Why I Am NOT Changing My Strategy Because of Interest Rates
Why I Am NOT Changing My Strategy Because of Interest Rates
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The speaker's strategy for dealing with high interest rates is not changing significantly because historically, rates have been much higher. They are still flipping properties, but may make slightly less profit due to the higher rates. Wholesaling does not require interest rates, so that is still a viable option. The speaker's rentals are not cash flowing as much as before, but they expect to make $200,000 in the next 10 years through appreciation, debt pay down, and cash flow. While the rentals are not cash flowing $350 per month, they are still generating $150 per month, which the speaker is okay with.
The speaker's strategy for dealing with high interest rates is not changing significantly because hi