102: Overcoming Tragedy and Investing with Ben Leybovich
Overcoming Tragedy and Investing with Ben Leybovich
Hardship in your life changes your mindset, goal, timetable, and your investing risk tolerance. It changes how your think about your “Return On Time Invested.” Meet Ben Leybovich. Want more wealth? Visit www.GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities. Listen to this week’s show and learn:
03:39 Ben Leybovich Interview begins.
05:30 Ben is diagnosed with Multiple Sclerosis.
07:40 A process of elimination brings Ben to real estate investing.
11:08 Emotional investing.
14:20 Unlike Keith, Ben self-manages his properties. He uses Buildium.com.
16:40 ROI.
30:18 Cash flow rises faster than inflation when you’re leveraged.
32:45 Guesswork – rent escalators, fixed mortgage interest rate duration.
33:43 Real estate environment in 2016.
36:50 Ben likes buying “below market.” Underwrite to fundamentals.
39:26 Regional housing markets.
44:19 Ten years ago, U.S. housing prices were 24% higher than today, adjusted for inflation.