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Real Estate Investing with Keith Weinhold



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Rent vs. Price Relationship, House Prices 1963-Present

• 40 min

Learn the housing price level every year from 1963 to present with an entertaining retrospective - from $18K to $372K. Top takeaways over time: 1) Real estate usually goes up. 2) Real estate does not always go up. Housing rents and prices often correct toward each other. Home prices are rising globally. The highest: Turkey, New Zealand, Luxembourg, and Slovakia. Some of the lower rises are in East Asia. Canadians can hardly believe that Americans get 30-year fixed rate mortgages, 1031 Like-Kind Exchange. Redfin CEO Glenn Kelman believes that high housing demand is cooling off and the market is normalizing. Building a home has never been more expensive. I cover a case study for you about how new-build Boise single-family ranch homes had a sale price increase of $472K up to $747K over the last two years. Your tenant is probably doing better this year than last. Unemployment is down to 5.8%. Rent amounts are more stable than home prices. I draw the line. Current rent vs. own dividing lines are 0.7% RV ratio and $250K purchase price. You can still find decent $100K - $150K properties in: Memphis, Little Rock, Cincinnati and Dayton.  Resources mentioned: Median New House Prices (Census, HUD): Bloomberg: Global Home Price Rise: Music samples used with permission. Show Notes: Get mortgage loans for investment property: JWB’s available Florida income property: Ali Boone’s Recommended Book: EQRPs: text “EQRP” in ALL CAPS to 72000 or: By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. Best Financial Education: Get our free, wealth-building “Don’t Quit Your Daydream Letter”: Top Properties & Providers: Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold

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