The Business Model That Survives Every Recession w/ Drew Haney and Mike Balcom
No agenda, three friends, and an honest read on where the land market actually sits right now. Drew, Seth, and Stride CRM co-founder Mike Balcom get into why roughly half the investors who piled in during COVID have already quit, which strategies still produce deals when volume slows, and what separates the operators who survive a downturn from the ones who fold. Drew pulls from the ~850 land deals Rooster Capital has funded to make the case that the boring, smaller flips are the ones quietly producing the strongest returns.