Why Warren Buffett Is Hoarding Cash Like It’s 2008

Pat Hiban and Matt King break down what they’re seeing in the economy right now, from rising consumer debt and interest rates to Warren Buffett’s massive cash position and what it could signal about what’s ahead. They also get into the pressure facing multifamily real estate, where opportunities could emerge in a downturn, and how investors can position themselves to weather whatever comes next.-Later, Pat shares his experience with Section 8 and college rentals, while Matt explains why knowing your numbers, protecting cash flow, and staying focused may matter more than trying to predict exactly what the market will do.-0:00 Money in politics0:23 Business is booming, but consumers are struggling2:34 The growing divide between business and consumers5:33 Why Matt thinks it’s time to build cash9:45 Why prices aren’t coming back down13:32 Does the market need a crash?16:05 Government debt and the growing deficit17:52 The problem with money in politics20:08 Why communities are pushing back on data centers21:13 Is a market reckoning coming?22:30 The warning signs in multifamily real estate25:18 The number real estate investors should actually track35:44 Is Section 8 housing still worth it?39:56 Why Pat likes college housing48:00 Where Matt sees real estate opportunities50:17 Labor shortages and rising construction costs55:51 Stop watching the news and know your numbers58:24 The bellhop story: doing whatever it takes59:51 Pat’s advice for building a prosperous life1:02:24 Preparing for whatever comes next-Learn More About Gobundancehttps://www.gobundance.com/-Gobundance is a member-led mastermind built for the chasers, the overachievers, and the perpetual dreamers. Here, we aim to provide the accountability, support, adventure, and education you need in your journey to becoming a better man, husband, father, friend, and entrepreneur.-Want to connect with our community?Instagram: https://www.instagram.com/gobundanceFacebook: https://www.facebook.com/gobundance LinkedIn: https://www.linkedin.com/company/gobundancegblTikTok: https://www.tiktok.com/@gobundanceofficial