The Harsh Truth About the Real Estate Market in 2024 with Brian Burke
EPISODE 380: Is the real estate bubble about to burst?
While no one can say for sure, it\u2019s clear that the market is changing rapidly. It can be tough to navigate situations like these, especially for younger investors who have not experienced other periods of economic downturns. But fortunately, we do not have to rely on our own experience alone!\xa0
Joining us today is the OG of syndication and returning guest Brian Burke. Brian is the President and CEO of Prax Capital, a vertically integrated real estate investment company he founded in 2001. In his 30-year career, Brian has acquired over $800 million worth of real estate, and he's the author of The Hands-Off Investor: An Insider\u2019s Guide to Investing in Passive Real Estate Syndications.\xa0
In this insightful episode, Brian and I will talk about the current state of the real estate market and how you can come out of it as a winner.\xa0
Tune in!
Key Takeaways:\xa0
- 00:00:00 Intro\xa0
- 00:04:15 The current state of the real estate market
- 00:09:34 What Brian started noticing in 2021
- 00:12:32 The impact of COVID-19 on the real estate market
- 00:18:55 How the economic downturn is affecting rental properties\xa0
- 00:22:08 US real estate market trends in 2024
- 00:27:36 Best investing strategies for 2024
- 00:30:54 Top 5 investing tips
- 00:34:25 Outro
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\u27a1\ufe0f Check out Brian Burke:\xa0
\u2022 Instagram: https://www.instagram.com/investorbrianburke/\xa0\xa0
\u2022 Website: https://praxcap.com/
\u27a1\ufe0f Visit https://reedgoossens.com/ and:
\u2022 Invest passively in multifamily real estate\xa0
\u2022 Get FREE access to my 100% Passive Real Estate Investment Masterclass
\u2022 Take a look at my portfolio
\u2022 Get FREE multifamily real estate resources\xa0
\u27a1\ufe0f Follow me on social media:
\u2022 LinkedIn: https://www.linkedin.com/in/reed-goossens-b2a6a933/\xa0
\u2022 Instagram: https://www.instagram.com/reedgoossens/\xa0
\u2022 Facebook: https://www.facebook.com/reed.goossens/\xa0
\u27a1\ufe0f Subscribe to my podcast:\xa0
\u2022 YouTube: @ReedGoossensREI\xa0
\u2022 Apple: https://apple.co/44MiDN7\xa0
\u2022 Spotify: https://spoti.fi/45fVIcR\xa0
\u2022 Stitcher: https://bit.ly/3OHHJqJ\xa0
\u2022 Soundcloud: https://soundcloud.com/investing-in-the-us\xa0
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Investing in the U.S. is a podcast for real estate investors and entrepreneurs who want to break into the U.S. market and grow their wealth!
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