I bought my first house back in 1978, shortly after leaving college. Since then, I’ve bought and sold a fair amount of property — including raw land, apartments and houses — and made good money doing it.
Recently I began thinking of buying another home and converting my current one into a vacation rental property. But is now the time to buy?
Real estate has been red-hot in many parts of the country, aided by historically low mortgage rates. But the economy is showing signs of stress: Unemployment is at levels not seen since the Great Recession, and government-mandated foreclosure moratoriums are scheduled to expire at year-end, which could hurt home prices.
So the question is, should I buy now, or wait till the dust settles? That’s just one of the topics on this week’s “Money” podcast.
We invited real estate podcaster Mindy Jensen from BiggerPockets to be our guest. We talked to her about whether it’s time to buy, how to get started, whether rental real estate is a good investment and lots of other things. If you’re considering buying a house or investing in any kind of real estate, you’ll like this one.
As usual, I share the broadcast booth with longtime financial journalist and fellow podcaster Miranda Marquit.
So sit back, relax and listen to this week’s “Money” podcast!
Want more information? Check out these resources:
- “Which Is the Better Investment: Stocks or Real Estate?“
- “How to Get In on Real Estate Investing Even If You Don’t Have Much Money“
- “Should I Invest in Real Estate Investment Trusts?“
Not familiar with podcasts?
A podcast is basically a radio show you can listen to anytime, either by downloading it to your smartphone or other device, or by listening online.
They’re totally free. They can be any length (ours are typically just under a half-hour), feature any number of people and cover any topic you can possibly think of. You can listen at home, in the car, while jogging or, if you’re like me, when riding your bike.
If you haven’t listened to a podcast yet, give it a try, then subscribe to ours. You’ll be glad you did!
I founded Money Talks News in 1991. I’m a CPA, and I have also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.