Episode 57: How to Make Money in a Down Market: Secrets to Real Estate Success

Introducing George Roberts III, a seasoned real estate data scientist and entrepreneur with an extensive track record spanning over two decades in the industry.

George is not only the visionary behind Walnut Grove Homes, a residential construction company, but also holds a pivotal role as a principal at Horizon Multifamily, an organization that sponsors multifamily opportunities.

In this episode, George shares his invaluable insights on various aspects of the real estate market. Tune in to discover his astute observations regarding the current state of the market and gain a glimpse into his well-founded predictions for its future trajectory.

George delves into his own investment strategies, offering a wealth of knowledge to those seeking to make informed decisions. Prepare to be inspired as he recounts his remarkable journey, navigating the highs and lows of the ever-changing market landscape.

You can access it through your preferred podcast platform.

✅ Apple →  https://apple.co/3IOy1Ar
✅ Stitcher →  https://bit.ly/3H3Y6dz
✅ Spotify →  https://spoti.fi/3XtL9Pt
✅ Youtube → https://bit.ly/3WcijlR


Let’s Stay Connected

✅ LinkedIn →  https://bit.ly/3Q9C5wC


Connect with George Roberts III

✅ Website → https://horizonmultifamily.com/our-team/
✅ LinkedIn →  https://www.linkedin.com/in/georgerobertsiii/
✅ Youtube → https://www.youtube.com/@georgerobertsiii
✅ Linktree → https://linktr.ee/george.roberts
✅ Email → [email protected] 

Time Stamps

[00:02:40] Overlooked real estate markets
[00:05:00] Affordability and rent growth
[00:09:22] Housing shortage and underbuilding
[00:12:28] US as world's reserve currency
[00:19:44] Seller financing is attractive
[00:20:35] Seller financing and brokers
[00:24:36] Investing in commodities
[00:29:23] Stoic approach to investing
[00:32:48] Staying grounded with wealth
[00:37:07] The power of instinct
[00:41:12] Choosing happiness

Quotes

"Well, one of the areas I like a lot is Cincinnati."

"Well, now more than ever is the time for prudence."

"Banks are essentially forced to invest in certain things. They have to have a certain amount of tier-one collateral.  If your treasuries and the mortgages that you originated a year ago are yielding very low, but you have to offer high rates to attract deposits because we live in an inflationary environment, you're losing your spread, the profitability goes way down, and the possibility is that you're going to have some banks like Silicon Valley who did literally no interest rate hedging and ended up literally going bust."

"Sellers have yesterday's prices in their mind and buyers have market prices in their mind. It's a great way, I think, to bridge that gap."

"I saw that we had an extraordinary housing crisis and that the housing crisis was continuing, that it really was not being solved and that it was very important to take the leap."

 "And it's also rather hard to dispose of them, depending on how you purchase them."

"If failure just means going and working for someone else, that's no worse than 90% of the rest of the world."

"There is no point in being lazy."

"You are about as happy as you choose to be."

#thepathtowellth #realestateinvesting