🚨 October 2024 Real Estate Wholesaler Alert 🚨
🚨 October 2024 Real Estate Wholesaler Alert 🚨
🔥 1. Foreclosures Are Back On The Rise! The foreclosure wave is building, especially in Florida, Texas, and Ohio. This is your prime chance to scoop up deals on distressed properties! 🏚️ As mortgage rates soar, more homeowners are feeling the squeeze. So, if you’ve been thinking of diving into the foreclosure market, now’s the time to strike! 🤑 Plus, with the surge in demand for affordable housing, rehabbing these deals can turn BIG profits!
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🏛️ 2. New Laws on the Horizon: What’s Hot, What’s Not
  • California’s Proposition 33 📜 is aiming to expand rent control. If you’re holding or flipping multifamily, this could squeeze your returns—watch this space closely!
  • Meanwhile, in Florida, 🏝️ SB 250 has slammed the door on rent control ordinances, keeping the market free and flexible for investors.
  • Want to get a tax break? 👀 The H.R. 9002 bill is eyeing tax credits for converting non-residential buildings into affordable housing. If you’ve got your hands on distressed commercial property, this could be a goldmine! 💰
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💡 3. Creative Deals and Hot Markets Interest rates may be high, but it’s time to get creative. More and more investors are turning to “Sub-to” deals to make things happen! This strategy could be your secret weapon in 2024. ⚔️
Oh, and New Yorkers, NYC’s “City of Yes” Zoning Initiative is rolling out. They’re pushing for easier development and tax incentives for new projects! 🏗️ If the Big Apple’s on your radar, now’s the time to grab a slice of that action. 🍎
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💥 Let’s dominate Q4! 💥 The market is shifting—so stay sharp, stay informed, and let’s make this season a game-changer! 💼 #MessUpAndWin 💋🤌
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Makeba Hart
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🚨 October 2024 Real Estate Wholesaler Alert 🚨
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