387 Terror is Defining The Emotion Of The Day Brought on by the Pandemic-Bryan Ellis

In this podcast, you'll learn: A tremendous amount of capital being raised at the moment without proper analysis, this is a cause for concern. The famous Warren Buffet quote "Be greedy when others are fearful" is widely misunderstood and misapplied. "Terror is defining the emotion of the day" Brian said commenting on the unprecedented wreckage and hysteria in the market brought on by the Pandemic Be grounded in fundamentals, the haphazard market situation is no cause to lose sight of fundamentals Certain asset classes do exceptionally well at bad times while other asset classes suffer Bad deals are just as prevalent during bad times as they are in good times Before splurging on opportunistic real estate deals from the subdued market make sure to have: 1. Strong experience 2. Certainty that the project is currently profitable 3. Be able to see a clear path to substantial additional profitability In five years, cash-flow will have more value than equity The more hard data you give to people, the more reasons you give them to say no Book recommendation: Win Bigly by Scott Adams To connect with Brian visit 1DayRaise.com Sponsor: Sponsor: Please visit Apartment Investing Show subscribe, leave a review and hit the golden bell icon *And please go to iTunes to leave us a rating and write a review. Each review helps us reach a larger audience with your episode (Creative Real Estate Podcast)