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The Survival Guide EVERY REAL ESTATE INVESTOR NEEDS!
Manage episode 469638747 series 3637816
Content provided by Joel Kadlec and Justin Foster. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joel Kadlec and Justin Foster or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
In this episode, we get real about what happens when real estate deals don't go as planned and how to protect yourself before things go sideways. From our own hard-learned lessons as investors, we share honest talk about managing risk, including why breaking even isn't good enough and why having cash reserves is crucial to staying in the game. Moreover, we dive into practical strategies for protecting your investments, from proper deal analysis to maintaining strong relationships with your lenders.
Whether you're just getting started or you've been around the block, we're sharing actionable tips to help you build lasting success while avoiding the common pitfalls that take investors out of the game.
📖CHAPTERS: 06:26 The Importance of Confidence and Self-Assessment 14:09 Stress Testing and Multiple Exit Strategies 21:30 Learning from Mistakes and Building Relationships
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