We all know the market is terrible, the sky is falling, and we should all probably just give up on trying to get ahead.
…at least if you listen to the news.
But there’s opportunities in every cycle of the market, and it’s no different today. Think about the “go-go 80’s”. They were some of the most prosperous times the western world has ever known. Yet mortgage interest rates were in the high teens and low twenties.
How can that be?
Are we looking back on those times through rose coloured glasses, or is it that higher mortgage rates don’t mean the end of the world?
Yes there are absolutely some folks that are gonna get screwed over by the rates. And yes there will be some folks that can’t afford to stay in their homes. But the antidote to the poison being spewed by most major news outlets is simple…
…education.
See the market is cyclical. About every 12 - 15 years the market corrects. Those that are educated know this and can prepare for it. Those who don’t either seek education, or get swallowed up by the changing tide.
One entrepreneur that stands out in this market is our guest on this episode of “Guide 2 the Grind”. Shannon Robnett has been in the real estate world as a developer, realtor, and syndicator of investments for nearly 30 years. He’s seen how the market cycles shift, and he’s been able to keep his head above water, and the heads of his investors, through all of it.
Have a listen to some of the strategies Shannon uses to underwrite his projects, and the education he shares with his investors to keep them growing toward their goals no matter what the market is doing.
www.guidetothegrind.com
We all know the market is terrible, the sky is falling, and we should all probably just give up on trying to get ahead.
…at least if you listen to the news.
But there’s opportunities in every cycle of the market, and it’s no different today. Think about the “go-go 80’s”. They were some of the most prosperous times the western world has ever known. Yet mortgage interest rates were in the high teens and low twenties.
How can that be?
Are we looking back on those times through rose coloured glasses, or is it that higher mortgage rates don’t mean the end of the world?
Yes there are absolutely some folks that are gonna get screwed over by the rates. And yes there will be some folks that can’t afford to stay in their homes. But the antidote to the poison being spewed by most major news outlets is simple…
…education.
See the market is cyclical. About every 12 - 15 years the market corrects. Those that are educated know this and can prepare for it. Those who don’t either seek education, or get swallowed up by the changing tide.
One entrepreneur that stands out in this market is our guest on this episode of “Guide 2 the Grind”. Shannon Robnett has been in the real estate world as a developer, realtor, and syndicator of investments for nearly 30 years. He’s seen how the market cycles shift, and he’s been able to keep his head above water, and the heads of his investors, through all of it.
Have a listen to some of the strategies Shannon uses to underwrite his projects, and the education he shares with his investors to keep them growing toward their goals no matter what the market is doing.
www.guidetothegrind.com