Real Estate Rookie They Were Right in 2008, Now They’re Saying to Buy in 2026 w/ Thach Nguyen & James Dainard
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Jan 14, 2026 
Join seasoned real estate pros Thach Nguyen and James Dainard as they navigate the potential housing market landscape. They share insights from their experiences during the 2008 crash, emphasizing why fear can lead to opportunity today. Rookies are encouraged to maintain steady income while learning the ropes of property sourcing. Thach and James also discuss the benefits of a buyer's market, effective strategies for analyzing deals, and the importance of patience and long-term thinking in building wealth.
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From Wholesaler To Survivor
- James was a wholesaler turned flipper with six rentals when subprime blew up and deals disappeared overnight.
- He and his partner survived by switching from wholesaling to buying properties nobody else wanted.
Construction Pain In 2008
- Thach sold lots of homes and did new construction before 2008, which cushioned his income during the crash.
- He lost heavily on apartment projects but kept going and learned not to overextend on long construction timelines.
Keep Your Day Job Initially
- Keep your nine-to-five while you learn and use wholesaling or flips to generate quick capital.
- Transition slowly into real estate instead of quitting your job and risking financial stability.