EP 180 - Using Creativity To Survive a Falling Real Estate Market with Noah Evans

What did you think of todays show??Using Creativity To Survive a Falling Real Estate Market with Noah EvansEpisode 180We’ve said before that perseverance is what makes a good real estate investor, especially during those hard times when the market falls. Without the ability to push through and find creative solutions to problems, it will be impossible to minimize big losses and maintain a reputation as a successful real estate investor.Today, hosts Mike and Dan are joined by Noah Evans of The Chasing Freedom Show, as he shares how he creatively salvaged a deal where he could have lost everything, while also protecting the money of his investors. This included shutting down marketing, tightening his budgets on current projects, and more smart moves that he’ll detail during the interview.In this episode, Noah talks about everything you can imagine, from renting out barns to converting garages to art studios and venturing into boutique motels. We also discuss the shifting attitudes towards homeownership, how a lack of affordable housing is affecting towns big and small, and the importance of exit strategies in flipping.He’s a true innovator and problem solver, so you don’t want to miss out on his wealth of knowledge and experience. Tune in now!Topics discussed in this episode:From corporate to real estate/flippingHow he survived a downturn in his marketThe importance of exit strategiesShould you be buying in Boise right now?Transitioning out of flipping into rentalsWhy he decided against Airbnb investmentBoutique motelsChanging attitudes towards homeownershipThe affordable housing crisisNoah’s craziest real estate storyListen to Noah Evan’s podcast, “The Chasing Freedom Show,” on Apple Podcasts! https://podcasts.apple.com/us/podcast/the-chasing-freedom-show/id1575586175Connect with Noah on Instagram! https://www.instagram.com/noahevans_realestate/If you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/