The Property Podcast TPP553: Property strategies that don’t work [and some that are struggling]
Oct 19, 2023
In this podcast, the hosts discuss property strategies that are no longer effective or struggling in the current market. They dive into lease options, aggressive refinancing, flipping, developing, converting, and conclude which strategies are past their prime. They also explore evergreen strategies like adding value and buy and hold. The podcast emphasizes the importance of staying updated and adapting to market changes.
AI Snips
Chapters
Transcript
Episode notes
Avoid Lease Options
- Lease options are no longer a viable strategy in the current market.
- Reflect on your strategy if you're emotionally attached to lease options.
Aggressive Refinancing Decline
- Aggressive refinancing, once commonplace, is now much harder due to mortgage stress tests.
- While refinancing is still possible, aggressively leveraging property value increases for quick portfolio expansion is no longer feasible.
Flipping Struggles
- Flipping houses is struggling in the slow market.
- Adapt your strategy if you're a flipper; it's very tough right now.