Self Directed Investor Talk: Alternative Asset Investing Through Self-directed Ira's & Solo 401k's
You Have To Be An IDIOT To Value Real Estate THIS WAY... | Episode 88
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:07:44
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Sinopsis
How stupid do they think you are? It’s the favorite lie of real estate marketers and turnkey rental property: “Real estate in market X is at the same price it was 5 – 10 – 20 years ago… it’s on sale… it’s time to BUY, BUY, BUY!” My friends, I’m SICK OF IT… I’m Bryan Ellis, and I’ll tell you how they’re lying to you, why the lie sounds so reasonable, and exactly why your portfolio is being SCREWED as a result… RIGHT NOW in episode #88--------I just heard it on a radio show… yet again. It’s a huge lie… but it sounds SO GOOD…I’ll bet you’ve heard it, too.It goes like this: “In my market, houses are selling for the same price they were selling for 20 years ago… it’s time to BUY, BUY, BUY!”DEAR LORD, people! That may be the STUPIDEST justification for making an investment I’ve ever heard! You’ve heard the old line “what goes up must come down”… a condensed version of the laws of gravity, and also a warning against getting involved in investments that are too hot for their own good? Well, this argument – “