35 min listen
E328: Market Update: The Long Term Viewpoint - Steven Pesavento
E328: Market Update: The Long Term Viewpoint - Steven Pesavento
ratings:
Length:
14 minutes
Released:
Oct 5, 2022
Format:
Podcast episode
Description
What do we do in times of economic uncertainty? Steven is asked this question many times, especially in today’s economic downturn. In this episode, Steven takes a look at the current market situation and shares his knowledge and expertise on how you can still make the best of real estate investing. Key TakeawaysBy holding on and sitting on cash in your bank account, you're losing money every single day.When it comes to the current market, what is happening is that as interest rates go up, the cost of capital goes up, returns go down, and buyers and sellers continue to see a gap that is widening. If we move to a longer investment window, and we have longer term debt, we have the ability to wait out any type of storm that might be happening in the market.With locked in long term debt, with strong business plans with great operations, we can put ourselves in a position to greatly reduce risk and hedge ourselves against inflation, like no other asset class can do. Resources MentionedInterested in connecting with other like-minded individuals? Then join our VonFinch Private Capital Network. Learn more at http://www.vonfinch.com/invest.
Released:
Oct 5, 2022
Format:
Podcast episode
Titles in the series (100)
E13: Get Uncomfortable & Grow! How Desperation Drove Success - Cody Hofhine: Change comes from two things: Inspiration or Desperation. Join us as Cody Hofhine, an INC 5000 Co-founder and CEO of Wholesaling Inc., describes how he found his why, and when - at the bottom and from a place of desperation - he built an empire focused on leaving a living legacy and helping other people. by The Investor Mindset - Name Your Number Show [$]