#126: Build Back Better - Real Estate Investing Forecast 2021

<p class="p1"><strong>#126: Build Back Better - Real Estate Investing Forecast 2021</strong></p> <p class="p3">On this week’s show Gary chats with friend and longtime investor Frank Taylor. Frank purchases his first property during the<span class="Apple-converted-space"> </span> 1987-1988 boom (just like 20/21), then the market crashed in 1990, leading to a recession. He’s being going strong since then, with no signs of slowing down!</p> <p class="p3">He believes in buy and hold, and putting equity into his properties so that they are part of his retirement, and will be lasting assets for his children. Check below for all the great details of what you can learn!</p> <p class="p3"><strong>WHAT YOU’LL LE</strong>ARN:</p> <ul class="ul1"> <li class="li3">How buying in a boom, like now, can still get you valuable assets</li> <li class="li3">How he navigated the recession of 1990, during the first Gulf War</li> <li class="li3">Why his first mortgage interest rates were 10 or 12%</li> <li class="li3">Why the banks got more cautious during the recession and locked LOCs!</li> <li class="li3">Why Frank believes that putting money into his assets is the way to go</li> <li class="li3">Why Frank develops great relationships with owners on all sides of his investment properties</li> <li class="li3">“Treat your tenants like gold, because they are your clients!”</li> <li class="li3">Why you should under promise and over deliver</li> <li class="li3">Why 50% of his clients that left real estate investing, called him back after leaving to get back in the game</li> <li class="li3">Why Frank ALWAYS buys for cash flow -‘cash flow will always be the fundamental part of investing’</li> <li class="li3">Why the current stress tests are designed to mimic a crash</li> <li class="li3">Why Frank considers himself an historical restoration expert</li> <li class="li3">Why his buildings lease quickly, and the tenant class is above average</li> <li class="li3">Why he believes ‘the world is dying, and a green economy is required to save it’</li>