Jason Hartman talks with client Bruce Weyer. A few months back, Bruce sent in a lumber market update, sharing staggering numbers that his long-time lumber family business has never seen before. Bruce joins the show today to give an update on pandemic pricing for lumber. He also shares his story from the west coast movie business, back to the family lumber business, and how he started investing in duplexes, quadplexes, and what his strategy is going forward.
[3:00] From the West Coast movie business to Florida Construction Business.
[8:00] Lumber Market Update: What does this do to new homes?
[12:00] Regression to Replacement Cost
[13:00] Where are lumber prices headed at this time?
[17:00] Client case study; duplex, quadplex, or single-family home strategy.
[24:00] The advantages of putting down as little as possible, or putting the extra 5% down?