EPISODE · May 11, 2020 · 40 MIN
AAA383 Recession Strategies and The Value of Understanding the Evolving Market-Jerome Maldonado
from Creative Real Estate Podcast
In this podcast, you'll learn: Diversification can allow you to penetrate the market quickly How can you utilize real estate right now to benefit from the down turn and how to get through it? The best thing that comes of of downturn is LOYALTY Position yourself, go to work and surround yourself with positive mental attitude Focus on the solution Tips to go through the market crisis 1. Need to get creative and diversify what you are doing 2. There's a 60-90 days period not to buy. They need to just set, watch and be patient 3. Thriving markets are 30% higher than they were pre recession 4. By July/August we will have a better understanding of what type of real economic impact this is gonna have 5. The OLD normal is not gonna be the NEW normal after we come out of this. If you have a 50%-70% debt to income ratio on your property, it's a good time to hold not to sell. If you are a seller and have a lot of debt to a property, you need to get rid of that debt and to be liquid. Keeping a solid mental state is the KEY Book Recommendation: The Power of Positive Thinking by Norman Vincent Peale To connect with Jerome, please visit: Instagram link https://instagram.com/jeromemaldonado1 Facebook link https://www.facebook.com/JeromeMaldonado.US/ Sponsor: FREE GIVEAWAY: Learn how you can implement the Fix & List strategy by watching Eric Young's free video lesson at (https://www.fixandlistsecrets.com) *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)
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AAA383 Recession Strategies and The Value of Understanding the Evolving Market-Jerome Maldonado
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