4 Ways To Combat High Interest Rates and Make a Lot of Money in a Recession
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As a real estate investor, there are four ways to combat rising interest rates. Firstly, follow the market and note that rental rates have gone up as much as interest rates, meaning that the higher interest rates have cost you more every month. Secondly, buy a little bit deeper since the competition has gone away, so you should be able to buy your properties at a lower price. Thirdly, shop around for rates since different banks offer different rates. Finally, have a long-term mindset and understand that this is just a temporary blip in the radar. You will make hundreds of thousands of dollars per rental property over the next 10 to 20 years, so don't worry about this little dip. Just buy and hold it, and over time, it will work out.
As a real estate investor, there are four ways to combat rising interest rates. Firstly, follow the