Podcast: The Next Real Estate Downturn Is Around the Corner

Real estate expert and author Robert Campbell has been in or around the industry his entire life. Over the years, he’s been through good markets, bad markets, and everything in between. His experience and analytical approach to real estate’s cyclical nature gives him a huge edge when it comes to timing market shifts. On today’s show, Robert explains how his approach to market timing works and why he believes the next downturn is right around the corner. Don’t miss it!

Listen to today’s show and learn:

Robert’s brief bio [3:14]
California’s real estate market cycles [5:04]
The next market downturn [6:54]
What really drives real estate markets [9:46]
Robert’s advice to agents [12:19]
The percentage of home builders that go bankrupt [14:13]
The time it takes to really know the market [19:25]
The right way to invest in real estate [24:28]
5 indicators to follow for insight on market direction [26:10]
The biggest mistake people make when predicting market patterns [33:43]
How to interpret interest rates [36:29]
Robert’s advice on investing: take calculated risks [39:22]
How to break through your goals.
Plus so much more.

Robert Campbell

Robert Campbell has been eating, sleeping, living and breathing real estate from the time he learned how to walk.

The son of a successful San Diego home builder, he spent many hours as a youngster tagging along with his dad to the lumberyard, and later worked on his father’s construction sites to help pay his way through college.

But Robert quickly learned that there was far more to real estate than dirt, concrete, lumber and building materials. Early on, he learned that real estate markets are a lot like roller-coaster rides where spectacular climbs are frequently followed by spectacular falls.

Robert graduated from UCLA and started investing in real estate at age 24, by borrowing $14,000 from his parents for the down payment on a 6-unit apartment house in San Diego. After doing some cosmetic repairs and raising the rents, he sold the property for an $11,000 profit one year later. He was hooked for life.

Robert Campbell has had a multifaceted 46-year real estate career that includes: As a real estate investor, he has bought and sold over 40 rental properties. As a real estate developer, he has built over 50 homes and apartment units. As a California real estate broker (licensed in 1976), he handled the sales and mortgage financing for hundreds of clients. As a real estate adviser, he has been publishing “The Campbell Real Estate Timing Letter” since 2002. As a university lecturer, Robert Campbell spoke at the University of San Diego.

A seasoned veteran of both good real estate cycles and bad, Robert Campbell has experienced more successes than losses. Ironically, however, it was his biggest real estate “mistake” ever that inspired him to write this book.

Because he believes that “avoiding disaster” is one of the true secrets for achieving lasting, long-term prosperity — and because of his hard-won experiences, market observations, education, and analytical expertise — Robert has created The Campbell Method for tracking trends to buy and sell. This revolutionary approach to timing the real estate market not only provides you with the tools to survive the real estate roller-coaster ride, but it also presents a clearly defined method for achieving maximum profit.

With respect to investing in the markets – and especially real estate – Robert believes that using a proven and time-tested “system” (purely data-driven, of course) is the best way to identify the most profitable times to buy and sell.

Related Links and Resources:

Thanks for Rocking Out

Thank you for tuning in to Pat Hiban Interviews Real Estate Rockstars, we appreciate you! To get more Rockstar content sent directly to your device as it becomes available, subscribe on iTunes or Stitcher! Reviews on iTunes are extremely helpful and appreciated! We read each and every one of them, please feel free to leave your email so that we can personally reach out and say thanks! Have any questions? Tweet me, Facebook me and ask Pat anything. Don’t forget to head on over to Bare Naked Agent for Pat’s answers, and advice. Thank you Rockstar Nation, and keep rockin!