- Why Should You Invest in Alabama? (Huntsville, Montgomery and Birmingham) | PREI 085
- We have a special show today because we're going to do another market spotlight. Today, we're going to talk about why you should invest in Alabama. In fact, there are actually three great markets to consider in Alabama. To discuss why you should invest in Alabama and these markets, I wanted to bring on one of my local market providers. He is a great guy, very knowledgeable. His name is Jared. Him and I were down at the IMN event in Florida a couple of months ago. He was on one of the panels, as was I on a separate panel. I really enjoyed listening to him talk because he is such a knowledgeable person. He's very detailed, analytical; he really digs into the markets and market timing and trends and the economics and fundamentals. He understands why a market makes sense from many levels. I could literally listen to him all day long. Then I thought, “We work together, and we have a property in Huntsville, Montgomery and Birmingham in Alabama. Why don't we just do a podcast episode and talk about these markets and why they make sense? Then you can take it from there.” If you missed our last episode, be sure to listen to Home Inspections: What You Need to Know. Enjoy the show! – – – – – – – – – – – – – – Download your FREE copy of: The Ultimate Guide to Passive Real Estate Investing. Get your FREE coffee mug by leaving us a Rating and Review on iTunes. Here's how. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW (Thank you!) SUBSCRIBE on iTunes | Stitcher | Podcast Feed Why Should You Invest in Alabama? (Huntsville, Montgomery and Birmingham) Jared, welcome to the show. Thanks, Marco. Thanks for having me. I'm glad to be here. I want to thank your listeners for taking some time to learn a little bit about demographics and what makes markets tick, why some markets are so much better to invest in than others. We're glad that they can take some time to listen. Thanks for having me on your show today. It's great having you on because you're a smart, and you know a lot of information. You're very knowledgeable about these markets and others too. When it comes to these tri-cities in the State of Alabama I thought we could just lift up the hood and look down and see what's there. A lot of people don't know about these markets or don't hear much about them. They're not sexy markets. Let's talk about those today. Before we get into that, share some of your background because you have a very interesting background. If you don't mind, include your story about when you were training other consultants and coaching clients such as Rich Dad coaches and others, because I thought that was a fascinating story. What was so funny, about ten years ago, I was looking for Robert Kiyosaki; many of you have probably read Rich Dad Poor Dad. I love his concepts, I love his books, I love the things that he teaches. When people paid $12,000 to $20,000 to talk to a coach for half an hour a week, you really expect that that coach is going to be 100% on top of the latest trends on exactly where market cycles are and be able to help protect you from investing at the top of the market and stop you from doing that, making sure that you're getting out at maybe 80% of the watermark so that when the market starts to go down, you're already at cash and you could buy when the market's down because that's when you really make money. Warren Buffett talks a lot about that and that's why Warren Buffet spent so much money getting into the single-family housing space six or seven years ago. All the hedge funds that you and I go to at the IMN conferences, they looked at that and went into the markets at the right time. One time, I was sitting on the coaching floor and all these coaches that I used to train for Robert, I would listen to him and it would be California in 2007, people would say, "You can make money in any market.
- 2018-02-14 08:05:59 UTC