The PPhREI Network Highlights drop once a week and include the best posts from the PPhREI network….
This week the Darwinian Doctor gives us some insight about water and how it can be a Real Estate Investor’s worst enemy… Dr. Shin shares a couple real life examples of how water can cause havoc and how to address these problems when they occur. Real estate investing is not for the faint of heart and Dr. Shin demonstrates the mindset required to handle the challenges of real estate investing.
There is a lot of uncertainty right now in Real Estate. Interest rates are rising and homes are still at all time high. Some Gurus are claiming a crash is coming and others believe things will sky rocket because of inflation combined with low inventory. The reality is at some point there will be be a downturn… the problem is that predicting a downturn is very difficult… Therefore it is wise practice to invest in preparation that a crash will happen. That does not mean you have to be completely conservative with your investments but practice some diversity. The Prudent Plastic Surgeon outlines his “crash proof retirement” in the PPhREI network highlight of the week.
Hot tubs… They can be awesome or a major pain… They also can be the source of some pretty unbelievable stories. Hot tubs are not for every property but if you are considering one read this week’s post from Carpe Diem MD…
Enjoy your Journey to Financial Freedom