Episode 382

Tip Tuesday: Stick To Your Numbers and Be Ready for the Home Runs

With current economic uncertainty Jack has a short rant about sticking to your numbers and getting ready for the home runs that will present themselves.

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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

Transcript
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Welcome to the REI Mastermind Network where host Jack Hoss gathers amazing stories from leaders in real estate investing.

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In each episode, our guests will tell you what they're doing that works what they've tried that failed, and best of all, you'll learn actionable steps to take your real estate investing.

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To the next level now, here's Jack with another value packed episode.

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Hey everyone, it's Jack of another tip Tuesday.

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And this week.

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I want to talk about the current market conditions.

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As you see, we are likely in a recession.

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Whether we're changing the definition of that or not, and we might even be going into a deep recession.

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And we're going to see market changes, so I'm going to encourage you to really stick.

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To your numbers, those properties that you might be looking at right now might be on the verge of being an OK deal, but we really want to have our reserves and capital ready.

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For those home runs and you are going to run into some home runs if the economy continues as it is, so stick to your numbers.

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Stick to your buying requirements.

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Don't act out of emotion.

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Let's keep things right on par with our expectations.

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I hope that this episode.

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Really helps you out if.

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So, can you do me a?

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Quick favor and share it with another real estate investor that might need to.

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Hear this, but we'll see you next time.

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If you learned at least one actionable step to incorporate into your real estate investing.

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If so, please consider returning some of that value by leaving a positive review, subscribing to our YouTube channel, or joining our growing network on Facebook and Twitter.

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You can find links to all of our social media accounts in the show notes. See you next time.