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Updated over 3 years ago,

User Stats

55
Posts
14
Votes
Michael Zagorsky
  • West Melbourne, FL
14
Votes |
55
Posts

I'm not learning anymore about RE anymore from the BP Podcast

Michael Zagorsky
  • West Melbourne, FL
Posted

Just some feedback on the PB Podcast.

Things are really weird right now. Costs of rehabs and new construction are jumping. Risks of inflation are high. CAP rate sucks. There is a backlog of Covid evictions in some states. The old rules of thumb are all saying don't invest right now for most deals. 1031's might go away. I'm debating if I should cash out my property and sit with cash on the sidelines but worried sitting with cash is a mistake too.

All that to say, I want to hear what smart people are seeing, thinking, and doing right now in this market. Instead I'm this I'm hearing more about goal setting and vague advice to take action.  I need to make some tactile decisions where higher costs = higher downside risk. 

Not saying goal setting is not important, but one of my goals is to make good decisions about my investments and I'm not getting that from the BP podcast anymore.  I'm not sure if that is because the smart money is just sitting on the sidelines, or they are not wanting to talk about what they are doing, or that's not what the BP producers want to talk about.  

All that to say, I've learned so much about investing from the BP Podcast and listened to every episode, but I'm skipping it a lot now because I'm not getting the education I once did from it.  

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