🎧 Warning - Risks of Rental Demand Declining When Investing in Real Estate
New To Podcast This Week - Over 106,382 Total Downloads*
There are risks associated with investing in real estate where rental demand declines resulting in lower rents and poor cash flow.
Risk, risk, risk... Life is full of risks.
To a limited degree, we get to choose which risks we voluntarily take on.
For example, if you choose to invest in real estate, you choose to take on some additional risks that you might not—directly—face if you opt to invest in something else with its own set of risks.
One risk when investing in real estate is the risk that the property you buy as a rental experiences a decline in rental demand, which often leads to a reduction in the rent you are getting.
What are some things we can do to eliminate or mitigate this risk in advance of seeing possible rental market demand declining, and what are some things we can do after demand softens?
That’s what James will cover in this mini-class.
Included In This Class
In this class, James discusses:
A George S Patton quote about fear, risks and making decisions.
More/Less speculative returns and why cash flow is more speculative than most people believe
Buying properties that have mass appeal
Buying better quality properties
Modifying Warren Buffett's quote: Buying wonderful properties at fair prices versus buying fair properties at wonderful prices.
Two opposing thoughts: discount for protection or quality to avoid selling
Lower rent, hold on and absorb lower income
Reserves and cumulative negative cash flow
Change use
Improve cash flow
Sell
Give property back
Refi and/or recast
Bring in partner
Plus much more...
How to Access in 3 Easy Steps
Click on the PODCAST button next to your city.
Select your preferred podcast player (Apple, Spotify, etc) and subscribe for free.
Enjoy!
Love,
James Orr
*As of May 25, the total number of downloads across all Real Estate Financial Plannerâ„¢ city-specific real estate investing podcasts for all episodes over all-time is over 106,382.
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