Friend of Spartan League, Corby Goade explains why you can’t wait for things to happen that are outside of your control. He references, “Oh the Places You’ll Go” by Dr. Suess. You’ll hear this often when people talk about analysis paralysis, especially in real estate. Stop waiting for interest rates to drop, or the market to crash, or to magically find more cash flow. If you’re constantly waiting for life to happen to you, you’re going to be waiting a long time.
This is a conversation I am constantly having with members of Spartan League. Now is an especially great time to make excuses for why you don’t want to make choices because nobody would blame you for not taking action. I can’t tell you how many times I’ve heard, “I’ll wait until the election is over” or “interest rates are definitely going to come down” or my personal favorite, “there’s just not enough cash flow. Stop waiting. Take action. Join Spartan League!
We’re excited to share that the Agent Accelerator Course kicks off on October 23rd, and we’re offering a special $500 discount for early registrants!
This 7-week intensive program is designed to provide you with the practical, proven strategies that have helped us close over $300 million in real estate deals. It’s far more than just a typical agent training.
Here’s what you can expect:
- 7 Weekly Live Coaching Sessions with Lindsey
- Actionable lessons each week
- Exclusive access to a private community of motivated agents
- Downloadable templates and tools used by our team
- And so much more
We’ve kept spots limited to ensure personalized attention for every agent. If you’re ready to take your business to the next level, now’s the perfect time to secure your spot—and save $500!
This week on The David Greene Show, I cover the basics of structuring a fair partnership, go over the pros and cons of paying down a mortgage, and share a small dilemma I’m currently dealing with in, yes, South Florida.
Don’t forget, I’ll be releasing new podcast episodes every week. Your questions are a big part of this, so please feel free to submit them. I’ll do my best to address them in future episodes. You can submit your questions HERE.
As always, the goal of this podcast is to provide real, no-nonsense advice from people who are actually in the trenches of the real estate industry. There’s no fluff, just straightforward information that you can use. If you haven’t already, make sure to subscribe so you don’t miss any episodes. APPLE, SPOTIFY, YOUTUBE
We’re making steady progress on a property I recently purchased. When I flip a property, I usually trust my contractors to make most of the big decisions. However, there are a few things I prefer to handle myself, like choosing the granite colors. The contractors’ main focus is finishing the project as fast as possible, which I understand, but sometimes that leads to decisions being made for convenience rather than what’s best for the property.
For instance, my contractor sent me several granite options, but none of them really fit the vision I had in mind. I asked him to go back to the supplier one more time, and sure enough, they had a countertop that had been returned by another customer, and I was able to get it at a great price. You have to pick your battles with contractors, but don’t feel like you have to agree to everything just to keep things moving. If you know what you want, it’s worth taking the extra time to get it right.
Real estate broker Ryan Serhant predicts the housing market will “roar back” after the upcoming election, with lower interest rates and increased market activity expected by 2025. He believes that buyers and sellers are currently holding off, waiting for the election’s outcome to stabilize the market. Once mortgage rates drop to around 4-5%, Serhant expects more liquidity and confidence. However, financial expert Alex Beene is more cautious, suggesting that while 2025 may be a good year, it’s premature to expect the market to start as strong as some are predicting, especially with interest rates still high.
In September, the labor market outperformed expectations by adding 254,000 jobs, with unemployment slightly decreasing to 4.1% and wages growing at an annual rate of 4%. This strong jobs report gives the Federal Reserve flexibility to either cut interest rates by 25 basis points or pause until December. While the labor market had cooled, it is now closer to a balance between supply and demand. Experts believe corporate investment is helping sustain job growth, and interest rate drops could further stimulate hiring, especially in the housing and retail sectors ahead of the holiday season.
Conventional: 6.875%
VA: 5.999%
FHA: 5.999%
DSCR: 6.875%
If you’re in the market for a loan and need assistance, our team at The One Brokerage is here to help. Visit our website here to explore our loan options and find the right financing solution for your real estate goals and email us at intake@theonebrokerage.com to speak to one of our loan officers.
