Real Estate Investing Recession - Nick Foy Courses (2024)

How To Find Profitable Investment Properties

This Course is Open for New Students to Join for a Limited Time!

Hi, I’m Realtor / Investor Nick Foy

15 Day Real Estate Pro is for anyone who wants to achieve their financial goals using real estate investing without wasting months trying to figure it all out on your own.

Enroll today for just $97 one time payment, lifetime access. (Normally $299). Offer Expires Soon.

Enroll in this Course - $97

 5/5

“This course helped me buy my first rental property and start earning extra income which now pays my monthly bills”
– James R.

 5/5

“I love how much information this course covers and how easy each video lesson is to follow with great examples. “
– Tony I.

 5/5

“This training course helped me pick a strategy and feel confident starting my real estate investing business”
– Linda C.

Here’s The Honest Truth…
Worrying About Money SUCKS

Debt that Causes Stress

Trying to pay off credit card debt and other high interest debt can feel like a never ending roller coaster.

Living Paycheck to Paycheck

Worrying about paying the bills each month and feeling trapped in your current job.

Wishing Things Were Different

Feeling like you need a financial restart to hopefully one day afford your dream home, car, vacations.

Introducing
Real Estate Investing Pro

The only affordable online real estate course that gives you Lifetime Access to 3 different programs

Day 3: Building Your Support Team

Assembling Your Support Team
Choosing a Realtor You Trust
Finding an Investor Friendly Lender
Finding a Title Company You Like
Finding a Property Inspector You Trust
Finding a Real Estate Accountant
Finding a Real Estate Attorney
Finding a Mentor Who Invests in Real Estate

Day 4: Saving the Funds

How Much Do You Need Saved for a Down Payment?
Saving Money to Pay for Lender Fees
Saving Money to Pay for Closing Costs
Costs of Owning Property
How to Save Money
How to Create a Savings Plan
Pay Off Debt: How to Tackle Debt
Real Estate Careers: Earn Extra Income

Day 5: Credit Scores

What is a Credit Score? How Is It Calculated?
Bad to Good Credit: What to Know
Ways to Improve Your Credit Score Quickly
How Do Lenders Use Credit Scores for Loan Approval?

Day 6: Legal Entities

Let’s Talk About Legal Entities & Real Estate Investing
Do You Need a Legal Entity to Invest in Real Estate?
Why Most Investors Use a Limited Liability Company (LLC)
How Much Does an Attorney Charge to Setup Your Legal Entity
The Types of Legal Entities Explained

Day 7: Strategy

Make Money Flipping Houses
Make Money Buying Rental Properties
Make Money Wholesaling Real Estate Deals
Make Money Lending to Fix & Flipper Business Owners
Make Money Developing Land

Day 8: Property Types

Single Family Houses
Multi-Family Properties
Condominium Investing
Storage Unit Facilities
Mobile Home Parks
Air BNB Business
Commercial Real Estate
Raw Undeveloped Land
New Construction

Day 9: Market Research

Demand vs Supply
Factors That Affect a Real Estate Market
How to Conduct Market Research
Good vs Bad Neighborhoods
When Is It a Buyer’s Market
How to Find a Quality Realtor
Real Estate’s Role in the Economy

Day 10: Where to Find Deals

Multiple Listing Service (MLS)
Driving Neighborhoods
Zillow.com
Craigslist
Facebook Marketplace
Direct Mail Campaigns
Social Media Ads
Realtor Email Lists

Day 11: Analyzing the Deal

Risks to Assess When Real Estate Investing
Mortgage Payments
Return on Equity vs Return on Debt
The 2% Rule
The 50% Rule
The 70% Rule
Have a Realtor Do a CMA for You
Analyzing a Fix & Flip Deal
Gross Rent Multiple, Debt to Income, and Cap Rates

Day 12: Financing the Deal

Housing Loans 101: What to Know
Getting a Pre-Approval Letter
Qualifying for a Housing Loan
What to Know About Mortgage Insurance
What is a Conventional Mortgage Loan?
What is an Insured Conventional Mortgage Loan?
What is an FHA Loan?
What to Know About FHA Loan Insurance
What is a VA Loan?
What is a USDA Loan?
What is a Conventional ARM Loan?
What is a Construction Loan?

Day 13: Getting a Deal Under Contract

Let’s Review a Purchase Agreement Contract
Should You Purchase a Home Warranty
What to Know About Appraisals
The Home Inspection Process

Day 14: Property Management

Property Management 101
Property Maintenance Tips
Real Estate Laws to Know

Day 15: Exiting the Deal

Using a 1031 Exchange to Save on Taxes
Reasons to Sell: When to Know It’s Time
Exit Strategies

Enroll in 15 Day Real Estate Pro Today

Meet Your Instructor: Nick Foy

My name is Nick Foy and I’ve been investing in real estate since I was 19.

I started by trying to figure out wholesaling as this was preached online as a “No Money Down, Easy Real Estate Investing Strategy” and since I was a freshman in college, I didn’t have much money to my name to afford to buy a rental property or fix and flip a house.

Since then I’ve transitioned into buying and fixing up rental properties. This has generated thousands of dollars of monthly passive income. In addition, I’ve gained substantial equity in these properties from improving them (through renovations), which in turn raised their market values that they could be resold for.

At age 27, I stopped working my full-time 9-5 corporate job and decided to focus on my real estate business. I live full-time now off of passive income, which is income I earn each month regardless if I spend any time working or not.

I also have my real estate broker’s license which allows me to transact my own investment property deals to earn commissions as the buyer’s agent, and save on commissions when I sell my properties as the listing agent.

I got started with around $5,000 in my bank account when I bought my first investment property and I used the profits from that first deal to help me acquire the second property. This proves that you don’t need a lot of money to get started!

As a 19 year old, I also didn’t have much credit history. Credit scores are important and we cover them in detail in this course but they shouldn’t stand in your way of becoming a real estate investor!

Fixing up properties became a passion of mine and I love learning about the construction of different types of properties from New Construction to existing single family homes to duplexes and multi family properties.

Seeing a house in bad condition come back to life with beautiful new renovations is an exciting part of real estate investing. Seeing all the hard work pay off and earning large profits is also quite exciting.

This is exactly what led me to creating 30 Day Real Estate Pro.

My goal is to help others (outside of my friends and family) learn how to use real estate investing as a vehicle for building wealth quickly and achieving financial freedom.

Here’s a list of just a few of the financial opportunities real estate can provide:

#1: Extra income to pay the bills each month, lowering your stress
#2: Helps you pay off credit card debt, student loans, and other stressful debt burdening your finances
#3: Helps you to afford your dream home or dream car
#4: Provides passive income that replaces your 9-5 job income, freeing you up to focus on your true passions / hobbies
#5: Pays for your family vacations
#6: Pays for the college tuition of your children
#7: Allows you to give money to your church or favorite charities

Want a Preview of My Teaching Style?

Check out the videos above from inside the course!

Enroll in 15 Day Real Estate Pro Today

Real Estate Investing Recession - Nick Foy Courses (2024)

FAQs

What is the best real estate opportunity in a recession? ›

Self-storage is a good investment during a recession because as people are forced to sell their homes or downsize, many will need a temporary storage solution by the way of self-storage. Lastly, consider refinancing any properties that have a higher than market-rate debt.

Read On ›

How real estate investors can prepare for recession? ›

Focus on cash flow.

Even if property values decline over the short-term due to rising interest rates, good recession-resistant commercial real estate investments such as self-storage can continue to generate solid cash flow through all economic cycles. Month-to-month leases allow rents to be quickly adjusted to market.

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Is 2024 a good time to invest in real estate? ›

The best words to summarize the real estate investing landscape halfway through 2024 may be "cautiously optimistic." While home price increases have slowed since the madness of 2022, so has inflation, which should help reduce the costs of construction.

Is real estate investing recession proof? ›

Meanwhile, real estate is a hedge against inflation and has tax advantages. Even with inventory levels driving up prices, investing in real estate during a recession could still result in significant long-term returns. If you're willing to hold on to your investment, you can benefit from the eventual market rebound.

See Details ›

Is it better to have cash or property in a recession? ›

Cash. Cash is an important asset during a recession. Having an emergency fund to tap if you need extra cash is helpful.

Find Out More ›

How to make money as a real estate agent during a recession? ›

When you know you are about to have a slow month because your pipeline is low, you simply get loan signing appointments to make up the difference! Making money as a loan signing agent is the perfect way to smooth out your real estate income during slower months!

Tell Me More ›

How do you build wealth during a recession? ›

4 investments to consider during a recession

Health care and consumer staples stocks.
Large-cap stocks.
Funds that track specific sectors.
Fixed-income investments.

Aug 5, 2024

Show Me More ›

How to build a recession proof real estate portfolio? ›

Building a Recession-Proof Real Estate Investment Portfolio

Diversify Property Types. ...
Build Positive Cash Flow. ...
Understand Financing Options. ...
Research Stability. ...
Watch Local Amenities. ...
Refinance for Lower Rates. ...
Invest Without Buying. ...
Win Some, Lose Some.

Apr 24, 2024

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Is it good to own rental property during a recession? ›

The rental market does well during a recession and when home prices are high because most people cannot afford to purchase homes in either scenario. So you really have nothing to worry about as a rental property owner. Whether economic times are good or bad, you should be safe in your rental property investment.

Are REITs a good investment now? ›

There are three key reasons to invest in listed REITs right now, starting with the fact that REITs have outperformed stocks and bonds when yields and growth move lower. Demand is healthy while supply is constrained, and REIT valuations relative to the broader equity market are meaningfully below the historical median.

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Will house interest rates go down in 2024? ›

Mortgage rate predictions 2024

The MBA forecast suggests that 30-year mortgage rates will fall to the 6.6% by the end of 2024, while Fannie Mae and NAR predict rates will end the year around 6.7%. However, current mortgage rates are already technically below these levels.

Read The Full Story ›

Is an Airbnb a good investment? ›

Depending on location and initial investment costs, becoming an Airbnb host can be extremely profitable. To get the best return on investment for your Airbnb, you need to find a city that has affordable housing costs, as well as enticing attractions and amenities.

See Details ›

Are reits recession proof? ›

By law, a REIT must pay at least 90% of its income to its shareholders, providing investors with a passive income option that can be helpful during recessions. Typically, the upfront costs of investing in a REIT are low, while their risk-adjusted returns tend to be high.

Get More Info Here ›

What to invest in during a recession real estate? ›

What to Invest in During a Recession

Duplexes, triplexes and quadplexes.
Multifamily homes.
Off-campus student housing.
Senior housing.
Farmland.

Jun 26, 2024

What income is recession proof? ›

Self-storage services might be in demand during a recession. Real estate is a rewarding active and passive income source. Investing in small businesses can help them through a recession. Online courses and e-books are great options if you have special knowledge.

Is it a good time to buy real estate during a recession? ›

During a traditional recession, the Fed will usually lower interest rates. This creates an incentive for people to spend money and stimulate the economy. It also typically leads to more affordable mortgage rates, which leads to more opportunity for homebuyers.

View Details ›

What's the best thing to sell in a recession? ›

What are the best selling products during a recession? Items like personal hygiene, household items, pet food, diapers, food and beverages, and cleaning products all sell well during an economic recession. These items are either used frequently or are required for consumers to live happy, healthy lives.

What do real estate prices do in a recession? ›

With fewer home buyers able to obtain financing due to higher rates, demand declines. The drop in demand then leads to decreasing home prices. So in a housing downturn, buyers face the dual obstacles of high interest rates and falling home values.

Learn More ›

How will REITs do in a recession? ›

Typically, the upfront costs of investing in a REIT are low, while their risk-adjusted returns tend to be high. Because the healthcare industry is historically defensive during times of economic crisis, investing in a healthcare REIT can offer growth potential during a recession.

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