WE ARE IN A RECESSION - Do This!

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Are we in a recession?! While trying to officially define Recession, we have slammed into a controversial debate. We have definitely been on a rollercoaster for the past couple of years with the real estate market, car market, chip shortage, etc. The Oxford Dictionary states, “A recession is often defined as real GDP falling for two successive quarters, but the National Bureau of Economic Research defines a recession as ‘a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales’.” So, are we in a recession?
Investing in real estate for the last 10 years, Chandler David Smith currently owns over $25 million worth of rental real estate. During this time, he has had some great experiences being able to share his passion alongside his family and buddies. He has seen them absolutely crush it when it comes to the investing and sales world. More importantly, he has been able to share his expertise with others and learned invaluable lessons along the way.
Chandler dives DEEP into all of the ins-and-outs of the recession debate - whether we are in an official recession, whether markets are crashing, what this means for us, and how we can not just stay afloat - but take advantage of this unique opportunity. Keep in mind that there are A LOT of unknowns when you take a step into the real estate world - things fall through the cracks and honestly, anything could happen. But - this is life! When you take the proper steps that Chandler teaches here, you CAN mitigate your chances so that you will be taking the smallest risk with the highest return possible!
Get $50 off my new Real Estate Investing Course! Use coupon ( 50OFF ) Go to:
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Check out some other videos if you want to learn more about investing in real estate, building a huge passive income, or preparing for your own future home.
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Опубликовано:

11 сен 2024

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Комментарии : 80

@richardyepesdiego5702 2 года назад

I had to close my 20 year business in 2022 went into depression and also health issues, this interview reinstated the confidence in me moving forward with something new. I will start investing with my little savings.

@berwickperu7683 2 года назад

first educate and learn know the consequences Choose the leaders only reap the compounding effect. dividends will take care of you.

@brownhilton2842 2 года назад

Keep pushing it, it’s only a matter of time, We are in such a prime time right now to be investing. What an opportunity

@richardyepesdiego5702 2 года назад

@@brownhilton2842 people talk that it's not the right time to start investing, but i heard how many people made millions during the past recessions. I need some help.

@brownhilton2842 2 года назад

@@richardyepesdiego5702 Trying to time the bottom can only make you lose out on the bull run, you need a good advisor to guide you .

@kellyhoang1483 2 года назад

@@richardyepesdiego5702 I had members of my family that became wealthy during the Great Depression! They invested and bought when stocks were low! Nowhere but up!**

@josephsullivan23 2 года назад

Chandler, I’ve been watching you for years and it’s nice for someone in this space to finally be open about how incompetent our government is. Keep killing it my man💪🏼

@jaredthetrain5309 2 года назад

That scream reminded me of when I was playing the scary maze game years ago. If you hit the wall then a scary girls face pops up and screams at you :)

@FromClownedToCrowned 2 года назад

My fiancé and I both picked up a second job so we can have a nice down payment on a 4 plex in about 9 months.

@elc7795 2 года назад

The cynical side of me says politicians are into it for their own benefit. The realist side of me realizes I am right and the politicians are into it for themselves and lack and relevance of a mortal character.

@thegoat1261 2 года назад

Good combo of comedy, charisma, entertainment and good information. Well In chandler👍

@henrycollins2478 2 года назад

Wait, I thought we changed the definition of recession…

@iamnobody9001 2 года назад

we did. and by "we" I mean stupid people who want other stupid people to think they are smart.

@edmundo2dot0 2 года назад

The Nancy Pelosi thing killed me 💀😭😂

@gaberivera1 2 года назад

Chandler, please turn off the changing colored lights background behind the bookshelf or set it to one constant color. I'ts changing alternately your camera's auto white balance and is very distracting; I didn't retain a thing you said. JK, i appreciate your sharing.

@juneyu1798 2 года назад

Hi, I want to buy properties in a year while it is close to the bottom, what kind of properties would you suggest me to buy? Single family or duplex and why? Thanks!

@normanbogoevski6504 2 года назад

Love your sarcasm!!

@nickmccallon8520 2 года назад

First time watching but I gotta say as an experienced boater your analogy is spot on!

@aldinoa9230 2 года назад

Is the community and forum separate from the course?

@CaseyBurnsInvesting 2 года назад

Chandler David Smith. You are ordered to report to reeducation camp, effective immediately.

@BatistaInvests 2 года назад

Are we? Just got a lease signed for 1750 and 25k down

@kyletaylor3146 2 года назад

Great analogy!

@Ferrum84 2 года назад

You're a great communicator Chandler - boat story was a compelling analogy

@whatsap8122 2 года назад

@seangold7858 2 года назад

cash flow is king 10x by UNCLE GC .

@liberblanquet8039 2 года назад

dude I love your Nancy Pelosi references you keep it real! Thanks for your videos!

@textme--4070 2 года назад

Feedback appreciated.❤️👍 Wanting more info and insight? Reach out anytime ⬆️

@UNPREDICATABLEFEAR 2 года назад

😂😂 the screaming in the beginning lol

@Sky-wakka 2 года назад

boats dont have breaks lol if your not giving it throttle the steering is pretty much worthless so you gotta be good at aiming

@DionTalkFinancialFreedom 2 года назад

You always make so much sense.

@mannymorales8094 2 года назад

“Over the course of your career has your husband ever made a stock purchase or sell based on information he received from you”

@comp20B Год назад

Is this investment advice?

@kiriosenterprisesllc.1985 2 года назад

Love the enology lol 😂

@youmayaimme 2 года назад

To track the strength of the economy we should keep track of chandler’s hair. 🤣🤣🤣

@InvestAndGrow2020 2 года назад

Ok but happen to your dream home?

@igonz22 2 года назад

Did you get your house loan taken care of?

@b.michaelbrown1117 2 года назад

Loved the boat analogy. 😎

@Stoetz 2 года назад

Can I make that scream my ringtone

@mmchipoperwa 2 года назад

Didnt you retire? Never believe youtubers

@ChandlerDavidSmith 2 года назад

Watch the video haha

@yasinnabi 2 года назад

All investings should start with INVESTING on YOURSELF first, self education is the key to getting RICH.... a fellow creator~~

@curtislewis2075 2 года назад

Whats your take on cash out refi at this point? I have 200k i can take out of my property, i have only had it for 2 years so i dont have much of the principal paid down. Im thinking to take the cash out before prices drop down even though the 200k is not enough for my next purchase... is it fine to just pull the cash out and let it sit in the bank or should i leave it in the property until im ready to use it?

@HagueD22 2 года назад

You'll be paying high interest rates on your refi... If you have the cash flow in the property like Chandler said in the video. He does not "care" about a devaluation of the property for now as long as it is cash flowing. My personal advice would be if you have another cash flowing investment to cover all debt service and are still cash positive then it might be worth the risk. I personally wouldn't pull equity at high interest to sit on the sidelines.

@curtislewis2075 2 года назад

@@HagueD22 if you look at the opportunity cost, don't you think it's a waste to not pull the money? My take home is 200k, sure I cut majority of the cash flow but it is still there... it will normally take over 5 years to make that kind of money with just cash flow alone... so technically this would be a 5-10 year jump for me... this property is a single family home by the way.

@HagueD22 2 года назад

@@curtislewis2075 I really don't want to give you financial advice because I also don't know your full situation. If it will still cash flow enough to cover the debt why not throw the rest of your money into index funds like vanguard etfs or whatever your choice may be. You also have to take into account that if inflation does increase your sideline cash could be potentially worth less?. There are a lot of variables right now but you know your situation best.

@jayc4715 2 года назад

I forgot all about this Goober..😄

@Zbecker13 2 года назад

Great analogy. 👍

@jaimecondejr7721 2 года назад

Incredible 🤣🤣🤣

@trademarkflooringco 2 года назад

Lol watch this video get taken down for those comments 🙄😂

@lovelove-nc1fh 2 года назад

First recession then depression.

@jayc4715 2 года назад

Nah

@delboy0211 2 года назад

The sarcasm is real. LoL

@mikefas5406 2 года назад

Yikes, you are a fan of Nancy and Biden. That's horrible. To be honest, it made watching this video just about impossible after that.........

@peanut7449 2 года назад

😂😂

@angelwilson563 2 года назад

Even with the fluctuation in the economy, I'm so excited I've been earning $45,000 from my $10,000 investment every 10days.

@michaelscott3677 2 года назад

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@@lannyhumphry6048 With the consistent weekly profits l'm getting investing with her there's no doubt she is the most reliable broker in the market, such a genius.