Real Estate is Straight Up On Sale with Justin Anderson Part 2 of 2

About this episode

Last week you heard Justin's story. This week we get into the ideas behind it, and I will be honest with you, this one rearranged some furniture in my head. Justin's whole argument is that most investors are flying blind because they only watch one thing. The market. Is it going to crash, is it a good time to buy, what are rates doing. Meanwhile there are three separate cycles running under every property you own, and the one everybody obsesses over is the least important of the three. Then he gets into price versus value, and that is where it really opened up for me. Here is what we cover: • The property life cycle • The neighborhood life cycle • The market cycle. • Price versus value When…