592: BiggerNews April: How to Counter the Biggest Risk of 2022's Real Estate Cycle w/Doug Lodmell

<p>The way the <strong>housing market </strong>moves largely depends on the <a href="https://www.biggerpockets.com/blog/money-real-estate-market" rel="noopener noreferrer" target="_blank"><strong>real estate cycle</strong></a> we’re currently in. We all saw this during the<strong> 2007 subprime mortgage crisis </strong>as overleveraged homeowners saw their properties foreclosed on and later sold to investors who had cash on hand. We’re currently experiencing <strong>dramatic demand coupled with low inventory</strong>, so are we at the end of the housing market cycle, ready for a recession to knock down this house of cards?</p><p>Whether we are or aren’t close to a <a href="https://www.biggerpockets.com/blog/will-real-estate-bubble-burst" rel="noopener noreferrer" target="_blank">housing bubble</a> bursting, <strong>smart real estate investors are protecting their wealth</strong> regardless of what is to come. This is where today’s guest, <strong>Doug Lodmell</strong>, has gleaming insight. Doug and his team have worked for decades to protect the wealth of real estate investors. This is commonly known as <a href="https://www.biggerpockets.com/blog/anonymity-asset-protection-dummies-avoid-law-suits" rel="noopener noreferrer" target="_blank"><strong>asset protection</strong></a> but can be thought of as simple risk mitigation for the new real estate investor.</p><p>Doug has been through expansion, crashes, corrections, recoveries, and everything in between and has <strong>seen what a poor asset protection strategy can do to an investor's portfolio</strong>. He drops some knowledge on today’s show around <strong>how real estate investors in 2022 can protect themselves </strong>from going through a repeat of 2008. His simple, yet undeniably valuable advice could save you not only money but years worth of work you’ve put into real estate investing.</p><p>In This Episode We Cover:</p><p>Quick takes on <strong>today’s biggest stories surrounding the housing market</strong></p><p>The tools asset protection lawyer