#098: A Recession Is Coming - What Are We to Do As Real Estate Investors

The stock market is down, inflation is up, and gas and grocery prices are sky-high. Interest rates are going up as well, and crypto is losing its value fast. Instead of worrying, we want to prepare you for the potential crisis we’re facing. You can definitely make it out of this on top if you’re smart. You need to know how to pivot and be smart in the way you invest. Having multiple exit strategies is also a must. This new recession might be hard for some people, but if you can move along with whatever’s happening, you’ll be OK.

Recessions create motivated sellers and there’s still a strong demand for housing. Every downturn in the economy has a ton of opportunity and it all depends on how you handle it. Work on detaching from your own biases and prepare yourself for both the best- and worst-case scenarios. It’s important to stay close to like-minded, positive people during times like this so you can stay focused and on your game. If you need more people in your network, get involved in a coaching program or a mastermind. Nothing cripples your business like fear does. Stay focused on logic and out of your emotions.

Download our free PDF road map by clicking the link below.

What’s Inside:

How to stay profitable even during a recession.Why it’s important to surround yourself with positive people.Why you should invest, not save.

Mentioned in this episode:

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