estate is a basic human need, so there is always demand. And we also know demand far exceeds supply. But no one has a crystal ball that reveals exactly how real estate values are going to play out. That’s why it’s important to invest in real estate that can cashflow, so at the very least it can pay for its own expenses and debt payments to weather any economic storm or recession. Recessions come and go. If we position ourselves with enough liquidity and cash flow to survive the hardest economic times, then at the other side of that pain is a lot of opportunity. Unfortunately, many investors who do not have liquidity and are investing simply for appreciation (that may not come soon enough) will be forced to sell their assets prematurely; otherwise, lenders will take those assets back. If you can survive a rough economy, you will have your pick of the best real estate when we emerge on the other side. •
Arianne Lemire is a former speech language pathologist turned real estate investor who has rehabbed and wholesaled more than 500 single-
The more demand for rental housing, the higher rent goes. With many would-be homebuyers getting pushed out of the market due to high interest rates, the demand for rent has increased. This is especially true in areas with population growth and job growth. Real Estate is local. In the U.S. where there is negative population growth and job growth, rent prices stagnate and can decrease. This is because the supply of housing exceeds demand when there aren’t enough people moving to an area.
Home prices also stagnate and decrease in those areas. But in areas with strong population growth and job growth, demand continues to grow—and supply can only grow so much. Investing in these strong population and job growth areas will help protect your investment. 4. INVEST FOR CASHFLOW AND COUNT APPRECIATION AS A BONUS We are in turbulent and unprec- edented times. Yes, we know real
family properties. She has ownership in more than 2,000 multifamily rental units in the Southeast with partner investors. Her financial freedom has allowed her to travel several months a year to spend time with friends and family. During her travels, she realized she wanted to share that freedom with others. As a result, she launched WealthGym, a community that helps busy professionals create time and financial freedom so they can retire within a few years. Lemire spends her free time at her “Ask Arianne” YouTube channel, where she creates free educational videos on money, investing, and real estate to inspire others to achieve financial freedom early. You can reach Lemire at www.wealthgym.com, www.youtube.com/AskArianne, or https://www.instagram.com/theariannelemire.
thinkrealty . com | 13
Made with FlippingBook Online newsletter