BiggerPockets Real Estate Podcast

592: BiggerNews April: How to Counter the Biggest Risk of 2022's Real Estate Cycle w/Doug Lodmell

04.05.2022 - By BiggerPocketsPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

The way the housing market moves largely depends on the real estate cycle we’re currently in. We all saw this during the 2007 subprime mortgage crisis as overleveraged homeowners saw their properties foreclosed on and later sold to investors who had cash on hand. We’re currently experiencing dramatic demand coupled with low inventory, so are we at the end of the housing market cycle, ready for a recession to knock down this house of cards?

Whether we are or aren’t close to a housing bubble bursting, smart real estate investors are protecting their wealth regardless of what is to come. This is where today’s guest, Doug Lodmell, has gleaming insight. Doug and his team have worked for decades to protect the wealth of real estate investors. This is commonly known as asset protection but can be thought of as simple risk mitigation for the new real estate investor.

Doug has been through expansion, crashes, corrections, recoveries, and everything in between and has seen what a poor asset protection strategy can do to an investor's portfolio. He drops some knowledge on today’s show around how real estate investors in 2022 can protect themselves from going through a repeat of 2008. His simple, yet undeniably valuable advice could save you not only money but years worth of work you’ve put into real estate investing.

In This Episode We Cover:

Quick takes on today’s biggest stories surrounding the housing market

The tools asset protection lawyers use to protect and disguise their clients’ wealth

Whether or not new real estate investors need LLCs when buying properties 

The biggest mistakes real estate investors make that cost them their wealth

Leveraging debt to build your portfolio vs. cash hoarding for post-crash opportunities

BiggerPockets’ newest podcast show featuring our own Dave Meyer!

And So Much More!

Links from the Show

BiggerPockets Forums

BiggerPockets Youtube Channel

On the Market Podcast

Walmart

Bloomberg News

David's Instagram

Dave's Instagram

Connect with Doug:

Doug's LinkedIn Profile

Doug's Company Website

Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-592

Learn more about your ad choices. Visit megaphone.fm/adchoices

More episodes from BiggerPockets Real Estate Podcast