How to Prepare for a Recession in 2020 | 787
Epic Real Estate Investing
Matt Theriault
4.7 • 955 Ratings
🗓️ 26 September 2019
⏱️ 14 minutes
🧾️ Download transcript
Summary
The sky is falling, the recession is on its way, and it cannot be stopped! Therefore, Matt Theriault shares 5 defensive and 5 offensive moves he is going to make to prepare himself for the upcoming crash. Tune in and find out more!
Transcript
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| 0:00.0 | This is Tereo Media. Success in real estate has nothing to do with shiny objects. |
| 0:15.0 | It has everything to do with mastering the basics. |
| 0:18.0 | The three pillars of real estate investing. |
| 0:20.0 | Attract, convert, exit. |
| 0:25.0 | Matt Terrio has been helping real estate investors do just that for more than a decade now. |
| 0:30.0 | If you want to make money in real estate, keep listening. |
| 0:32.0 | If you want it faster money in real estate, keep listening. If you want it faster, |
| 0:34.0 | visit re I ACE.com. Here's Matt. |
| 0:38.4 | Hey watch out, the sky is falling, the recession, it's on its way, and it can't be stopped. |
| 0:44.0 | So what are you going to do about it? |
| 0:46.0 | Well, I've been through this more than once and this time I know exactly what I'm going to do to prepare |
| 0:51.6 | for the recession and I've got five defensive moves I'm going to make and I've got five offensive moves I'm going to make and that's what I'm going to show you today. |
| 0:59.0 | So is the sky falling? Well I suppose it depends on who you listen to as |
| 1:04.5 | there's seemingly never a shortage of people |
| 1:06.7 | predicting an economic recession. |
| 1:09.0 | And most of them, they predict that it's going to happen |
| 1:11.0 | the following year, and most of the time they are wrong. |
| 1:15.0 | But it is a numbers game. Eventually they will be right. |
| 1:18.5 | At some point a recession will happen. |
| 1:21.8 | You know history tells us that the longer we go without a recession the |
| 1:25.2 | higher the probability becomes that one will occur and today no surprise we're |
| 1:30.4 | seeing a lot of hand wringing right? A lot of people anxious about this possible recession |
... |
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