Be Free RE: Accelerate to Financial Independence through Real Estate

002 - COVID - What does it mean for RE?


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COVID

  • Short-term looks like the government is propping things up. Prices staying the same
  • Long-term, very hard to know. Either way, you want cash. To weather a storm or to pounce on an oppty
  • Stay healthy!
  • LAND

    • Land is more work, more risk, more reward
    • What would this look like if it was a homerun? Utility hookups done/paid for, Architecture review done/paid for, Environment Impact Assessment done/paid for, House ready to go.. THEN you would buy it.
    • REFINANCING

      • Brokers are people you pay to do work for you. So you will pay more upfront in exchange for a better rate. 
      • To make it easy to price shop, have your docs organized and prepped
      • Make it easy for the appraiser to make your house more valuable
      • ...more
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        Be Free RE: Accelerate to Financial Independence through Real EstateBy John and Tony

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