The economic cycle is inevitable, and a large amount of data predicts uncertain times ahead. What does this mean for real estate investing? Is there any way to be prepared for economic turmoil?
On this episode of Investing in Real Estate, Natali and I are discussing the future of the economy, as predicted by financial writer, Harry S. Dent, Jr. We’ll talk about what we learned from our reading, how we plan to prepare for a market correction, and how you can protect yourself from financial turmoil.
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I’m often asked what will happen to real estate investing if the economy collapses. I’m here to tell you: strategically investing in real estate is one of the best ways to protect yourself and your money from a recession! Buy and hold real estate properties are stable investments.
In Harry S. Dent Jr.’s newest book, The Sale of a Lifetime, he posits the market will soon face a devastating crash. Although this sounds terrifying, the overarching theme of the book is optimistic. If we approach this situation opportunistically as investors, there is much to be gained!
If you manage your money wisely, an economic crash can actually be profitable. If you’ve built up your cash reserves, and suddenly properties are selling for less money, that’s a great position to be in! As a real estate investor, purchasing great properties for a reasonable price is like striking gold.
Unlike the stock market, investment properties are real, tangible items. If your investments are producing a cash flow, chances are, you’ll be largely protected from financial distress. Perhaps the value of your homes will decrease, but if you’re buying in the right neighborhoods, you’ll still be collecting rent every month.
On today’s show, Natali and I are digging much deeper into this topic. We’ll discuss whether or not we agree wholeheartedly with Harry S. Dent Jr., and what the implications from his prediction are on our business. We’ll also talk about the natural cycle of the economy, and what not to do during an economic crisis!
If you’re ready to take the first step toward earning 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 will the upcoming economic collapse compare to 2008?
- What are the two things you need to have lined up to avoid economic turmoil in 2017?
- What is fractional reserve?
- How can you determine if your investments are safe?
- How does the US economy affect the global economy?
- And much more about real estate investing!
EP016: How to Buy Real Estate with Your 401k
The Demographic Cliff by Harry S. Dent, Jr.
The Sale of a Lifetime by Harry S. Dent, Jr.
Find Your Financial Freedom Number
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