Description
We are back with Justin Cooper and Joe Massey to chat Denver real estate. We covered a lot of ground, but here are some key takeaways: Interest rates are likely to stay between 6.5-7.5% over the next 1-2 years. I know, not what we were hoping for. But the Fed is determined to fight inflation, so patience is key. We're seeing more inventory and longer market times in the Denver metro area. Sellers can no longer overprice and expect quick sales like in the past. For investors, this means being nimble. Sharpen your pencils, get parade home ready, and price appropriately. Despite headwinds, real estate remains a solid long-term play in my view. It may require some short-term pain like negative cash flow, but staying invested pays over time. Passive options like debt funds also offer stability amid uncertainty. Let me know what you're seeing in your market! How are you navigating the changes this year?
In this episode, you will be able to:
Master the art of pricing real estate investments to maximize returns in any market.
Uncover the hidden impacts of tariffs on real estate costs and how to navigate through them.
Strategize and thrive in the midst of high interest rates in the real estate market.
Elevate your property sale game to stand out in a competitive market.
Stay ahead of the game by understanding the latest rental market trends and household formation patterns.
The key moments in this episode are:
00:00:00 - Impact of Tariffs on Real Estate
00:04:14 - Trump's Presidency and Economic Changes
00:08:19 - Understanding Tariffs and Their Effects
00:13:17 - Impact of Rising Costs on Homebuyers
00:16:29 - Predictions on Interest Rates
00:26:16 - Inventory Trends in Denver Metro Area
00:32:33 - Pricing Strategy and Market Activity
00:38:27 - Risks of Overpricing and Underpricing Property
00:46:40 - Strategies for Real Estate Investors
00:53:13 - The Mortgage Escape Plan book
The resources mentioned in this episode are:
Check out Joe Massey's new book The Mortgage Escape Plan on Amazon for tips on paying off your loan in seven to ten years.
If you're interested in real estate debt investing, reach out to Joe Massey at 303-809-7769 or email him at jmassey@castlecookemortgage.com.
For fix and flip financing, contact Justin at Pine Financial Group by calling 303-916-5366 or emailing justin@pinefinancialgroup.com.
Visit Pine Financial Group's website at pinefinancialgroup.com for more information on fix and flip financing and passive investment opportunities.
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