Wed, 13 February 2019
CW 1129: High-End Apartments, 4% Rule & Self-Management Tool for Landlords by RentRedi's Ryan Barone
Yesterday, Jason Hartman talked about the number of apartments being built in the US being the highest since the 1980s. Today, Jason and Adam talk about how an immense number of those apartment units are of the high-end variety, and what that might mean for our economy if there's a slowdown.
Then Jason talks with Ryan Barone, CEO & Founder of RentRedi, about his new self-management tool and the benefits it gives to landlords. The two discuss how technology has changed the landscape of investing and who RentRedi is most likely to help.
[2:25] 80% of new apartment construction is high-end
[10:41] Living your life based on the mood of the stock market is no way to live
[15:09] Living off a 4% draw is risky if the market has a downturn
Ryan Barone Interview:
[20:44] What does RentRedi offer to the landlord?
[24:34] Who is the target audience for RentRedi?
[29:40] Technology has changed investing drastically