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Ron and Don Radio

Episode #533 - This is why you “ house-hack” in a choppy economy and become wealthy!

Ron and Don Radio

Ron and Don

News

4.9946 Ratings

🗓️ 31 March 2023

⏱️ 22 minutes

🧾️ Download transcript

Summary

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Transcript

Click on a timestamp to play from that location

0:00.0

If you're in Seattle, Seattle, and you need to buy your cellar home, we'll be right there for you because

0:09.7

we're the realtor that you can trust. So put to riding does a down that come. People ask me how do you put up with these two my answer good snacks and video games all right you guys hey what's going on it's

0:36.0

Ron Don Mitch dot loans is going to join us here in a moment but first on our real estate

0:42.4

only podcast on a Friday want to talk about two things today.

0:46.1

Number one people have said Airbnb when it comes to Airbnb

0:50.8

There's a huge Airbnb and B bus going on around the country. So let's talk about that. Number two, I also want to talk

1:00.3

about a phrase or a word that you might have heard and if you haven't heard this

1:04.1

word listen to a podcast called BiggerPockets. I really like the guys and the

1:09.1

gals that are on this podcast especially if you're kind of a 20, 30, 40 something right in there and

1:14.7

maybe you're beginning your real estate journey or you're maybe you already own a

1:19.2

house but you're going to begin to invest and you don't have any money

1:21.8

or you don't have a lot of money but you have a

1:24.1

W-2 job and you're wondering how do I acquire real estate and the big thing is if you're a

1:30.4

flipper that's not really you're not in real estate.

1:34.4

You just own a business that happens to use homes

1:38.8

as fuel for your

1:43.7

business, but you're taking those homes, you're creating a snowball of cash, and hopefully you're going out and you're able to buy more homes. And what happens in a market like we're having in real estate right now where there's kind of a

1:53.0

nationwide stall and there's a correction and in Seattle the correction has

1:57.7

already happened and I think we're gonna begin to see prices bump up in fact I

2:02.4

was looking at pricing the other day from March of

2:05.6

2022 to now March of 2023 when we are recording this

2:14.0

podcast in Seattle, Washington. And again, we know we have listeners all over the country

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