188: Using 20+ Years of Studying Market Cycles to Buy Low & Sell High David Gudmundsen

<p>Is the real estate market about to collapse? Do we have 10&nbsp;more years? What’s the future hold? While no one can definitively answer these questions, today’s guest has some keen insight into timing the market, allowing you to “buy low and sell high.” Today, we’re excited to introduce you to&nbsp;David Gudmundsen, an investor who’s been in the game more than 20&nbsp;years and who’s seen numerous peaks and valleys — and who has learned how to ride the wave. With more than&nbsp;250 deals under his belt, David is an incredible resource for anyone looking to grow their portfolio — or preserve it — during times of uncertainty. Unless you know exactly where the real estate market is headed next, don’t miss this powerful and entertaining episode!</p><p>In This Episode We Cover:</p><ul><li>Why David chose real estate and his&nbsp;first property</li><li>How he got his first property by&nbsp;assuming a loan</li><li>How he reached a level of buying&nbsp;a&nbsp;property a month&nbsp;without a college education</li><li>How&nbsp;Monopoly&nbsp;inspired him to invest in real estate</li><li>How to balance learning and actually&nbsp;making deals</li><li>What exactly a&nbsp;wrap&nbsp;is</li><li>Thoughts on&nbsp;contracts&nbsp;for deeds</li><li>How many&nbsp;deals&nbsp;he has made</li><li>What you should know about&nbsp;seller carry back</li><li>What&nbsp;walking the mortgage&nbsp;is</li><li>Insight into&nbsp;market&nbsp;cycles and crashes</li><li>How to&nbsp;read the&nbsp;signs&nbsp;of market cycles</li><li>What we can learn from the&nbsp;boiled frog analogy</li><li>What “buying right” really means</li><li>The importance of&nbsp;not&nbsp;always doing the things others are doing</li><li>Why it’s important to join&nbsp;real estate club&nbsp;meet ups</li><li>A couple of his&nbsp;worst and greatest&nbsp;deals</li><li>And SO much more!</li></ul><p>Links from the Show</p><ul><li><a href="https://www.biggerpockets.com/pro" target="_blank">BiggerPockets Pro</a></li><li><a href="http://zbuyer.com/default.aspx?VID=3680444&amp;