BiggerNews April: 2022's Hidden Housing Market Investor Trap

The way the housing market moves largely depends on the real estate cycle we’re currently in. We all saw this during the 2007 subprime mortgage crisis as overleveraged homeowners saw their properties foreclosed on and later sold to investors who had cash on hand. We’re currently experiencing dramatic demand coupled with low inventory, so are we at the end of the housing market cycle, ready for a recession to knock down this house of cards?

Whether we are or aren’t close to a housing bubble bursting, smart real estate investors are protecting their wealth regardless of what is to come. This is where today’s guest, Doug Lodmell, has gleaming insight. Doug and his team have worked for decades to protect the wealth of real estate investors. This is commonly known as asset protection but can be thought of as simple risk mitigation for the new real estate investor.

Doug has been through expansion, crashes, corrections, recoveries, and everything in between and has seen what a poor asset protection strategy can do to an investor's portfolio. He drops some knowledge on today’s show around how real estate investors in 2022 can protect themselves from going through a repeat of 2008. His simple, yet undeniably valuable advice could save you not only money but years worth of work you’ve put into real estate investing.

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Join BiggerPockets for FREE:
https://www.biggerpockets.com/signup?utm_source=youtube&utm_medium=description&utm_campaign=none
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Listen to Full Episodes of “On The Market” Starting April 11th:
https://www.biggerpockets.com/podcasts
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Subscribe to The "On The Market" YouTube Channel:
https://www.youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA
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Hear Past Episodes on Asset Protection:
Don’t Lose Your Portfolio to Lawsuits! Here’s How to Protect Yourself: https://www.biggerpockets.com/blog/rookie-podcast-105-brian-bradley?utm_source=youtube&utm_medium=description&utm_campaign=none
7 Wealth-Saving Answers from an Expert: https://www.biggerpockets.com/blog/rookie-podcast-106-brian-bradley?utm_source=youtube&utm_medium=description&utm_campaign=none
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Check Out Last Month’s Episode of BiggerNews on Foreclosures:
https://youtu.be/zrfh5ZIXfMo
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Anonymity & Asset Protection for Dummies:
https://www.biggerpockets.com/blog/anonymity-asset-protection-dummies-avoid-law-suits?utm_source=youtube&utm_medium=description&utm_campaign=none
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How to Make Money in Real Estate—Whether You’re in an Up OR Down Market:
https://www.biggerpockets.com/blog/money-real-estate-market?utm_source=youtube&utm_medium=description&utm_campaign=none
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Work with Doug and His Team:
https://www.lodmell.com/
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Connect with Doug:
https://www.linkedin.com/in/douglasslodmell
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Connect with David and Dave on BiggerPockets:
David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none
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Follow David and Dave on Instagram:
David: @davidgreene24 or https://www.instagram.com/davidgreene24/
Dave: @thedatadeli or https://www.instagram.com/thedatadeli/

Episode 592

Show notes at: https://www.biggerpockets.com/blog/real-estate-592?utm_source=youtube&utm_medium=description&utm_campaign=none

00:00 Intro
04:12 Dave's New Podcast!
06:43 Quick Takes
21:51 Tools You Can Use to Protect Your Assets
24:44 Do You Need an LLC?
30:27 What Can Go Wrong in Real Estate Investing
37:41 The Biggest Risk in Today's Housing Market Cycle
43:14 Will Leverage Sink Your Portfolio?
50:28 Cash Hoarding vs. Reinvesting at Low Rates
01:06:25 Feel the Fear and Have a Plan