Fri, 23 September 2016
#102: Hardship in your life changes your mindset, goal, timetable, and your investing risk tolerance.
It changes how your think about your “Return On Time Invested.” Meet Ben Leybovich.
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Listen to this week’s show and learn:
03:39 Ben Leybovich Interview begins.
05:30 Ben is diagnosed with Multiple Sclerosis.
07:40 A process of elimination brings Ben to real estate investing.
11:08 Emotional investing.
14:20 Unlike Keith, Ben self-manages his properties. He uses Buildium.com.
30:18 Cash flow rises faster than inflation when you’re leveraged.
32:45 Guesswork - rent escalators, fixed mortgage interest rate duration.
33:43 Real estate environment in 2016.
36:50 Ben likes buying “below market.” Underwrite to fundamentals.
39:26 Regional housing markets.
44:19 Ten years ago, U.S. housing prices were 24% higher than today, adjusted for inflation.