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Real Estate Rockstars Podcast

SOTM 73 (Part 2): Why We’re Bullish on Real Estate – BiggerPockets’ David Greene

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6864 Ratings

🗓️ 17 May 2021

⏱️ 31 minutes

🧾️ Download transcript

Summary

We keep hearing that the housing market is about to crash, but are we really in a bubble? On today’s podcast with BiggerPockets’ David Greene, we discuss why we’re extremely bullish on real estate. Tune in and find out what the stats spell out for property values, when to expect major metro markets to return to normal, and why Whoppers are one of the best measures of the dollar’s worth. Plus, we talk poker as it applies to real estate and share the best ways to increase an investor’s chances of winning big. Visit hibandigital.com/toolbox Claim Real Estate Discounts, Free Trials, and More Visit hibandigital.com/resources Sponsors Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97 Visit futureofrealestatetraining.com PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial Visit padhawk.com Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List Visit 4closure.info

Transcript

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0:00.0

Your advantage is when you can teach your clients how to play poker.

0:06.4

Because your clients are the ones that are saying I'm only going to buy if I get a pair of

0:09.7

eights. But if you teach them how to play a Jack 10, if you teach him how to play a King Jack, if you teach

0:15.0

them the different ways that you can win with real estate investing, your sales are going to go up

0:19.2

as they play more's a poker. So the question is this, how do most agents find the secrets

0:29.7

to succeed in today's competitive real estate market,

0:32.4

especially when the top agents are keeping

0:34.6

those secrets themselves.

0:36.3

That's the question, and this podcast will give you the answer.

0:39.6

Hi, I'm Erin and Moochistakeeagi and welcome to real estate rock stars, and we are back. If you listen to us a few days ago,

0:59.6

you're going to hear the rest of the interview of David and I talking about the real estate

1:04.5

market and the boom and the bust of it and if you didn't listen to the episode

1:08.9

just a few days ago of me and David go back and listen to that one first before you listen to

1:12.4

this one but now here we go.

1:19.2

Years ago what a house sold for was not directly related to the cost a builder would build it for as

1:26.2

cheap as possible but sales price was whatever houses would sell for and there was

1:29.9

these and sometimes there were giant margins and then near end, it got smaller because land prices would go up.

1:35.5

And I think now as construction costs go up,

1:38.0

the sales price of the home,

1:40.1

if we have a shortage of supply, I think sales prices at home will become more closely related to

1:45.9

replacement value and replacement value is going up because again less labor you know material

1:52.0

costs going up so those are so those are those are the things that are talking about why it's going to continue to go up let me make sure I'm as I share my right screen I've got so many screens

...

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