Does Team Land Geek have any concerns about the possibility of a recession? Listen to learn what’s on their mind as we’ve entered an unknown financial landscape in 2023.
Joining Mark are:
- Mike Zaino
- Scott Bossman
- Erik Peterson
- Teria Harris
- Tate Litchfield
- Scott Todd
The team has a vivid conversation about any insecurities around an economic dip–or dive. They share insight about:
- Their thoughts on the possibility of recession
- How they’re business could be affected
- The stability of land
- Diversification of the asset class
- Loan defaults
- Lifestyle creep and living within your means
- Forecasting and budgeting business expenses
The team also discusses knowing when passive income is enough and living debt free.
TIP OF THE WEEK
This may be a bit controversial. I was told about a TV show called, Limitedless. In the show Chris Hemsworth explores different ways to live better and longer. He takes on physical challenges and altering his eating habits and patterns. My tip of the week is to consider alternative methods to increase your longevity. You don’t have to grow old when you’re young. Take time to explore other options for your health.
Then, the team weighs in with their daily healthy habits.
WANT TO LISTEN MORE?
Did you like this episode? If so, tune into this episode where the team discusses preparing for a recession.
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“Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?”