Show 2- How Real Estate Investors Are Reacting And Adapting In These Unprecedented Times

Apr 14, 2020

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This podcast was from our recent Live Event where Jason Balin and Chris Haddon of Hard Money Bankers, Ian Horowitz of Equity Warehouse and Terry Royce of JT Homes hosted several different real estate professionals at the beginning of the Covid-19 pandemic. We explored 16 different investors and small business owners handling of the new challenges and impact from the Covid-19.

Show Notes:

Hosts – discuss how their businesses are immediately adapting to the impact of the "shutdown". Jason and Chris talk hard money loans, Ian Horowitz talks about what he is seeing with rentals and Terry Royce is adapting his wholesale business.

Amin Khakpouri of Universal Title, Washington DC – Status of closings, what jurisdictions are still open, virtual closings and what adaptions are going to stick in the future

Ryan Murphy of Potomac Real Estate Development, Baltimore, MD – What deals are getting done, how he is handling his niche market, Status of current flips on the market, short term future of flips

Jimmy Harris of Blue Water Homes, Columbia, MD – What the status of new construction is, handling current open jobs, market demand from buyers for new construction, status of rental portfolio

Rj Breeden of The Breeden Group, Baltimore, MD – New changes to showing houses for buyers, funding for buyers, what sellers are doing different to clean their house, multiple showings at one time, will virtual showings continue in the future

Scott Freitag of Eastern Savings Bank, Baltimore, MD – Are banks still lending, LTV and DSCR compressing, banks position on forbearance agreements, long term capital outlook

Mike Casey of Casey Investment Group, Baltimore, MD – Impact on the Air BNB model, decontamination requirements after short term stays, refunds from Air BNB, short term rental market future

Jim Chivers of Gold Commercial, Baltimore, MD – Office space, industrial space and retails survival mode of the pandemic, owner/user market for commercial space, long term vision of the commercial market landscape, what buyers and sellers are doing to combat the virus

Mike Shock of Silver Casa, Baltimore, MD – Status of current flips on market, how marketing for deals has changed, what actions to take to build your team during this staycation, who you should be talking to build your team

Katelyn Mathe of Keller Williams, North Wales, PA – Pennsylvania laws that have impacted the real estate market, how marketing is changing for buyers and sellers, can properties be listed, what she sees as the future of home buying

Mike Wagner of The Storage Rebellion, Rochester, NY – Is self storage insulated from the pandemic, are cap rates of buying and selling of storage facilities compressing, self storage as an essential business, how to take action to find your first storage deal

Ryan Huck of Berkshire Hathway Ocean City, NJ – Cancellations in the vacation rental market, financial stability of the market at the Jersey Shore, probability of foreclosures in the market, what was seen in the 2008 market

Ian Walsh of Hard Money Bankers, Philadelphia – Philadelphia is completely shutdown, what actions are being taken to current loans, where is the market going to go