EP 436 - When to Exit, Adapt, or Double Down on Your Real Estate Strategy

What did you think of todays show??What is actually happening in the market? Depending on who you talk to, you'll get a different answer but there's still plenty of opportunity out there.In this episode, we share the strategies working for us right now, what fundamentals we're doubling down on, and why we're not too worried about interest rates. We also talk about the mistake people make when they’re sitting on cash and what the collapse of real estate gurus says about where the industry is heading. Learn where you should be focusing in your business!Topics discussed:Introduction (00:00)How high will interest rates rise? (01:59)Boomer vs. millennial spending and opportunity (06:59)The downfall of real estate gurus and communities (16:33)Changes in our market and current business KPIs (24:52)Strategies that work in down markets (25:46)When to shut down your business (27:55)The benefits of holding onto cash (32:05)Investor vs. real estate operator (37:21)Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!https://instantinvestor.collectingkeys.com/invest-anywhereFollow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com