I was curious about what “those in the know” were talking about for 2018 in terms of trends and things to watch.
There are a ton of opinions on this every year around this time, but I found one that looked fairly reasonable – and, for once, didn’t say a thing about blockchain, thankfully.
The piece looked at 6 predictions in particular that they thought made sense.
Since having a sustainable REI business relies on being ahead of the curve, I thought I’d pass them on.
Prediction #1: The pace of sales will slow early in the year—but not for long.
They believe that several provisions in the recent tax bill signed into law by President Trump will directly impact housing, including changes to both the mortgage interest deduction and to property tax deductions.
And, that other provisions will impact how much money people have, in a good way, which means more disposable income for the masses.
They believe this will continue to support strong and even increasing demand, as renters who would like to buy may now have the…
Dennis Fassett
earned a BS in Economics and followed that up with an MBA in finance. After working and corporate finance and banking for several years, he started buying single family houses, and quickly built a very nice portfolio of cash flowing rentals. When the credit markets started to dry up and he couldn’t get any additional single family mortgages he shifted his focus to apartment buildings. He now has over $3 million in rental real estate. He manages most of it his self and still has a day job. Dennis has even created his own Private Equity fund to buy apartment buildings.