How Real Estate Investors Can Thrive During A Recession | James Dainard
The A Game Podcast: Real Estate Investing For Entrepreneurs
Nick Lamagna
5.0 • 101 Ratings
🗓️ 26 December 2022
⏱️ 58 minutes
🧾️ Download transcript
Summary
Re-Release Bonus Episode #5 of 10 to end 2022!
Join Nick Lamagna as he talks with guest and the KING of the Seattle area real estate market James Dainard! James has an incredible story going from a waiter at Red Robin to real estate multi-millionaire through investing, developing, brokering and even lending. He currently has completed over 3000 fix and flips and has over 4000 multi family units under way. He has some of the best content out today to help real estate investors make sure they have systems and processes in place to limit risk and thrive in a transitioning real estate market.
He now runs companies such as Heaton Dainard – earning over an astounding $1 billion in sales and named one of washingtons fastest growing private companies four consecutive years in a row as well as PROJECT RE, Limelight development, Buckbuys houses, Easybuttonleads.com, Intrust funding and even finds time now to co-host the On The Market Podcast through Biggerpockets with amazing co-hosts such as Kathy Fettke, Jamil Damji, Henry Washington and Dave Meyer.
Topics for this episode include:
✅ The one thing you need to limit risk in a market turn
✅ When is true wealth made in the market
✅ Where's the best place to get market info and trends
✅ How much to pad your rehabs for inflation
✅ The danger of BRRRR right now
✅ What Fix and Flippers NEED to track or risk losing money
✅ What can working at Red Robin teach you about business? ➡️ More!
See the show notes to connect with all things James
Text Nick today to do some real estate deals together whether you are new or experienced at (516) 540-5733
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Transcript
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| 0:00.0 | All right. Number four, rounding out our 10 replayed episodes of the A Game podcast for 2022 is my guest, James Dainer. |
| 0:09.6 | This is another guy I got to spend some time with out in California, BPCon, cool as hell. |
| 0:14.3 | Just a good dude, hung out, took a picture, had some conversations, watched him speak on multiple panels. |
| 0:20.5 | And the guy just killed it every single time he was up there. I've been following his on the market podcast, and he has been just dropping amazing knowledge on that as well with Kathy Fedke and the Dadd of Daly and Henry Washington. And this guy just really knows his stuff. Right now, I think he's got some of the best content out there for real estate investors on his podcast and on his social |
| 0:38.6 | media with the stuff he's doing for heat and day nerd and the stuff that he's doing |
| 0:42.3 | with Project RE. |
| 0:44.6 | So follows YouTube, follow his social media, definitely listen to the podcast. |
| 0:47.8 | You will not regret it. |
| 0:48.9 | This dude has done so much real estate and knows it so well. |
| 0:52.3 | And it's just as real as they come. So I love what he's |
| 0:55.9 | doing. I love who he is as a person. Really great guy. Again, somebody that I consider a friend |
| 1:01.4 | now and I'm very happy that we got to connect not only on the podcast, but in person as well. And |
| 1:05.8 | looking very forward to stay in touch with him. You guys are going to love this podcast. This is |
| 1:10.2 | one of the ones that I had trouble cutting the clips for because there was just so many different ones that I thought had so much value and really people could benefit from. And it's just so much knowledge, so much education. So definitely listening to this one. This is probably one you're going to want to listen to multiple times. James Dana definitely brings his A gamegame. So thank you guys very much for checking |
| 1:27.9 | it out. And thank you, James Dana for coming on. Number four of 2022 roundoff replays. |
| 1:33.3 | Diglinac.com slash links to all the show notes to connect with me everywhere. Definitely |
| 1:38.1 | appreciate all of you guys. Have a safe and happy holiday. And looking forward to |
| 1:42.9 | 2023. |
| 1:46.6 | Text real estate if you guys want to do some deals together. |
| 1:49.0 | 516 540-5733. |
| 1:51.7 | Nicknick.com slash links, A-game podcast. |
| 2:19.6 | Thank you, everybody. Welcome to the A-game podcast with Nick LaManya, digging into the minds and experiences of some of today's brightest entrepreneurs in real estate and business, along with Hollywood stars, UFC fighters, and your favorite rock fans. People that have figured out how to overcome obstacles, take |
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