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294: Is This America's Most Recession-Resilient Market?

294: Is This America's Most Recession-Resilient Market?

FromGet Rich Education


294: Is This America's Most Recession-Resilient Market?

FromGet Rich Education

ratings:
Length:
45 minutes
Released:
May 25, 2020
Format:
Podcast episode

Description

Deflation is occurring before long-term inflation is expected.  When people stop buying things, manufacturers can’t charge enough, so they stop making products. This results in more layoffs.  Our national debt is $26 trillion. It’s doubtful that it will ever be repaid. This is why The Fed must inflate. MidSouthHomeBuyers.com has provided our listeners with more cash-flowing property than anyone. They’ve renovated 2,600+ homes in Memphis, TN and Little Rock, AR. They then place a tenant and manage the property for you. In the pandemic, renters prefer single-family homes over apartments. What makes Memphis so resilient? Shipping, distribution, transportation, medical. Memphis’ rental sweet spot is $660 - $990 for this class of property. Sale price: $60K - $95K. These are decent homes. I’ve been inside them with both guests. In 2009, Memphis saw no rent drops or occupancy drops. Last year, they expanded into Little Rock, Arkansas. You can start with a Memphis home for just $14K-$19K with down payment and closing costs. Expect a wait list. This reputable, longtime provider is popular.  Resources mentioned: MidSouthHomeBuyers.com USDebtClock.org Mortgage Loans: RidgeLendingGroup.com QRPs: text “QRP” in ALL CAPS to 72000 or: eQRP.co By texting “QRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. New Construction Turnkey Property: NewConstructionTurnkey.com Best Financial Education: GetRichEducation.com Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold
Released:
May 25, 2020
Format:
Podcast episode

Titles in the series (100)

This show has created more financial freedom for busy people like you than nearly any show in the world. Wealthy people's money either starts out or ends up in real estate. But you can't lose your time. Without being a landlord or flipper, you learn about strategic passive real estate investing to create wealth for yourself. I'm Show Host Keith Weinhold. I also serve on the Forbes Real Estate Council and write for Forbes. I serve you ACTIONABLE content for cash flow on a platter. Our bottom line in real estate investing together is: “What’s your Return On Time?” Where traditional personal finance merely helps you avoid losing, you learn how to WIN. Why live below your means when you can expand your means? Since 2002, international real estate investor Keith Weinhold owns multifamily apartment buildings to single family homes to agricultural real estate. New episodes are delivered every Monday.