41 min

War Against STRs, Tenant Retention, Mortgage Lessons Get Rich Education

    • Investing

Residential real estate has greater usefulness and is easier to understand than: agricultural, office, retail, industrial, and warehouse real estate sectors.
Tenants are staying in both SFRs and apartments longer than before. I discuss three reasons for today’s longer tenant retention trend.
Higher mortgage rates correlate with higher home prices. In fact, in the nine times mortgage rates increased 1%+ since 1994, home prices rose seven of those nine.
During recessions, mortgage rates typically fall. Both are opposite of what most people think.  
Resort communities are almost declaring war against short-term rentals. I explore the depth of the problem and discuss solutions.
Are the wealthy at fault? 
People that grew up in an area cannot afford housing in these STR hotbeds.
Resources mentioned:
Show Notes:
www.GetRichEducation.com/416
How to Raise The Rent and Keep Tenants Happy (Video):
https://youtu.be/sqFwbn4yFhA
40-Year Mortgages:
https://www.housingwire.com/articles/newrez-
debuts-40-year-non-qm-mortgage-product/
Get mortgage loans for investment property:
RidgeLendingGroup.com or call 855-74-RIDGE 
or e-mail: info@RidgeLendingGroup.com
JWB’s available Florida income property:
www.jwbrealestate.com/gre or (904) 677-6777
To learn more about eQRPs: text “GRE” to 307-213-3475 or:
eQRP.co
Available Central Florida new-build income properties:
www.b2rdirect.com
Analyze your RE portfolio at (use code “GRE” for 10% off):
MyPropertyStats.com 
Best Financial Education:
GetRichEducation.com
Get our free, wealth-building “Don’t Quit Your Daydream Letter”:
www.GetRichEducation.com/Letter
Our YouTube Channel:
www.youtube.com/c/GetRichEducation
Top Properties & Providers:
GREmarketplace.com
Follow us on Instagram:
@getricheducation
Keith’s personal Instagram:
@keithweinhold
 

Residential real estate has greater usefulness and is easier to understand than: agricultural, office, retail, industrial, and warehouse real estate sectors.
Tenants are staying in both SFRs and apartments longer than before. I discuss three reasons for today’s longer tenant retention trend.
Higher mortgage rates correlate with higher home prices. In fact, in the nine times mortgage rates increased 1%+ since 1994, home prices rose seven of those nine.
During recessions, mortgage rates typically fall. Both are opposite of what most people think.  
Resort communities are almost declaring war against short-term rentals. I explore the depth of the problem and discuss solutions.
Are the wealthy at fault? 
People that grew up in an area cannot afford housing in these STR hotbeds.
Resources mentioned:
Show Notes:
www.GetRichEducation.com/416
How to Raise The Rent and Keep Tenants Happy (Video):
https://youtu.be/sqFwbn4yFhA
40-Year Mortgages:
https://www.housingwire.com/articles/newrez-
debuts-40-year-non-qm-mortgage-product/
Get mortgage loans for investment property:
RidgeLendingGroup.com or call 855-74-RIDGE 
or e-mail: info@RidgeLendingGroup.com
JWB’s available Florida income property:
www.jwbrealestate.com/gre or (904) 677-6777
To learn more about eQRPs: text “GRE” to 307-213-3475 or:
eQRP.co
Available Central Florida new-build income properties:
www.b2rdirect.com
Analyze your RE portfolio at (use code “GRE” for 10% off):
MyPropertyStats.com 
Best Financial Education:
GetRichEducation.com
Get our free, wealth-building “Don’t Quit Your Daydream Letter”:
www.GetRichEducation.com/Letter
Our YouTube Channel:
www.youtube.com/c/GetRichEducation
Top Properties & Providers:
GREmarketplace.com
Follow us on Instagram:
@getricheducation
Keith’s personal Instagram:
@keithweinhold
 

41 min