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STR Unfiltered - A podcast by Bill Faeth - Tuesdays
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STRUnfiltered, Bill discusses the upcoming opportunities in the real estate market as the Fed announces likely rate increases in 2024, urging listeners not to fear changes in interest rates but to focus on cash flow, cash on cash return and the internal rate of return. He believes that the possible rate decrease could shift the market into a seller's market as more buyers enter. For this, Bill encourages preparation, including being bankable and maintaining a strong credit score. He advises listeners to use any equity in their properties to reinvest and potentially increase their income. He also highlights the importance of being selective with properties, suggesting that properties without certain attributes might not return high yields. At the end, he introduces his inner circle program that helps members understand real estate investment better. 00:01 Introduction and Welcome 02:06 Understanding the Opportunity in Rising Interest Rates 03:08 Predictions for Federal Rate Increases in 2024 04:08 Preparing for the Impact of Decreasing Interest Rates 05:45 Importance of Being Bankable and Protecting Your Credit 07:44 How to Prepare for Buying Opportunities in 2024 07:59 Understanding the Importance of Debt to Income Ratio 08:36 Maintaining Good Credit Score and Its Impact 09:59 Predictions for the Real Estate Market in 2024 12:22 Understanding the Concept of Super Properties 13:18 Making Sound Investments and Building Equity 14:07 Closing Remarks and Contact Information Watch this episode on our Youtube Channel Every Tuesday & Friday https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices