5 • 831 Ratings
🗓️ 23 May 2022
⏱️ 8 minutes
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0:00.0 | Everybody, Jake and Gino here. And today we are discussing how to buy apartments during a recession. |
0:12.2 | One of the main points that we stress over and over again is to add multiple tools to your tool belt when it comes to multifamily investing. |
0:22.0 | What do we mean by that? |
0:29.9 | Remain flexible. Remain flexible on the buy side so you can stay active in various phases of the market cycle, such as buying hold, joint ventures, syndication, creative financing, scattered site deals, |
0:36.6 | master lease options, and on and on and on. |
0:40.3 | I'm going to get political. Not really, but just kind of in my speech. Read my lips. |
0:45.5 | Let me be clear. Are we headed into a recession? Are we currently in a recession? I don't know. |
0:51.7 | I don't have a crystal ball. I'm not sure. Who knows what the Fed does? |
0:55.6 | I think we can all agree that we're in a weakened economy currently. So today, we are going to |
1:01.1 | discuss strategies for weathering the storm, remaining active, and we're going to keep that meat |
1:07.6 | coming in on the conveyor belt. So Mr. Gino, G Papa Funk, G Daddy, what are the |
1:12.3 | keys to investing during a recession? I want to give a big shout out first and foremost to everyone |
1:17.1 | who's been hyping crypto for the last couple of years. Where's crypto out everywhere? There's Bitcoin |
1:22.0 | right now. Now I'm not a hater because I'm losing just like a hater right now. I'm not because I'm losing just like you. |
1:27.8 | But I'm going to be a long-term buying holder forever. |
1:29.9 | I've got XRP. |
1:31.4 | I've got a little Shiba in there. |
1:33.1 | I've got stellar. |
1:34.4 | I own it, right? |
1:35.5 | I own like coin. |
1:36.4 | What is this like ladies and lingerie? |
1:38.0 | I don't know what you're talking about right now. |
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