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Better Than Success Real Estate News Briefing

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Better Than Success Real Estate News Brief for Oct 11 2021

Every week, the team at Better Than Success round up the biggest and most important news, policy changes, funding sources and investing opportunities for real estate investors and small business owners. It's the market information you need to know before pulling the trigger on your next or first investment. Find each article mentioned in episode 19 below...   Mortgage rates could rise if the Fed starts tapering next month: What to do now https://www.msn.com/en-us/money/realestate/mortgage-rates-could-rise-if-the-fed-starts-tapering-next-month-what-to-do-now/ar-AAP6RX6   Could the Race to Space Create New Housing Opportunities? https://rismedia.com/2021/10/04/race-space-create-housing-opportunities/ As Opportunity Zone Window Closes, The Case For Investment Is Stronger Than Ever https://www.forbes.com/sites/forbesbizcouncil/2021/10/05/as-opportunity-zone-window-closes-the-case-for-investment-is-stronger-than-ever/?sh=727f1c3255f5 On Wednesday’s event, The Most Common Problems Developers Face on Their Construction Projects and How to Avoid Them with Jamil Soucar,  he shared 4 common problems that developers face in their construction projects. He introduces the acronym HOME with 4 tips to use on your next construction project: H - Have a clear, accurate and complete understanding of the scope of work that you would like to do before you get the project to the contractor.   O - Open your mind, there will be change orders. Put in a 10%-15% extra budget in case this happens.    M - Mitigation. In this process, the relationship with your architect and contractor is very important, each of you need to collaborate with each other in order to provide an effective resolution.   E - Expedite. Don’t let things drag in construction. Get a professional who can handle your project. To see our upcoming events, visit betterthansuccess.com/events.

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