Creating Wealth Real Estate Investing with Jason Hartman 1142: Make Ready Costs, Inflation Over 20 Years & March's Mortgage Update
Jason Hartman and Adam take a look today at some sectors of society that have been hit hard by inflation and deflation over the past 20 years. Technology has done a good job at keeping the cost of many things in check, but not every sector is reliant on it so some areas have seen skyrocketing costs.
The two also answer listener Brian's question about determining what costs you can hold back from your tenant when you're doing a make ready after the tenant moves out and give out the March Mortgage Minutes from Lender Aaron.
Key Takeaways:
[4:02] A look at inflation for the last 20 years, by sectors
[8:42] The overall inflation in the past 20 years is roughly 56%
Adam's Mortgage Update:
[12:18] Investors with good credit are looking at mortgage rates in the mid-5%
[15:33] The rate of mortgage applications has been pretty steady over the past 12 months
Jason & Adam:
[22:49] How the Service as a Software (SaaS) has been impacted by inflation
[27:28] Some make-ready tips to save you money in the long run
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