YFP Real Estate Investing 62: Revisiting Fundamentals in a Changing Real Estate Market

Blake Johnson, PharmD, and Zac Hendricks return to the YFP Real Estate Investing Podcast to discuss their investment strategy and how they manage risk in a changing real estate market by returning to the fundamentals. 

Key Points From This Episode

A welcome back to Blake and Zac. An overview of the guests, their careers, and their real estate background.  Looking at the changes in the market over the last year and how to adjust your strategies. Blake’s endless energy and inability to stop buying properties. The importance of building a relationship with wholesalers. The difference between buying something off the MLS with the realtor or working with a wholesaler. Strategies Blake and Zac have used to handle the increase in interest rates.  The effects of price appreciation on Blake and Zac’s rentals. Power that lies in running your own numbers and running your own race. Predicting and dealing with the rising costs of rehabbing a house and potential supply chain issues. Why you should always shop around to decrease maintenance costs. A brief look at how to run a cash flow equation. Blake and Zac’s prediction of the market change over the next six to eight months. Advice for new investors.

Links Mentioned in Today’s Episode

YFP Real Estate Investing 03: Running the Rental Numbers with Blake and Zac Your Financial Pharmacist Podcast Baker’s Dirty Dozen: Principles for Financial Independence by Joe Baker, MBA with Lindsey Jordan Baker Smith Family Pharmacy Email Blake Johnson: [email protected] Follow Zac Hendricks on Instagram: @hendricks_remodeling YFP Real Estate Investing Join the YFP Real Estate Investing Facebook Group Your Financial Pharmacist Disclaimer and Disclosures