EPISODE · Jul 6, 2022 · 34 MIN
102. Make Sure You Are READY
from Investor's Guide to Memphis Real Estate · host CrestCore Realty
You want to look smart three to five years from now? Well, you're gonna have to do a few things differently because we will see some massive changes in the next six to nine months. Expenses and rates are going up and cash flow is going down. So, how are you going to navigate your way through what's coming? Well, we've got some advice for you. Here are a few points covered in this episode: Clear your lines of credit. Hang tight and wait on unnecessary expenses for rentals. Make sure your lease renewals are up to market rent. Buy in traditionally solid areas. (Location, location, location!) And remember: “A recession is a terrible thing to waste.” ― Paul Romer, Stanford economist. Have any questions? Shoot me an email: [email protected] Dean Harris, VP of Sales at CrestCore Realty Douglas Skipworth, Founder & Principal Broker at CrestCore Realty Podcast production and design by Parasaur Studios This podcast is brought to you by William N. Griffin, Jr., Atty Griffin, Clift, Everton & Maschmeyer PLLC.
What this episode covers
You want to look smart three to five years from now? Well, you're gonna have to do a few things differently because we will see some massive changes in the next six to nine months. Expenses and rates are going up and cash flow is going down. So, how are you going to navigate your way through what's coming? Well, we've got some advice for you. Here are a few points covered in this episode: Clear your lines of credit. Hang tight and wait on unnecessary expenses for rentals. Make sure your lease renewals are up to market rent. Buy in traditionally solid areas. (Location, location, location!) And remember: “A recession is a terrible thing to waste.” ― Paul Romer, Stanford economist. Have any questions? Shoot me an email: [email protected] Dean Harris, VP of Sales at CrestCore Realty Douglas Skipworth, Founder & Principal Broker at CrestCore Realty Podcast production and design by Parasaur Studios This podcast is brought to you by William N. Griffin, Jr., Atty Griffin, Clift, Everton & Maschmeyer PLLC.
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102. Make Sure You Are READY
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