In this episode, host Andrew Brill sits down with David Meyer, Head of Real Estate Investing at BiggerPockets, to explain the intricacies of real estate investing in the current economic climate. Meyer shares his expert insights on how to navigate high interest rates, find profitable deals, and implement strategies for long-term success in real estate.
This episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/Wealthion and get on your way to being your best self.
Timestamps: 00:00 - Introduction 01:08 - Dave Meyer's Background and Expertise 03:22 - Popularity of Real Estate Investing 05:41 - Real Estate as a Secondary Income 07:29 - How to Get Started in Real Estate 09:19 - Ensuring Positive Cash Flow 11:39 - Flipping vs. Holding Properties 14:19 - Passive Real Estate Investment Options 18:08 - Choosing the Right Markets 20:21 - Importance of Having a Team 21:49 - Dave's First Rental Property Experience 26:31 - Finding and Analyzing Deals Remotely 29:03 - Best Areas for Rental Properties 30:26 - Impact of High Interest Rates 32:24 - Managing Mortgage and Cash Flow 34:23 - Common Pitfalls in Real Estate Investing 36:33 - Strategies for Multiple Mortgages 38:33 - Setting Up LLCs for Real Estate 41:06 - Conclusion
#realestate #podcast #economy --------------------- At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.
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By: Wealthion Title: Overcoming High Interest Rates For Real Estate Success | Dave Meyer Sourced From: www.youtube.com/watch?v=qn1VtSWq8ho
