loader from loading.io

BIGGEST RISK with Debbie Bloyd

Commercial Real Estate Pro Network

Release Date: 12/31/2019

PACE Financing for Real Estate with Scott Krone - CREPN #235 show art PACE Financing for Real Estate with Scott Krone - CREPN #235

Commercial Real Estate Pro Network

PACE (Property Assessed Clean Energy) Financing is a finance tool every real estate investor needs to know about to help acquire or renovate your property.

info_outline
BIGGEST RISK with Scott Krone show art BIGGEST RISK with Scott Krone

Commercial Real Estate Pro Network

people ask me about this in terms of real estate, what's going to happen with the economy, as you know, with political elections, what is it going to go up or down a recession or continue in this?

info_outline
Multifamily Syndication 2020 Outlook with Vinney Chopra - CREPN # 234 show art Multifamily Syndication 2020 Outlook with Vinney Chopra - CREPN # 234

Commercial Real Estate Pro Network

Multifamily Syndication 2020 Outlook, Vinney Chopra provides his thoughts for the coming year, 2020 and beyond.  

info_outline
BIGGEST RISK with Vinney Chopra show art BIGGEST RISK with Vinney Chopra

Commercial Real Estate Pro Network

Wow, I'm so glad you shared that because I settled three lawsuits. You know, just in the last quarter of 2019. So it's very fresh in my mind. And actually, one lawsuit was going on for about two and a half years. Nothing major, but it was major in the sense that something happened with one of my contractors on one of my property. And I'm so glad that I have had full coverage, you know. And they said you settle the issue for almost like seven hundred some thousand dollars. And I didn't have to pay a penny. 

info_outline
Financial Independence Through Real Estate with Kaylee Mcmahon - CREPN #233 show art Financial Independence Through Real Estate with Kaylee Mcmahon - CREPN #233

Commercial Real Estate Pro Network

info_outline
BIGGEST RISK with Kaylee Mcmahon show art BIGGEST RISK with Kaylee Mcmahon

Commercial Real Estate Pro Network

I think the BIGGEST RISK in what I do, multi-family investing, is making sure that the deal the way that you buy it. Because like honestly, the way you buy it means everything. I mean, if you don't buy it, right. Sorry, sucker. You know, whether whatever whether it's you know, you're not operating it right? 

info_outline
How to Leverage Social Media for Commercial Real Estate with Matthew Laborde - CREPN #232 show art How to Leverage Social Media for Commercial Real Estate with Matthew Laborde - CREPN #232

Commercial Real Estate Pro Network

How do you start to use social media?  You start. When Matthew Laborde started in commercial real estate at nineteen years old, Matthew had sworn off social media.  Prior to 2018, he used social media to connect with others, and rally for a cause. He did not use social media for business.  If people don’t know you are in business, how are they going to find you? Your goal in the beginning is to connect with people and find the people who are your fans or potential clients.

info_outline
BIGGEST RISK with Matthew Laborde show art BIGGEST RISK with Matthew Laborde

Commercial Real Estate Pro Network

The BIGGEST RISK, so I'm going to stay on topic for this one and I'll speak to the biggest risk for business owners and agents, right. In general, especially for the, I would say the veteran agent, the more mature agent and older agent.  

info_outline
Women Investing in Commercial Real Estate with Beth Azor - CREPN #231 show art Women Investing in Commercial Real Estate with Beth Azor - CREPN #231

Commercial Real Estate Pro Network

Women investing in Commercial Real Estate are rare.  Why is that?

info_outline
BIGGEST RISK with Beth Azor show art BIGGEST RISK with Beth Azor

Commercial Real Estate Pro Network

I think the BIGGEST RISK is lack of knowledge. And we luckily live in a world where we can mitigate that, but that does take time and effort and work to do so. So and you don't know what you don't know. 

info_outline
 
More Episodes

Darrin: Debbie Bloyd, what is the BIGGEST RISK?

Debbie: I think the BIGGEST RISK is that we're going to be running out of money and we're growing too old. So what I see happening to families, either with money or without money, is they're outliving their money. People say, how much do you need to have to retire? And I said, more than you think. And they're like, well, how much is enough? I don't know.

It depends on how you want to live. And so I have most of my seniors either out living their money. And that's a huge concern for them. And they don't start worrying about that until it's too late to do anything about it. You and I both know long term care policies. You can buy those at a young age. You can buy the middle aged. You can buy them when you're 60. But after about 65, they become unaffordable.

People are thinking too late because we don't know how old you are. Fifty five. I feel like I'm 35. I probably look like more like I'm 45. But I still mentally, I don't feel old at all. And so I think a lot of people that are baby boomers much older than us are in their 70s and they don't feel old at all.

But what happens is things are going to start going wrong with them and they're not protected. They never thought they'd, number one, get to be this old or no to have anything happen to them. And they're not prepared and wipes out entire families.