Personal Brand & Positioning
How are high interest rates affecting small business owners and landlords?
Answered independently in 1 episodes. Every line below is verbatim from the transcript, timestamped to the moment it was said.
The short answer
What the archive says
01He argues 5.5% is the historical sweet spot for US interest rates: high enough to be sustainable, low enough to keep people buying. source →
02Interest rates moving from 3-4% to 6.5-7.5% killed the ability to cash flow rental property without a much larger down payment; SBA loans that were 7% are now 12-16%. source →
In their words
What was actually said
But right now, think about this. This is 2024. Just two years ago, you can make money off of your list list, land redeeming these private jet orders, crypto NFPs, mastermind, do anything we touch, real estate, houses and cars selling for tens of thousands of dollars over list buys, interest rates were dirty, gasoline was dirty, everything you touched you made money from.
The episodes