4: Start Now, or Wait This Thing Out? Live Audience Q&A

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 25 March 2020

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode, we hand the mic over to YOU. Yesterday (March 24) Ashley and Felipe took took live listener calls and real-time questions from Real Estate Rookie Facebook group members. "Should I go through with my deal?" "How do I handle my short-term rental?" "How are more experienced investors shifting their big-picture strategy?" Those are just FEW of the questions we take on in this fast-paced episode. What do you think of this format? Let us know in the Real Estate Rookie Facebook group -- and tell us what topics you want us to tackle next week. This are disorienting times for investors of ALL skill levels... but by sharing information and resources, we put ourselves in the best possible position to build wealth throughout good markets AND bad. See you next Wednesday. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is real estate rookie show number four
0:08.4	I do three to four months reserve for each property and then I would look at new potential deals as long as they
0:14.8	match the numbers. My mentor told me basically Felipe all that's really
0:17.7	happening right now is that your numbers are going to be easier to hit because prices
0:21.1	are going to be going down right he said your numbers are going to be easier to hit as long are going to be going down. Right?
0:23.2	He said your numbers are going to be easier to hit.
0:24.0	As long as you're not out on the street eating baloney, right?
0:26.4	I mean, make sure that for you, your numbers are in place
0:29.6	and the deals are going to make sense.
0:31.0	Then go for it. I'm Ashley Kerr and I'm here with my co-hoste.
0:39.0	I'm here with my co-host,
0:41.0	Philippe Mejia and his parrots.
0:44.0	Oh my gosh, why did you have to bring it up right away?
0:47.0	You couldn't wait to say that, could you?
0:50.0	The home recording.
0:51.0	Chirp, chirp, chirp, I thought it was a smoke detector. This is terrible. Okay guys I'm in
0:56.9	Florida. I'm supposed to be headed back to National Soon. I'm at my in-law's
1:00.9	house and they have a parent, right?
1:03.0	And you can hear it in the background during the host show,
1:05.7	and no one decided to tell me, I've been here for a while,
1:08.0	so it's just kind of background noise, I can't even tell.
1:10.1	And it's just chirping away the whole time
	...

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