07/31/2023
π¨π¦π IMPORTANT INSIGHTS ππ¨π¦
π€ Bonus tip at the end π€
Average rental prices around versus landlord mortgage payments. This is a very interesting read. Point to note, this data is calculated assuming a 20% down payment and a 5.04% rate amortized over 30 years. Not everybody is doing 20% down, getting a 5.04% rate and amortization of 30 years.
The above data simply shows that your average real estate investors are now out of the market. Real estate is no more lucrative for them. Remember, you have to be fu**ing badass in your real estate investing strategies to thrive. Otherwise, you will be intimidated by buzzwords like oh recession, oh downturn, oh crash, blah blah.
Thriving in the real estate market requires a comprehensive understanding of the industry, a diligent approach to research and analysis, and a willingness to be adaptable and patient in your investment journey.
Bonus tip: Start taking Shankhpushpi and thank me later. Not medical advice though.