Hellow guys, Welcome to my website, and you are watching Clayton Morris shares how the Affordable Housing CRISIS Just Got Worse | Morris Invest. and this vIdeo is uploaded by Morris Invest at 2023-10-26T08:00:41-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Clayton Morris shares how the Affordable Housing CRISIS Just Got Worse | Morris Invest |
| Video Uploader | Video From Morris Invest |
| Upload Date | This Video Uploaded At 26-10-2023 11:00:41 |
| Video Discription | 📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com The US has been facing an affordable housing crisis for years now. Especially since the Great Recession, the number of homes available has been exceptionally low. And in recent years, the pandemic, rising interest rates, and high rates of inflation have only worsened the matter. Estimates vary on exactly how much housing is needed—but the numbers are certainly in the millions. There are a few reasons why there’s such a shortage in homes. In this video, we’re going to dive into the main factors driving up the cost of housing, plus some realistic solutions that investors can use to bring more supply to the market. ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 Watch Next: How to Create Your Personalized Path to Financial Freedom: https://bit.ly/392kAsB 🏠What's Your Freedom Number? Download our free PDF to help you determine how many rental properties you would need to achieve financial freedom: https://morrisinvest.com/freedom 💵 Ready to get your finances in order? Download the FREE 90-Day Financial Empowerment Bootcamp: https://morrisinvest.com/bootcamp 🎓 Want to learn more about creating your individualized plan to wealth with a proven system? Join us in Financial Freedom Academy: https://financialfreedomacademy.com 👨🏻‍💻 Sign Up for My Webinar: https://morrisinvest.com/webinar ------------ The cost of materials and labor are making it expensive to build affordable housing. The National Association of Home Builders a 9% decline in the sales of new-build homes as of August 2023, citing concerns of affordability. https://www.nahb.org/news-and-economics/press-releases/2023/09/new-home-sales-weaken-in-august-on-higher-mortgage-rates Higher interest rates are impacting purchasing power, putting a halt on homebuying purchases. More and more people are choosing to delay selling their home because they’re locked into lower interest rates on their existing mortgage, further putting a crunch on availability of homes. This is a complex situation, and there is not a straightforward solution to addressing the housing shortage. For decades, policies intended to address the lack of housing have come up short. Because affordable rentals are in short-supply, real estate investors are in a unique position to add relief to the situation at hand. Here are a few ways to relieve some of the pressure of the affordable housing crisis: -Adding more supply to the housing market helps provide homes and reduces the overall inflation of rentals in the market. -Consider offering programs like Section 8 to low-income individuals and families. Section 8 can be a great opportunity for landlords, because it guarantees rental income directly from the government. -Charging a fair market rent. Of course, your real estate investments are a business, and you want to turn a profit. Look for cash flow of around $100, after the mortgage and expenses are paid. But be the type of landlord you would want to have. -Look for special offers, like buydown credits, to help offset costs. -Work with a team that is able to build in bulk in order to keep the overall costs down for everyone involved, from the builder down to the tenant. One of the most important elements of making a solid investment is buying right. And in an affordable housing crisis, that can be difficult to do. Right now is an especially difficult climate since since interest rates are high, supply is low, & homes are overpriced in many markets. At Morris Invest, our new construction rental properties offer positive cash flow, solid appreciation, & massive tax benefits. Because we buy in bulk, we’re able to offer savings that are passed down to the investor. If you’re interested in learning more, you can schedule a free call at: https://morrisinvest.com If you’re able to add affordable housing options to any market, that’s a great way to move the needle in a positive direction. #claytonmorris #morrisinvest #housingcrisis ---------- DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational & inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through & make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful & useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals. |
| Category | Education |
| Tags | real estate investing | real estate investing 101 | the affordable housing crisis just got worse | affordable housing vrisis | real estate | investing in real estate | rental property | real estate investment | clayton morris | morris invest | clayton morris real estate | clayton morris morris invest | real estate investing made simple | real estate market | full service real estate | real estate 2023 | housing market | buy and hold | interest rates | mortgage rates | turnkey real estate |
