How to Thrive with High Interest Rates featuring Jimmy Vreeland
Jimmy Vreeland joins Marck to discuss how to thrive in the current high interest rate environment.
How The Current Real Estate Downturn is Impacting Wholesalers with Steve Trang
enAugust 15, 2022
What was the main topic of the podcast episode?
Summarise the key points discussed in the episode?
Were there any notable quotes or insights from the speakers?
Which popular books were mentioned in this episode?
Were there any points particularly controversial or thought-provoking discussed in the episode?
Were any current events or trending topics addressed in the episode?
About this Episode
Steve Trang is a successful real estate investor, business owner, sales trainer, and podcaster. He has interviewed and worked with so many real estate investors and he is here to tell us about what he has learned through the years.
Listen now to learn more about Steve and his journey so you could learn from the mistakes he made in the past!
Key Talking Points of the Episode
[00:00] Introduction
[01:30] What are the traits of successful investors?
[03:25] How have the last 2 years been for Steve?
[05:15] How does Steve react to the realization that he isn’t where he wants to be?
[07:06] What does Steve do with his time away from the business?
[08:40] What does success look like for Steve?
[10:29] How is Steve’s mission to make a hundred millionaires going?
[11:27] What will Steve do after he accomplishes his mission?
[12:22] What are Steve’s thoughts on active and passive investing?
[15:00] What was it like for Steve in 2007?
[17:30] What is the impact of inflation on the market from where Steve is?
[21:30] How is this downturn going to impact wholesalers on the market?
[23:40] What is the best way to educate customers?
[25:51] How can other investors have an advantage today?
[27:15] What’s happening to the rental market today?
[29:05] Why did Steve decide to buy a bank?
[32:33] What is an NFT?
[34:17] What is the value of an NFT?
[36:10] What benefits do you get from NFTs?
[39:45] How will real estate change when it enters the blockchain?
[40:27] What is one of the biggest mistakes Steve made in real estate?
[44:02] How has social media changed Steve’s life?
[47:36] Who are the 3 people Steve wants to be with for an afternoon of golf?
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Mistake FREE Real Estate With Marck de Lautour
enJune 01, 2023
How Agents Can Take Advantage of the Real Estate Market with Tom Cafarella
How agents can take advantage of the real estate market.
What Makes the Current Real Estate Market Different from the 2008 Recession with Jimmy Vreeland
Every quarter, my good friend Jimmy Vreeland and I sit down and talk about our experience in Collective Genius, a mastermind we are both a part of. In this episode, Jimmy and I are going to discuss what we learned from the presentations in the event, our biggest takeaways, and how we’re preparing our businesses for what’s coming.
Listen now to learn what happened during the last Collective Genius event and the golden nuggets we’ve picked up while we were there!
Key Talking Points of the Episode
00:00 Introduction
01:43 How does Collective Genius help us give back?
03:26 What are our biggest takeaways from the event?
06:53 What makes this recession different from 2008?
08:46 Where do we stand on inflation rates today?
12:44 How is inflation crushing the middle class?
14:38 How can real estate investing set you up for the future?
17:34 What is the greatest threat to every investor’s portfolio?
21:31 What does real estate value appreciation look like today?
23:32 Why should people take advantage of Fannie Mae loans?
26:42 What is happening in the new construction market today?
31:16 What are we experiencing in the turnkey market today?
Quotables
“The government hasn’t curbed their spending, they’re not doing to make energy more accessible, so that’s gonna stay expensive.”
“Kiyosaki went on Oprah in 1990, everybody knows about this! They just don’t get involved, they don’t get started.”
“Strategic and systematically buy assets so that when there is the next disaster and the fed does blast lower rates, then you refi everything out.”
“Like I’d always say, real estate doubles in value every 20-30 years, I think I’m gonna stop saying 30 because consistently, we are seeing real estate double in value every 20 years.”
“If you’re gonna buy and hold these assets forever, for long-term, then the smartest thing you can do is lock in a 30-year fixed to get these things paid off.”
“Most home builders have not been aggressively scaling and growing based on what they fear could be a downturn.”
“Quite frankly, I think that inventory is still so shallow, especially in the big cities that are experiencing massive population growth.”
Links
Book: Principles for Dealing with the Changing World Order
https://www.amazon.com/changing-world-order-nations-succeed-ebook/dp/b0881y73yg
Mistake FREE Real Estate With Marck de Lautour
enApril 06, 2023