Rental Properties in Uncertain Times - Respond, Don't React!
Mar 31, 2023•26 min•Ep. 119
Episode description
Gary discusses his experience at Think Realty in Houston and shares insights about Risk versus Reward in real estate. He emphasizes the importance of liquidity, having a clear exit strategy, and being responsive to market changes. Also, he suggests investors hold more capital, be cautious of locations with out-migration, and invest in affordable properties with potential for vacation rentals. He also highlights the value of long-term fixed-rate financing and recommends attending the Aspire Conference for wealth-building advice and networking opportunities.
Episode Highlights
- The difference between reacting and responding to change and how this impacts investment decisions
- The importance of positioning oneself to take advantage of change instead of being fearful
- Potential risks in real estate
- Developing the practice of problem-solving for other property owners and avoiding the mentality of taking advantage of others in troubled times
- Protecting real estate investments during inflation spikes by obtaining long-term fixed-rate financing
- The importance of having multiple exit strategies
- Gary’s favorite real estate locations, including Florida's east and west coasts, Southern Alabama, and other low-cost areas with vacation appeal.
Links and Resources from this Episode - https://thinkrealty.com/tr-events/
- Connect with Gary Pinkerton
- https://www.paradigmlife.net/
- [email protected]
- https://garypinkerton.com/
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