Episode 26
Episode 26 - Overpaying For Investments
Wealth Renegade · Robby Butler, Ben Robinson
March 15, 202217m 29s
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Show Notes
"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]