Most Investors Will Lose Money in 2024, Don’t Be One of Them | Aleksey Chernobelskiy

EPISODE 394: Are you concerned about the current state of the real estate market? Good. You should be. The real estate market in 2024 is far from optimal, and many people will lose a lot of money as a result. But don’t worry. You don’t have to be one of them. Today on the show, I had the pleasure of talking to Aleksey Chernobelskiy. Aleksey advises limited partners on existing and future investments and writes a weekly educational blog to over 3000 investors. He has a wealth of experience and helped run a $10 billion real estate company before becoming an advisor. In this incredibly insightful episode of Investing in the US, Aleksey and I will discuss the current state of the real estate market and how to invest wisely in times of great distress. If you don’t want to lose money, this episode is for you!Tune in. Key Takeaways: 00:00 Intro00:56 How Aleksey made his first dollar as a kid03:14 Running a $10 billion real estate firm 05:36 Educating LP investors about the risks of investing08:51 The current state of the real estate market and lessons from 2008 16:32 The effects of the current distress on the market 21:33 How to finance real estate deals28:41 Transparency and managing investor expectations 31:38 Investing strategies for 2024 35:56 Last piece of advice 42:18 Outro  —➡️ Reach out to Aleksey Chernobelskiy:• LinkedIn: https://www.linkedin.com/in/chernobelskiy/ • Blog: https://substack.com/@aleksey ➡️ Visit https://reedgoossens.com/ and:• Invest passively in multifamily real estate • Get FREE access to my 100% Passive Real Estate Investment Masterclass• Take a look at my portfolio• Get FREE multifamily real estate resources ➡️ Follow me on social media:• LinkedIn: https://www.linkedin.com/in/reed-goossens-b2a6a933/ • Instagram: https://www.instagram.com/reedgoossens/ • Facebook: https://www.facebook.com/reed.goossens/ ➡️ Subscribe to my podcast: • YouTube: @ReedGoossensREI • Apple: https://apple.co/44MiDN7 • Spotify: https://spoti.fi/45fVIcR • Stitcher: https://bit.ly/3OHHJqJ • Soundcloud: https://soundcloud.com/investing-in-the-us —Investing in the U.S. is a podcast for real estate investors and entrepreneurs who want to break into the U.S. market and grow their wealth!Follow so you never miss an episode!