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Passive Real Estate Investing

Post-Pandemic Market Update (with a Florida Focus) | PREI 344

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Education, Business, Investing, Entrepreneurship, How To, Business:investing

4.6968 Ratings

🗓️ 22 June 2021

⏱️ 42 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Welcome to passive real estate investing, the show where busy people like you learn

0:05.2

how to build substantial passive income while creating wealth for the long term.

0:09.2

And now here's your host, Marco Santorelli.

0:12.3

Hello my friends and welcome to another episode. Now here's your host, Marco Santorelli.

0:13.1

Hello, my friends and welcome to another episode of passive real estate investing.

0:17.0

I'm your host, Marco Santorelli, and welcome to today's show.

0:21.2

So today's show is a little different than some of the others. I wanted to do a market

0:26.9

spotlight on Florida and some of the markets that we're building new construction homes in. But when I was talking to one of my large property providers

0:36.6

out in Florida who I have today as one of my guests on the show,

0:41.0

we got thinking about doing a post-pandemic market update and we did talk about

0:46.7

markets around the country. So it's kind of a nationwide in general to some degree but there was a little bit more of a focus on the

0:53.4

Florida markets because that is just a hotbed right now for growth and activity

0:58.8

investor interest investor demand to the point where builders have literally stopped taking orders.

1:05.8

Not all of them but many of them and so they are pacing themselves.

1:09.8

Literally they have a term in the industry for how many contracts they take at any given time

1:14.3

whether it be per week or per month. So it's time for a market update with a focus on

1:19.9

Florida and this is coming from a post-pandemic perspective because the last time I had

1:24.5

Jim on was exactly one year ago last June and so it makes sense for us to get caught up.

1:31.1

Now let's remember something about Florida

1:33.2

and one reason why I like the Florida markets so much.

1:37.4

It is one of the best states for real estate investing.

1:41.7

They have stable markets, a very diverse economy, strong

...

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