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RCRE - Corona Economics with David Kahn

RCRE - Corona Economics with David Kahn

FromJake and Gino Multifamily Investing Entrepreneurs


RCRE - Corona Economics with David Kahn

FromJake and Gino Multifamily Investing Entrepreneurs

ratings:
Length:
40 minutes
Released:
Apr 1, 2020
Format:
Podcast episode

Description

Mike Taravella and co host Will Coleman interview David Kahn, the managing analyst for CoStar group concentrating on the Atlanta metro and the Southern United States.    Key Information: Keep an eye on the unemployment claims, Government stimulus package, daily rents. Rents react very fast when there is a disruption in the market. We have already seen a rental rate decline over the last few days. Government agencies seem to be all in when it comes to helping the economy recover. Not yet seeing a variance in rental rate declines between class A, B, and C apartments. In the short term it doesn’t seem like white collar jobs are being impacted as of yet however long term with interest rates so low we may see more of this class residents move towards buying a house. Other than supply chain issues, the industrial space looks relatively strong right now.    9-11% unemployment seems to be the most reasonable estimate so far.  GDP loss for Q2 is projected anywhere between  -12% to -25% however the good news is that the Q3 and Q4 GDP growth show more positive estimates.  There will be a pause from the capital markets however as of now buyers are still looking at deals and occupancy rates are still record high.  Keeping an eye on development over the next few months could lead to a lack of supply for multi-family over the next 12-18 months.  Expert Pro Tip: Check out CoStar News! Also check out WARN Reports which state the location and number of layoffs in each state.  Contact Information: dkahn@costar.com    To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/     Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre
Released:
Apr 1, 2020
Format:
Podcast episode

Titles in the series (100)

What started out as a conversation between friends exploded into a thriving real estate investment business that continues its growth and profit. Jake and Gino are both experts in multifamily real estate investing and have achieved, by hands-on doing, the sort of financial freedom they've always wanted but were unsure was attainable. If you’re interested in multifamily strategies, syndication, increasing cash flow or just some good old fashion “make it happen” attitude, then this show is for you!