"Timing the market" is nearly impossible... What do you do when you think you're about to overpay? Ben and Robby debate the validity of buying at a premium and study an example of professional investors that do this (sometimes). NOTE: Blackstone bought "Preferred Apartments" not "Premier Apartments". Check it out.
The overpaying opportunity. - 0:49 Take charge of your own deal-making. - 2:28 Ken Mcelroy’s approach. - 4:58 One of the reasons why underwriters know what they’re doing with the numbers.- 8:01 Never overpay for anything. - 9:44 Blackstone’s role during the recession. - 12:17 If I overpay, I give them too good of a deal. If I can get the price I want, I scout them. - 13:42 What people are paying for. - 14:56 The trick to being an investor. - 16:33
Episode Resources Connect with Robby Butler and Ben Robinson www.wealthrenegadepodcast.com www.prosperityeconomics.org firstname.lastname@example.org