102. Make Sure You Are READY

An episode of the Investor's Guide to Memphis Real Estate podcast, hosted by CrestCore Realty, titled "102. Make Sure You Are READY" was published on July 6, 2022 and runs 34 minutes.

July 6, 2022 ·34m · Investor's Guide to Memphis Real Estate

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Summary

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.

Episode Description

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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