7 Ways the Election Will Change the Real Estate Investing Game | E266
The Rich Somers Report
Rich Somers
5.0 • 1K Ratings
🗓️ 9 November 2024
⏱️ 13 minutes
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| 0:00.0 | Hey guys, real quick, before we get started for the first time ever, I am hosting a free |
| 0:03.8 | two-day boutique hotel investing challenge Saturday, Sunday, November 9th and 10th, outlining |
| 0:09.3 | exactly how you can get started investing in boutique hotels and taking advantage of the |
| 0:13.7 | tightening Airbnb regulations that are occurring across the country. You do not want to miss this |
| 0:18.3 | challenge. I am only opening it to the first 100 people that |
| 0:21.6 | register. Go to hotelinvesting.com slash webinar to save your seat. Now let's jump into the show. |
| 0:28.2 | In today's episode, we are going to talk about the seven ways the election will change the real |
| 0:33.2 | estate investing game. We just came off of a big election week and there's going to be a lot of changes |
| 0:39.3 | coming over the next four years. And I'm excited to talk about what these changes are going to do and |
| 0:44.7 | what it means to you if you are investing in real estate or you plan to invest in real estate or maybe |
| 0:50.0 | you're just out there as a homeowner and you're curious about what these changes might be. |
| 0:54.4 | This episode is going to be for you and make sure you stay tuned to the end because the last one, |
| 0:59.1 | the seventh change that I'm going to put out there is going to be the most key and the most |
| 1:03.6 | important one that I think is going to change the landscape for the game. |
| 1:08.0 | Anyways, I think it's important to first remember the last 30 months, |
| 1:11.8 | we have been in a high interest rate environment. The rates have more than doubled for |
| 1:16.6 | essentially two and a half years. And for a lot of us that are playing the game every single |
| 1:20.7 | day, we get used to it. And so I personally have gotten used to this grind. But, |
| 1:25.6 | you know, let's face it. It's been a lot of uphill |
| 1:29.1 | battles and it's been a lot of headwinds to navigate. Lending has dried up. There's not as much |
| 1:36.7 | natural appreciation with a lot of these assets. So you really have to focus on operations and |
| 1:41.5 | forcing your appreciation and all that good stuff. We've seen some |
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