Housing Market Trends with Daren Blomquist | PREI 174
Passive Real Estate Investing
Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.
4.6 • 968 Ratings
🗓️ 13 August 2019
⏱️ 37 minutes
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| 0:00.0 | Welcome to passive real estate investing, the show where busy people like you |
| 0:04.7 | learn how to build substantial passive income while creating wealth for the |
| 0:08.7 | long term. And now here's your host, Marco Santorelli. |
| 0:13.0 | Welcome to passive real estate investing. |
| 0:16.0 | I'm your host, Marco Santorelli. |
| 0:18.0 | You know, Will Rogers once said, |
| 0:20.0 | don't wait to buy real estate, buy real estate and wait. |
| 0:24.6 | You know, there's a lot of truth to that because all markets, both economic and real estate, |
| 0:28.9 | cycle up and down over time. |
| 0:31.4 | When the housing market crashed back in 2008, it led to one of the worst economic periods since |
| 0:36.4 | the Great Depression, and we often refer to this period as the Great Recession. |
| 0:40.6 | The economy has not just recovered from that period, but today it has steadily grown each and every year since that crash. |
| 0:47.0 | And over the last decade or so, after the Great Recession, unemployment is now at its lowest in the last 50 years, |
| 0:54.7 | according to government statistics, wages are rising at a faster rate, |
| 0:59.2 | and consumers continue to spend more and more, which all fuels the economy as a whole. So paying |
| 1:05.2 | attention to housing market trends can serve you well as a real estate investor and |
| 1:10.2 | that's what we're going to learn more about today with my great guest |
| 1:13.4 | Darren Bloomquist. As landlords we tend to be most concerned with getting paid on time. |
| 1:18.4 | You might also know that thousands of landlords have to deal with the headache of evicting tenants each year. |
| 1:24.0 | Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees and take as long as four weeks to complete. |
| 1:31.0 | What if there was a trusted way to help prevent the headache of |
| 1:34.4 | dealing with evicting a tenant? Make the smart move right from the start. Smart |
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