The speaker discusses how interest rates influence housing and real estate prices, and reflects on a past investment that taught him valuable lessons. He also shares his general rule of thumb for expected returns from real estate investments.
The speaker reflects on the valuable lessons he learned from a single failed real estate deal, which taught him more than years of successful deals combined.
The speaker discusses the potential impact of interest rates on housing and real estate prices, stating they aim for a 7% cash on cash return annually.