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Real Estate News: Real Estate Investing Podcast

Don’t get caught off guard by market crashes that can take all your money down with them. And don’t miss out on markets where you can build wealth practically overnight. Real Estate News for Investors with Kathy Fettke is the premiere source for savvy real estate investors who want the edge. Stay up-to-date on new laws, regulations, and economic events that affect real estate. Topics include: market trends, economic analysis that affects housing prices, updates on the best rental markets for investing in single-family rentals or multi-unit rentals, turn-key housing standards, the fate of the highly revered 1031 exchange and other tax law affecting investors, self-directed IRA investing and 401k changes, where rents and property values are rising or falling, flipping risks, new Dodd-Frank rules regarding private lending and financing standards, areas with job losses vs job growth, areas that are overbuilt or over-supplied versus areas with low supply and high demand, and how to avoid real estate scams. We'll bring you the latest reports from organizations like the National Association of Realtors, Realty Trac, Fannie Mae, Freddie Mac, Zillow, Trulia, Redfin, Rent Range, Property Radar, the Norris Group, Peter Schiff, Robert Kiyosaki’s Rich Dad, Suse Orman, Bigger Pockets, Dave Ramsey and more. And we'll help you interpret the data in terms that make sense for your real estate goals, and portfolio. Grow and protect your wealth by staying on the forefront of economic data analysis, expert opinions, innovative investing strategies and profitable investment opportunities. We'll share all the top real estate news stories and the best trade secrets investors should know, so you can stay ahead of the curve and make fully informed real estate decisions. Host Kathy Fettke is Co-CEO of the Real Wealth Network, author of Retire Rich with Rentals and host of the Real Wealth Show on iTunes. She brings decades of media and real estate investing experience, offers her own viewpoints on particular topics, and taps into her network of real estate experts for real world news updates created just for investors like you. Get the real news on real estate on The Real Estate News For Investors Show!
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Real Estate News: Real Estate Investing Podcast
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Apr 14, 2016

It’s being called an “Apple-style product launch.” Tesla knocked it out of the park with pre-sales of it’s new Model 3 electric car. As real estate investors, we’ve got to stay on top of economic trends because property is closely tied to jobs... and Tesla will absolutely be creating them.

Lines were out the door and down the street with people waiting to write a $1000 downpayment to reserve a new Model 3. The launch was so successful that Tesla brought in $276 million in its first weekend. For comparison, the opening weekend of “Star Wars: The Force Awakens” was just $248 million.

The staggering demand reportedly even took CEO Elon Musk by surprise - as this launch came at a time when auto sales in general are down. This is great news for the economy and potentially really great news for real estate investors who know how to take advantage of the trend.

According to Gizmodo, one survey predicted 55,000 pre-orders in the first 72 hours. Tesla blew through that with 276,000 orders in the first 72 hours and 325,000 in the first week — and Bloomberg reports that, ultimately, “reservations might exceed 500,000.” This is being referred to as the sale of the century (ironically, the century is 16 years old and ready to drive!)

Tesla's smashing success is even more impressive when you consider that the company hasn’t built 100,000 vehicles yet, and you can’t even test drive the new model.


While all this is exciting to watch and to discuss at cocktail parties, how does it affect real estate investors?

Get the full transcript at www.NewsForInvestors.com

The post #046 – Tesla Factory Fuels Real Estate in Reno, NV appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

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