592: BiggerNews April: How to Counter the Biggest Risk of 2022's Real Estate Cycle w/Doug Lodmell 01:18:43

    <p>The way the <strong>housing market </strong>moves largely depends on the <a href="https://www.biggerpockets.com/blog/money-real-estate-market"><strong>real estate cycle</strong></a> we’re currently in. We all saw this during the<strong> 2007 subprime mortgage crisis </strong>as overleveraged homeowners saw their properties foreclosed on and later sold to investors who had cash on hand. We’re currently experiencing <strong>dramatic demand coupled with low inventory</strong>, so are we at the end of the housing market cycle, ready for a recession to knock down this house of cards?</p><p>Whether we are or aren’t close to a <a href="https://www.biggerpockets.com/blog/will-real-estate-bubble-burst">housing bubble</a> bursting, <strong>smart real estate investors are protecting their wealth</strong> regardless of what is to come. This is where today’s guest, <strong>Doug Lodmell</strong>, has gleaming insight. Doug and his team have worked for decades to protect the wealth of real estate investors. This is commonly known as <a href="https://www.biggerpockets.com/blog/anonymity-asset-protection-dummies-avoid-law-suits"><strong>asset protection</strong></a> but can be thought of as simple risk mitigation for the new real estate investor.</p><p>Doug has been through expansion, crashes, corrections, recoveries, and everything in between and has <strong>seen what a poor asset protection strategy can do to an investor's portfolio</strong>. He drops some knowledge on today’s show around <strong>how real estate investors in 2022 can protect themselves </strong>from going through a repeat of 2008. His simple, yet undeniably valuable advice could save you not only money but years worth of work you’ve put into real estate investing.</p><p>In This Episode We Cover:</p><p>Quick takes on <strong>today’s biggest stories surrounding the housing market</strong></p><p>The tools asset protection lawyers use to protect and<strong> disguise their clients’ wealth</strong></p><p>Whether or not new real estate investors<strong> need LLCs when buying properties </strong></p><p>The <a href="https://www.biggerpockets.com/blog/2016-03-22-10-lethal-mistakes-avoid-real-estate-investment"><strong>biggest mistakes real estate investors make</strong></a> that cost them their wealth</p><p><a href="https://www.biggerpockets.com/blog/leveraging-real-estate-build-wealth"><strong>Leveraging debt</strong></a> to build your portfolio<strong> vs. cash hoarding</strong> for post-crash opportunities</p><p><strong>BiggerPockets’ newest podcast show</strong> featuring our own Dave Meyer!</p><p>And <strong>So </strong>Much More!</p><p>Links from the Show</p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.youtube.com/c/biggerpockets">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/podcasts">On the Market Podcast</a></p><p><a href="https://www.walmart.com/">Walmart</a></p><p><a href="https://www.bloomberg.com/news">Bloomberg News</a></p><p><a href="https://www.instagram.com/davidgreene24/">David's Instagram</a></p><p><a href="https://www.instagram.com/thedatadeli/">Dave's Instagram</a></p><p>Connect with Doug:</p><p><a href="https://www.linkedin.com/in/douglasslodmell">Doug's LinkedIn Profile</a></p><p><a href="https://www.lodmell.com/">Doug's Company Website</a></p><p>Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-592</p>
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