Aug 13, 2012
Is government too big, too small or just right? And what does this have to do with real estate investing?
To help us explore this controversial and timely topic, Steve
Forbes comes back to share his thoughts, as does first time guest
Tom Woods.
In a very polarized election year for the U.S., many people are
paying close attention. As real estate investors, we care
about how rules, regulations and even rhetoric affect our
investments.
Property taxes, zoning, rent control, eminent domain,
environmental controls, fair housing; Fannie, Freddie, FHA and much
more are all examples of how government affects real
estate.
To win at the game of real estate investing, you need to know the
rules. And when the rules are subject to change (and they
are), it’s important to anticipate trends and adjust
accordingly.
The bottom line which affects your bottom line is that government
is in the market to stay, so don’t get frustrated. Be
fascinated.
Because, as we learn, confusion in the market creates opportunity
for the alert - and tension in the process can actually be a very
good thing.
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