4.8 • 16.5K Ratings
🗓️ 22 February 2022
⏱️ 59 minutes
🧾️ Download transcript
If a housing bubble is on the horizon, how best do real estate investors prepare for the massive hit they’re about to take? With so much money flowing throughout the economy, home prices hitting record highs, and competition staying fierce, what can the average investor do to stock up so when a housing market crash does happen, they’re ready to make big moves? David Greene, may have an answer.
Although many people see David as a real estate fortune teller, he, unfortunately does not bring his crystal ball (unless you count his shiny bald head) onto today’s coaching call episode. Lucky for us, he does bring over a decade worth of knowledge from investing in many different phases of the real estate cycle. David is thrown questions from live guests today, without any preparation or information besides his own knowledge.
Topics on today’s show range from when to buy a primary residence vs. buying a rental property, outsourcing your tasks so you can grow your portfolio, what will happen when interest rates rise this year, housing bubble indicators, and finding honest contractors. If you’re looking to invest in real estate, whether this year or within the next decade, David’s thoughts on surviving and thriving in a housing crash could make you much, much wealthier!
In This Episode We Cover:
Whether to pay rent and buy a rental property or buy your first primary residence
Bridge loans and raising private capital from investors in your network
Enforcing the principles of Who Not How to grow your business faster and smarter
Avoiding the housing market hysteria that many investors are facing today
The leading indicators of a housing market crash (and how to see them before others do)
How to avoid untrustworthy contractors and keep the quality ones around
And So Much More!
Links from the Show
Submit your Question for an upcoming Seeing Greene episode!
David Greene's Real Estate Team
Henry Washington's BiggerPockets Profile
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0:00.0 | This is the bigger pockets podcast show 570 for part of why I think that even though the market is hot |
0:08.2 | it is the best time ever to buy real estate is because the rules changed that it's not going up and down like it used to. |
0:14.6 | It's we've basically made a decision our political leaders at least in this country that we will only accept one result which is prices going up. |
0:21.5 | And while that will make housing more expensive will also make food more expensive in gas and cars and all the things that people need. |
0:28.0 | Which means if you're listening to this there is no more important time in history than you invest your money better. |
0:41.0 | What's going on everyone? It is David Green your host of the bigger pockets podcast here today with an amazing episode that's made amazing by people just like you. |
0:50.9 | Today's show we do coaching calls with several different real estate investors who are hitting different hurdles in their business or having apprehension or just trying to figure out how do I navigate today's complicated market. |
1:03.5 | And we answer their questions for you to hear now this is a podcast where we teach you how to establish financial freedom through real estate. |
1:11.5 | So if that's what you're looking for you are in the right place. |
1:14.4 | We do that by bringing on other successful investors and interviewing them to hear what they did well as well as interviewing different investors to figure out what questions do they have that they're facing because you likely are as well. |
1:26.5 | And then offering insight from different people about how we think that they can handle facing those challenges these are a blast for me because I never know what's coming and people ask really really good questions that many of you are probably thinking in your head. |
1:39.0 | So I think most people who listen to this one are going to walk away feeling really good because the questions that are causing apprehension with that movie forward are the same things that people are wondering. |
1:48.4 | So make sure that you listen to this one all the way through and hear the best insight that I could possibly offer on how to navigate the market and how to win in today's real estate game. |
1:58.1 | Alright for today's quick tip I'm going to say consider getting a bigger pockets pro membership if you're looking to get serious about your investing it is a pretty small investment financially but it gives you and empowers you the ability to analyze properties very quickly as well as a host of other benefits but the biggest reason why I became a bigger pockets pro member was I wanted access to calculators that I could run through and figure out what would this property give me back on my money if I bought it. |
2:27.9 | If you don't have a tool like that when a deal crosses your path you're probably not going to take action on it because you just don't know what to do that's a great first step for many investors to take when it comes to empowering themselves to act on the opportunities that come their way. |
2:41.9 | Alright that's it for today's quick tip and just a quick word from today's show sponsors. |
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3:35.9 | deal machine dot com slash podcast that's deal machine dot com slash podcast bigger pockets pro just got a lot better now included with your pro membership you can get exclusive access to rent ready's property management software over 10,000 investors use rent ready's web and mobile apps to manage unlimited rental properties screen tenants and collect rent whether you are a real estate rookie or a cash flowing tycoon rent ready makes it easy to manage your units now you can scale your property. |
4:04.9 | You can scale your property portfolio faster without all the high costs and headaches of traditional property management. |
4:10.9 | Oh, and did I mention that there's no cost for bigger pockets pros pro members connects as rent ready by simply clicking right from your pro account and completing setup. |
4:18.9 | So what are you waiting for get started with rent ready today. |
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