BiggerPockets Podcast 381: 5 Rules for Investing in a Down Market with Tucker Merrihew
Can you flip, wholesale, and buy rentals throughout a downturn?
Yes… IF you heed the advice given out in today’s episode.
Our guest Tucker Merrihew is more than qualified to tackle this subject, having launched his real estate business in Portland, Oregon, in 2008—during one of the worst housing markets of all time.
In a rare “Double Deep Dive” segment, Tucker walks us through a couple TTM Development projects from 2009 and reveals exactly what he did right and wrong at the time.
As for the coming months… you’ll learn which types of properties to avoid, which price ranges to target, and why renovating old homes can be risky business at this stage of the market cycle.
Plus, Tucker explains why he underwrites every deal at 3 different prices to make sure it passes his “Oh $#!# Test” if the market goes south.
Tucker is a seasoned pro with hundreds of deals under his belt, and he shares tons of valuable information for free in this episode. Be sure to subscribe to the BiggerPockets Real Estate Podcast for more tips on investing safely while taking advantage of the opportunities ahead.
Business Practices for the New Normal With Kim Cameron
Fair Housing 2019 Yearly Update
Fair Housing, yearly review, from the 4Q 2019 Legal Pulse Newsletter.
Coming Soon: Implicit Bias Training on Fair Housing
FHFA Responds to NAR’s Letter Requesting Support for Mortgage Liquidity
Virtual Showings With Craig Wilburn
BiggerPockets Podcast 380: Profitable Landlording in a Crisis with Mike Butler, Chris Clothier, and Dave Poeppelmeier
Feeling like you’re in uncharted territory as a landlord? You’re in good company!
Today’s show walks you through how to ethically and profitably manage rentals through the COVID-19 outbreak and beyond.
Brandon and David sit down with Mike Butler, acclaimed author of Landlording on Autopilot; Chris Clothier, partner at REI Nation (formerly Memphis Invest); and Dave Poeppelmeier, owner of eight houses in Toledo, Ohio.
You’ll get a ton out of this panel discussion, including exact scripts for communicating with non-paying residents, strategies for connecting tenants to government resources, a discussion about “deferment” vs. “forbearance,” and much more.
Mike (500+ units), Chris (6,000+ turnkey units), and Dave (8 properties, mostly student rentals) are all in different markets and at different stages of their investing careers… so you’re guaranteed to learn something you can apply in your business today.
Enjoy this episode, jump on the BiggerPockets Forums to connect with fellow investors, and subscribe to this show in your favorite podcast app so you won’t miss us next week!