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Steps Real Estate Investors Can Take to Prepare for the Next Recession

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Manage episode 480750952 series 3591185
Content provided by Cynthia Meyer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Cynthia Meyer 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://staging.podcastplayer.com/legal.

In Episode 55 of the Real Life Planning Podcast, Cynthia Meyer, CFA®, CFP®, ChFC®, provides a practical roadmap to help rental property investors prepare for the next economic downturn. While no one can predict exactly when a recession will hit, Cynthia shares how to proactively anticipate what you’ll do if a tenant pays late (or not at all), strengthen your financial foundation, and position yourself to take advantage of new opportunities.

" Recessions don't happen overnight. They're a normal part of the business or market cycle. ” - Cynthia Meyer

This week on Real Life Planning Podcast:

💡 Why mindset is key for recession planning [00:02:01]

💡 How much cash should real estate investors set aside in reserves? [00:03:03]

💡 Tips for short-term rental owners during economic slowdowns [00:08:19]

💡 Why recessions can create new opportunities [00:09:40]

💡 Should you refinance if rates drop during a recession? [00:11:43]


Connect with Real Life Planning:

The ReaL Life Planning Podcast is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.

Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.

  continue reading

58 episodes

Artwork
iconShare
 
Manage episode 480750952 series 3591185
Content provided by Cynthia Meyer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Cynthia Meyer 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://staging.podcastplayer.com/legal.

In Episode 55 of the Real Life Planning Podcast, Cynthia Meyer, CFA®, CFP®, ChFC®, provides a practical roadmap to help rental property investors prepare for the next economic downturn. While no one can predict exactly when a recession will hit, Cynthia shares how to proactively anticipate what you’ll do if a tenant pays late (or not at all), strengthen your financial foundation, and position yourself to take advantage of new opportunities.

" Recessions don't happen overnight. They're a normal part of the business or market cycle. ” - Cynthia Meyer

This week on Real Life Planning Podcast:

💡 Why mindset is key for recession planning [00:02:01]

💡 How much cash should real estate investors set aside in reserves? [00:03:03]

💡 Tips for short-term rental owners during economic slowdowns [00:08:19]

💡 Why recessions can create new opportunities [00:09:40]

💡 Should you refinance if rates drop during a recession? [00:11:43]


Connect with Real Life Planning:

The ReaL Life Planning Podcast is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.

Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.

  continue reading

58 episodes

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