68 min listen
381: 5 Rules for Investing in a Down Market with Tucker Merrihew
381: 5 Rules for Investing in a Down Market with Tucker Merrihew
ratings:
Length:
84 minutes
Released:
May 7, 2020
Format:
Podcast episode
Description
Can you flip, wholesale, and buy rentals throughout a downturn?Yes... IF you heed the advice given out in today's episode.Our guest Tucker Merrihew is more than qualified to tackle this subject, having launched his real estate business in Portland, Oregon, in 2008—during one of the worst housing markets of all time.In a rare "Double Deep Dive" segment, Tucker walks us through a couple TTM Development projects from 2009 and reveals exactly what he did right and wrong at the time.As for the coming months... you'll learn which types of properties to avoid, which price ranges to target, and why renovating old homes can be risky business at this stage of the market cycle.Plus, Tucker explains why he underwrites every deal at 3 different prices to make sure it passes his "Oh $#!# Test" if the market goes south.Tucker is a seasoned pro with hundreds of deals under his belt, and he shares tons of valuable information for free in this episode. Be sure to subscribe to the BiggerPockets Real Estate Podcast for more tips on investing safely while taking advantage of the opportunities ahead.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
May 7, 2020
Format:
Podcast episode
Titles in the series (100)
#10 : Flipping Houses 101 with J Scott: House flipping is one of the most popular methods of investing in real estate. However, it's sometimes difficult to know exactly how to get started, as there are thousands of blog posts, articles, forum posts, and more about the topic. In today's... by BiggerPockets Real Estate Podcast