Why Multifamily Is Down 30% (And How To Make Millions From It) w/ J SCOTT

Action Academy | Replace The Job You Hate With A Life You Love

Brian Luebben

Corporate, Careers, Business, Financial Freedom, Small Business, Entrepreneurship, Biggerpockets, Investing, Millionaire, Real Estate, Passive Income, Alex Hormozi, Commercial Real Estate

5 • 683 Ratings

🗓️ 17 June 2025

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

J Scott—best-selling author of four business books— spent much of his early career in Silicon Valley (California), and after leaving his corporate job, he started his real estate journey, helping people on the Multifamily space and has personally transacted over $150M in property all around the country. Connect with J: Instagram: @jscottinvestor Check out his best selling books Want To Quit Your Job In The Next 6-18 Months Through Buying Commercial Real Estate & Small Businesses? 👔🏝️...

Transcript

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0:00.0	A lot of people are really down there like, I don't want to be investing right now because it just feels like things are so bad.
0:05.1	The reality is, this is the bottom.
0:07.1	Today's the day to be buying because we're going to look back in five years and we're going to wish we bought everything.
0:11.8	All these companies that have lasted 100 plus years were all founded in recession.
0:15.4	And then we're complaining about there being a recession.
0:17.7	The reality is we are going to have a recession. The reality is we are going to have a recession. I don't know if it's today, six months from now, five years from now. On average, we have them every four, five, six,
0:24.4	seven years, and we're now overdue by about a decade. And we're seeing mass layoffs across the board.
0:29.6	We have AI paired with tariffs. Our members that are making $200,000, $300,000 a year, nine years in a position, all of a sudden, it's gone.
0:38.0	There's so many benefits that real estate investors get when it comes to taxes.
0:41.5	We haven't paid taxes in five years.
0:43.1	If people could understand this, it's literally going to your income and adding 37%.
0:48.6	It is.
0:49.3	To your income.
0:50.1	What's some closing advice you would give them in this economy?
0:52.4	We know what's going to happen five years from now, seven years from now, ten years from now.
0:56.1	And that is...
0:58.0	All right, Mr. Jay Scott, in the flesh.
1:00.7	How are you?
1:01.1	How's it gone, Brian?
1:01.9	I'm excited to have this conversation today, man.
1:04.4	I want to start this off with the quote.
1:06.4	That's one of my favorite quotes that I got from one of my nine-figure mentors, which is every single day
	...

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