads, crime rate, and more? They have it. Want some juicy stats on investor activities? Done. How about a list of distressed or potentially stressed properties? Where do you think the list brokers get theirs? Yeah - go straight to the source and we are going to tell you how. We are going to tell you how to get your hands on their Bi Annual Report on Single Family Rental Home prices. And you don’t want to miss this part -- in the last segment I ask Mr. Blomquist to look into his crystal ball and tell us what he sees happening with housing prices and the markets. His answer is coming up! With RealtyTrac since 2001, Daren Blomquist has been instrumental in many facets of the company’s business as it has transformed into the industry leader it is today. In addition to being one of the company’s longest-term employees, Daren is RealtyTrac’s primary media spokesperson and resident go-to expert on foreclosure statistics and trends. Daren is also managing editor of the company’s monthly newsletter, the Foreclosure News Report, which was named the “Nation’s Best Newsletter” by the National Association of Real Estate Editors, and is directly responsible for the creation of the company’s U.S. foreclosure market and sales reports, which are cited by thousands of media outlets nationwide — including all the major news networks and leading publications such as The Wall Street Journal, The New York Times and USA TODAY. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements: Lunch with me every Wednesday. Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.   Guest: Daren Blomquist www.Homefacts.com www.homedisclosure.com www.Realtytrac.com Check out the Neighborhood Index. Look up Flip Transaction Data Read the Bi-Annual Report on Single Family Rental Home Prices Topic: Flash in the Pan Flash in the Pan: https://www.phrases.org.uk/meanings/flash-in-the-pan.html Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: Questions@flippingamericaradio.com Tell us where you’re from! Alissa, Grand Rapids MI, “What do you do for security in your fix and flips? I have one in a marginal area and I’m a bit worried about materials left on site and basically the house itself.” Motivational Thoughts for the day “It doesn’t matter how slowly you go as long as you do not stop.” -Confucious.

#198: The five ways real estate pays you, your monthly cash flow and using HELOCs are three listener questions that I answer today. Home inventory is so low that machine learning and artificial intelligence are being used to predict when someone is likely to sell. ATTOM Data’s Daren Blomquist tells us where today’s housing values are compared to pre-recession peaks. Want more wealth? 1) Grab my free E-book and Newsletter at: GetRichEducation.com/Book 2) Actionable turnkey real estate investing opportunity: GREturnkey.com 3) Read my best-selling paperback: getbook.at/7moneymyths Listen to this week’s show and learn: 00:57 How would $1,500 monthly cash flow help me? 04:00 The “5 Ways” real estate pays you. 06:40 HELOCs. 26:16 Daren Blomquist interview begins. 29:00 Machine learning, artificial intelligence in real estate. 35:00 Higher mortgage interest rates = higher home prices. 38:18 National median housing prices vs. “pre-crash” highs. 40:30 Housing values in “stable” markets. 43:38 Get Rich Education TV. Resources Mentioned: www.attomdata.com Get Rich Education TV: GetRichEducation.tv Mortgage Loans: RidgeLendingGroup.com Cash Flow Banking: ProducersWealth.com Apartment Investor Mastery: BradSumrok.com Turnkey RE: NoradaRealEstate.com Find Properties: GREturnkey.com GRE Book: GetRichEducation.com/Book Education: GetRichEducation.com   Hey, welcome in to Get Rich Education, Episode 198. I’m your host Keith Weinhold and I’m going to answer a few listener questions today… ...about your cash flow, your total rate of return, and finally, Home Equity Lines Of Credit. Then we’re going to have one of the top real estate trend trackers in the nation join us here later. Let’s get right into it. Ellis from Gastonia, North Carolina asks, “Keith, Episode 188 had a great breakdown of how run you all of the numbers on an income property. The thing I’m wondering about is that your example only resulted in a positive cash flow of $150 on that property. With the maximum of 10 conforming loans that we can get, that’s only $1,500 in monthly cash flow. How would that be enough for us to leave our job?” Thanks, Ellis. And, of course, not everyone that listens here wants to have their passive real estate income replace their passive job income. Though many do. ...and it’s not a get rich quick thing...it’s about incrementally building up durable cash flow streams over years. Well, Ellis, and I’m not sure how many shows you’ve listened to. That example of the $150 cash flow was just for one SFH - and really for one of the lower-cost ones - the purchase price on that was 70-some thousand dollars. It was in Memphis. So most of the income properties you buy will have a higher purchase price, higher figures, and often a higher cash flow. Really, $1,500 with ten properties would be about as low as a projected number could possibly get. So Ellis, if you’re married, both you and your spouse - you each qualify for 10 one-to-four unit properties...20 total and BTW… ...you want to put those in your individual names. If both you and your wife were on the loan, that would count as a strike against each of your limit of 10, so as you buy, alternate back-and-forth - you own the first one, she owns the second, you own the third, and so on, or something like that. So that’s 20 doors minimum there - or I guess 19 since your primary residence is part of that formula, plus if you have some duplexes or four-plexes in there, that might be 25 or 30 or 40 doors. So, there’s so many reasons why you would likely have substantially more than $1,500 in passive monthly cash flow. Then there are financing programs beyond conventional ones, you might also have some 5+ unit apartment buildings, some agricultural parcels or a mobile home community, or maybe you even got a couple low-cost properties paid-off and don’t think it’s worth getting a loan for tiny amounts, so they produce cash flow although there’s no loan there… ...there are a ton of reasons why it would be way more than $1,500. Thank you for the question, Ellis.  ...And another important thing to remember there is that we’re only talking about cash flow - which is only one of five simultaneous profit centers that you typically have. But cash flow is a key profit center because it’s the most liquid one. Jessy from Sacramento, CA says, I love your show. It’s flipped my financial mindset totally upside-down, changed my family’s life, and changed what I thought was possible for us.  Part of what I love hearing about is that 5 Ways You’re Paid in real estate. Ah - then he (or she?) shows me an example here in the question of 30% for leveraged appreciation + 6% cash flow , 5% loan paydown, 4% tax benefits, 3% inflation-hedging = a total return of 48%.   Yes, those are the five ways that real estate investors often have as profit centers.   The question Jessy asks about this is: “Though I get my properties from GREturnkey.com and these returns seem about right, I don’t think I’m invested in any one market that performs this way.”   OK, I love that question, Jessy. Few individual markets are going to perform just that way.   It’s a blended portfolio approach. For example, on your new purchase in Dallas-Fort Worth, you might not have any cash flow any more. It might be cash flow zero. That’s just the way DFW behaves now.   But it’s likely that you’ve been achieving better than 6% appreciation there in DFW (and I’m referencing that 6% appreciation at 5:1 leverage as the 30% Jessy gave in the example).   Then if you’ve also bought in Memphis, you’re likely achieving less-than-average appreciation - that’s just how many areas in Memphis behave, but you’re getting above-average cash flow.   So it’s the blended portfolio approach that can lead to “Year One” returns like what I’ve described with the “Five Ways That You’re Paid”. Multiple markets means you’re more diversified at the same time.   One market, however, that’s performed lately with a nearly equal measure of both appreciation and cash flow are some of the Orlando and Tampa Bay submarkets...so some markets will come close - most won’t - they’ll be weighted differently across your five profit centers.   Thanks for the question, Jessy.   The next question comes from Michael in Astoria, Oregon. Astoria is beautiful. One day, I went to the top of the Astoria column there - it’s a tower overlooking the mouth of the Columbia River.   Michael says, “There aren’t any cash flow markets out here on the west coast and we have substantial equity in our $1 million Astoria home.   We still owe $504,000 on the loan so it’s about half-paid off.   From listening to you and understanding that the Return From Home Equity is always zero, I also know that our leverage ratio has been cut to 2-to-1.   What’s the best way of removing our home equity to use for down payments on cash-flowing income property?”     Well, thanks for the question, Michael. First of all, you need to decide for yourself that that’s what you want to do with your home equity.   Understand that doing so means that none of your equity is lost - it is merely transferred into multiple properties - and it also can produce a cash flow for you now.   Of course, though the return from home equity is always zero, borrowing against your home equity incurs an interest rate expense that you need to beat.   I’ve removed equity from my property with a HELOC for buying more investment property...and let’s drill down and unpackage a HELOC here - H.e.l.o.c. - Home Equity Line Of Credit.   Let’s talk about why you would use one, how it works, and both your advantages and your risks here, Michael.   With a HELOC - if you understand how a CC works, you largely understand how a HELOC works, except your credit limit is based on how much equity you have in your home. You can usually borrow up to an 80% combined LTV ratio.   So what’s 80% combined LTV really mean?   Now with your home, let’s just round your million-dollar home’s mortgage loan balance to 500K. This means that you could potentially borrow up to $800K total - you’ve already got a $500K lien on the property, meaning you could get a HELOC for another $300K.   Yes, with $300K, you could potentially put $30K into ten low-cost income properties in the Midwest and South - down payment & closing costs. Now you’ve spread your risk around because you’re invested in multiple RE markets.   Now to qualify for a HELOC, you'll need to document your income and employment status just like you would if you were refinancing your home, Michael.   People often use HELOCs for home repairs, sometimes they’re used to pay down higher interest rate CCs. But you can use the funds for anything - a trip to France, a new fishing boat.   The HELOC is essentially a second mortgage for you.   Like a credit card, homeowners can borrow or draw money on multiple occasions, usually for a period of 5-10 years, and up to a maximum amount - it would be $300K for you in this case, Michael.   There are two time phases with a HELOC. The first one is your Draw Period, which typically lasts 5-10 years. The second one is your Repayment Period - which can last about 10 years, maybe even up to 20 years.   Now the first one, your HELOC Draw Period is a really nice time. Now you’ve got access to $300K, and you only need to make interest-only payments on it - which means you have flexibility - you can make principal payments on it if you want, but you only need to pay the interest portion monthly.   And your HELOC balance can be very elastic - like a credit card - you could just borrow out $150K on your $300K line right away, make extra principal payments to get it down to $120K after a few months, then months later, run it all the way up to the limit of $300K, and years later pay it back down to “0” again.   It’s a pretty great time for you - you’re enjoying what feels like a windfall of cash and you only need to make the interest-only payments.   But after this 5-10 year Draw period, the second of your two HELOC time phases begins - your Repayment Period.   Now, this can be a real test of how responsible you’ve been with your HELOC funds during your Draw Period - because during this repayment period which can last 10 to 20 years, you must pay both the interest and the principal amount - so your required minimum payment will be higher over all these months until you pay the HELOC balance back down to zero.   Usually, the repayment amount is calculated by dividing the capital you’ve accessed - call it $300K here - by the number of months in your repayment period. Simple math here.   Now, before you originate your HELOC - beware - occasionally, a lender requires your capital to be fully repaid at the end of your 5-10 Drawdown period all in one lump sum - which is known as a balloon payment.   So before you take out a HELOC, just ask your mortgage loan officer about the duration of your Repayment Period once your Draw period ends, ensuring that there’s no balloon due.   Now, even if you do have a 10-20 year repayment period, some borrowers still get surprised at the higher payment during the repayment period - but you won’t be - you’ve got to pay both principal and interest there. Your required payment will increase then.   Now, here’s a great option for you. Of course once your 5-10 year Draw Period ends, maybe you want to keep your line of credit and extend the draw period. Many lenders will do this for you, so long as your home still has enough equity and your financial health hasn’t tanked. Typically, a lender will “pay off” your old line of credit by simply extending you a new one. Now that you understand Draw Periods and Repayment Periods, let’s talk about your HELOC’s interest rate.   HELOCs have substantially lower interest rates than CCs. HELOC interest is often tax deductible - CCs are not.   Your interest rate floats. It’s not fixed. HELOC interest rates are tied to Prime Rate or LIBOR plus a margin above that which is based on your credit score.   Your upfront HELOC costs low, Michael. A $300K HELOC cost might only be a $1K upfront cost.   Now, let’s talk about some risks associated with using your primary residence’s equity for purchasing rental property.   If you have a habit of abusing credit, maybe avoid a HELOC altogether.   Since a HELOC is secured by your home equity, if you don't repay it, you could end up in foreclosure. The same of which can be said for most any mortgage.   Let me tell you about something bad and unforeseen that happened to me with a HELOC in about 2007 or 2008….and by the way, lending guidelines were so loose then that I actually had a 90% LTV HELOC on a non owner-occupied four-plex.   If you can believe that!   But it’s not like that today, so with your HELOC based on 80% LTV on your primary residence, say, Michael, that you’re in a place during your draw period a couple years down the road and say you’ve borrowed $150K of your $300K HELOC.   You’ve got half of it in use.   Here’s what happened to me, just using your numbers to stick with your example - I got a notice from the bank telling me, essentially that they froze my HELOC.   What did freezing my HELOC mean? It meant that even though I was still in my Draw Period, they wouldn’t let me draw further equity from my home - it was frozen at $150K.   Now, they didn’t call the note due or demand any principal payments.   I could still make interest-only payments on the $150K, but with no further drawdowns. There was another $150K that remained unutilized.   ...and why was that? Well, a lot of unprecedented things happened during the Great Recession of 2007 to 2009.   Even though the property I owned didn’t fall in value all that much ten years ago, when housing values started turning down nationally 10-12 years ago, many banks said that you can’t make any further draws on your HELOC - we’re freezing it - essentially the banks were saying that we’re worried about the value of your collateral that secures this loan that we made to you.   Well, I was disappointed because I still had some open funds to use on my HELOC, but access was shut off for quite a while. That was the HELOC freeze.   Now, I could have avoided that had I just taken all the money out of the HELOC and put it in my own liquid bank account. Of course, I would have had to pay interest on a lump that I wasn’t investing too.   Let me just add here, that whomever you listen to for finance and real estate investing information and education, listen to someone that been through a downturn.   I’ve been successfully investing in real estate directly since 2002, and the housing crisis and mortgage meltdown of 2007 to 2009 was actually good for me - as I’ve discussed on other shows.   Now, for you to get a gain - your HELOC interest rate that you’re paying should be the same as, or lower than, the cash-on-cash return of the income property that you’re buying with the HELOC funds.   That’s because it’s cash that you service the I/O HELOC payments with - and you’re really keeping an eye on that when your Draw Period comes to an end.   Remember that HELOC rates have been rising and they’re poised to keep rising.   Now, I already know what you’re thinking. You’re excited about real estate investing and building your portfolio and if you have some equity in your home, you might even be thinking something like:   “Even if my income property’s CCR ends up lower than my home’s HELOC interest rate, it’s all going to work out for me because when I consider that the income property pays me 5 ways (of which the CCR is only one of those five), my Total Rate Of Return will dwarf the smaller HELOC interest rate.   I know you might be thinking that. And you know what, you might even end up being right and it will work out for you, but now you’re tilting into a riskier area.   And you’re going to do whatever you’re going to do….   ...but the Mortgage Meltdown ten years ago proved to me that liquid cash flow is what services HELOC payments.   The other four ways you’re often paid - appreciation, loan paydown paid by the tenant, tax benefits, and inflation-hedging - none of those profit centers are liquid.   By the way, and thanks for the question Michael -   Now, I’ve had some detractors in the debt-free School Of Thought that won’t even entertain the notion of harvesting equity from their own home and buying rental property with it.   But I do it...and I’m not telling you to do it...I’m saying make your own decision. But some even say things like - I bet you won’t like your decision when we have another mortgage meltdown like we did ten years ago.   My response is - this way, I’m better positioned in a mortgage meltdown. During the Housing Crisis, some markets even lost 50, even 60% of their housing values.   In a meltdown, I’m going to be really happy that I didn’t have a lump of equity all in one property just in one market.   Plus, during all that time leading up to a potential future meltdown, I will have had positive cash flow the entire time.   I’ve even had a couple people - that just don’t ever seem to want to think abundantly say - well what if things go beyond a recession and we’re in an all-out depression and everyone loses their job and Americans are massively starved for food.   Then the person that rents your Kansas City property won’t have their medical job to pay your rent anymore, and the Fedex employee in Memphis that rents your place won’t have a job and your cash flow will dry up.   Sheesh, if we’re in an all-out Depression, and the economy breaks down, no one accepts the dollar, and there’s anarchy and mass starvation and looting and Americans don’t even have clean water and everyone’s defaulted on every loan they have, then the fact that you lost the cash flow on your St. Louis rental property is not even going to be one of your Top 20 problems.   So...I don’t know what these people are thinking. Now...   When you’re running your numbers on a single-family income property that you’re thinking about buying and you get a CCR greater than 10%, you know, these days. I want you to look at that CCR with a magnifying glass.   Many markets have prices rising faster than rents that can keep up proportionally. You can still get 10% on a SFH, but not as easily as before.   And I still don’t know of a better place to invest right now than SF income property.   And I don’t think we’re in any kind of housing “bubble” now.   A bubble is defined as a price level unsupported by fundamentals. Today, supply shortage is driving demand.   Therefore, it is very much still a fundamental price increase, not a bubble - in these stable inland markets where we buy homes a little below the median housing value.   So...know the pros and cons of strategic investment moves like a HELOC origination.   Your goal, as a successful investor, is to maximize your ROI throughout your investing lifetime.   I frequently sell or refinance properties due to that fact that equity-heavy properties decrease your ROE - your Return On Equity.   Financially-free beats debt-free. The debt-free person asks a question like “Where do I think I can be someday?”   The financially-free person instead asked themself a better question - what do I have right now to make my & my family’s life better now - what tool do I have that I didn’t even know I had.   What knowledge do I have now, what talent do I have now, what property equity do I have now, what relationships do I have now.   So...thanks for the listener questions today. I only got to three. There is such a backlog of questions that I’ve got.   I wanted to answer three that I felt would be most applicable to the greatest number of people.   Well, ATTOM Data’s Senior VP Daren Blomquist is back with us today.   We’re going to discuss how among homeowners - they’re staying in their homes longer than before - but renters are not included in this - so note that this isn’t a direct measure of transiency.   There are so many reasons for why homeowners are staying put longer   Low interest rates that they locked in years ago often means they don’t want to leave. Mortgage underwriting standards are tougher than they were pre-recession. The supply of replacement properties is low. To a lesser degree - our population aging - the older one gets, the less they move. The supply problem is getting so bad that people increasingly are using data sets of predictive analytics and Artificial Intelligence to tell if someone is about to sell their home.   All that’s next, plus where the more undervalued Midwest & South housing markets are for income property today. You’re listening to Get Rich Education. ______________   For those figures Daren was using in comparing various metro housing market prices to their pre-recession peaks, those numbers are not adjusted for inflation. Keep that in mind.   So if over the last decade we had a cumulative 30% inflation over all those years, then a housing price that’s 30% greater is essentially the same. Very important distinction there.   Thanks again to Daren Blomquist.   I know that you’re a Get Rich Education listener, but are you a Get Rich Education watcher? Get Rich Education TV is developing.   Understand that a lot of changes are taking place there as it’s just evolving.   If you want free education, motivation and tutorial videos from me - just go to GetRichEducation.tv for more.   Let me know what you think about Get Rich Education TV. Land there directly at  GetRichEducation.tv.   Until next week, I’m your host, Keith Weinhold. Don’t Quit Your Day Dream!  

Jason Hartman kicks off today's episode with a look at Daren Blomquist's latest Housing Report and breaks it down piece by piece. He examines the data about a long-time low in housing starts, a construction worker shortage, and an investors lament. Then, Jason introduces his guest, and Meet the Masters headline speaker, former Senator Dr. Ron Paul. The two examine what liberty really means, what governments role actually is, the damage our educational system is doing to our society, and what should be done with the federal income tax. Part 2 of Dr. Ron Paul's interview will be aired on Wednesday. Key Takeaways: Jason Monologue: [3:50] Daren Blomquist, with ATTOM Data, has released his lastest Housing Report that examines the topic of bubble markets [8:16] The construction void: lowest home starts since 1964 [13:16] The idea of a bubble warning [17:04] When Jason didn't buy mobile home parks, an investors lament [20:18] A huge labor shortage in the construction industry [22:05] Don't forget to make your 5 year plan Ron Paul Interview: [24:01] What is the meaning of liberty, according to Ron Paul? [28:50] How do you draw the line about what the government should be involved in? [32:20] Ron Paul's liberty amendment to end income tax [35:58] Progressive education has harmed our nation Websites: www.JasonHartman.com/Contest www.JasonHartman.com/Masters www.RonPaulLibertyReport.com

Last month, ATTOM Data Solutions released its Q3 2017 Single Family Rental Market report.  The report identified the top 25 U.S. zip codes for buying single family rental homes based on potential rental yields and cash flow, vacancy rates, home price appreciation, population growth, neighborhood quality, and average property age. Joining the podcast to discuss the report is Daren Blomquist.  Daren is Senior Vice President of Communications at ATTOM Data Solutions (formerly RealtyTrac), where he directs ATTOM Media, a division of the company that publishes original real estate reports sourced from the ATTOM Data Warehouse, the nation’s most comprehensive property database.  Daren is also executive editor of the Housing News Report, a monthly newsletter published by ATTOM Data Solutions and named best newsletter by the National Association of Real Estate Editors in 2015 and 2016.  

Jason welcomes two guests to the show today. First, private lender Bill Green gets specific with available rates and financing offers available for buy and hold 30-year loans and shorter span bridge loans. He describes the differences between the options and shares and example of when each loan may be applicable for the purchase of your next property. And later in the show, Daren Blomquist returns to the podcast to give us a real estate market update and to provide some unique market data tools his company created. Supply is low and demand is high. If a property makes financial sense buy, buy, buy. Key Takeaways:   [01:23] Private lenders help fill the gap between agency loans and hard-money lenders. [05:05] Bill Green explains the financing and rates available for long-term and bridge loans.   Daren Blomquist Guest Interview:   [17:21] Home price appreciation accelerated during the 1st quarter. [20:01] Linear markets may be morphing into hybrid markets during this period of high demand. [25:49] Technology makes geography less and less important. [27:41] Daren describes the Housing Affordability Index tool and the Pre-mover Index tool. [35:45] Income Property Investors should be wary of high appreciation markets. [37:52] Are the front lines of the real estate market backing out because they smell trouble?    Mentioned in This Episode: Jason Hartman Venture Alliance Mastermind ATTOM Data Solutions ATTOM Home Affordability Index RealtyTrac Marketing List Resource from RealtyTrac

Daren Blomquist is a Senior VP at ATTOM Data Solutions and the Executive Editor of ATTOM's award-winning Housing News Report. This is Daren's second visit to the Creating Wealth podcast. He joins Jason to discuss the new President-Elect, Donald Trump, what Trump's future presidency will mean for real estate investors, the economy and the regulatory issue's which bogg the current market. Key Takeaways: [1:43] What does a Trump presidency mean for real estate investors and the US economy? [5:55] The wage problem is causing affordability issues. [8:46] In the real estate market lower interest rates create a bubble. . [11:33] The rising house prices are unsustainable and home ownership rates are at 50-year lows. [15:43] Wouldn't it be nice if Trump repealed Dodd-Frank? [19:11] ATTOM's Housing News Report article reveals big banks are leaving the mortgage business. [20:16] October 2016 shows a month-over-month increase in foreclosure activity.   [24:29] Trump's promise to invest in the infrastructure in rust belt cities will benefit real estate investors. [25:36] Creating Wealth listeners get the award winning Housing News Report free for one year if they email marketing@attomdata.com Mentioned in This Episode: Jason Hartman Realty Trac Marketing List at Realty Trac ATTOM Data