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Helping you create financial freedom with passive wealth.
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Poor advice from wall street journal - about buying real estate right now
In this thought-provoking episode, we delve into the controversial claim made by the Wall Street Journal that it's currently the worst time to buy instead of rent. Is this a mere clickbait tactic or a statement with substance? We'll explore the true state of the real estate market, highlighting why it's an ideal time for a buy-and-hold strategy, especially considering the ongoing housing shortage and the peak homebuying years of our largest generations.
Owning a home isn't just about eliminating monthly rent payments; it's a valuable asset for your future retirement. Join us as we dissect the motives behind alarming headlines and provide insights based on extensive research, including what's predicted for the real estate market up to 2038. Don't miss out on understanding the real dynamics at play in today's housing market and what it means for your investment strategy. -
Why You Shouldn't Invest Like Your Dad
In this episode, the host challenges traditional investment advice, arguing that the strategies that worked for previous generations may not be suitable in today's rapidly changing and volatile financial landscape.
The discussion covers the limitations of relying solely on public market investments like stocks and bonds, and the increasing importance of diversification and passive income, particularly through real estate investment. The episode emphasizes the need for a more adaptable approach to financial planning and retirement, considering the uncertainties of life expectancy and market fluctuations. -
Real Estate in Recession: Surprising Truths
In this informative podcast episode, the host demystifies the complex relationship between real estate trends and economic recessions. The episode begins with a critique of sensationalist media coverage, particularly highlighting how articles like those in The Wall Street Journal may use clickbait tactics that lack solid advice. Emphasizing the importance of local market knowledge, the host advises listeners to seek professional advice tailored to their specific real estate markets.
The discussion then delves into the common misconceptions about the impact of economic downturns on real estate. Using historical data from six recessions between 1980 and 2020, the host illustrates that home prices don't always correlate with the economy's performance, having appreciated in four out of these six periods. The episode challenges simplistic narratives, encouraging a data-driven understanding of the market. It concludes by comparing current market conditions with past trends, noting significant differences like lack of inventory, inflated home prices, and high equity levels among homeowners. Overall, the episode offers valuable insights for those looking to understand or invest in real estate during uncertain economic times. -
How to invest during Inflation and Recession
In this episode, we delve into the complex relationship between real estate and economic recessions. Our expert debunks common misconceptions and clickbait headlines, like those suggesting it's currently better to rent than buy. By analyzing data from six recessions between 1980 and 2020, the discussion reveals that home prices appreciated during four of these periods, challenging the simplistic view that economic downturns always depress real estate markets.
The episode emphasizes the importance of local market knowledge alongside macro-level understanding. It also addresses common fallacies, such as the direct correlation between unemployment and declining home prices, by highlighting the nuances of the housing market and the dangers of oversimplification.
Listeners will gain insights into the current state of the market, marked by a lack of inventory, increased construction costs, and high home equity levels, making it distinct from past downturns. The episode concludes with an optimistic outlook for single-family homes, positioning them as strong investments in uncertain economic times. -
What Interest Rates Do To Home Prices?
In this insightful episode, we delve into the intricate relationship between interest rates and home prices. Contrary to popular belief, the connection is not straightforward. Our expert explores historical data from the 1970s to the 1990s, demonstrating that home prices don't always move inversely to interest rates. For instance, in the 1970s, the average home sale price was $24,300, while in the 1990s, it rose to $79,100, regardless of fluctuating interest rates.
The episode further examines the current housing market dynamics, highlighting the unique challenges faced by investors in a historic housing crisis. Interest rates have recently slowed the volume of home sales, with a notable 30% decrease in homes sold compared to the previous year. Amidst this backdrop, investors are adopting a buy-and-hold strategy, aiming to capitalize on the ongoing housing shortage. Join us as we unravel the complexities of the housing market and provide strategic insights for investors navigating these turbulent times. -
Real Estate investing isn't a 'get rich quick' scheme, but it's a powerful way to build wealth...
The episode discusses the misconceptions and realities of passive income, particularly in relation to investment strategies. Gary debunk the myth of a ‘magic formula’ for passive income, warning against scams and emphasizing that genuine income generation typically requires active effort and risk.
They acknowledge that while investments in public markets and real estate can yield returns, they are not immune to market fluctuations and demand active management. The discussion highlights that real estate investment, often perceived as passive, actually necessitates significant involvement, including managing properties and tenants. However, the option of partnering with others who can handle these tasks is also presented, offering a more hands-off approach while still requiring some level of engagement and oversight.
Customer Reviews
Amazing show
Packed full of info and knowledge
Five Star - Three Doors
After checking out a few episodes I felt compelled to leave a positive rating for this show...
Really respect these guys from three doors.
Knowledge packed!
This podcast is great!!! I’ve learned so much already. The guests are phenomenal. So much information!!! Great job!