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The Intrinsic Value Podcast - The Investor’s Podcast Network

REI066: Harsh Reality of Timing the Market w/ Vince Rodriguez

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Business, Education, Investing

4.6592 Ratings

🗓️ 19 April 2021

⏱️ 52 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: How to successfully invest in tenant-friendly states. How to successfully invest in expensive markets (California). Ways to build relationships in real estate. The harsh reality of trying to time the real estate market. Why you shouldn’t wait to buy your deal. How to raise money from friends and family. How to structure real estate legal entities. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.   BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Craig Curelop’s book The House Hacking Strategy. Theo Hicks’ book Best Ever Apartment Syndication. Mark Ferguson’s book Build a Rental Property Empire. Brandon Turner’s book How to Invest In Real Estate. All of Robert’s favorite books. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Robert: Twitter | LinkedIn Connect with Vince: Website | Instagram Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP. On today's show, I chat with Vince Rodriguez about investing in tenant-friendly

0:06.8

and expensive states, the harsh reality of trying to time the real estate market, and how to

0:11.9

raise money for your real estate deals. Vince is a mechanical engineer holding various patents and

0:16.9

a successful real estate investor. I get asked a lot about how to invest in expensive states as well as tenant-friendly states.

0:24.0

A lot of people say that it's not possible, but Vince debunks both of those myths in today's

0:28.8

episode.

0:29.8

He also explains the harsh reality of why you can't and shouldn't try to time the real estate

0:34.7

market.

0:35.7

So without further delay, let's get right into this week's episode with Vince Rodriguez.

0:43.7

You're listening to Real Estate Investing by the Investors Podcast Network,

0:47.8

where your host, Robert Leonard, interviews successful investors from various real estate

0:53.1

investing niches to help educate you on your real estate investing journey.

1:01.6

Hey everyone, welcome back to the Real Estate 101 podcast. As always, I'm your host, Robert Leonard.

1:11.5

And with me today, I have a listener of the show.

1:15.6

Vince, welcome to the show.

1:17.7

Hey, Robert, thanks for having me, man.

1:19.3

This is super exciting for me.

1:21.8

Before we get into your real estate deals, tell us a bit about yourself.

1:26.8

So I'm an immigrant from South India. I came

1:30.1

here in 2008 to do my engineering. So I have a master's in mechanical engineering. Also happen to

1:35.9

have an MBA, but I work in the medical device industry as a scientist, mainly focusing on

1:42.1

intellectual property and coming on with new technologies that

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