158 Preparing for the Economic and Financial Future with Russell Gray

Preparing for the Economic and Financial Future with Russell Gray

Russell Gray is co-host of The Real Estate Guys™ Radio Show. An avid student of economics with a diverse background in business, investing, mortgage, and financial services, Russ brings unique and practical insights to help entrepreneurial investors grow and protect their wealth and income through real estate and real asset investing.

Join me for this episode as we unpack the realities of how the economy works, how money works, and how the financial systems work. We discussed where real estate is headed and how to prepare for that future.

[00:01 – 05:19] Opening Segment

  • I talk briefly about great values that await you in this episode
  • I introduce and welcome our guest, Russell Gray
  • Russell tells us about his background

[05:20 – 20:50] Preparing for the Economic and Financial Future

  • Russell talks about the real estate investment mistakes people are making in light of the coronavirus
    • The biggest mistake is people either play all defense or all offense.
  • The differences between The Economy and The Financial System
  • The trajectory of real estate
    • What will be the best asset class to invest in the future?
    • How to prepare for the future of the real estate

[20:51 – 29:16] Inflation and Deflation

  • Inflation vs. Deflation
    • Supply and demand
    • Leverage

[29:17 – 37:22] The Next 20 to 30 Years

  • What's the situation in the US going to be like in 20 to 30 years?
    • Everything that can't continue won't continue
    • There will be a reset in the financial system
    • Good investment options

[37:22 – 43:04] Closing Segment

  • Quick break for our sponsors
  • What is the best investment you've ever made other than your education?
    • The best investments are relationships.
  • What is the worst investment you ever made?
    • I got involved in an apartment building. Sold it to investors that didn't know what they were doing. A projected $1 million profit turned to a complete loss.
  • What is the most important lesson that you've learned in business and investing?
    • You have to take 100% responsibility.
  • Connect with Russell online! See the links below.

 

Tweetable Quotes:

"Hope is not a strategy, and it's a terrible tactic. You just have to reach out and get the help you need." – Russell Gray

"Make sure that you're sober-minded and you're not just seeing sunshine because there are certain good things going on and you're not just seeing doom and gloom because both are present at the same time and you have to prepare for both and take advantage of both at the same time." – Russell Gray

"Take it upon yourself to become knowledgeable because the people who are out there trying to tell you what to do, most of them don't know what they're talking about." – Russell Gray

 

Resources Mentioned:

 

You can connect with Russell on the Real Estate Guys Radio website. Check out their YouTube Channel. Subscribe to their newsletter at [email protected].

 

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About the Host

Taylor on stage

Hi, I’m Taylor. To date I’ve acquired or partnered on over $250 Million in Commercial Real Estate Investments. I help busy professionals invest in multifamily and self storage real estate through my company NT Capital

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Real Listener Reviews

Extremely useful podcast
Extremely useful podcast
@thehappyrexan
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Short, impactful with excellent guests. If you have a full time W-2 job or business and are looking for ways to get involved in real estate on the side, this is for you.
Simple & effective information!
Simple & effective information!
@jjff0987
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This podcast is worth listening to for investors at all levels. The information is simplified for the high level investors but detailed enough to educate seasoned investors about nuances of the business. I recommend!
Awesome Podcast!!!
Awesome Podcast!!!
@Clarisse Gomez
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The host of Passive Wealth Strategies for Busy Professionals podcast highlights all aspects of real estate investing and more in this can’t miss podcast! The host and expert guests offer insightful advice and information that is helpful to anyone that listens!
Great podcast!
Great podcast!
@Owchy
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Love all the information and insights from Taylor and his guest. Fun and entertaining. Highly recommend.
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