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The Truth About Recessions & Real Estate | EP. 53

The Truth About Recessions & Real Estate | EP. 53

FromThe FasterFreedom Show: Change the Way You Think About Freedom


The Truth About Recessions & Real Estate | EP. 53

FromThe FasterFreedom Show: Change the Way You Think About Freedom

ratings:
Length:
27 minutes
Released:
Jan 18, 2023
Format:
Podcast episode

Description

Did you know that recessions have little or no correlation to the real estate market? There’s so much fear on social media regarding whether we are or aren’t in a recession — and why therefore it’s not wise to be investing in real estate.  Sam and Lucas are going old school on this episode of The FasterFreedom Show, and dropping the knowledge by giving us a FasterFreedom history lesson. On, you guessed it, the history of US recessions!  What we learn is that recessions happen, they’re cyclical. What happens though, if you follow the numbers, is that real estate goes up like crazy between recessions, so it's still a good, resilient investment to make. So actually none of what we’re experiencing now in the markets is new — it’s just packaged differently.  So then, what should you be looking at as your next investment? Where’s the opportunity? Sam and Lucas teach us to be greedy when other people are fearful — and vice versa. Join the FasterFreedom Show for some fascinating historical perspective, as well as learn how to play ‘The Net Worth Game’. Please join us! “The last six months all you hear is ‘the recession is coming, the recession is coming.’ Bro, we’re in the recession.” - Lucas Wall “Winter is coming. It’s like Game of Thrones.” - Sam Primm   In this Episode: -A brief history of US recessions-How much was the cost of an average house in the US in 1975?-What happened in the 1980 recession?-What happens when interest rates go up to fight inflation?-What was the price of real estate in the 1982 recession?-What are the signs that point to inflation?-What caused the recession in the early 2000s?-The ‘dotcom bubble’ bursting and 911’s roles in recessions-Surviving 2008 to 2010-When was the best time in history to get into real estate?-What do Sam and Lucas think of Warren Buffett?-Playing the Net Worth Game-How much are Ellen De Generes and Steve Harvey worth? And more!Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Released:
Jan 18, 2023
Format:
Podcast episode

Titles in the series (100)

It’s time to take control of your future and secure monthly cash flow. Not talking about your annual raise or getting a bigger bonus check, either. We’re talking substantial wealth that can transform your life and the generations that come after you using the power of real estate investing. If you have been plugging away at the same job for years and feel like you should be way further along by now, making substantially more money, You are not alone. So many people regret not taking action sooner, so they stick with the dead-end job and nothing ever changes. But the good news is it’s not too late, and by listening to Ordinary Guys, Extra Ordinary Wealth you’ll already be well on your way to financial freedom. Ordinary Guys, Extra Ordinary Wealth is going to teach you the exact methods that have helped hundreds of people go from making their first investment with no experience, to multi-millionaires with incredible portfolios that generate monthly passive income… and the best part, they did this without using any of their own money. Your hosts, Sam Primm and Lucas Walls started investing in real estate on the side, just like you. These two took their venture from side hustle to full-time job, and now own $40 million in rentals and counting (without using any of their own money). That has blossomed into an umbrella of industry-related companies that enhance and support their ventures. And really, they’re just a couple of normal millennial guys from the midwest! If you’re ready to take control and learn real estate investments the simple way, join the passive wealth club, grow a multimillion dollar portfolio, and even have fun doing it, Ordinary Guys, Extra Ordinary Wealth is a must-listen podcast. Follow the show now so you don’t miss a single episode.