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Updated over 5 years ago on . Most recent reply

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Casey Sbrana
  • Investor
  • Monrovia, CA
2
Votes |
7
Posts

How to talk about a possible recession?

Casey Sbrana
  • Investor
  • Monrovia, CA
Posted

I brought my investor a possible deal that looks pretty good on paper. He had some concerns and various questions which is totally fair. But then he also brought up the talk around the looming recession and how that could potentially affect the deal and maybe his willingness to fund it ... I didn’t have a great answer for him. 

Does anyone know a good way to approach this topic when people (especially those in the rental market game) bring it up as a concern and maybe even a hesitation to get involved? 

Thanks! 

P.S. The market we’re focused on is Indianapolis, IN it that makes any difference. 

Most Popular Reply

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13,367
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
19,404
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13,367
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied

A good deal is a good deal in any economy.  Just ask all the experts that have been predicting doom for the past 10-12 years.  You don't invest for the economy...you invest for the deal.

This is why you shouldn't invest where your profit is tied to future events (good/bad) that you have no control over.  That's not investing...that's speculating, and THAT IS impacted by the economy.

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