36: Make Your Real Estate Business Recession-Proof With These 3 Steps!

Economic uncertainty doesn’t have to derail your real estate goals! That is why in this episode, I’ll share actionable strategies to keep your rental business thriving, no matter the market conditions.  From negotiating better deals to mastering recession-proof exit strategies, you will learn how to adapt and protect your investments in real estate. Plus, I’ll break down the myths about voucher tenants and how you can leverage Section 8 properties to ensure consistent cash flow. Tune in to strengthen your investing game and recession-proof your portfolio! KEY POINTS:  - What is a recession? - On navigating Airbnb and long-term rentals  - The importance of having multiple exit strategies - 1: On negotiating and purchasing properties under market value - 2: Buying value add properties - 3: On considering section eight in rental properties - BRRR method: buy, rehab, rent, refinance, and repeat - The importance of proper screening for tenants  - Invest in the right knowledge and supportive community QUOTES: “You could make three times more income through Airbnb than long-term renting. So, that really helped me to scale my portfolio faster for us to be able to buy properties faster.” – Erika Brown “BRRR method is still a good method to use when investing in real estate, but that refinance part can be kind of tricky in this market.” – Erika Brown RESOURCES:  Did you miss The Owning It & Living It Experience 2024?? The OILI Experience is coming back in 2025!!! 🎟️ Don’t miss out! Join the waitlist now to be the first to know when the tickets drop- and snag an exclusive early bird discount. https://erikab.kit.com/0e77490fcc [FREE CONSULTATION] Looking to buy, sell, or invest in real estate in Atlanta? My team of expert, investor-friendly agents is here to help! Book a free 15-minute consultation with one of my agents today, and let’s figure out your next move together. [FB GROUP] Loving the podcast and want to connect with me and our incredible guests? Join the Owning It and Living It Facebook group! It’s your go-to spot for real estate tips, advice, and a supportive community of investors just like you. Join us today and let's take your real estate journey to the next level. Erika Brown IG: @erikabrowninvestor LinkedIn: @erika brown Wealth Within Reach is produced by EPYC Media Network