More and more people are struggling to find affordable housing in California because housing prices have stayed artificially high for so long and lawmakers have done little to change or effect policies that could ease the prices downward. Real estate entrepreneur Nick Vertucci says if something isn’t done soon with this issue, a serious correction will hit California. What the exact results of this correction will be Vertucci didn’t specify, but more than likely it will be a huge crash in property value to homeowners with serious economic fallout as there was in the 2008 recession. What Vertucci and others have said has kept the housing market going is that interest rates have stayed low, but any changes in those or the stock market could trigger disaster for California.
Nick Vertucci has helped many people make money through real estate deals at his NV Real Estate Academy. He started the academy just three years ago and so far thousands of people have positively reviewed what it’s taught them. The academy shows how to get financing for property purchases, how to work with contractors for renovation, and what the best strategies are to resell it. Nick Vertucci also provides an ongoing support knowledge system for academy alumni so that once they go out into the field, they have a family-like group to rely on.
Nick Vertucci had to overcome poverty twice to become financially independent in real estate. He came from a family with little money, no college training and even spent early adulthood living out of a vehicle. He managed to start a business while still in his 20s, and for a while things looked good. He married, bought a house and had several children. But he descended back into poverty when the dot-com crash hit in 2000 and he nearly lost everything. He found an unexpected answer to his problems at a real estate opportunity he came across, and before long he realized the field was much simpler than he had thought. Within just a few years of purchasing properties and renovating and leasing them, he got rid of his debt and found more freedom than he ever imagined. He realized he couldn’t keep his discovery to himself so he started the academy that is now helping thousands everywhere unlock the secret.