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Is There a Potential for a Longer Market?
A lot of folks have locked in very low rates and aren't looking to make a move. People that were lucky enough to lock in low-inch straight mortgages are going to stay put. The only thing that causes somebody that has a good loan on the property to sell is if you read in the paper, home prices have gone down 25%.
Trey invites Patrick Carroll, the founder and CEO of Carroll, which is a multi-billion dollar real estate investment firm. Patrick is a self-made entrepreneur with boundless ambition and has built his empire from scratch. Together they discuss today’s real estate markets and so much more!
Patrick has risen from the school of hard knocks to become the success he is today.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
01:47 - Today’s real estate markets and how they eerily resemble 2008.
14:50 - How real estate investors and more importantly, lenders, are navigating the current landscape.
22:34 - Why multi-family is looked at as the least risky real estate asset.
36:39 - Why a large majority of Gen Z’ers are living with their parents and how the $68 trillion dollar wealth transfer from baby boomers will affect the real estate market.
44:10 - What indicators Patrick relies on.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
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