How to Prepare for a Recession as a Landlord & Investing w/ High Rates
Episode #981
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High interest rates are stopping you from investing, so what do you do? Wondering how to prepare for a recession if one hits soon? Should you sell your rentals and pocket some cash, or will you regret dumping your performing properties to secure some short-term safety? These tough questions can’t be answered by just anyone, so we have our expert investors David Greene and Rob Abasolo on to help you navigate through the most financially puzzling parts of real estate investing.
In this Seeing Greene, we’re tackling topics like how to prepare for a recession as a landlord, what to do when high interest rates kill your deals, and whether you should build an ADU (accessory dwelling unit) or simply park an RV on your land and rent it out instead. But that’s not all; a contractor wants to know how to work with investors while making even more money. Is he barking up the wrong tree, or is going the investor instead of the residential route a better choice for those trying to grow their contracting business?
Plus, how long a tenant turnover should take and whether your property manager is moving too slowly. All that, and much more, is coming up in this Seeing Greene show!
00:00 Intro
01:37 How to Invest with High Rates
07:24 Renting Out an RV?
14:00 Questions from the Comment Section
15:41 Sell Rentals to Recession Prep?
23:56 What Contractors Must Know
33:58 Subscribe for More Seeing Greene!
Пікірлер: 21
Love these info packed shows! Thank you both!
I'm in Copenhagen, too!
Really good points on the contractor working with investors portion. LONG story. I work as a FF and had a “side gig” making close to 12k monthly. Lost that position so took a position with my brothers construction company. I’m making way less, but I think it’s going to add huge value to my personal skill set and make me more valuable as well. In this position I’ve been able to see how he works with investors and you’re absolutely right. Definitely very tight with money. But it is very consistent work. Overall has helped grow the company, maintain consistency, and grow in trust with the company.
This was a great episode. I just finished watching and I will rewatch it now again!
Great show as always!
The problem with OPM is you are doing all the work
Just what I was looking for. Hopefully this is chock full of practical and relevant content.
How do I submit a question / discuss a situation with you guy's for the show?
I work for a county here in Texas, I would love the opportunity to go in depth and explain how Texas tax exemptions work for homesteads! It helps me a lot on my current primary home
@ivyblu8748
23 күн бұрын
I'd like to understand that topic
I find that almost all influencers except for David are still pushing a dangerous rhetoric about the investing climate. Currently. Most are selling a course, a book, want views bla bla. I find David is the exception in this space.
David is the one telling people that the us government is going to fail every podcast.
Virginia Beach local here! Can anyone get Chris McCarthy and I connected? Would love to connect with him! Awesome episode, as always!!
@biggerpockets
22 күн бұрын
Hey @kayvolly, no contact info was left for Chris, you could try to look him up on biggerpockets.com and see if he has a profile!
College enrollment increases during a recession
College enrollment surges in a bad economy and drops in a good economy. When there are good jobs, people work them and when they lose their job, they go back to school for a new career.
Time to be a cop again get that overtime money.
Fed will raise rates, crash incoming….
@aaronmurphy8796
23 күн бұрын
Similar to how it crashed when they raised rates in 2023? Wait ….
@stevend481
20 күн бұрын
@aaronmurphy8796 People been saying it's going to crash since 2015 lol
@aaronmurphy8796
20 күн бұрын
@@stevend481 the craziest part is when there finally is a down turn they will feel super validated but they’d have had more if they stayed in and then went through the crash then they have by missing a decade of growth . but they will feel totally validated