"Timing the market" is nearly impossible... What do you do when you think you're about to overpay? Ben and Robby debate the validity of buying at a premium and study an example of professional investors that do this (sometimes). NOTE: Blackstone bought "Preferred Apartments" not "Premier Apartments". Check it out.

Highlights

• The overpaying opportunity. - 0:49
• Take charge of your own deal-making. - 2:28
• Ken Mcelroy’s approach. - 4:58
• One of the reasons why underwriters know what they’re doing with the numbers.- 8:01
• Never overpay for anything. - 9:44
• Blackstone’s role during the recession. - 12:17
• If I overpay, I give them too good of a deal. If I can get the price I want, I scout them. - 13:42
• What people are paying for. - 14:56
• The trick to being an investor. - 16:33 Episode Resources
• Connect with Robby Butler and Ben Robinson
• www.wealthrenegadepodcast.com
• www.prosperityeconomics.org
• [email protected]