526: BiggerNews November: Congress's $40B Sucker Punch to Real Estate Investors (See Update!)

<p><a href="https://www.biggerpockets.com/blog/investor-understand-inflation" rel="noopener noreferrer" target="_blank"><strong>Inflation</strong></a><strong> is big, scary, and in the news</strong>. With it comes the fear of sky-high home values, consumer goods falling in short supply, and <strong>cash positions becoming worthless overnight</strong>. With high inflation at our doorstep, we need to be smarter (and faster) when it comes to investing. Thankfully, for BiggerPockets listeners, one of<strong> the strongest hedges against inflation </strong>is real estate!</p><p><a href="https://www.davidgreene24.com/" rel="noopener noreferrer" target="_blank"><strong>David Green</strong></a><strong>e</strong> and <a href="https://www.instagram.com/thedatadeli/" rel="noopener noreferrer" target="_blank"><strong>Dave Meyer</strong></a> are back on another episode of BiggerNews to discuss not only the <strong>cause of inflation</strong> but how to<strong> protect yourself against it </strong>in this hyperinflationary environment we find ourselves in. Both David and Dave harp on how important it is to start investing as soon as you can, taking advantage of <a href="https://www.biggerpockets.com/blog/what-zero-percent-interest-rates-mean" rel="noopener noreferrer" target="_blank">low-interest rates</a> and locked-in leverage that bank financing provides.</p><p><a href="https://www.watsoninvested.com/" rel="noopener noreferrer" target="_blank"><strong>Jeff Watson</strong></a>, attorney and <strong>self-directed IRA expert</strong>, joins the Dave duo to talk about the proposed “<a href="https://www.congress.gov/bill/117th-congress/house-bill/5376/text" rel="noopener noreferrer" target="_blank"><strong>Build Back Better Bill</strong></a>” and its consequences for real estate investors - which Jeff calls a “nightmare” for those who want to raise private money for deals. NOTE: Since this episode was recorded, the sections of the bill affecting Self-Directed IRAs have been removed. We added a disclaimer to the episode