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How Mike Prospered During The Crash
Manage episode 155927770 series 1171096
Content provided by Morning Money Show. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Morning Money Show or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Mike was well off before the real estate crash, but the opportunities that emerged enabled him to really cash-in, when everyone else was heading for the exits. Of course some of Mike's success was due to his vast experience, but he saw a market where almost-new houses were selling for 10-20% of their pre-crash prices. He never lost money on a single house he purchased during the crash. Because Mike is never a leveraged investor, he had equity in every property he owned before the crash, so when it hit he was well poised to snap-up the values.
47 episodes
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Manage episode 155927770 series 1171096
Content provided by Morning Money Show. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Morning Money Show or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Mike was well off before the real estate crash, but the opportunities that emerged enabled him to really cash-in, when everyone else was heading for the exits. Of course some of Mike's success was due to his vast experience, but he saw a market where almost-new houses were selling for 10-20% of their pre-crash prices. He never lost money on a single house he purchased during the crash. Because Mike is never a leveraged investor, he had equity in every property he owned before the crash, so when it hit he was well poised to snap-up the values.
47 episodes
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Similar to Morning Money Show
Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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Welcome to The Clever Investor Show, where your host, Cody Sperber, a seasoned real estate investor and educator, becomes your definitive source for everything in real estate investing and entrepreneurship. Each episode features conversations with giants in the industry like Grant Cardone, known for his real estate investor status; Wes Watson, sharing strategies for success; Eric Spofford, focusing on business growth and niche real estate markets; Pace Morby, a creative financing expert; and ...
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A weekly roundup of the most important stories from the worlds of business and finance, hosted by Felix Salmon. Want more Slate Money? Subscribe to Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. Subscribe now on Apple Podcasts by clicking “Try Free” at the top of our show page. Or, visit https://slate.com/moneyplus to get access wherever you listen.
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