NAR maintains that the Affirmatively Furthering Fair Housing requirement in the Fair Housing Act is critically important to achieving a housing market free from discrimination, increasing access to homeownership, and ending segregated living patterns.
Congress Extends PPP to August 8
The House of Representatives extended the SBA Paycheck Protection Program (PPP) through August 8, 2020.
House Passes Infrastructure Bill
H.R. 2 combines significant investment in surface transportation and mass transit, broadband access, water infrastructure and affordable housing.
NAR Supports HUD Funding
NAR sent a letter to the Housing Appropriations Subcommittee for HUD’s FY2021 budget, requesting additional funding for fair housing and housing counseling.
NAR Asks FHFA to Extend Comment Period
NAR joined a coalition of housing, finance, and consumer groups requesting an extension of the FHFA’s comment period on its proposed capital rule.
BiggerPockets Podcast 389: He Changed His Strategy & Is Now Making $1M/Year! With Mike Simmons
Are you tired of toiling in the trenches… and ready to run a business that cranks out profits without your constant involvement?
That’s what today’s guest has managed to do! In this episode, Michigan-based investor Mike Simmons shares exactly how he went from moderate success to $1 million in annual profit.
You’ll learn why Mike switched gears from flipping to wholesaling real estate, what he’s learned from spending hundreds of thousands of dollars on various marketing channels, and the four-point checklist you must use when considering any kind of partnership.
Ultimately, expert marketing tactics are fine and well. But to scale, you’ve got to master leadership and hiring—topics Mike covers in great detail here and in his new book, Level Jumping.
So pick up a copy (see link below), and share this episode with a friend, family member, or fellow investor who you think would enjoy it!
Supreme Court Rules on CFPB Structure
In this holding the CFPB Director now serves “at will†and can be fired at the discretion of the President.
Fair Housing Film and Video Recommendations
Short videos, documentaries, and a featured length major motion picture help to educate about housing discrimination, segregation, and the people working to correct these social and economic wrongs.
BiggerPockets Podcast 388: The 7-Step “Playbook†for Scaling Your Real Estate Business With AJ Osborne
Do you dream of stepping back from the day to day and working on your business rather than in it? Of course you do!
AJ Osborne has achieved that goal—and having experienced a harrowing health emergency that incapacitated him for months (see show 286), this Boise, Idaho, investor is ultra-qualified to discuss the value of documenting, delegating, and streamlining your real estate business so it can run without you.
AJ owns and operates over 1 million square feet of self-storage. Today he breaks down the seven-step process he uses to improve operations, unlock hidden value, and scale fast.
If you’re thinking, “I don’t do deals that big,” rest assured: AJ reveals that he actually lost money on his very first deal but gained a ton of wisdom, which he’s generous enough to share with us today—and which applies across the board.
Plus, AJ shares a tip on financing deals that may totally change the way you think about growing your portfolio!
Check him out, and pick up a copy of his book, The Investor’s Guide to Growing Wealth in Self-Storage: How to Turn a Real Estate Asset into a Thriving Business.
CFPB Unveils Advisory Opinion Pilot
The Consumer Financial Protection Bureau (CFPB) announced a new pilot program that allows businesses to seek clarity on regulatory compliance obligations through a request for an advisory opinion (AO).