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The Count Down Begins
In episode seven of Real Estate Rescue, Cody Oakes discusses the opportunities for wealth creation during an economic collapse. He highlights the importance of studying the strategies of the ultra-wealthy and understanding the cyclical nature of recessions. Cody emphasizes the cycle of pain that typically lasts for two to three years and warns against overleveraging during times of economic growth. He also explores the impact of credit lending and the availability of low-interest financing on consumer behavior.
Tune in to learn how to make the most of economic downturns and protect your real estate investments.
TIMESTAMPS
[00:01:37] Overextended Individuals and Economic Collapse.
[00:05:47] Challenging times.
In this episode, Cody Oakes discusses the importance of being prepared and making quick decisions during challenging times in the housing market, business, and loans. He emphasizes that economic collapses run in cycles, and those who understand history and are willing to take calculated risks can benefit from the situation.
In addition to that, Real Estate Rescue aims to be a reliable partner and resource for individuals seeking assistance with their real estate and financial situations. They aim to be a reliable partner and resource that listeners can count on, providing assistance not only with residential houses but also with various financial issues such as credit card and loan debt. Cody also expresses their desire to help people stay in their homes and keep their businesses, as they anticipate a recession and other challenging economic situations.
QUOTES
- "They know that the greatest time to be able to become wealthy or increase your wealth is during an economic collapse."
- “When someone sees that their credit score is going high and you're able to purchase homes at 2-3% interest rate, you're able to get financing on cars for 2-3%, you're buying boats, you're going on trips, then you're overextending yourself.”
- “So, the people who are going to be prosperous through this situation are the people who have liquidity, the individuals who have good credit, the individuals who aren't over-leveraged, and also, the individuals who aren't afraid to take risk and know that these are cycles.”
SOCIAL MEDIA LINKS
Cody Oakes
LinkedIn: https://www.linkedin.com/in/cody-oakes-69089bb7/
WEBSITE:
Real Estate Rescue: https://www.realestaterescuepodcast.com/
View all episodes
By Cody OakesIn episode seven of Real Estate Rescue, Cody Oakes discusses the opportunities for wealth creation during an economic collapse. He highlights the importance of studying the strategies of the ultra-wealthy and understanding the cyclical nature of recessions. Cody emphasizes the cycle of pain that typically lasts for two to three years and warns against overleveraging during times of economic growth. He also explores the impact of credit lending and the availability of low-interest financing on consumer behavior.
Tune in to learn how to make the most of economic downturns and protect your real estate investments.
TIMESTAMPS
[00:01:37] Overextended Individuals and Economic Collapse.
[00:05:47] Challenging times.
In this episode, Cody Oakes discusses the importance of being prepared and making quick decisions during challenging times in the housing market, business, and loans. He emphasizes that economic collapses run in cycles, and those who understand history and are willing to take calculated risks can benefit from the situation.
In addition to that, Real Estate Rescue aims to be a reliable partner and resource for individuals seeking assistance with their real estate and financial situations. They aim to be a reliable partner and resource that listeners can count on, providing assistance not only with residential houses but also with various financial issues such as credit card and loan debt. Cody also expresses their desire to help people stay in their homes and keep their businesses, as they anticipate a recession and other challenging economic situations.
QUOTES
- "They know that the greatest time to be able to become wealthy or increase your wealth is during an economic collapse."
- “When someone sees that their credit score is going high and you're able to purchase homes at 2-3% interest rate, you're able to get financing on cars for 2-3%, you're buying boats, you're going on trips, then you're overextending yourself.”
- “So, the people who are going to be prosperous through this situation are the people who have liquidity, the individuals who have good credit, the individuals who aren't over-leveraged, and also, the individuals who aren't afraid to take risk and know that these are cycles.”
SOCIAL MEDIA LINKS
Cody Oakes
LinkedIn: https://www.linkedin.com/in/cody-oakes-69089bb7/
WEBSITE:
Real Estate Rescue: https://www.realestaterescuepodcast.com/