Prepare Not Panic - The Coming Recession 1142
We\u2019re continuing our discussion on how to recession-proof your real estate investing business, and today we\u2019re talking about how to prepare, not panic. We cover how to identify problems and how to solve them. We\u2019ll also share what to do if you\u2019re personally on the ropes or soon will be, and the things you should be focusing on in real estate specifically. Companies might be laying off, but there are plenty of people out there wholesaling deals. One of the most important things you can do is stay positive. We all hoarded toilet paper a few years ago, but now it\u2019s time to focus on hoarding positivity.
During a recession, new problems emerge every day. As real estate entrepreneurs, we\u2019re in the problem-solving business, which is great news. People are always adapting to change in new and innovative ways and there\u2019s no reason why you shouldn\u2019t capitalize off that. People living in fear will happily pay for solutions that provide them with safety and security. You\u2019re only as successful as the five closest people around you, so make sure they\u2019re not filling your head with negativity.
Don\u2019t forget to go to REIProof.com to download our free PDF report.
What\u2019s Inside:
\u2014Why you should be a producer, not a consumer.
\u2014Why it\u2019s important to stay involved in networking and masterminds.
\u2014Why not knowing your numbers is a big mistake.