The Turn-Key Investment System of Nick Vertucci

Nick Vertucci is among the most prolific and successful real estate investors, based in the U.S. He started from far, but he knew that he had his three daughters to take care and provide. Over ten years of constant education and hard work, Vertucci managed to build a business worth many millions of dollars on a straightforward, simple, scaling technique of turning around real estate investments into making massive profits. He established NV Real Estate Academy (NVREA) in the year 2017 to teach people how to provide for their families abundantly, take charge of their financial fate, and live a prosperous life they wish to have.

 

The shortage of housing that’s affordable in CA is coming to a crisis level, Nick Vertucci thinks that the Sacramento drastic legislative reaction is forthcoming. The problem is most noticeable on the coasts. These are hot markets such as San Jose, San Francisco, San Diego, and Los Angeles have seen the cost of housing increasing up to 75 percent in the past five years. The whole of California feels the pinch. The median house price in CA is $500,000, which is double the country’s average. The population of California that’s lower earners have a small chance of owning a home in the near future.

 

The agencies of Sacramento have already set targets for construction of new house each year. Nick Vertucci is estimating that the housing units that are delivered, 311,000 won’t be enough to meet the needs of the state. Short-sightedness abounds. Nick Vertucci said that projects are being canceled and stalling at the local level. Many developments usually fall below the housing unit number permitted by zoning. This limits the capacity of the housing of developable land that’s increasingly scarce for years to come. Several cities have gone for commercial development and broke on office, and they fail to build the housing units that are needed in sheltering the workers, who are attracted to working in those offices.

 

Nick Vertucci mentioned that the CA proposition 13 of 1978 that puts a Cap on the taxation of property, encourages homeowners in holding onto their homes, and they enjoy the property tax rates that are below the average of the national. Vertucci says that he believes a tipping point is forthcoming. Grassroots in his backyard and also movements of rent control push back against the home homeowners entrenched societies. These activists also vote. http://fortunesinflippingevent.com/

Brazil’s Central Bank Cuts Interest Rates Again

Brazil’s economy is heading in the right direction. First quarter GDP growth is on the plus side, and the central bank is cutting interest rates again. The central bank cut its benchmark rate to 10.25 percent. The Selic rate was 11.25%. The bank wants to continue to reduce the escalation in borrowing costs which started in October 2016. And the bank wants to help reduce inflation and get Brazil’s struggling economy back in the black again.

 

 

There are economic bright spots in the country. President Temer is pushing for new trade agreements with China, and the United States as well as with Britain. Exporting is one of the economic sectors hit hardest by the devastating recession that cost seven million Brazilian their jobs over the last four years. Most Brazilians are optimistic about what the government is trying to do, but there is still some serious mud in the political system.

 

 

Nonetheless, business leaders in cities around the country are finding ways to contribute to GDP growth. One of those business leaders, Flavio Maluf, the environmentalist and philanthropist from the state of Sao Paulo, is showing the country what it takes to beat the recession. Maluf’s company, Eucatex, is one of the country’s largest manufacturers of building materials. Eucatex has four domestic factories, three domestic offices and offices in other countries like the United States and Germany. All Eucatex facilities follow recycle, reuse, and reduce protocol, and the factories use renewable energy sources. Maluf is responsible for making his family-owned business one of the most environmentally friendly companies in the country.

 

 

The Flavio Maluf story is not one of those rich boys gets richer stories. Flavio has a working man’s mentality. He is an expert in marketing, and he has an engineering degree from New York University. Before Flavio became president of the company, he developed a successful marketing program for Eucatex. He is responsible for developing the Eucatex brands sold in home improvement stores like Home Depot. Today, thanks to Flavio, Eucatex ships floorboards, paint, varnishes, ceiling tiles, and other building materials to more than 30 countries. He is also responsible for starting eucalyptus tree farms so the company can replace the trees they use to make branded products.