Skyrocketing Lumber Prices Are Increasing Home Prices (Florida Client Case Study)
Bruce Weyer shares his research on rising lumber prices that are increasing construction costs for real estate. Bruce is a client who has purchased rental properties in Dayton Ohio and Palm Coast Florida and shares his experience and investing strategy.
0:00 Introduction to Bruce Weyer
2:48 Southern yellow pine demand is huge in Florida
3:25 The mills were slowing due to COVID but demand was booming
5:27 Bruce has seen prices double for lumber
6:15 Regression to replacement cost
7:15 Bruce thinks lumber prices will stay high
10:35 Bruce's rental property portfolio
11:35 Bruce used mortgage sequencing strategy to maximize debt
13:18 Why he invested in Palm Coast
15:44 Bruce utilized the Care Act to withdraw from his IRA
19:58 Bruce cash-out refinanced their primary home at 2.75%
22:55 Your tenant is paying 33-40% of their income to you
Learn More: https://www.jasonhartman.com/
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#lumberprices #homeprices #floridarealestate
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1:47
WEWS
5 years agoRising lumber prices are costing homeowners
2 -
1:55
KTNV
3 years agoRehabbers, home buyers slammed by soaring lumber prices
452 -
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10 months agoFlorida Real Estate Market 2023: Skyrocketing Home Prices and Unaffordability Explained!
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4:30
WXYZ
3 years agoLumber prices nearly four times higher than last year, hurting home builders & buyers
33 -
0:30
WFTX
3 years agoRehabbers, home buyers slammed by soaring lumber prices
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1:35
WCPO
3 years agoSoaring lumber prices hitting homeownes, builders
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1:54
WCPO
3 years agoInsane lumber prices hurting homeowners
961 -
14:28
ninjaman1994
9 months ago[2023-08-18] Lumber Prices - THIS is What Will Happen Next
221 -
31:13
Lee Brickey-Real Broker
1 year agoFlorida Housing Market Getting WORSE
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2:24
WEWS
2 years agoLumber prices are down from their pandemic peak, but the cost is still 'asinine,' local builder says
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