The real estate market changes every day, but understanding these shifts can lead to significant profits. This is exactly how host Mike DeHaan recently scored a $300,000 profit on a rental property, strategically assessing and capitalizing on current market conditions.
In this episode of the Mike and Dan show, the hosts talk about his big win and reflect on the ups and downs of the real estate market that have shaped their investment decisions. They delve into the impact of rapid appreciation post-pandemic, regional market differences, adapting investment strategies, and more.
Mike and Dan also discuss key differences in commercial versus residential real estate to build wealth, highlighting the strategic use of non-recourse debt by commercial operators and the benefit of quick residential deal cycles. Tune in to hear how you can leverage these insights and participate in the real estate game!
Topics discussed in this episode:
- Mike’s home run property sale
- Market shifts: seller behavior and property values
- Building wealth in commercial versus residential real estate
- Insights from Mike’s recent trip to Charleston, SC
- How real estate investing varies by region
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This episode was produced by Podcast Boutique https://www.podcastboutique.com
