Housing bears got it wrong 🐻

We’re late! No, not really. We just wanted to test an evening send this week. Fingers crossed. 🤞 Anyway, here’s what we got for you today!…

• Housing bears got it wrong, and the market's still roaring 🐻

• A unique hotel-RV resort combo is coming to Fredericksburg, Texas 🚐

• A Disneyland Haunted Mansion lookalike is the Airbnb of your nightmares (or dreams) 👻

• 🔥 Deal of the Day! 🔥: 1 bd | 2 ba | Tucson, AZ

Housing Bears Misread the Market 🐻

The housing bears have been barking up the wrong tree for the past year. They predicted that rising interest rates would cause home prices to plummet, but that hasn't happened. In fact, prices have only dipped slightly and are now even recovering.

What gives?

Well, there are a few reasons. First, the supply of homes for sale is still very low. This is because many homeowners are reluctant to sell their homes when interest rates are rising, as they don't want to give up their low mortgage rates.

Second, demand for homes is still strong. This is because the economy is doing well and people are feeling confident about their financial future. As a result, they're still willing to buy homes, even at higher prices.

So, what does this mean for real estate investors?

It means that the housing market is still a good place to be. Prices may not be rising as fast as they were a year ago, but they're still going up. And with the supply of homes still low, there's still a lot of opportunity for investors to find good deals.

Of course, there are always risks involved in real estate investing. But if you do your research and understand the market, you can still make money.

So, don't listen to the housing bears. The market is still strong, and there's still money to be made.

Fredericksburg's Next Big Thing: A Hotel-RV Resort 🚐

Buckle up because we're taking a trip to Fredericksburg, Texas. Now, I know what you're thinking: "Brett, why are we heading to a small town in the middle of the Texas Hill Country?" Well, my friends, it's because something big is brewing there, and it's not just the local craft beer.

KPG Hospitality, the masterminds behind some of the most innovative hospitality projects, are at it again. They're cooking up a unique blend of luxury and adventure that's set to redefine the Fredericksburg experience. Picture this: a 150-room boutique hotel meets a 200-space RV resort. It's like a chocolate-vanilla swirl cone of real estate goodness!

But wait, there's more. This isn't just a place to rest your weary head after a day of exploring the local wineries and breweries. No, sir! This project is packed with amenities that would make a five-star hotel blush. We're talking a restaurant, a bar, a general store, a fitness center, and a pool. It's like a mini-city within a city!

Now, you might be wondering, "Where's this gem located?" Well, it's strategically nestled on a 50-acre site along Highway 290, a hotspot for tourists venturing into the Texas Hill Country. And the cherry on top? It's just a stone's throw away from Fredericksburg's historic Main Street.

So, what's the ETA on this real estate marvel? Spring 2024. Mark your calendars, folks! This is set to be a game-changer in the Fredericksburg hospitality scene, offering a fresh and unique lodging option for visitors.

So, real estate investors, keep your eyes on the prize. This is a prime example of innovative real estate development that caters to the evolving needs of travelers. And remember, in the world of real estate, innovation equals opportunity!

Source

Sleep in a Haunted Mansion... If You Dare 👻

Ever dreamt of owning a property that's a little...spooky? Well, let me introduce you to a unique Airbnb that's got the real estate world buzzing. It's not your typical vacation rental, but then again, we're not your typical investors, are we?

Meet the Ghostly Retreat, a Disneyland Haunted Mansion doppelgänger nestled in Fullerton. This isn't just a house with a few Halloween decorations thrown in. Oh no, this is a $200,000, two-month transformation of a standard subdivision home into a chillingly charming abode that would make any ghost proud.

The brainchild of Jeff Schiefelbein, a veteran in the Halloween and haunted attractions industry, this property is a tribute to the Disneyland classic. It's got everything from a living area that would give you goosebumps to a game room that's a replica of the Haunted Mansion's stretching room. And let's not forget the bedrooms, each with its own eerie theme.

Now, you might be thinking, "Brett, this sounds more like a theme park than a real estate investment." Well, that's where the beauty lies. This property is not just a home; it's an experience. And experiences, my friends, are what people are willing to pay for. With rates ranging from $450 to $750 a night, this property is raking in some serious dough.

So, what's the takeaway here? In the world of real estate, it's not just about location, location, location. It's about innovation, creativity, and offering something unique. The Ghostly Retreat is a prime example of how thinking outside the box can lead to a profitable investment.

And remember, in real estate, it's not just about buying a property. It's about creating an experience. And if you can do that, you're on your way to some serious returns.

Source

🔥 Deal of the Day! 🔥

Address: 2927 N Richey Blvd, Tucson, AZ 85716

With its prime location in the heart of Tucson, close proximity to local attractions, and a spacious layout perfect for families or groups, this property offers a unique blend of comfort and convenience, making it an ideal vacation rental.

Airdna data:

Estimated monthly payment: $2,100/month

Estimated monthly revenue: $2,750/month

Cashflow excludes additional operating expenses. Always confirm local regulations, HOAs and permits before purchasing a property.

That's all for today, folks! Remember, in the world of real estate, it's not just about buying a property. It's about creating an experience. So, keep innovating, keep investing, and keep making those dreams come true. 🚀