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Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

How To Get Rich In The 2024 Market Reversal

Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

Wholesaling Real Estate, Rental Property, Real Estate Investing, Investing, Business, Real Estate, Flipping Houses

2.5884 Ratings

🗓️ 27 January 2024

⏱️ 23 minutes

🧾️ Download transcript

Summary

What are your investing and personal goals for 2024?We want to coach you at Wealthy Investor! Book a call with the team here - https://wealthyway.co/yt--Are you living The Wealthy Way? Take the quiz and get FREE access to the “Wealth Builder Academy” where Ryan goes over all the fundamentals of building wealth. https://www.wealthyway.com/Looking to grow in your faith and business? Join Wealthy Kingdom today https://wealthyway.co/dyyWant to partner with Ryan to supercharge your business? Apply...

Transcript

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0:00.0

What's up wealth builders? It's your boy Brian Devilla and this is the very first solo

0:05.3

podcast I'm doing and on this podcast what I'm going to do is share with you how I plan to make

0:10.6

a million dollars in 2024 flipping, wholesaling, and buying rentals.

0:17.2

And I'm going to give you guys everything that I see going on in the market, the strategies

0:21.7

that I'm going to implement, and just break it all down for you.

0:25.6

So let's get right to it.

0:26.5

So first of all, right now, interest rates are down.

0:31.4

So we hit interest rates that were almost at 8 or a little bit above 8

0:36.4

and right now they're hovering around 7. I've seen some in the 6s and to me that's a very important as a house flipper because that means buyers are

0:46.5

going to come back so right now I have about five flips I have let me see there's one on S. G I have two two condos I have a house

1:00.6

on with a pool and then I have another house that I just bought with a

1:05.4

mother-in-law suite. So all the properties that I have right now that have been

1:10.0

listed got offers within two weeks of being listed.

1:14.3

Right?

1:14.7

I had one that was on the market with high interest rates.

1:18.1

As soon as they lowered interest rates, I got offers.

1:20.6

I just listed a fourplex above market value and got two offers within seven days.

1:27.6

So to me what that says is here in Las Vegas the the market is healthy.

1:33.6

And what I think normally happens is we see things slow down in the winter, right?

1:40.8

Every year, things slow down in the winter, they pick back up in the summer, they peak about August, September, and then it goes down as far as how many transactions are happening.

1:51.0

So for me, if that's happening right now where I am getting offers on my listings,

1:57.8

it is making me extremely bullish, I'll be honest.

...

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