The Major League Mindset - How to Level Up as Real Estate Rises | Mookie Betts' Hot Property

* It's crucial to balance intense focus and drive with other interests to alleviate pressure and enhance performance, as exemplified by MLB pitcher Tyler Glasnow's experience.

* Understanding your own tendencies and adjusting your work ethic accordingly can lead to personal and professional improvement, as different individuals require different approaches to achieve success.

* In real estate, exploring a variety of investment strategies can provide opportunities for those with limited capital, and it's important to stay informed about market trends and mortgage rate changes to make sound investment decisions.

Mindset under pressure and the meaning of full count. Quote from Robert Greene, "The Secret to success is retaining your child like qualities. We were also genuinely curious and hungry for new information. You want to retain the elasticity of spirit you had as a child, interested in everything, while retaining the hard-nosed need to verify and scrutinize for yourself all ideas and beliefs.”

Clip of Tyler Glasnow about pressure and obsession- on the Show N Go Podcast with Xavier Scruggs. It's cool to relax and work extremely hard to succeed. Be a little more versatile with life and not solely just work.

 

Real Estate Update and Stocks:

• Stock market soared today a lot having to do with tech companies outperforming so that’s good news. S&P closed today (Jan 19) at record high for the first time in two years.
  • This month, mortgage rates have remained in the 6.6% range which has kind of been ongoing since last month. As we can remember in October- rates had hit 8% then floated in the 7% range for some time. The last time rates were this low was in May 2023 when the market was competitive.
  • If you bought a $1M home w/20% down payment today using the 6.6% rate you’re looking at about $5,109 vs if all things being the same but the rate is 8% that’s $5,870. So a $761 difference. This is why we are seeing things pick back up.
• You may be curious why rates improved and that’s because of core CPI, which was lower than expected. Core CPI last month came in at 3.9% than a year ago but it was down from the annual rate of 4% from last month. This 3.9% was the lowest level since Sept ‘21
  • Core CPI calculates inflation in the country and excludes the food and energy components.
  • This at one point this was in the 6.6% range in 2022.
  • This fight against inflation has been ongoing and the reason for the Fed hiking fed funds rates 11 times. Last year we heard the Fed may lower these fed fund rates and only time will tell.
• MLB player's houses and Predict where they'll Buy
• Mookie Betts buys $15M land/property in Encino while has his other home for sale at almost $9M -
• Chris Sale moving to Atlanta to pitch for the Atlanta Braves (2 year $38M extension). He was on the Red Sox team, assuming he owned real estate. Where is it likely that he bought and will he sell to buy in Atlanta?

#hotproperties #tylerglasnow #mookiebetts #mindset

 

Sources:

   • Navigating the Big Leagues: Tyler Gla...  

  / fullcount_podcast  

https://stocks.apple.com/AMvi7VsPTS-6...

https://www.wsj.com/finance/investing...

https://www.businesswire.com/news/hom...

https://www.kiplinger.com/personal-fi...

https://www.cnbc.com/amp/2023/12/05/h...

https://robbreport.com/shelter/celebr...

Mortgage Bankers Association

Robert Greene on 48 Law of Power

  / 559009372497908738  

House Art - https://static.vecteezy.com/system/re...

*note: current events, data and information are based on the recording date of  Jan. 2024

 

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About The Full Count Podcast - This Podcast is to help others gain knowledge on various industries and topics, with a main focus around real estate, real estate investing, and wealth building. While also discussing Baseball and where Major League Baseball players, especially newly traded players, are buying and selling Real Estate. There will discussions on various topics, ranging from past and current real estate market trends, different real estate investing techniques, the economy, Baseball and of course how to excel under pressure (i.e - "The Full Count Moment") while also providing balance. This channel will also host guest interviewers who will share their stories and expertise on becoming successful. 

The way to get ahead in life is through right mindset to get past obstacles. What is your Full Count Moment???

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