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030 | An Interesting Development Part 2: Housing Continued

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In Today’s Episode Eric and Brandon continue the discussion on buying a house! Have you looked into purchasing a house in this crazy sellers market? Have you felt overwhelmed with the overabundance of information about buying a house? We’ll help break it down into bite sized pieces for you! Today the guys talk about some important things to keep in mind and some rules of thumb to follow!   What You’ll Get Out of Today’s Show HOA fees and why they’re important to keep in mind What the heck is going on with Lumber prices? How to increase resale value Location, location, location House flipping The importance of keeping a fully funded emergency fund Utilizing future vision thinking The rules of thumb about total debt and total house payments Rules of thumb on home affordability and purchase price: 28/36 rule 30/30/3 rule 32% rule 40% rule 2.5 X rule   Links Mentioned in This Episode   ignitiontowealth.com/resources   ignitiontowealth.com/tools   ignitiontowealth.com   If You Want to Support Ignition to Wealth Sign up for our email list   Subscribe to the podcast    Leave us a 5 star rating and written review