REAL ESTATE JOURNAL
SPRING 2025
2. In America, You Can Buy, Sell, Rent, or Develop Your Property With a Level of Freedom That’s Rare Elsewhere! 3. NREIA Legislative Update 5. Minimize Your Risk With a Backup Plan 6. How to Diversify Your Self-Directed IRA Portfolio for Long-Term Growth
8. The Silent Profit Killer in Real Estate—Are
You Paying Attention?
9. Key Deadlines and Considerations for Reporting 1031 Exchanges 11. You May Have More Pets Than People... What Are You Doing About That?
15. Room for Rent: A Newcomer’s Guide 16. Lending Lockdown: How Real Estate Investors are Creating Their Own Capital Source
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RE Journal
Member Spotlight
Vol. 10 Issue 2
The Housing Market: A Look Back at 2024 and Ahead Through 2025 By Rick Sharga
W Lisa Carter
A
fter a successful corporate career in sales and marketing, Lisa Carter transitioned to full-time real estate investment in March 2020. Since launching her entrepreneurial journey, she has completed more than $5 million in real estate transactions. Her attention is focused on finding emerging markets and a dedication to strategic growth. Her portfolio spans across multiple markets including Florida (St. Petersburg) and Tennessee (Jackson, Nashville, Chattanooga, Milan). She became a licensed Realtor with SVN Accel Group of Brentwood in May 2021, specializing in commercial and business brokerage. Being actively engaged with other investors led to opportunities to serve the community as a Board Member of the Real Estate Investors of Nashville (REIN), CREW (Women in Commercial Real
hile the old maxim that a savvy real estate investor can prosper in a strong market or a weak market may be true, having an in-depth understanding of market conditions—and what’s driving those market conditions—is critically important. With that in mind, let’s take a look at what happened in the housing market in 2024, some of the underlying trends that led to those results, and what that all means as we continue to move through 2025.
Economic Strength Provides a Solid Foundation Despite all the concerns about a recession over the past few years, the U.S. economy continues to grow. The country’s gross domestic product (GDP) Continued on Page 9
The Whole Story on Wholesaling
By Jeffery S. Watson
D
uring the National REIA cruise earlier this year, considerable time was spent discussing wholesaling. I had the opportunity to speak to the audience regarding the trends we are seeing in multiple states as to wholesaling from both legislative and regulatory perspectives. When discussing wholesaling, it’s important to define certain terms. Most people would probably define wholesaling as the process of putting a property under contract and then assigning that contract to someone else so that the person to whom the contract is assigned is the one who buys the property, and the wholesaler is paid via an assignment fee. This typical definition of wholesaling needs to change! There are a number of states that have taken the practice I just defined and made it against the law, the most recent two being South Carolina and Oklahoma. They now require that a person own the prop-
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