We blinked, and suddenly, we’re near the end of 2023. The year thus far has been challenging for anyone involved in real estate. Will things change soon? What can we expect as we move into 2024? 

The IRS recently released updated guidelines for the 2024 tax year. Some of the most well-known standards shifted to account for inflation – the consensus being that these changes would mean more money in the pockets of Americans.

Maybe you’re new to this real estate investment thing. You’ve heard about a “buy and hold” strategy, and you’re wondering… how long do you really have to hold a property? Many of our investors are in it for the long haul, but even buy-and-hold investors know the value of a good exit strategy.

One of the greatest advantages of investing in real estate is its tax implications. Passive real estate investors are uniquely poised to benefit from our existing tax structure. With that said, you must be aware of the avenues to save and take the steps to ensure them.

At REI Nation, we believe in the power of passive real estate investing to help you build security and a legacy for your loved ones. So, if you feel the same way, it might be time we meet the family! 

Because REI Nation is increasing the incentive for our Referral Program and offering current investors like you $2,000 for successfully referring a brother, cousin, aunt—you name it!

If you’ve been keeping your finger on the pulse of the real estate market, you’ve noticed just how slow things are right now. The National Association of Realtors predicts that the housing market is on track for its slowest year since 2008. Reports say the average homebuyer must make $115,000 annually to afford the typical U.S. home. On average, American households are short of that benchmark by $40,000.

Leverage is one of the big selling points where real estate investment is concerned. It makes sense why – it allows investors to use less of their own money to acquire valuable, income-generating assets. But, like all things, utilizing leverage comes with risks. While the advantages are significant, every investor must consider the pros and cons and decide how much to leverage.

Investor-influencer Grant Cardone was recently in hot water in the form of a class-action lawsuit alleging fraud and false promises through his real estate investment fund. You can read all about it on Bigger Pockets (linked above) and other news outlets. Regardless of how the lawsuit has turned out, we see it as a cautionary tale to passive investing hopefuls.

As a real estate investor, you may feel it more prudent to spread out costs when it comes to significant expenditures. Renovations are necessary in this business, but there’s no doubt about it – all that construction time, project management, and cost would give anyone a headache.

While some financial wisdom is timeless, the world we live in today has experienced vast changes in its economic and financial landscape. And with changing times comes a need for better, newer financial advice.