The Great Financial Crisis - What Happened?

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We bought a vacant, of course, like you buy something vacant. You got to root with a loan, like you got to tenant it up immediately. We finally got the building lease stop and cash flowing. Then the GFC hit and rents went down by 20%. And that was a nightmare. But then the rent started to come back and we ended up doing okay."

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:25 - Moses' thoughts on higher education.

02:25 - Why there are more wealthy dumb people in real estate than any other field.

06:35 - How Warren Buffett has influenced him.

What’s most important to provide investors?

32:27 - How diversification is for when you are already rich.

16:36 - His experience in the 2008 downturn.

41:32 - How he views remote single-family rentals.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Robert’s book The Everything Guide to House Hacking.
Rich Dad Poor Dad by Robert Kiyosaki.
Berkshire Hathaway’s Shareholder Letters.
The Bezos Letters.
ReConvene.
Related Episode: Listen to REI143: Warren Buffet-inspired Real Estate Investing w/ Keith Wasserman, or watch the video.

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