Recession-Proof Real Estate Investing: How to Survive [and Thrive!] During Any Phase of the Economic Cycle

by J. Scott

Take any recession in stride by learning to modify your investing tactics—not only to survive an economic downturn, but to also thrive! You'll never be intimidated by a market shift again. The 2008 Great Recession was a time of economic turmoil and disruption, and many real estate investors lost everything they’d worked so hard to achieve. However, not every investor suffered that Even during the worst parts of the downturn, some real estate professionals were able to grow and scale their businesses. Not only did they come out the other side unscathed, but they also created a better financial situation than ever before. In Recession-Proof Real Estate Investing , accomplished investor J Scott dives into the theory of economic cycles and the real-world strategies for harnessing them to your advantage. With clear instructions for every type of investor, this easy-to-follow guide will show you how to make money during all of the market’s twists and turns—whether during an economic recession or at any other point in the economic cycle. You’ll never look at your real estate business the same way again! In this book, you’ll

Genres: Business, Finance, Buisness, Economics

157 pages, Kindle Edition

Published April 17, 2019

About the author

J Scott is a full-time real estate investor and rehabber currently living in the suburbs of Washington, DC. In 2008, J and his wife decided to leave the 80-hour work weeks behind. They quit their corporate jobs, started a family, and decided to try something new: real estate. Nine years later, they've built a successful business buying, rehabbing and reselling single family homes.

J and his wife have rehabbed over 300 of their own houses for millions of dollars in profits. These days, the team has branched out, now flipping houses in different parts of the country and focusing on larger new-construction projects.

Reviews

[Avishay Kadouri · Rating 5 out of 5]

A must read to all investors! The least you can do is to read a book about the economic cycle. Opinions can be different about the specifics for experts but the basics is something that we all
Must know and understand. This great book explain about the economic cycle and how it affect real estate and even how to invest in each phase of the cycle.

[Adam · Rating 4 out of 5]

Contrarian gospel for R.E. junkies. J did a good job illuminating what an impact Economics plays in real estate at large.

"Takeaways"

Convert cash to cash flow
Money is easier to acquire then deals and lenders begin to compete with each other when times are good
Real Estate is a relationship business
Buy and hold in good school districts the ideal properties for landlords are those in good school districts
Take advantage of seller financing
Over one third of all property in the united states is owned free and clear with no mortgage
Take advantage of people moving out of stat divorce or financial distress or selling for deceased land lord
Avoid thin deals and avoid large amounts of leverage
Listening often pays better then talking
When cap rates are at their lowest prices are at their highest
Real estate only has 6 months supply when the market is strong
More then 6 months the supply is weak
Buffet indicator
Six months is the average supply for real estate "6 month supply equilibrium"
50 percent rule total expenses should be 1500 a month if your getting 3000 a month
The more expenses your property the more your ongoing expenses are going to be

[Pablo · Rating 3 out of 5]

Another very tactical book by Bigger Pockets. I particularly enjoyed the structure of the different phases, going over how to recognize them and how to make money through the diffirent strategies of real estate investment by making variations in tactics.

The book is very short. It literally took me less than 24hs of on-and-off reading to finish it. I don't think this is a bad thing. You may want it to go deeper in some topics, but for me, not having useless padding was a good thing. Something that I can't atest is whether the advice in the book is good or not. Ask me in 10 years.

[Ryan Cox · Rating 4 out of 5]

Really good book but not fully what I was expecting. Did a good job of explaining each cycle and what works and what doesn’t during each cycle. The one main disagreement I have with him is he explained inflation as the Fed sees it and that is fine. But I reject the premise that inflation is necessary. That is Keynesian ideology and I just don’t believe it is true. Austrian economics explains that better efficiency means better prices (TVs and computers over the years have improved but are cheaper). Still nothing negative to say about the author, he is an expert in his field. I especially recommend his books on house flipping.

[Minh Bui · Rating 5 out of 5]

Small lightweight book and go to the point.
This book shows you J. Scott 's experience in his real estate career. I have learned all different ways to make money in all phase of cycle. It is important to know where you are in a cycle so that you can develop a good strategy: defensive or aggressive. One important thing I learned is about the peak in a cycle. It changes everything in a second: consumer attitudes, market confidence; so planning wisely will make your business successfully because developing real estate for flippers or landlords takes time.

[William Nelson · Rating 4 out of 5]

Really good book that walks through the cycles and shows how to make money in each phase. I love how much Econ the author goes into to explain why some strategies are better during specific parts of the cycle.

Interesting read specifically right now due to COVID-19 going on around the world - without knowing this would happen, he states how to handle market twists and turns like we are seeing right now.

[Ed Barton · Rating 4 out of 5]

A Must Read Now

As the economy enters into unknown territory at the time I’m writing this in Fall 2020, the back half of this book is an absolute must read. There’s a general intro to economics and economic analysis which is solid, but general. The back part of the book, with the four parts of the cycle, how to identify them and what to do is extremely valuable. A good addition to the library.

[Mandy Wultsch · Rating 5 out of 5]

Although this book only has 146 pages (not including the glossary), it is packed with enough information to constitute a semester of economics classes. It starts with defining business and other cycles, then discusses different strategies and tactics for each phase of the business cycle. This is a must read for any real estate investor.

[marvin darius · Rating 5 out of 5]

Very Informative Book

This book is very informative. This book provides good times to invest and real estate investing strategies. I highly recommend real estate investors read this book.

[Zack Hodges · Rating 4 out of 5]

Good read

[Cortneyt11 · Rating 3 out of 5]

Ok

Words some more words sixteen more words and it don’t stop read this and you will have to enter too many words

[Jarvis Brown · Rating 5 out of 5]

Great book that clearly details each business cycle and how to survive and thrive in each. I recommend taking notes on this one to know how to maneuver through each when they happen!

[Cory Wallace · Rating 4 out of 5]

This book provides great insight into how the real estate cycle works. I can better understand what’s going on in the economy and I will be better prepared to take action.

[Christian · Rating 4 out of 5]

Virkelig simpel men god forståelse af de forskellige cyklusser for ejendomsbranchen. Kan godt læses igen inden for et par år

[Alejandro Noguera · Rating 4 out of 5]

Hard to follow pretty concept heavy

[Bovard · Rating 4 out of 5]

A great overview of all of the real estate investing products and how they function during the real estate cycle.

[Michael Melitz · Rating 5 out of 5]

Concise book will summarize all seasons of the market and which strategies work best. Lots of great advice and straight to the point.