About this episode
Get an update on how the work-from-home trend is good for residential RE and bad for office RE.
Office space values are down 17.5% from their recent peak.
Americans must now earn at least $107,281 to afford the monthly mortgage payment on a median-priced home.
The NAR expects 10% home price appreciation this year, 1% in 2023, and 5% in 2024.
The tiny home movement is both architectural and structural. It's defined as a home of 400 sf or less.
Tiny homes are hard to find. In the US today, just 0.3% of listed homes are tiny homes.
You can own a new-build tropical tiny home near the beach in Nicaragua for under $200K.
Our own COO, Aundrea, bought one. She tells us about it.
It's on Nicaragua's west coast. It's not just an isolated tiny home experience.
There's a community with a: restaurant, bar, bird watching area, butterfly garden, viewing tower, yoga area, and communal garden.
Often, loans aren't available for foreigners. Here, you can get 50% or 80% loans.
You can live in this tropical tiny home year-round, or keep it as a short-term rental. The provider can manage your rental.
Resources mentioned:
Show Notes:
Get started with tropical tiny homes at:
Get mortgage loans for investment property:
RidgeLendingGroup.com or call 855-74-RIDGE
or e-mail: [email protected]
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:
Analyze your RE portfolio at (use code "GRE" for 10% off):
Memphis property that cash flows from Day 1:
I'd be grateful if you search "how to leave an Apple Podcasts review" and do this for the show.
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