42 min

Rents Are Skyrocketing—Here’s Why Get Rich Education

    • Investing

Rents are spiking 13-15% annually in America today. When they rise, they rarely ever fall again. This is why rent amounts are called “sticky”. Learn why. Even when I was a landlord during the GFC fifteen years ago, my rents didn’t fall.
Rents are skyrocketing due to:
Low housing supply Higher prices Higher interest rates Demographics. 25-34 year-olds are in prime household formation years. They want their own place. This is America's most populous age cohort. Next, I talk with an Alabama / Florida builder about how he overcomes today’s material supply chain and labor shortage difficulties.
They have a 93-day build time.
How? They store windows so that they cannot run out. 
Cabinets have been a problem so bad that they’ve had to leave homes 99% complete until cabinets were ready. 
Lumber and petroleum product price volatility has been a challenge.
They have their own division for titling vacant land for future building. 
Alabama has America’s 2nd-lowest property taxes. As an out-of-state investor, you get to pay property tax in the state where you own property, not where you live.
To get started with Alabama income property, start at: www.GREmarketplace.com/Alabama
This build-to-rent provider uses fixtures like: LVP, granite or quartz countertops, stainless steel appliances.
LTRs and STRs will be available shortly. Start at: www.GREmarketplace.com/Alabama
Resources mentioned:
Show Notes:
www.GetRichEducation.com/395
Get started with new-build AL & FL long and short-term rentals:
www.GREmarketplace.com/Alabama
Get mortgage loans for investment property:
RidgeLendingGroup.com or call 877-74-RIDGE
JWB’s available Florida income property:
CashFlowAndGrowth.com
To learn more about eQRPs: text “GRE” to 307-213-3475 or:
eQRP.co
By texting “GRE” to 307-213-3475 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.
Make passive income with apartment and other syndications:
www.B2Rdirect.com
Best Financial Education:
GetRichEducation.com
Get our free, wealth-building “Don’t Quit Your Daydream Letter”:
www.GetRichEducation.com/Letter
Our YouTube Channel:
www.youtube.com/c/GetRichEducation
Top Properties & Providers:
GREmarketplace.com
Follow us on Instagram:
@getricheducation
Keith’s personal Instagram:
@keithweinhold

Rents are spiking 13-15% annually in America today. When they rise, they rarely ever fall again. This is why rent amounts are called “sticky”. Learn why. Even when I was a landlord during the GFC fifteen years ago, my rents didn’t fall.
Rents are skyrocketing due to:
Low housing supply Higher prices Higher interest rates Demographics. 25-34 year-olds are in prime household formation years. They want their own place. This is America's most populous age cohort. Next, I talk with an Alabama / Florida builder about how he overcomes today’s material supply chain and labor shortage difficulties.
They have a 93-day build time.
How? They store windows so that they cannot run out. 
Cabinets have been a problem so bad that they’ve had to leave homes 99% complete until cabinets were ready. 
Lumber and petroleum product price volatility has been a challenge.
They have their own division for titling vacant land for future building. 
Alabama has America’s 2nd-lowest property taxes. As an out-of-state investor, you get to pay property tax in the state where you own property, not where you live.
To get started with Alabama income property, start at: www.GREmarketplace.com/Alabama
This build-to-rent provider uses fixtures like: LVP, granite or quartz countertops, stainless steel appliances.
LTRs and STRs will be available shortly. Start at: www.GREmarketplace.com/Alabama
Resources mentioned:
Show Notes:
www.GetRichEducation.com/395
Get started with new-build AL & FL long and short-term rentals:
www.GREmarketplace.com/Alabama
Get mortgage loans for investment property:
RidgeLendingGroup.com or call 877-74-RIDGE
JWB’s available Florida income property:
CashFlowAndGrowth.com
To learn more about eQRPs: text “GRE” to 307-213-3475 or:
eQRP.co
By texting “GRE” to 307-213-3475 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.
Make passive income with apartment and other syndications:
www.B2Rdirect.com
Best Financial Education:
GetRichEducation.com
Get our free, wealth-building “Don’t Quit Your Daydream Letter”:
www.GetRichEducation.com/Letter
Our YouTube Channel:
www.youtube.com/c/GetRichEducation
Top Properties & Providers:
GREmarketplace.com
Follow us on Instagram:
@getricheducation
Keith’s personal Instagram:
@keithweinhold

42 min