10: How to Prepare for a Recession (and Profit!) in 2022 w/J Scott

On The Market

BiggerPockets

Investing, News, Education, Business

4.8 • 858 Ratings

🗓️ 6 June 2022

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

One man knows how to prepare for a recession arguably better than anyone else. He’s been able to build wealth during multiple different economic cycles, not only surviving but thriving in the process. With decades of experience in real estate investing, advising, and mentoring, J Scott, author of Recession-Proof Real Estate Investing, stands as a testament that not everyone gets washed away when an economic tsunami comes crashing down. We spend some time asking J about how we got to the current economic stage we’re in, what the economy looks like today, and how we can prepare ourselves for the future of high interest rates, falling asset prices, and real estate steals of the century. If you’re feeling anxious about investing in 2022, J Scott is the guest you should listen to. For our due diligence portion of the show, we’ll be asking James Dainard, Jamil Damji, and Kathy Fettke all about recession prep and rebalancing your real estate portfolio. While almost everyone in our expert panel has different advice for different investing strategies, they all agree on one thing: there is still plenty of money to be made in the realm of real estate! In This Episode We Cover Economic cycles explained and why we may be “overdue” for a crash What causes inflation and why it manifests itself in rising interest rates How to prepare for a recession, even if you’re brand new to real estate investing Wholesaling vs. flipping and which strategy will win during economic downturns Whether or not we’ll see home prices drop if a recession hits in the near future How to “rebalance” your real estate portfolio so you don’t catch a falling knife And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Seasonally-Adjusted Housing Data with Redfin Grab J’s Book “Recession-Proof Real Estate Investing” and Use Code “MARKETPROOF” at Checkout Connect with Other Investors in the “On The Market” Forums Dave’s BiggerPockets Profile Dave’s Instagram Henry’s BiggerPockets Profile Henry's Instagram James’ BiggerPockets Profile James' Instagram Jamil’s BiggerPockets Profile Jamil's Instagram Kathy’s BiggerPockets Profile Kathy's Instagram Book Mentioned in the Show Recession-Proof Real Estate Investing by J Scott Connect with J Scott J's Website J's BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-10 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	In a frequently shifting market, deciding how to invest can be overwhelming.
0:03.8	You need a partner that has a proven track record, BAM Capital.
0:06.6	They've navigated the Great Recession, COVID, and even the current interest rate environment, delivering max returns.
0:12.5	If that track record isn't impressive, then I don't know what it is.
0:15.2	Bam Capital is a trusted multifamily syndicator with over $1.3 billion in transactions.
0:20.8	Their disciplined investment strategy
0:22.4	targets cash flow stability, capital preservation, long-term appreciation, and accelerated tax
0:27.7	benefits. Join Bam Capital's 1,200 plus investors across America at biggerpockets.com slash bam. That's
0:34.2	biggerpockets.com slash BAM.
0:44.4	Buy low, sell high. Very easy to say, but not always so easy to do. For example, high interest rates are hurting the real estate market right now. Demand is dropping and prices in a lot of
0:49.4	markets are falling, even for many of the best assets. So it's no wonder the Fundrise Flagship Fund
0:55.6	plans to go on a buying spree expanding its billion dollar real estate portfolio over the next
1:01.4	few months. You can add the Fundrise flagship fund to your portfolio in just minutes and with
1:07.2	as little as $10 by visiting fundrise.com slash pockets.
1:11.9	Fundrise.com slash pockets.
1:14.3	Carefully consider the investment objectives, risks, charges, and expenses of the Fundrise
1:19.6	flagship fund before investing.
1:21.6	This and other information can be found in the fund's prospectus at fundrise.com slash
1:26.6	flagship.
1:27.4	This is a paid advertisement.
1:29.4	Hey, Henry Washington here from the On the Market Pod. You ever get frustrated while hunting
1:33.0	for off market properties? Well, you're not alone. Just ask Alex, a fellow real estate investor
	...

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