BiggerPockets Podcast 526: BiggerNews November: Congress’s $40B Sucker Punch to Real Estate Investors (See Update!)
Is Congress trying to curtail real estate investing? Will inflation eat up your profits while you sleep? Is now a good time to buy rentals, and if so, why?
David Greene and Dave Meyer are back on another episode of BiggerNews to discuss not only the cause of inflation but how to protect yourself against it in this hyper-inflationary environment we find ourselves in. Both David and Dave harp on how important it is to start investing as soon as you can, taking advantage of low-interest rates and locked-in leverage that bank financing provides.
Jeff Watson, attorney and self-directed IRA expert, joins the Dave duo to talk about the proposed “Build Back Better Bill” and its consequences for real estate investors. NOTE: In the time since this episode was recorded, the sections of the bill affecting Self-Directed IRAs have been removed. We've added video clips to the episode explaining those developments; we are choosing to keep the content because it offers a glimpse into an issue that may crop up again on Capitol Hill in the future.