To find out how to negotiate around rising real estate prices, and to learn the best places to invest in real estate in 2022, register today. Don’t miss out! [email protected] people buy the best rental properties is the passion of Adiel Gorel, owner of ICG.
In 2021 the housing market experienced rising real estate prices, which soared to an unsustainable 18.8%. At the end of 2021, the average 30-year fixed mortgage rate issued was 3.11%. And as of the most recent assessment, that 30-year rate is up to 3.92%. Let’s look at why this indicates a good time to buy.
“The method that I believe works well for most of us is what I call Remote Control Retirement Riches, and the expertise and responsibility of understanding the fluctuations in rising real estate prices, and negotiating purchase prices can be trusted to a good broker.” -Adiel Gorel, Owner of International Capital Group
Local expert real estate brokers know the rental properties for sale in that particular market, during rising real estate prices and plummeting real estate prices alike.
Adiel Gorel, owner of International Capital Group has helped thousands of first-time investors, and season investors alike gain financial freedom despite rising real estate prices over 39 years of enacting Gorel’s method of Remote Control Retirement Riches, the same name as his book.
Gorel is hosting a free virtual event for you to answer the big questions for us; what are the best places to invest in real estate 2022, especially considering rising real estate prices, what is available right now, and what the experts are showing many of whom will be at this pivotal upcoming event. Don’t miss out, click icgre.com/guide.
At the ICG event local brokers, from the hottest markets are there to bring ICG deals that they have already negotiated these deals with the builders for you. It is already done for you, by the people who know how to do it best.
Let’s look at where most people make their mistakes and miss their big opportunity to create remote retirement riches and end up at the back of a waitlist. Most of us have no idea that anyone besides big investors can negotiate directly with the builders.
This is crucial for you because first-time investors and more seasoned investors alike are amazed at how many builders don't want to sell to people buying investment property at all. Season investors agree it’s unlike any other buying time in recent history, rising real estate prices are due to multi-faceted trends such as supply chain disruptions, the pandemic, and of course the huge percentage of us who are remote working. All of these megatrends are contributing to rising real estate prices.
Getting into a 30-year-fixed rate loan, where your renters pay off the loan for you, month after month, while inflation constantly erodes the real value of your debt, can provide you with what Adiel Gorel calls Remote Control Retirement Riches. Because once you buy, you do the hardest thing… you do nothing. You let the management company run the show and you let the renters pay off your mortgage, and rising real estate prices will incentivize your renters to stay longer. Then you capitalize on how much inflation has eroded the value of your loan over time, making it so relatively tiny, that you can use it to retire with more abundance than you ever imagined.
Negotiating with the builders helps to skip the waiting lines for newer homes as rising real estate prices are further driving investors to buy now. Sometimes there will still be waiting lines if inventory is short. From the builder’s perspective, the rising real estate prices have only increased the demand as rising real estate prices are driven in part by a lack of available building supplies and other megatrends. So for the builders, there's the notion that selling to a homeowner is much better for them because they feel the homeowner is more committed to the house than an investor might be. The builder’s mindset is that the homeowner inspired by the rising real estate prices is going to be living in the house, while an investor could change their strategy for a better deal, at any time.
At the upcoming ICG live event; many of the guest speakers, who are brokers, bring the current rental properties for sale, so you can take action right away. The deals have been pre-negotiated for you. Once again, leaving the negotiation to the local experts and enacting the Remote Control Retirement Riches business model.
Even during rising real estate prices we still desire having a yard, and room for a home office. This desire continues to rise as more and more of us are remote working. Many families who aren’t in the position to buy a home, right now, let alone one with a yard, and room for a home office or two are turning to renting single-family homes long-term. This is a massive opportunity for you to build your wealth by investing in what the masses are looking for – the single-family home. When you invest in a single-family home with a fixed-rate 30-year-loan, you make inflation your friend and you provide a family with a home they can thrive in for years, as they pay off your mortgage essentially building your wealth as real estate prices continue to rise, your fixed-rate loan makes inflation your friend. Inflation just keeps eroding the value of your loan until it seems so small you are over time getting a good cash flow from the property.
“With large populations of the workforce moving out of the cities and into the suburbs, and can live anywhere. Many aren’t ready to afford homeownership and make perfect long-term renters. It’s actually a great time to invest in single-family homes as rental properties.” –Adiel Gorel, owner of International Capital Group
Rising real estate prices, and inflation will keep renters from moving for longer than the average. And the 30-year fixed-rate loan makes inflation erode the real value of the loan day after day, while the tenant is paying off that loan. ICG will be hosting the live zoom event soon. Register under Events at ICGRE.com to find out the best places to invest in real estate in 2022 even during rising real estate prices which are here to stay for some time.