Why the 70% Rule in Real Estate Is Killing Your Profits?

🎧 πŸ‹οΈβ€β™€οΈ πŸš— Listen to our podcast on the GO! 🎧 πŸ‹οΈβ€β™€οΈ πŸš—

According to Goldman Sachs, there are three areas affecting demand. 1️⃣ Large Millennial Population 2️⃣ Lack of Workers 3️⃣ Rising Foreclosures In this episode of An Investors Journey, we will discuss these 3 reasons why housing shortage will last for years.

Why might the 70% rule be eating into your profits? πŸ“‰

It impacts how you buy deals, whether you're flipping or wholesaling properties.

It's crucial to know your numbers and be flexible with your approach. The 70% rule is just a guideline, not a rigid rule. Adapt, and watch your profits soar!

Watch the full episode to know more!
πŸ‘‰Β https://youtu.be/1X9mPUGIE_o

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Announcement: πŸ“’

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⏰TIME CODES⏰

0:00 βœ… Why the 70% Rule Is Killing Your Profits
1:14Β  βœ… Scenario 1
1:28 βœ… What is ARV?
2:47 βœ… Scenario 2
6:00 βœ… Different Ways on How We Use This Strategy
6:41 βœ… The Speed of the Price Point
7:10 βœ… Where is the House Located?

Watch the FULL talk Here: πŸ‘‰πŸ‘‰Β https://youtu.be/1X9mPUGIE_o

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πŸ“½ βœ‚ Video editing is done by https://www.instagram.com/directordreday/

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⭐ Here's more on how to invest in real estate: ⭐

πŸš€ Wholesaling Houses Jumpstart Video Series [FREE]

πŸš€ Don't know what's next? Schedule a Discovery Call with the Johns!

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β˜…β˜†β˜… Related Episodes πŸ“Ίβ˜…β˜†β˜…

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DISCLAIMERS:

Please always check with a professional before making any moves with your money. These videos are for educational purposes only. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional!

Affiliate Disclaimer: These descriptions usually contain affiliate links. If you decide to purchase a product through one of them, I receive a small commission at no cost to you. I never endorse products that I have not personally used myself or not found to be beneficial in my life.

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