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Ivy Zelman’s Insights at the Fairway Economic and Housing Summit

Fairway Economic and Housing Summit - Ivy Zelman

This is only one session from the outstanding series of presentations during the Fairway Economic and Housing Summit on December 17. The full event featured presentations by the following. You can watch the replays on YouTube here:

Barry & Dan Habib
Dave Stevens 
Ivy Zelman
Chris Whalen
Rob Chrisman
Mike Fratantoni

Moderated by Nicole Rueth, Sarah Middleton, and Peter Beanland.

Follow along with this presentation from Ivy Zelman. (PDF)

About Our Featured Presenter:

As CEO of Zelman & Associates, Ivy Zelman leads the preeminent boutique research and investment firm dedicated exclusively to the housing industry. Founded in October 2007, the firm is known as a thought leader across all facets of the housing spectrum. Ivy’s concept for Zelman & Associates remains strongly rooted in the ability to perform thematic research overlaid with proprietary surveys to produce unparalleled differentiated research. Ivy is frequently quoted in The Wall Street Journal and appears occasionally as a guest on CNBC. For the past 22 years, Institutional Investor has recognized Ivy for her industry-leading analysis. Most notably, Institutional Investor’s All-America Research Team rankings placed Ivy and her team with eleven 1st place rankings. Ivy reinforced her dominant reputation in the industry by calling the top of the real estate market in 2005... and the bottom of the housing market in January 2012. Ivy received a Bachelor of Science from George Mason University.

 

The Rueth Team of Fairway Independent Mortgage Corporation
750 W Hampden Avenue, Suite 500
Englewood, CO 80110 303-214-6393
www.TheRuethTeam.com

Connect on social media:
Follow me on Facebook:
https://www.facebook.com/theruethteam/
Twitter:
https://twitter.com/nicolerueth
Linkedin:
https://www.linkedin.com/company/the-...
YouTube Channel:
https://www.youtube.com/channel/UCPMdb94tUNMMsUTgdWRMDKw

 

December 2020 Real Estate Tips Round Up

Real Estate Tips from Nicole Rueth - December 2020

Three tips here: Good Buy or Goodbye, Making Money in Your Sleep, and Interest Rates Aren't Why It's Time To Buy - Building Equity Is.

When someone asks, “Is this property a good buy?” Or  “Should I be saying goodbye and invest elsewhere?”  It’s not as easy as giving a quick yes or no. Most of the time there's not a straightforward answer because each person is starting from a different place have different long term or short term goals. So what is a great property for one isn't necessarily the best for someone else.

The single most considered factor of any investment is Cash Flow.  I am often asked, “What is a good cash flow?”. My answer is always the same...Positive. How much cash-flow is needed is subjective. Maybe you’re living in the property and house hacking so you don’t have to pay rent, or it could be a multi-unit that is cash-flowing so well it will pay itself off in 15 years instead of 30. Maybe it’s earning just enough cash to cover the mortgage, insurance, taxes, and maintenance, and nothing more....but it’s a long hold investment strategy...and that works too.

With a positive highlight from this year being consistent low-interest rates, you may not realize how your home is working for you already. You may be making money in your sleep. And if you haven't purchased a home yet or refinanced the one you want to stay in, this is the time.  Align yourself with an experienced Realtor so they can help you realize your dream of owning real estate, or making more money in equity from the property you already own.

Listen to this valuable round up to shift your thinking and start building wealth.

Let your home help you make money in your sleep.

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With a positive highlight from this year being consistent low-interest rates, you may not realize how your home is working for you already. You may be making money in your sleep. And if you haven't purchased a home yet or refinanced the one you want to stay in, this is the time.  Align yourself with an experienced Realtor so they can help you realize your dream of owning real estate, or making more money in equity from the property you already own.

 

Financial Independence for Early Retirement through House Hacking

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Nicole's guest today is Zeona McEntyre. In this episode, they talk about house hacking to financial freedom. House hacking is the way that Zeona thought to be financially independent. And her role now is really just to help empower people, inspire people and get them excited about what's possible. People they think, "Oh yeah, financial independence or early retirement, that's for other people, that can't happen for me. Or if I'm going to do that, it's going to take me 15 years." But she did it in two years with house hacking. She also believes it's really doable in five and traditional people that are doing just financial independence with index funds, they do it in about 10. So it's almost about just knowing it's possible and then allowing yourself to have that.

In this episode she talks about the foundations of financial independence. Some of the kind of like misnomers or confusion around it. She'll go into why, why would you want to house hack? Why would you want to share your home if it's your COVID palace, why would you want to do that? It better be for a good reason.

Shen then goes through four strategies that you can use, like four different ways you can house hack, as well as some case studies and resources at the end.

Zeona's story:

It all started when... Zeona's best friend got laid off from a big time job in New York City and could no longer afford his apartment. He called her one day excited to share his decision to travel with his new found "funemployment" funds and rent out his apartment on this website he just heard about called Airbnb. That was 2011....

After much persuading she finally decided to give it a try and never looked back!

Fast forward nearly 8 years and a whole lot of hospitality magic later. Zeona now owns seven properties, manages 20 (& counting! worldwide). She teaches others how to invest in properties with Airbnb in mind & create automated businesses. She lives in Boulder, CO half of the year and spends the other time traveling the world as an International Pet/House sitter.

Don’t Be Afraid of No from Your Lender

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There's No Bubble to Burst
I keep hearing that people are waiting for the Denver market to cool down to buy or sell. But is that the best plan? Appreciation is at 6.9% year to date, which mean phenomenal growth for those who have purchased and opportunity for those just diving in. How do I know? Because three years ago I was sitting in my backyard saying nearly the same thing. The difference between now and then? Low interest rates.

Know What Your Getting
So often clients will come to us and be scared or timid in asking questions. But I'm here to say, as the top lender in the state, you should ask every question you have and leave nothing on the table. Because sometimes a few answers can make all the difference in your lending outcome. You should be confident in your lender.

Know Your Loan Options Renovation, CHFA, Jumbo, Conventional, FHA, USDA, and VA

Know Your Loan Options FHA, USDA, and VA

This is a recap of the tips in September. They include information about all types of loans, limits, how they benefit you including Renovation, CHFA, Jumbo, Conventional, FHA, USDA, and VA.

I mean who are Fannie Mae and Freddie Mac?

(Hint: Unfortunately not the neighbors down the street)

As consumers we all want to make sure we understand .. and can take advantage of, our options. Particularly when it’s funding possibly the largest purchase you've ever made! Yet with so many loan options how do you know where to begin?!

Renovation loans are a great option for those who have purchased a home or investment property that needs a bit of TLC. Take advantage of the great appreciation we've had to make your current home your forever home. Old musty carpet and overly patterned tile might go out of style, but leveraging the wealth you've gained by owning your home hasn't.

CHFA - we all need a little help sometimes.

As a home buyer you have to bring money to the closing table no matter what loan option you choose....but what if the majority of that could come from the state? That’s right! There are so many opportunities to become a home buyer with as little as $1000 cash coming from your pocket. Owning your home can provide so many advantages. Don't let the amount you need to bring to the table stop you. Set yourself up to be 48 times wealthier by starting the home loan application process today!

The Gang's All Here: Fannie, Freddie, and now Ginnie Mae

Ginnie Mae is the one stop shop for first time home buyers. FHA, VA, and USDA, encompassed 67% of their loans just last year. Distinctive in income, location or past service, you can open a plethora of perks if you qualify. By placing only 3.5% or even 0% down, home and even investment opportunities are closer than you think, even if you don't have a high credit score. Make sure you have a loan officer that knows how to be creative, because the potential SAVINGS are huge.

We're here if you need more information to help you decide which loan fits you.

Nicole Rueth

The Rueth Team of Fairway Independent Mortgage Corporation
750 W Hampden Avenue, Suite 500
Englewood, CO 80110
303-214-6393
www.TheRuethTeam.com
Connect on social media:

Follow me on FB: https://www.facebook.com/theruethteam/

Twitter: https://twitter.com/nicolerueth

Linkedin: https://www.linkedin.com/company/the-rueth-team-fairway-independent-mortgage/

YouTube Channel: https://www.youtube.com/channel/UCPMdb94tUNMMsUTgdWRMDKw 

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