The CPI is 4% Higher Than Last Year

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From the desk of Cody Sperber:

Happy Monday Clever Investors…I’m writing you from sunny Cabo San Lucas where me and 25 others came to celebrate finishing 75 Hard!

What an amazing weekend…

2 Ridiculous AirBNB’s

2 Private Chefs

6 Masseuses

A Few House Keepers

Some Zip Lining

100 Ft. Private Yacht

My Hot Wife

And Good Friends

What more can you ask for?

On the real estate side of things strong consumer demand for goods, a tight labor market, supply chain disruptions, and rising energy prices have caused inflation to surge to their highest levels since 1991. The CPI (Consumer Price Index) which is a broad grouping of goods and services that is closely watched as an indicator for inflation…is 4% higher that it was just a year ago.

Most Fed officials are divided about whether this is a temporary situation or something much much bigger.

I’m leaning towards we’re effed and the current situation is going to get much worse.  Most of my big baller stock friends have a bleak outlook for 2022 and a lot of them are buying 2024 options or pulling out of the market and waiting for a while to see how bad things will get.

Commercial retail sales rose in September and continue to show strength…up 13.9% from a year ago.  I think this is because of temporary Government support because real GDP is still running lower than it would have been in the absence of COVID.

Not all categories are similar, sporting goods stores and non-store retailers are growing significantly faster than restaurants & bars which just moved into the green in April and are now up 9.3% from 19 months ago.

Foreclosure activity also is increasing.  ATTOM just released it’s 3rd quarter “U.S. Foreclosure Market Report” which shows there were a total of 45,517 properties with foreclosure filings, up 34% from the previous quarter and up 68% from a year ago.

September had 19,609 filings which is up 102% from one year ago.  And even though this may sound high…it’s actually lower than pre-pandemic levels overall and we will end the year 60% lower than the same quarter last year.

California, Texas, Florida, New York, and Illinois lead the pack.

Overall I feel very bullish for the real estate market for the next 6-12 months.  Like I said last week I am focusing on our Luxury AirBNB strategy in key markets like Scottsdale, Vegas, Cabo, Sedona, Park City, Hawaii, etc.

Also wholesaling (especially nationwide co-wholesaling) has been BIG for us in September and October is turning out to be our best month for creating wholesale fee’s.  If you need any help dispo’ing a deal visit www.sendusthedeals.com and submit any deals you have full control over…we have a very strong nationwide buyers list and we sell most of our deals within 24 hours.  Please only submit a deal if you are direct to seller and have equitable interest in the property!

Alright…that’s it for today…excited for Free House Formula Live which is happening in my office the 22st-23rd.  The event sold out 1 month early like I knew it would (we actually oversold it by 30 people)…so if you want to watch the livestream click the big blue link below.

>> LIVESTREAM THE FREE HOUSE FORMULA LIVE FROM THE COMFORT OF YOUR OWN HOME <<

Livestream tix are only $95 dollars and it comes with the event recordings.  Only 150 livestream tickets left so grab one today!

From The Training Vault:

🎵 Funding makes the (Real Estate) world go round 🎵

So I’m giving you my Ultimate Funding Solution Guide for FREE!

In the guide, I’ll teach you:

  • What funding is, and what you need to get clear on!
  • Why funding is vitally important to your success as a real estate investor
  • The difference between hard and private money
  • 6 different ways to find the funds you need to make ANY deal work And much much more!
  • And you can get it all for FREE right now.

Click the link and 🎵 I’ll give you what you want, what you really really want! 🎵

Recommended Reading:

Atomic Habits—James Clear

Another good read came about after seeing the term ‘atomic habits’ popping up more and more in social media.

So, I had to find out what this was all about. And, I’m glad I did!

It’s all about how tiny little decisions we make everyday and our daily habits determine where we end up in life and in business. And there are both positive and negative habits we all have.

So the easiest way to change your life is by replacing bad habits with good. You don’t have to actually “get better” to accelerate your growth. Crazy, right? This book also made me understand clearly why I wasn’t changing—yet—and how to go about it in future. 

If you want to master small things that will help you get the best outcomes, take James’ advice. He shows how you can get that positive change on a day-to-day basis. And continuous change—even if it’s only a bit at a time—will make more of an impact than you think.

By the way, I can suggest this for almost anyone in business! The principles work for someone just starting a new business, an entrepreneur who finds it difficult to stay motivated in a competitive market or a company owner who has been around for a long time and is frustrated with taking too long to reach the goals they’ve set for themselves. 

This book’s impact can be atomic… ba dum tss.

Students Success Story:

Congrats to Robert Lambert for crushing it! 

Before I joined Clever Investor, I was just kind of doing it. I was driving around for dollars, just trying to figure it out myself and that didn’t have very much luck.

I was unable to close any deals. I wasn’t very good on the phone and I had no idea what I was doing. I didn’t even have proper contracts to get the deal done or to get anybody to sign. So I decided to join Clever Investor. And within the first five weeks, I’ve gotten two checks. I had made a total of $8,000 in the first five weeks of this program.

It has just been excellent. My mentor, Dave, has done a phenomenal job working with me. All of his techniques have proved worthy. They have gotten me paid. I flew up to Phoenix for a Clever event and it was just wonderful. I learned a lot about sales. How to get over that hump in the conversation, how to get to the close when dealing with a motivated seller and one of my sellers they were kind of an unmotivated seller, but with some of the teachings and the learnings, I was able to get it closed. Due to doing so well in my first five weeks, me and my wife were able to go to Branson, Missouri out here in the Ozarks. We’re actually staying in a lodge on table rock lake, and none of this would have been possible if I wouldn’t have been able to gather the teachings I have from Clever Investor, it was well worth it.

I highly recommend this program. I think it has a lot to offer. Cody has just done a phenomenal job, creating this and, and Dave and all the other mentors. I hope everyone else does fantastic as well. And I’m happy to be a part of the Clever Investor family. Thank you.

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