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Tampa Bay’s Thriving Luxury Market Draws Nationwide Attention

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By Moisés Agami, CEO of Valor Capital

Tampa Bay, a region comprising Tampa, St. Petersburg, and Clearwater, has become a magnet for people looking to relocate and invest in luxury real estate. This coastal gem continues to shine as a leading destination for wealthy Americans seeking a luxury lifestyle and a serene setting for their ideal home. With its renowned beaches, striking architectural designs, diverse dining experiences, and vibrant cultural fusion, Tampa Bay is a paradise drawing a substantial influx of the affluent and savvy real estate investors.

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As this wave of growth continues, the impact on the luxury real estate market in the area becomes all the more significant, solidifying Tampa Bay’s position as a top choice for luxury living. Tampa Bay’s allure as a prime location for real estate development is enticing developers and investors eager to capitalize on its soaring potential. Tampa Bay’s appeal for relocation and real estate investment is influenced by key development drivers propelling its growth and the substantial economic impact of the luxury real estate market.

Tampa Bay’s Allure for Relocation and Real Estate Investment

Tampa Bay has emerged as a highly desirable relocation destination for many reasons. Florida’s 1.9% population growth, the highest rate of any state in the nation in 2022, has not experienced a decline since 1946, making the Florida housing market one of the hottest in the U.S. This year, Clearwater Beach was given the distinction of being named the “Best in the South” by USA Today, topping the list of 20 beaches in the southern U.S. from Virginia to Texas. Tampa Bay’s rich cultural experiences stemming from its diverse mosaic of cultures further cements its widening appeal.

What distinguishes Tampa Bay is its ability to provide a luxurious and convenient lifestyle without the exorbitant price tags often associated with exclusive areas like Palm Beach and Miami. This affordability, combined with Florida’s favorable tax structure, fosters growth across all sectors, making Tampa Bay a welcoming haven for wealthy Americans and international buyers searching for a second home or wise property investments.

Key Drivers of Tampa’s Growth and Development

Tampa Bay’s burgeoning growth and development can be attributed to several pivotal factors. St. Petersburg, in particular, stands as a beacon of economic prosperity and entrepreneurship, experiencing a remarkable surge in construction and development ventures. The area’s entrepreneurial spirit and expanding job opportunities have enamored businesses and professionals, sparking a significant influx of older millennials to Tampa Bay.

Tampa Bay ranks among the top corporate relocations, as evidenced by its increased business activity fueling even more attention to its robust growth. ARK Management, LLC, relocated its corporate headquarters from Wall Street to St. Petersburg in 2021. CEO Cathie Wood stated, “We believe the Tampa Bay region’s talent, innovative spirit, and quality of life will accelerate our growth initiative. ARK is not a traditional Wall Street asset management firm, and we are looking forward to breaking the mold further by relocating to St. Petersburg, a city investing in technology, science, and innovation. Our relocation and the ARK Innovation Center will allow us to be more innovative and to impact the broader community while shining a spotlight on the technological advances and creativity permeating the Tampa Bay region.”

The Tampa-St. Petersburg-Clearwater enclave offers a blank canvas to real estate investors and developers seeking untapped potential. Prime locations abound, inviting intellectual and physical migration to Tampa Bay and luring investors seeking to seize the countless opportunities that lie ahead. Ambitious redevelopment projects like the U.S. 19 Corridor Project in Clearwater position the area as an appealing destination for those seeking dynamic and evolving cities open to fresh ideas. The plan includes a mix of housing, businesses, retail, shopping, dining, and a transit-friendly, employment-intensive destination.

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The Profound Economic Impact of Tampa Bay’s Luxury Real Estate Market

The luxury real estate market in Tampa Bay wields a profound economic impact. The ever-growing demand for luxury homes keeps Tampa Bay’s real estate market at the vanguard among U.S. counties. This increase in demand has engendered an escalation in construction projects, further bolstering the location’s economic growth. In the last fiscal year, St. Petersburg issued nearly 37,000 building permits, representing a construction value exceeding $1 billion.

Moreover, the influx of prosperous residents and real estate investors has provided an additional boost to various industries in Tampa Bay. Finance, manufacturing, marine and life sciences, IT, data analytics, creative arts, and design are among the prominent industry sectors in St. Petersburg, employing thousands of local residents and offering lucrative careers. The growth in the luxury real estate sector has beckoned businesses, corporations, and entrepreneurs to the metropolitan area, injecting fresh vitality into its economic prospects.

State-of-the-Art Luxury Amenities in High Demand

Luxury home buyers today are in pursuit of residences that epitomize first-class living while elevating health and wellness. The pandemic has underscored the value of fresh air intake and touchless entry systems, driving demand for innovative, cutting-edge building designs that prioritize health and well-being. In response, state-of-the-art technology, such as UV-disinfecting lights on common area HVAC units, has emerged as a sought-after feature in luxury homes.

In addition, enterprising professionals and empty-nesters seek convenience and luxury in the vibrant urban heart of downtown St. Petersburg. The St. Pete Innovation District, with its ultramodern technologies and medical facilities, appeals to those seeking a dynamic urban atmosphere. Coveted amenities like wellness facilities, spa-like retreats, and energy-efficient designs have become integral components of luxury homes, catering to the desires of affluent buyers yearning for a serene and sophisticated lifestyle.

Tampa Bay Continues To Captivate

Tampa Bay’s thriving luxury market continues to attract nationwide attention as this coastal haven entices individuals looking to relocate and invest in luxury real estate. Its unparalleled beaches, diverse cultural experiences, and vibrant urban settings make Tampa Bay a veritable paradise for discerning individuals and shrewd investors. As the demand for luxury living grows, Tampa Bay’s allure as a prime location for real estate development builds. The luxury real estate market’s substantial economic impact underscores its pivotal role in the locale’s growth and prosperity. Furthermore, as homebuyers seek high-end amenities that blend health and wellness, Tampa Bay remains the epitome of relaxed luxury against the backdrop of a picturesque paradise.

About Moisés Agami, CEO, Valor Capital

Entrepreneur Moisés Agami took his first company public at the age of 25. His global businesses are built on cutting-edge technology, like Valor Capital that was formed in 2010, when Agami incorporated his technological and quality-assurance acumen to team up with a group of entrepreneurs who have a four-decade history of real estate developments with tens of millions of square feet in office, hospitality, medical, commercial and luxury residential product offerings. Valor Capital has truly revolutionized the industry with its “safety and wellness-based” engineering, focusing on building design features that maximize personal well-being. Agami enjoys finding real estate “gems” that are not currently on the monetizing radar of the average real estate mogul. He has facilitated several high-profile luxury projects along the Gulf Coast of Florida with future sights set on North Carolina, and Texas, where he can lead the way for other developers and entrepreneurs. https://valorc.com/

Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.

eXp Realty Welcomes Bean Group Brokered by eXp Realty

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Brokerage is first to join through newly launched ‘Boost’ program

BELLINGHAM, Wash., — eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today welcomed Bean Group Brokered by eXp Realty as the first brokerage to join through Boost – eXp’s newly launched brokerage incentive program.

Bean Group was founded in 2003 with a focus on exemplary customer service, online marketing, and technology-forward lead generation. The company grew quickly to be a top brokerage in Northern New England. Today their annual sales volume exceeds $1.5 billion and they are one of the largest brokerages in New England, with hundreds of real estate professionals across Maine, Massachusetts, New Hampshire and Vermont.

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The company is the first to join eXp Realty through its Boost program, which was designed to financially incentivize qualifying independent teams and brokerages to join eXp Realty.

“The eXp platform was built to help agents and teams succeed and thrive, and with Boost we are joining together with independent teams and brokerages that share our values, culture and growth goals,” said Michael Valdes, eXp Realty Chief Growth Officer. “Bean Group agents can now immediately start reaping the benefits of our agent-centric culture and aligned compensation model.”

The combined market share of Bean Group and eXp Realty puts eXp at No. 3 by market share in New Hampshire and No. 2 in Maine, up from No. 5 and 3 respectively.

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“By joining eXp Realty, we get the best of both worlds,” said Bean Group CEO Michael Bean. “We can maintain our boutique culture, brand and heritage while adding the unparalleled scale and resources of eXp Realty. Its agent-centric culture and benefits align closely with ours, and with this transition, we will deliver on our mission to help our agents and teams build successful real estate careers.”

Boost launched in June to provide financial incentives to independent teams and brokerages that are culturally aligned with eXp Realty, have more than 50 agents and a minimum of $100 million (US/CAN) in sales volume in the originating country over the previous 12-month fiscal period. International qualifications to be released. Additional qualifications apply. Cannot be affiliated with any non-independent franchise.

Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.

Lone Star Wealth Summit Information — See YOU Soon!

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Dear Summit Guest,

We are excited you can share the day with us this Saturday, Sept. 16th, for the Lone Star Investor Wealth Summit.

Be sure to arrive early to get the best seating — a few VIP tickets are also still available for purchase to upgrade your seating, see link below.

ALSO: We added a few complimentary tickets for you to bring a guest!

But hurry, because only a few remain, thank you. Also, parking is FREE so don’t worry about that either.

This is the event you’ve been waiting for! Get ready to expand your portfolio and connect with active investors from around the nation.

Whether you’re a seasoned investor or just starting out, this summit is designed to provide you with the knowledge, strategies, and networking opportunities you need to succeed in the real estate market.

Don’t miss out on this incredible opportunity to learn from industry experts, gain insights into the latest trends, and discover the secrets to building wealth through real estate investing. Plus, there will be plenty of time to mingle with like-minded individuals and form valuable connections that can take your investments to new heights.

NEED MORE TICKETS? Click the link below to reserve your seat today.

LEARN MORE OR RESERVE MORE TICKETS NOW:

https://www.eventbrite.com/e/530755121857?aff=oddtdtcreator

Enjoy a day of learning and networking. Our educators include:

* Chander Mishra MD MBA CPE FASE FASA FAACD – Blue Ocean Capital
* Bob Bluhm, Esq — Asset Protection Attorney & Public Speaker
* Brad Blazar – Founder of Capital School – Raised Over $2B in Private Capital
* Joseph Kimbrough- Apex Real Estate Investments
* Brian Carlson – Subject-To Real Estate Academy
* Joseph V. Scorese – BRRR Loans
* Steve Davis – Total Wealth Academy
* Jimmy Reed – 1REclub.com
* Jonah Dew – The Money Multiplier
* Jim Edenfield – Invest Success
* Tim Emery – Great Mile High Investor Summit
* Arnie Abramson — Texas Tax Sales
* Joel M. Desilets – Damascus Partners, LLC
* Seth Desilets – Damascus Partners, LLC
* Paul Finck, The Maverick Millionaire ®
* AND MANY MORE!

LEARN MORE OR RESERVE MORE TICKETS NOW:

https://www.eventbrite.com/e/530755121857?aff=oddtdtcreator

BE SURE TO DOWNLOAD THE EVENT SCHEDULE: https://joom.ag/PcNd

Best regards,
Linda

Credit Fears – Fight, Flight, or Freeze

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By Rick Tobin

What you avoid in life controls you, so you must confront it or attack it head on for the pain and fear to dissipate.

At our true core, we have just two root emotions – love and fear. All other feelings are just other sides or aspects of love (compassion, generosity, trust, empathy, etc.) and fear (guilt, shame, anger, envy, greed, etc.). As it relates to money, most people quickly react with fear when making financial decisions with a “fight-or-flight” type of fearful reaction.

Many people, sadly, freeze up with “deer-in-the-headlights” type of looks and do nothing until it’s too late. If so, the months or years of stress holds them back like an anchor and the financial trauma may continue to worsen.

Fight: Medical bills and divorce are the two main causes of financial insolvency and bankruptcy here in the US. Many times, the main argument point between once loving spouses is about household debt.

Flight: The most common reaction is to avoid the debt anchor topic partly by way of seeking out addictions (drugs, booze, excessive spending) to numb our emotions and not to think about it too much. In the short term, it may be helpful. However, it can crush you emotionally, physically, and financially in the long term.

Freeze: The proverbial “deer-in-the-headlights” is perhaps the most destructive reaction of them all. While being frozen with fear, the oncoming figurative car or train in the tunnel may eventually run you over and cause a heart attack, stroke, horrific addictions, broken relationships, or suicidal tendencies. At the same time, the maxed out credit card lenders may later start a credit freeze on the person’s account or drop their balances down to near zero.

Be Proactive, Not Reactive

Our nation is built on the issuance of credit and debt. Many times, the debt like seen with mortgages later helps us create the bulk of our net worth with increased equity gains in our real estate holdings. As such, mortgage debt can be viewed as a more positive type of debt than credit cards with an APR (Annual Percentage Rate) which can be as high as 25% to 35%+ after factoring in annual fees.

First and foremost, please write down your true monthly budget if you’re interested in reducing your debt and increasing your overall net income at the same time. Most people may think that they’re spending $3,000 per month when they’re more likely spending more than $5,000 while living off of their credit cards.

While rates have risen at a fast pace for mortgages and credit cards, payday and pawn shop loans can vary between a 300% and 500% APR while making mortgage and credit card rates seem incredibly cheap by comparison.

Between 2006 and 2014 during the depths of the Credit Crisis, there were 10 million Americans who lost their homes to foreclosure over this 8-year span. Within just a few months in 2020 (March to May), we saw almost 50% of that 10 million foreclosure number with at least 4.7 million mortgages delinquencies. However due to the pandemic designation moratoriums, a near historically low percentage of delinquent mortgages had foreclosure filings. At some point, lenders and mortgage loan servicing companies will accelerate their foreclosure filings.

To Refinance Consumer Debt or Not

A high percentage of homeowners and real estate investors these days are equity rich in their homes while cash poor. In addition, they may be paying the highest amount of monthly debt ever in their entire life partly since we’re truly facing the highest inflation rates ever in our nation’s history and the most unaffordable housing market for both buying and leasing.

A recent small business owner survey completed by Alignable that was published on August 31, 2023 was truly shocking about how far that small business income has fallen. The survey found that a whopping 50% of surveyed small business owners responded that they are only making half or less of what they were earning prior to the pandemic declaration back in March 2020. Please support your local small businesses more so than the global corporations so that they can remain in business.

To simplify, I will just focus on the monthly payments and not the overall consumer debt principal amount which may be close to $200,000 combined. In this example, the borrower only has two months’ worth of cash reserves near $9,500 in liquid funds at his or her bank.

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Let’s quickly look at a fictional borrower with a $400,000 mortgage and a California home valued at $1,000,000:

  • $400,000 – 1st mortgage at a 3% rate: $1,686/month (not including taxes and insurance)
  • Student loan debt: $900/mo.
  • Automobile loan: $1,020/mo.
  • Monthly credit card payments: $600/mo.
  • Unsecured small business loan: $500/mo.
  • Total monthly payments: $4,706/mo.

The borrower not only needs to reduce their household’s monthly expenses, they also need to replenish their savings so that they don’t run out of cash. Without money on hand, they might default on their mortgage, credit cards, automobile loans, student loans, and debt and lose their hard-earned equity in their home to foreclosure.

The new mortgage refinance option offered to the homeowner with or without full income verification might be near a 70% loan-to-value (LTV) in this fictional example with a fictional lender. If the home does appraise at $1 million dollars, this would equal a new $700,000 cash-out loan.

The client is focused on lowering monthly payments, so he selects a shorter term fixed rate mortgage that’s fixed for 7 or 10 years before converting to an adjustable rate mortgage. This same loan allows much lower interest-only payments at 7% (8.25% APR – all rates are subject to change).

Out of this new cash out refinance, the client’s new $700,000 loan may pay off all of their household’s monthly debt and add another $100,000 in cash to their savings accounts. With a new shorter term interest-only rate at 7%, the monthly payment may be near $4,083. When comparing the previous monthly payment debts of $4,706, it’s $623 per month less and provides potentially increased mortgage interest tax deductions at the same time. All other consumer debt balances are now at ZERO.

The 7-Year Mortgage Average

Homeowners and investors may choose to pay off more expensive consumer debt with a cash-out refinance by way of a new 1st, 2nd, or reverse mortgage with no monthly payments. Here are some of my previous article links about how to convert home equity to cash and the benefits of reverse mortgages with no monthly payment obligations: Converting Home Equity to Cash and Moving Forward with Reverse Mortgages.

The average length of time that a property owner holds their mortgage loan before later selling or refinancing is seven years. Property owners also own their properties on average about seven years as well. If so, a 7-year fixed mortgage rate that’s interest-only with much lower monthly payments might be an exceptional option for many borrowers.

With a 30-year fixed rate mortgage, the principal amount doesn’t really begin to reduce or amortize down until after the same 7th year term anyway. Or, your original principal balance on your mortgage on the day you closed escrow may be very similar to the same balance amount seven years later. This is partly why more borrowers are choosing shorter fixed rate terms of 3, 5, 7, or 10 years that may also have interest-only payment options that are much lower than a fully amortizing mortgage which includes both principal and interest.

The monthly payments on an interest-only shorter-term mortgage can be similar to a 30-year fixed mortgage rate that’s almost equivalent to a rate of 2% lower than some of the best 30-year fixed rates today.

At a later date, if and when the housing market bubble pops again, the Federal Reserve may suddenly and very aggressively cut rates back down to near historical lows once again after the economy possibly takes a turn for the worse like following 2008.

Credit and Debt – Worldwide, US, & Consumers

The U.S., with 4.5% of the world’s population, creates 25.5% of the world’s gross domestic product (GDP).

2023 Equity, Money, and Debt Data

* Global Derivatives: $3,000+ trillion
* Forex (Foreign Exchange Currency Market): $2.409 quadrillion ($7.5 trillion traded daily)
* US bond market cap: $52.9 trillion
* US stock market cap: $46 trillion
* U.S. federal debt: $32.6 trillion (August ’23)
* All US mortgage debt combined: $19.4. trillion (1st quarter ’23)

Housing and consumer debt trends:

* 140 million housing units in America.
* 64.8% of homes have a mortgage (96,320,000).
* 31.2% of homes have no mortgage (43,680,000).
* 1.7 million housing units under construction.
* 44 million rental units across the nation.
* 80% of retirees own a home while nearly half live near poverty.
* Credit card rates today average 25% as compared to 12% in 2008.
* Today’s 30-year fixed mortgage rates are at a 22-year high.
* U.S. credit card debt – $1.2 trillion
* U.S. auto loans – $1.56 trillion
* U.S. student loans – $1.77 trillion

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Household Income and Mortgage Debt Numbers

* House payment as % of median household income in Los Angeles County: 80.59%
* House payment as % of median household income in California: 65.19%
* Mortgage debt by state (1st quarter 2023): 1. California: $2.3 trillion; 2. Texas: .88 trillion; and 3. Florida: .85 trillion
* California’s total unpaid mortgage debt is almost three times more than Texas with only a 25% larger population base.

Rising Consumer Debt & Imploding Savings

The average credit card balance per U.S. consumer is $5,733, according to CNBC. Back in 2008 when the average credit card rate was 12% near the start of the Credit Crisis, it would take 5 years and 10 months to pay off the balance in full if the borrower paid the minimum monthly payment. If so, the borrower would pay approximately $2,243 in additional interest.
By comparison here in 2023 after a series of rate hikes, the average credit card rate is 23.99%. It will now take upwards of 24 years to pay off the debt in full with minimum monthly payments while accruing more than $27,337 in additional interest over and above the original $5,733 balance.

Crashing car market: The average car loan balance in the U.S. as of the 1st quarter of 2023 was 125% loan-to-value (LTV), as per TransUnion. The average new car price today is about $48,000. The average new car payment is $731 per month and the average used car payment is $551 per month. The average new car rate is now 9.48%, which is a multi-decade high.

The cumulative excess U.S. household savings dollar amount fell from a peak high of $2.1 trillion in August 2021 down to $91 billion in June 2023, as provided by JP Morgan Macro Research. The average U.S. homeowner has the bulk of their net worth tied up as untapped equity in their primary home.

There’s an estimated $10.5 trillion dollars’ worth of tappable equity in residential properties nationwide. The average homeowner has almost $200,000 in home equity.

Skyrocketing Energy & Inflation

We have a petrodollar (“oil for dollars”) currency system. As our oil supply declines, so does the purchasing power of our petrodollar while inflation skyrockets right alongside interest rates. Generally, energy costs are the root cause of core inflation trends, so keep a close eye on this developing story.

Oil prices per barrel are near $87 for WTI (West Texas Intermediate). By comparison in July 2008 shortly before the financial system almost imploded in late September 2008, oil prices were trading as high as $147 per barrel. As our oil supply continues to be reduced here in the US and elsewhere in Saudi Arabia, Russia, and Venezuela, demand may exceed supply and prices may rise up even more.

There are rumors of oil prices rising again very soon well above $100 per barrel. If so, the one investment that has consistently benefited from rising energy and overall inflation trends is real estate.

Buying Power of $1 (1933 – 2023):

1933: $1.00
1943: $0.75
1953: $0.49
1963: $0.42
1973: $0.29
1983: $0.13
1993: $0.09
2003: $0.07
2023: $0.04

Sadly, a $1 back in 1933 would have the same purchasing power as 4 cents today.

Are Home Prices Peaking or Declining?

The average mortgage rate for existing mortgage loans across the nation is about 3.6%. If so, this is under half of the most recent average 30-year fixed mortgage rates. Yet, today’s higher 30-year fixed mortgage rates are only about 30% as high as the average credit card rate near 25%.

For the first time in U.S. history, median new home sale prices are about to fall below existing home prices. With a record 1.7 million new housing units being built this year, home builders must slash prices and offer significant amounts of seller credits to the buyers to sell their properties. Unlike the millions of older distressed shadow inventory that owners, lenders, and loan servicing companies can attempt to keep postponing for sale, builders have to offer these completed homes for sale as soon as the Certificate of Occupancy is received.

In the near future, home values may start to fall yet again like in past housing bubble bursts. A recent video provided by the brilliant folks at the National Real Estate Post makes the claim that today’s housing bubble may potentially be more than twice as large as the previous housing bubble near the peak highs in 2007 and 2008. If so, home prices may be peaking in certain regions if you’re thinking about selling or refinancing at the top of the market.

No matter what you decide to do with real estate and with life, the most important step is the very first one because action is much better than inaction.

Rick Tobin

Rick Tobin has worked in the real estate, financial, investment, and writing fields for the past 30+ years. He’s held eight (8) different real estate, securities, and mortgage brokerage licenses to date and is a graduate of the University of Southern California. He provides creative residential and commercial mortgage solutions for clients across the nation. He’s also written college textbooks and real estate licensing courses in most states for the two largest real estate publishers in the nation; the oldest real estate school in California; and the first online real estate school in California. Please visit his website at Realloans.com for financing options and his new investment group at So-Cal Real Estate Investors for more details. 

Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411.com or our Eventbrite landing page, CLICK HERE.

Join Us for Realty411’s Lone Star Investor Wealth Summit

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By Lori Peebles

Are you ready to grow your real estate portfolio to brand new levels of abundance? If so, be sure to join us for Realty411’s NEW Lone Star Wealth Summit.

We are hosting a Real Estate Wealth Summit & Special In-Field Bus Training in Arlington, Texas, on September 16th & 17th.

Learn more and register at:
https://www.eventbrite.com/e/realty411s-lone-star-investor-summit-build-wealth-with-real-estate-tickets-530755121857?aff=oddtdtcreator

Get ready for a full day of education and motivation. Be sure to download our Summit Schedule to learn about your favorite speaker.

Download our Summit Schedule, click here or below:
https://joom.ag/PcNd

This Extra-Special Summit will cover a wide range of real-estate investing topics, as well as focus on individual mindset, finance and leverage, maintaining motivation and joint collaborations with our “Inner Circle” of readers, subscribers and educators.

Network with high-level investors and learn from top REI educators and accredited investors. Our speakers have collectively raised billions in private capital for their real-estate investment acquisitions.

This is your opportunity to learn directly from the best in REI in the Lone Star state and beyond, don’t miss it.

Learn more and register at:
https://www.eventbrite.com/e/realty411s-lone-star-investor-summit-build-wealth-with-real-estate-tickets-530755121857?aff=oddtdtcreator

SPECIAL REPORT: The Do’s and Don’ts of Media Follow-Up – 15 Things the Media Loves / Hates

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By Jill Lublin

The way you handle the media is the key to achieving desired success. They are finicky. Aim for the headlines. Jill Lublin has the inside scoop on what makes the media smile and what makes them cringe.

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15 things the media hates:

1. Not take “no” for an answer
2. Long news releases
3. Lying, hype, and misrepresentations
4. Lack of Preparation
5. Small Talk
6. Overkill
7. No repeated cold calling
8. Freebies
9. Name dropping
10. Lack of focus
11. Confirmation calls
12. Gimmicks
13. Not following up requests
14. Same ideas
15. Getting upset

15 things the media loves:

1. News
2. Brevity – Be Clear
3. Knowing targets
4. Relationships
5. Preparation
6. Broad appeal
7. Ties
8. Experience
9. Visualization
10. Celebrity tie-ins
11. Prompt response
12. Courtesy
13. Visual aids
14. No road blocks
15. A pleasant attitude

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Jill Lublin is an international speaker on the topics of Radical Influence, Publicity, Networking, Kindness and Referrals. She is the author of 4 Best Selling books including Get Noticed…Get Referrals (McGraw Hill) and co-author of Guerrilla Publicity and Networking Magic. Her latest book, Profit of Kindness went #1 in four categories. Jill is a master strategist on how to position your business for more profitability and more visibility in the marketplace. She is CEO of a strategic consulting firm and has over 25 years experience working with over 100,000 people plus national and international media. Jill teaches Publicity Crash Courses as both live events and live webinars and consults and speaks all over the world. She also helps authors to create book deals with major publishers and agents, and well as obtain foreign rights deals. Visit publicitycrashcourse.com/freegift and jilllublin.com

Jill Lublin International Speaker | Master Strategist |Four-Time Best-Selling Author
www.JillLublin.com 415-883-5455 [email protected]

Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.

Boom America TV Show Highlights New Home National Title: Revolutionizing Real Estate Transactions

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ORLANDO, FL – New Home National Title, a forward-thinking company transforming the real estate industry with cutting-edge technology and services, is excited to announce its upcoming feature on the Boom America TV show hosted by the iconic Kevin Harrington. Boom America is a distinguished platform that spotlights groundbreaking companies and their influential innovations. The feature of New Home National Title emphasizes its game-changing approach to real estate transactions, particularly its emphasis on mobile earnest money delivery and cryptocurrency payments.

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New Home National Title is spearheading advancements in the real estate sector by providing seamless and faster closing processes through its state-of-the-art technology. This includes unique features like mobile earnest money delivery and the acceptance of cryptocurrency payments, offering unparalleled convenience in home purchases. The company’s robust suite of title and escrow services cater to both residential and commercial sectors, making them a trusted ally for leading real estate and banking institutions nationwide.

“Being showcased on Boom America is a significant achievement,” said Richard Simon, owner & founder of New Home National Title. “We’re eager to introduce our modern and innovative approach to real estate transactions to a wider audience, inspiring more individuals and businesses to experience the unmatched efficiency and dedication we bring to each deal. Through our feature on Boom America, we aim to highlight how New Home National Title is setting new standards in the real estate sector.”

The feature of New Home National Title on Boom America reinforces its leadership position in the real estate industry. With its commitment to innovation, personalized user-friendly service, and a seasoned team of real property experts, New Home National Title is redefining the experience of real estate transactions. Their mission of infusing a personalized touch into every deal, regardless of its scale, underscores their customer-centric philosophy.

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About New Home National Title

New Home National Title is disrupting the real estate market by using the most advanced and secure technology to streamline the closing process, including mobile earnest money delivery and crypto currency payments, making home purchases faster and more efficient than ever. New Home National Title offers a full slate of title and escrow services for both residential and commercial markets and is a trusted partner to the top real estate and banking organizations throughout the country.

About Boom America

Boom America is a life-changing show hosted by none other than the legendary Kevin Harrington. A pioneer of the infomercial industry and an original star of the hit TV series Shark Tank, Kevin leads a powerhouse team of business experts on a mission to take various innovative companies to new heights. The real work begins as the chosen companies embark on a journey of explosive growth, guided every step of the way by the seasoned professionals of Kevin’s team. Get ready for a game-changing ride in 2023!

Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.

Founder of Realty 411 & REI Wealth Linda Pliagas & The Texas EXPO!

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Come Network Thursday September14, 2023 6:15 PM at the Fort Worth Real Estate Club with us and our Guest Speaker. Linda Pliagas

Real Estate Generational Wealth!

And the Realty 411 Expo on Sept 16th in Arlington, TX.

LINDA PLIAGAS, CEO, REALTY411 .COM

Linda Pliagas is the CEO and publisher of Realty411, which she founded in 2007. Linda has personally owned and managed rental properties in five states, all by the age of thirty-eight. Linda and her husband have purchased single family homes, multifamily units, vacation rentals, probates, REOs, and short sales. She has worked simultaneously in media and real estate for decades.

She holds a bachelor’s degree in print journalism from California State University, Long Beach. She was a recipient of the Bobit Magazine Scholarship for her accomplishment in publishing her first national magazine while still at CSULB. She also studied real estate, accounting, and general studies at Santa Monica College. As a journalist, Linda has freelanced for numerous national magazines, local newspapers, and global websites. Her mission is to empower average Americans to build generational wealth for their families by investing in real estate. Her website is Realty411.com.

Some of the things Linda will be Talking on at this Event:

  1. We will be doing this Meeting Interview Style!
  2. The Interviews have been such a Favorite of Attendees we are doing it again.
  3. We will have Questions about Generational Wealth via Real Estate
  4. What to Expect at the Expo 2 Days after this meeting.
  5. How to Get Started investing on the Fast Track!
  6. How to get the Most out of the Expo & the Power of Networking at the Expo.
  7. The 411 & REI Magazines that can help you succeed with a Coast to Coast Network.
  8. Marketing in those Magazines for Success!
  9. And so Much More!

Bring your Questions you need Answers to!

Be Prepared to take a lot of Notes!

If you are not a Member read below on how to become one, and then watch the meeting any time along with other meetings since April of 2020.

There are only 2 ways for you to hear this information packed segment.

  1. Becoming an Annual Member to watch it online from the comfort of your Home OR
  2. Coming out to our in Person Meeting at the Botanic Gardens!

YES WE ARE BACK!!! LIVE COME OUT & NETWORK!!!

New Schedule!!! Doors open at 6:15pm Main Meeting Starts a 6:30 Sharp and ends at 8:30, Then More Networking after the Meeting!

For the Fort Worth / DFW Area Real Estate Investors Club’s Monthly meeting
at the Fort Worth Botanic Gardens.

Networking with local investors starts at 6:15 pm and the Main meeting
starts at 6:30 pm. Come out and meet our Preferred Vendors and let them
answer any questions you have about real estate investing.

*So come out and bring plenty of business cards, flyers, anything you need
to network! Also if you have properties for sale then make sure to print up
some info sheets on them and put them on our “Deal Table” each month along with your Networking Materials!

NOW!! just $20 to attend & Memberships are available at a discount! The club is all about providing value, which is why we bring in vendors and speakers who are here to make your life as an investor easier and more lucrative.

If you are Serious about Real Estate Investing then you need to attend this Real Estate meeting at the Botanic Gardens.

See Ya There!
Jimmy Reed

Proverbs 13:20
Walk with the wise and become wise,
for a companion of fools suffers harm

Also check out our Facebook page for the club. Click Link Below to see it!

You can watch some videos from past meetings.
Also see some pictures of all the things we do at the club!

Annual Membership now gives you 1 year admission to the club along with 1 year access via our Private Facebook Group. So if you ever cant make a meeting you can watch it online Live, or the next day!

Just Click Either Button for Single or Double Membership!
CHECK OUT THE NEW 2022 SPECIAL PRICES!

Other Memberships that Include Infield Training’s with Jimmy!
Click on the Brochure for More Info.

Platinum Membership

Mentor “Diamond” Membership

For “Platinum” & Mentor “Diamond” Memberships
Click Below to Start Training Now!

Check out these Videos on the Real Estate Club & Training’s we have available to help you get started Today!

Real Estate Equity Development
Jimmy Reed
www.JimmyReed.net
817-731-0120 [email protected]

Let Your Money Do the Hard Work for You

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Please review this important message from our sponsor, thank you.

In today’s fast-paced world, we all understand the value of hard work. But how about working smarter instead of harder? What if you could let your money do the hard work for you?

This is the fundamental idea behind passive income, and it’s one of the key reasons why real estate syndication is such a powerful wealth-building tool.

Here’s how it works:

1. Consistent Cash Flow: When you invest in real estate syndication, you’re purchasing a share of a rental property. This property generates rental income, which is distributed among investors – like yourself – providing a consistent stream of cash flow.

2. Minimal Time and Effort: With syndication, you don’t have to worry about the day-to-day management of the property. That’s handled by us, the syndicators. You can sit back and enjoy the returns without the hassle of being a landlord.

3. Wealth Accumulation Over Time: As your passive income streams contribute to your wealth, you have the opportunity to reinvest that income, effectively putting your money to work to generate even more income.

4. Financial Freedom: Passive income can provide financial security and freedom. With a steady income flow independent of your regular job, you could potentially retire earlier or have the financial cushion to pursue what you love.

At Apex Real Estate Investments, we specialize in creating opportunities for investors to generate passive income through real estate syndication.

Our aim is to help you put your money to work, so you don’t have to work as hard. Ultimately this serves to free up your time — the most valuable asset of all.

In upcoming emails, we will explore more about how to create passive income and the role of real estate syndication in this process. Stay tuned!

As always, if you have any questions or need further information, don’t hesitate to get in touch.

Best Regards,

Joseph Kimbrough
469-458-9295
CEO & Founder
Apex Real Estate Investments

Learn from Joseph Kimbrough at the Lone Star Investor Wealth Summit, RSVP NOW

Creative Financing Options

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By Tod Snodgrass

https://creativetransactionfunding.com

Whether you are an experienced Real Estate Investor (REIer) or are a newbie in this industry, there exist many innovative funding techniques you can use to finance current and future deals. Generally referred to as creative financing, these terms refer to alternative or unconventional approaches that REIers may choose to utilize to acquire investment properties, using OPM: Other People’s Money.

In today’s unpredictable real estate investor landscape, it is very important to have a range of funding options at the ready before you dive into a property investment deal. Let’s face it, to be a successful REIer takes money. It does not necessarily have to be YOUR money, but before you can successfully pull off a deal, chances are SOMEONE’s funds are going to have to be brought to the table. Plan ahead. Line up funds before you need them because they have to come from somewhere.

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Make sure, before you commit to any real estate deal, that you have all your web-footed waterfowl neatly arranged in a linear fashion.

A. Lease Option: You may encounter a situation where you are not ready yet (either experience- or financial-wise) to purchase a property, either for your own personal use or as an investor. That is where the lease option can work best. Doing so provides the opportunity to purchase a property at the conclusion of a pre-arranged leasing-type agreement. This approach allows you to potentially build up equity through monthly rent payments.

The landlord benefits by earning monthly revenue. Typically, and depending on specific contract terms, a portion of the monthly rent payment is credited toward the future down payment on the house. This technique normally works best in a buyer’s market.

B. Down Payment Assistance (DPA). Many REIers are finding themselves caught in a new type of financial squeeze when it comes to the percentage of the purchase price that hard money and private lenders require that they bring to closing, i.e. “Skin-In-The-Game” (SITG) cash.

Until recently, it was possible to secure, say a 90% loan from such lenders, with the borrower required to contribute the other 10% as their SITG capital. And while those terms are still available in some cases, many REIers are waking up to a new reality: They need to bring closer to 20%-30% SITG cash to closing in terms of actual down payment money, with a general average of around 25% DP money currently required.

Upping the SITG percentage is a risk-reduction strategy employed by lenders in response to what they perceive as new uncertainties in the real estate investment marketplace, on a go-forward basis. The reality for REIers caught in this new “liquidity squeeze” is that they now may need to potentially come up with tens of thousands or even hundreds of thousands in new (SITG) investment capital above what was previously required.

Without new SITG capital, the REIer cannot close on the deal. A potential solution to this new dilemma is what we refer to as “Down Payment Assistance (equity) funding”: This is where a third party provides the needed extra SITG/DP cash in return for a modest share of the profits. See below for info about DPA.

C. Seller carryback loan. Plainly speaking, this is simply owner-provided financing. The seller acts as the lender or bank, i.e. he carries a mortgage–usually a second position loan–on the property and collects monthly payments from the buyer. Such an arrangement can be a win-win for both the buyer and the seller. Often the buyer (an REIer in this case) may be willing to pay more than the asking price in trade for advantageous loan terms on a seller carryback mortgage.

Further, the buyer is often willing to pay a higher interest rate on the seller carryback loan than the seller could earn from a CD from their local bank. Also, should the buyer default, the (previous) seller can always initiate foreclosure action and take the house back from the second position. The buyer benefits since they don’t have to go through the arduous and time-consuming chore of trying to get a bank loan; this is especially true if the buyer has a low FICO score or other credit or background issues.

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D. Buying a property “Subject-To”. What this means is that the REIer essentially takes over the seller’s remaining mortgage balance (thereby effectively “assuming the loan”) without making it official with the lender. This is a popular strategy among REIers, especially in an era of rising interest rates, since the loan being assumed probably carries a lower interest rate compared to a new (bank) loan.

Savvy REIers often employ the Subject-To method to take the place of a hard money loan. However, most REIers limit the use of Subject-To loans to relatively short-term time frames, i.e. for a few months until the REIer can either refi the loan or sell the property as part of a fix-flip strategy.

E. Hard Money: A hard money loan refers to asset-based financing where the borrower receives funds that are secured by real property. In most cases, private investors are the biggest suppliers of hard money capital, which are then funneled through hard money brokers.

While the terms (interest rate, points, time frames) of hard money loans may vary, there are several common characteristics: they are usually easier to obtain vs. a conventional bank loan; credit scores and income verification are not as important as the asset value involved; they are usually for shorter time frames (say for 6-24 months); while they charge higher interest rates, the good news is that they often can fund pretty quickly if the deal is right. They usually focus on the ARV (After Repair Value) to determine the loan terms, including important factors such as the rehab blueprints, scope of work, etc. They usually prefer to work with experienced rehabbers who have a clear plan to repay the loan within the specified time frame.

F. Cross collateral loan. This REI method assumes you already own a rental property free and clear. You want to buy another rental property. A cross collateral loan allows you to use the 100% equity in the existing property as leverage to acquire the new property you want to purchase. With cross-collateralization, the lender places a lien on both the new property and your existing property. In this way, the lender receives adequate security should you default on the loan. Basically, cross-collateralization allows you to sidestep the normal down payment requirement and/or having to take out a brand new (bank) loan.

G. Retirement accounts: Use your self-directed IRA, Roth IRA, 401-K, corporate plans as investment capital, where it is legal, prudent and appropriate to do so. Utilizing a self-directed retirement plan can empower a REIer by boosting their retirement savings, one deal at a time. Since we are talking about your retirement money, an extra degree of caution is called for. You need to possess excellent due diligence and underwriting skills in order to properly assess the potential risks involved.

H. Cash-Out Refinance. If your personal residence has a good amount of equity in it, you can unlock that equity via a cash-out refinance by tapping some of that equity. Make sure you fully understand the implications of such a loan should things not go well with your anticipated new investment. A cash-out refi may feature (more) favorable interest rates compared to a hard money loan. Also, the interest you pay is tax deductible. You need to do a risk/benefit analysis before going down this road. Regardless, if a REI deal looks very promising, and you require fast capital to make it happen, a cash-out finance can be a good way to go.

I. 203-K Loan: This unique FHA mortgage enables you to finance both the purchase (or refinancing) of a house and the cost of its rehabilitation through a single mortgage or to finance the rehabilitation of their existing home.

1. Pros:

a. Lower credit score allowed
b. Smaller down payment requirements (as low as 3.5%)
c. Can provide temporary housing while a home is being repaired
d. Lower potential interest rates, compared to similar loan types
e. Ability to combine home purchase and renovations into a single loan

f. Low down payment and credit score requirements

2. Cons:

a. FHA mortgage insurance required
b. FHA loan rates may be higher compared to conventional loans
c. Process may require meeting with a 203(k) repair consultant
d. More extensive repairs require more paperwork
e. Potential for the additional cost of architectural assessments
f. Property must be your primary residence
g. You must live in the home for 12 months before selling or renting it out

J. More creative financing methods to consider include:

1. Approach friends, relatives, etc. Options can include debt or equity.

2. Equity investors. The advantage here is that you do not have to make monthly payments because there is no loan. When the deal is done, some sort of profit split is made to compensate the investor(s).

3. Credit card advances. This can be an expensive gambit. It is only to be undertaken when you are very sure of positive, short-term outcomes. The bank may charge several points and up to 29% interest rates, so be very careful with this one.

4. Joint venture: you bring the deal, they bring the money, split the profits at the end. This is a variation on an equity-type investment.

5. Hypothecate (borrow against) a mortgage note you own. Basically, you take out a loan by pledging the note, thereby using it as collateral to secure the loan.

6. Personal asset loans: pawn some jewelry; get a car title loan, etc.

Down Payment Assistance Funding Program

Are you a Real Estate Investor Pro (REI Pro) who has a property you want to buy, with a 70% LTV or better, but you lack some of the Down Payment (DP) money needed to close the deal? You need say, 25% DP, but can only come up with 10% and need 15% more (DP money.

The good news is if your deal meets our standard criteria (70% LTV or better = 30% or more equity in the deal, etc.), CTF can provide the missing 15% in DP funding. By not having to put out all your own capital into DPs–especially if you are low on cash–you’ll be able to do more deals. With your DP source already in place, it will shorten your time for getting positive confirmation from your primary lender, and for getting more deals successfully closed.

For more information about Tod Snodgrass, please visit: https://creativetransactionfunding.com.

Thank you.

Tod Snodgrass, President
Creative Transaction Funding LLC
8322 El Paseo Grande
La Jolla, CA 92037
310 408-7015
https://creativetransactionfunding.com

Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.