Adapting Investment Tactics in a Volatile Property Market with Culby Culbertson | Know your why #314

In this episode, we dive deep into the real estate investment journey with Culby Culbertson, who shares his invaluable insights from his transition from the oil fields to becoming a property investment maestro. Join us as we discuss strategies, market challenges, and the importance of networking and specialization in the competitive landscape of real estate.

 

Key Takeaways:

1. The Importance of Networking:

 Culby emphasizes the critical role networking plays in the real estate industry, particularly for those new to the space. The connections you make can lead to partnerships, advice, and opportunities that would otherwise be unavailable.

2. Specialization in Real Estate:

With a vast array of roles and asset classes, Culby advises newcomers to hone in on a niche. Specialization allows investors to become experts in their chosen field and operate more efficiently.

3. Market Volatility and Adaptability: 

The episode discusses how fluctuations in interest rates affect investment strategies and the parallels with the oil industry's volatility. Culby highlights the need for investors to be adaptable and educated to successfully navigate these changes.

4. Impact of Market Shifts on the Wealth Gap: 

Recent economic events have widened the wealth gap, with institutional players capitalizing on opportunities while retail investors grow cautious. The episode delves into how market volatility influences investor behavior.

5. Due Diligence in Investment: 

With a market shift towards caution, the emphasis on thorough due diligence becomes even more significant. Investors need to scrutinize deals more carefully and understand the risks and strategies involved.

6. Future of Interest Rates and Investment:

Culby shares his perspective on the likelihood of interest rates stabilizing rather than decreasing significantly. This new normal requires investors to adapt their expectations and strategies accordingly.

 

Get in touch with Culby:

https://www.linkedin.com/in/culbyc/

 

If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara

Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/

Artist: http://audionautix.com/