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We are due for a snap back in Sales volume
Look at the chart of sales since 2002, the snap backs in sales are sharp and quick. Considering there are 60-70 million more people in the U.S. than in 2002, this pull back in over the last few years in sales has been very extreme. With yield curve uninverting as of today, we are on the path to lower rates which could be what generates the spike in sales that is due.
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We are due for a snap back in Sales volume
What most inspires you to build a successful Real Estate Business?
https://www.skool.com/real-estate-investing-mastery-5026/classroom/a152a522?md=8394517823664b679b0d4382d226ee1b Comment Below
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What most inspires you to build a successful Real Estate Business?
Here are Three of My 12 Week Sprint Goals For My Real Estate Investing Business
1. Sell 25 flips that we currently have in inventory 2. Get at least one Property Per Week in Contract Using The MLS Buying Machine system with a Return on Repair Costs of greater than 125% up to 150%, with a minimum profit of $40,000 per deal Example 1- A house with an After Repair Value of $340,000 and Repair Costs of $30,000 at a 120% ROIC, will need a projected profit of $36,000, but in this case since the minimum is $40,000 the margin needs to be $40,000. Example 2- A house with an After Repair Value of $600,000 and Repair Costs of $60,000 at a 140% ROIC, will need a projected profit of $84,000. The reason why I now use ROIC is because my risk increases as I take on the bigger projects. Hold times can go up, the market can decline in real dollar terms so I want to be compensated for that risk in my flipping business. 3. Convert Direct to Seller CRM, Buyer Websites, and Buyers List Marketing to ReSimplii
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