Episode #1,005 Episode Show Notes: https://link.chtbl.com/BPRE Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab J’s Book “Recession-Proof Real Estate Investing”: https://store.biggerpockets.com/products/recession-proof-real-estate-investing?utm_source=owned_media Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders See Dave and James at BPCON2024 in Cancun! https://www.biggerpockets.com/events?utm_source=youtube&utm_medium=description&utm_campaign=none Why Has the Housing Market Not Crashed in Over 15 Years?: https://www.biggerpockets.com/blog/why-has-the-housing-market-not-crashed-in-15-years?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with J: https://www.biggerpockets.com/users/jasonscott?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with James: https://www.biggerpockets.com/users/jdainflips?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none Recession fears are increasing. The stock market has taken substantial hits, housing inventory is climbing, and bank account balances are starting to fall. So, with more economic turmoil, we have to ask: will the housing market crash? And if we get a housing market crash, how bad (or good) will it be for investors? Could we see a 2008-style selloff, or should we be more prepared for small dips worth taking advantage of? Today, we’re asking two top investors these questions, one of whom literally wrote the book "Recession-Proof Real Estate Investing." J Scott and James Dainard join us on today’s episode to discuss market crash predictions, scenarios, and opportunities for real estate investors. Both J and James experienced the 2008 housing market crash—an economic event almost impossible to forget. But is 2024 shaping up for a sharp decline like 2008, or will we simply see a slower real estate market like most people had expected when interest rates began to rise? If the market DOES crash, what should you look for to take advantage, and how do you ensure you don’t get caught biting off more than you can chew? J and James break down their game plans if prices fall and why buying now could set you up for wealth ten years from now, IF you can handle the “fear” of buying when others are running from real estate. 00:00 Intro 04:01 New Recession Fears 14:25 Is This Like 2008? 18:06 What Will Cause a Crash 31:11 What to Do During a Crash 36:56 Opportunity for Investors