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Live Q&A - Multi-Family vs. Single-Family, Renting to Friends and Family, and Adjusting to a Downturn in the Market

Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Facebook Live Question and Answer sessions. I just started doing these live forums in April and they are going so well and I am getting such great feedback and questions, I thought I would share them here on the podcast. Especially for those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more! Some of the questions have been very real estate specific, but others have been general business questions, like asking about overcoming fear in order to get started and how to successfully scale. I have also received more personal questions like how I decided real estate investing was right for me and the steps I took to get my business off the ground.

 

This presentation is the live Q&A that I did the week of February 23rd and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests’ fabulous and compelling questions! Don’t miss this new episode of the Just Start Real Estate Podcast!




Notable Quotes:

 

“You need to know what is happening with the market so you can adjust your strategy.”

 

“You don’t hide from the market - you go into it.”

 

“Don’t count on a downturn. Stay the course and keep doing what you are doing, just keep your ear to the ground.”

 

“If the market changes, react to that appropriately with the way you buy and sell properties.”

 

“I would pull your money out as soon as your financing company will let you, then rinse and repeat.”

 

“Doing one of these a year is a slow road and I am just not a slow road guy.”

 

“We play the game fairly.”

 

“Doing the work up front with a potential tenant is one of the most important aspects of being a landlord.”




Links:

7 Figure Investor

7 Figure Flipping

Return on Investments

Just Start Real Estate

JSRE on Facebook

Mike on Facebook

Mike on Instagram

Mike on LinkedIn

Mike on Twitter

Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months