In today’s episode of The Art of Passive Income—Round Table edition, Tate Lichfield is sitting in for Mark and joining him are:
- Mimi Schmidt
- Erik Peterson
Mimi kicks it off with a concern she hears often and that is summer slowdown on the buy side. We hear about the slowdown on the sell side often, but slowing down on the intake side can also be very concerning.
And what happens when you get priced out of a market?
“The people that get into issues are the ones that overpay for a property, then they get desperate and that’s when you lose control of the deal.” -Tate
Listen in as Tate, Mimi, and Erik share their thoughts on why business tends to slow when the weather heats up and what you can do to neutralize the situation so you don’t run low on inventory.
Also, find out the best strategy when getting priced out of a market.
And the trio also go over some recent, and not so recent deals that make you go, “WOW!”
While we have a modest group today, this episode does not lack in value!
Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?