Ep 8 - Stocks and Crypto dipped big, but a House is still worth a House

What did you think of todays show??Stocks and Crypto Dipped Big, but a House is still Worth a House Episode 8 Show Notes With the rise of inflation and the dip in stocks and crypto, is real estate a better investment? In this episode of the Collecting Keys Real Estate Investing Podcast, we discuss our reasoning behind why real estate is a better investment than stocks or crypto. We also talk about the benefits of switching to electronic smart keys and locks for your rental properties, how to scale residential real estate deals, and the power of hiring employees that are system-builders. Key Points From This Episode:Is it worth switching from physical keys to electronic smart keys/locks, even for long-term rentals? [01:54]Is residential real estate actually scalable? [05:35] No deal in real estate or entrepreneurship is a perfect deal, so stop being a perfectionist! [09:03]Why real estate is a better investment than stocks or crypto. [11:35]When you buy real estate, you make money. [17:46]Lessons learned from this week: The 2 types of employees, finding systems that work for your business, and enabling your employees to build systems that automate your business. [26:35] Tweetables: “A lot of people [are] worried about leaving money on the table or worried about something being perfect, so they don’t pull the trigger. That’s like saying I’m gonna hunt for my dinner but I only want to eat unicorn.” — Michael DeHaan [0:09:03] “The one thing that I can know about real estate is even if the real estate values go down and inflation goes crazy and our dollar is now worth nothing, a house will still be worth a house.” — Michael DeHaan [0:14:39] “If we lost 40% equity in our properties overnight, what would that look like? That’s a huge swing… we’re talking housing crisis… we’d still be okay.” — Daniel Austin [0:15:07] “Just make the best decisions you can for today and keep investing consistently and keep buying the deals that make sense in today’s market and over a period of time, you’ll be okay.” — Daniel Austin [0:17:46] Resources Mentioned:Mind Pump PodcastGoBundance Who Not How by Dan Sullivan Connect with us:Connect with Michael DeHaan on LinkedInFollow Michael DeHaan on InstagramFollow Michael DeHaan on TikTokVisit Dan Austin's websiteFollow Dan Austin on InstagramListen to more Collecting Keys episodesCollecting Keys Podcast on Instagram  If you enjoyed this episode, please leave a REVIEW and RATE it on iTunes, Apple Podcasts, and Spotify!