{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Are You Late To The Party? | Ep. #42","description":"People have been getting rich on #RealEstate for decades - really going back hundreds and even thousands of years (before the current crop of humans on this planet even existed). But the #EconomicCrash of 2008 \/ 2009 might just have created the best Real Estate buying opportunity of our lifetimes. Now as humans we tend to suffer from &quot;recency bias&quot; - thinking that what we've experienced is the best (or worst) that anyone in history has ever dealt with. True or not - in this episode of the [... @andLandlord!] #RentalRealEstateInvesting Podcast, I'm asking the question - &quot;Are You Late To The Party?&quot; &quot;The Party&quot; I'm speaking of is the situation that followed the &quot;#GreatRecession&quot; of 2008 \/ 2009, where a year or few later (sometime between 2010 to 2012) - in many (if not most) locations in the country, it was possible to buy Real Estate for LESS than its replacement cost. In other words, you could often buy a property for less than it would (or did) cost to build that same property new. That's a situation (a party) that doesn't happen every day. So in this [... #andLandlord!] Podcast episode, I mention my envy of those who were able to jump on those deals right at the start of the party (around 2010 to 2012). And I lament the past a bit (something I try NOT to do), in that I didn't get to the party until 2015 - but still in time to grab some #amazingdeals that are paying off big-time for me today. And I start the episode by asking (singing in fact) &quot;is the party over?&quot; If you're just seeking to get started in Rental #RealEstateInvesting here in 2020 - are you 5 to 10 years late to the party? Is the party over? In fact, did the party end in 2019? ","author_name":"... and Landlord! Rental Real Estate Investing Podcast","author_url":"https:\/\/www.andlandlord.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/12727412\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/62341217"}