Mar 7, 2023
Lacey Brutschy is one of the most influential real estate investors on social media today. She is a real estate development and residential sales expert based in the DFW area, and she is on the show today to help us better understand what’s happening in today’s market.
Listen now to learn more about Lacey, the DFW market, and what we should be expecting based on what’s currently happening in the real estate world!
Key Talking Points of the Episode
00:00 Introduction
00:35 Who is Lacey Brutschy?
02:42 What does Lacey think people should be focusing on today?
04:51 Why is housing not a right?
05:51 Why is now the time to buy real estate?
08:03 What will cause affordability to continue going down?
13:09 How is the ability to expand driving population growth?
16:54 What are Lacey’s thoughts on the interest rate hikes?
18:04 Why are we seeing a huge demand for new construction today?
21:27 How can investors prepare for what’s about to come in the market?
23:08 Why do people move to the DFW area?
25:05 What makes Lacey’s advice different for investors and homeowners?
29:32 What is Lacey’s advice to new investors and entrepreneurs?
31:52 How long would it take to recover from the shock of COVID-19?
32:55 Where is the opportunity for investors in today’s market?
33:16 What kind of work is needed to succeed in mid-term and short-term rentals?
36:45 Why is there success in house-hacking in today’s market?
38:16 What should investors be doing to survive this market cycle?
39:35 What does Lacey have to say to people waiting to buy real estate?
40:40 How can you reach out to Lacey?
Quotables
“The goal that I think people should be thinking of is no longer whether or not the time is to get into the market because the time to get into the market is 3 days ago, it’s today, it’s tomorrow – because that’s the only way you’re gonna build generational wealth.”
“You just really have to know what you’re looking for, as far as places that we’ll see equity growth, which is really based off of location and whether or not the development has they’re own school system.”
“Your goal is really to purchase a house that has as many bedrooms and bathrooms as you can afford, then you house-hack that with your friends.”
“The opportunity is again, not in long-term rentals. It’s in mid-term, it’s in short-term, done correctly.”
Links
Website: RCN Capital
https://www.rcncapital.com/podcast
Website: REI INK
Instagram: Lacey Brutschy
https://www.instagram.com/lacey.compass/
Email: Lacey Brutschy