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BiggerPockets Real Estate Podcast

311: 6 Rules for Investing in Real Estate in the Coming Economic Shift with J Scott

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 3 January 2019

⏱️ 82 minutes

🧾️ Download transcript

Summary

Are you a real estate investor concerned with the potential of a shifting economy? These concerns are understandable, and today’s guest has some great techniques for both protecting your money and taking advantage of deals in any market! J Scott,... Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the BiggerPockets Podcast Show 311.

0:03.0

So one, be certain of your numbers.

0:05.0

Two, stay away from long rehab, stay away from new construction.

0:09.0

Three, have a backup strategy.

0:10.0

Four, avoid thin deal.

0:12.0

Five, avoid leverage at all costs.

0:15.1

Only borrow money when you absolutely have to.

0:17.8

And six, stay away from the high end

0:19.9

because that's the part of the market that's

0:21.7

going to soften fastest. When things start to turn the high-end market's going to turn first.

0:25.4

You're listening to Bigger Pockets Radio, simplifying real estate for

0:29.9

investors large and small.

0:32.4

If you're here looking to learn about real estate

0:34.2

investing without all the height, you're in the right place. Stay tuned and be

0:39.2

sure to join the millions of others who have benefited from BiggerPockets.com.

0:44.1

Your home for real estate investing online.

0:47.1

What's going on everyone?

0:48.1

This is Brandon, a host of the BiggerPockets podcast

0:51.2

here with my co-host Mr David Green. How you doing buddy? I'm doing great

0:56.6

actually I am just put a house in contract a couple days ago that I'm going to be

1:00.7

flipping with a partner Mr Mario Mazzamuto is kind of my partner in crime when it comes to flipping houses and we actually hold free seminars where we teach people how to hold houses and every time I get a deal in contract it's a good day.

1:13.0

That's awesome.

...

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