Dec 29, 2022
Investing in real estate is a popular long-term strategy for producing income; but, what are the costs, and do the benefits outweigh them?
Graham Parham sees “real estate investment” as a passive income to a secured retirement. Being an investor, he is also known as a loan officer, which gives him an edge as he can also give an opinion for investors. As the years go by, the real estate marketplace has definitely changed. Some of the new investors have seen the increase in purchasing real estate as a negative effect on their cash flow; yet, some seasoned real estate such as Graham sees this as an opportunity to buy.
“Real estate investment”, Graham realized, is a good investment if people recognize that upfront; however, investors - especially those just starting out, are cautious and scared to invest due to the high rates. During COVID, Graham sold his house, moved to a different state, leaving 2.2% interest rate, and going to 8% interest rate. For him, he focused more on the investment.
That is what Graham shares with
Fuquan today. His expertise in real estate investment is the reason
Graham was able to establish a solid reputation as a real estate
investor.
Highlights from the Interview
-
Graham’s passion for real estate investing
-
The advice Graham gives that leveled up people’s investing practice
-
Why real estate is not a race
-
What’s the status of the real estate market?