The Bulletproof Dental Podcast Episode 364 HOSTS: Dr. Peter Boulden & Dr. Craig Spodak GUEST:  Randy Smith DESCRIPTION In this conversation, Craig and Peter interview their friend Randy Smith. They get into a discussion about real estate, with Randy sharing his expertise as a financial guru. Randy emphasizes the importance of owning real estate as an alternative investment and explains the benefits of investing in real estate. He also discusses the current state of the real estate market, including the impact of interest rates and the opportunities for value-add deals. The conversation concludes with a discussion about the upcoming Fed meetings and the potential for investment opportunities in real estate. TAKEAWAYS Real estate is an important alternative investment and offers various benefits, such as cash flow, inflation hedge, and wealth building. The current real estate market presents opportunities for value-add deals, especially with the potential decrease in interest rates. Investors should focus on the basis and return on equity when evaluating real estate deals. It's important to stay informed about the market and be ready to take advantage of investment opportunities. CHAPTERS 03:10 - The Benefits of Real Estate as an Alternative Investment 06:11 - Value-Add Deals: Seizing Opportunities in the Real Estate Market 08:22 - The Impact of Interest Rates on Real Estate Investing 13:08 - Evaluating Real Estate Deals: Focus on Basis and Return on Equity 29:47 - Preparing for Investment Opportunities in Real Estate REFERENCES Bulletproof Mastermind Bulletproof Summit Bulletproof Real Estate Warrior Sailing