619: BiggerNews June: Why "DIY Landlords" Will Win in a Recession w/Laurence Jankelow
What do DIY landlording and inflation have to do with each other? Surprisingly, much more than you would think. As the year progresses and the housing market stays hot, more real estate investors are having trouble finding cash-flowing deals. At the same time, the tenants in those properties are seeing the price of their gas, groceries, and rent shoot up. Are tenants going to be left with enough money to pay rent every month? And if not, what will everyday landlords do to keep their properties?
These questions are best left to someone who not only has experience owning and managing rental properties but helping others do the same. Laurence Jankelow, co-founder of Avail, one of the leading property management software picks, is here to talk about the future of the DIY landlord, especially in 2022. Laurence has seen the trends on who’s increasing rent, who’s not, and how many cash-flowing deals are on the table.
Laurence, David, and Dave all take time to debate what the next year will look like for landlords and renters alike. If there is a recession around the corner, how can investors keep themselves in a strong position? What is the first expense new landlords should cut if their cash flow starts to dwindle? And what real estate trends are we seeing in today’s market that you can get ahead of? All these questions (and more) are answered in this month’s BiggerNews episode!
In This Episode We Cover:
Are we heading towards a recession, and if so, how do we prepare?
How software like Avail has made “DIY Landlording” the standard for new investors
The biggest challenges investors will face in 2022 and how to combat them
How would a recession affect the housing market (even as demand is high)
The best money-saving tips for DIY landlords and real estate investors
Inflation’s effect on asset prices and pivoting in your investing strategy
And So Much More!
Links from the Show
Ask David Your Real Estate Investing Question
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Subscribe to The “On The Market” YouTube Channel
Check Out the “On The Market” Interview with J Scott
6 Things You’ll Need When Getting Into DIY Landlording
Start Landlording Smarter with Avail
Book Mentioned in the Show
Rich Dad Poor Dad by Robert Kiyosaki
Connect with Laurence:
Laurence's BiggerPockets Profile
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-619
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