Many economic indicators predict a worldwide recession coming in the next year. As we near the end of 2016, how can we protect ourselves as investors? How can we prepare for a potential economic crash?
On this episode of Investing in Real Estate, I’m interviewing Harry Dent, economist and best-selling author. Harry is shedding light on the future of the economy, and its implications on real estate investing. If you want to be well-prepared for the future of real estate investing, this episode is for you!
More About This Show
Harry Dent has a long history of predicting the economic cycle. He’s dedicated his life to writing financial newsletters, and books forecasting both the US and global economy. His newest book, The Sale of a Lifetime, not only predicts the near future of our economy, but also explains how we can benefit if we are strategic.
Harry explicates, although an economic crash might appear daunting, it’s actually an opportunity to build massive, long-lasting wealth. As housing prices reach an all-time low and banks look to rid properties, investors will have a once-in-a-lifetime opportunity to purchase real estate at historical low prices.
But to do so, there are two things you’ll have to have in order: cash and cash flow. It will become nearly impossible to qualify for home mortgages, but those who have cash and cash flow will be able to purchase properties at bargain prices. Harry posits cash is king, but cash flow is a close second, because it shows that you are able to take over properties.
On today’s show, Harry and I are discussing market corrections and big banks. We’ll discuss the housing bubble, and the best vehicles for your money. Harry is sharing his advice on getting out of risky assets and markets, and how you can confirm that your properties are safe investments.
Harry has a wealth of knowledge on this topic. If you heed his advice, you can take advantage of the sale of a lifetime and build lasting wealth through real estate investing. To learn more about the economic crash of 2017, don’t miss this episode of Investing in Real Estate!
If you’re ready to begin building a passive income through rental real estate, book a FREE call with my team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.
On this episode you’ll learn:
- How far in advance can demographics predict the economic cycle?
- What happens when the economy runs on artificial stimuli?
- How much will real estate value decrease in 2017?
- Should you purchase real estate with no money down?
- Why shouldn’t you listen to your stockbroker?
- Plus, more about real estate investing!