Investing in Distress: Where the Opportunities Will Be and How to Capitalize on them ft. Vicky Schiff
Release Date: 02/09/2021
RealtyMogul's Podcast
Kathy Fettke, host of "The Real Wealth Show," interviews successful real estate investors to share their secrets. She also hosts the Real Estate News podcast and is the author of the bestseller, "Retire Rich with Rentals.”. She is a real estate developer, fund manager, and educator. She is a regular guest expert on FOX News, CNN, CNBC, Bloomberg, NPR, CBS MarketWatch, and the Wall Street Journal, and was named among the “Top 100 Most Intriguing Entrepreneurs” by Goldman Sachs two years in a row. Kathy and her husband, Rich, are active real estate investors in single-family homes,...
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Jared Morgan has served as Senior Vice President, Head of Acquisitions at Four Springs Capital Trust in Maryland since August 2016. He supports the real state investment trust in acquiring and managing a diversified portfolio of single-tenant income-producing commercial properties. Jared has 27 years of real estate underwriting acquisitions and dispositions experience, with over 15 years of experience in the net lease sector.
info_outlineVicky Schiff is a Founder and Managing Partner of MREC Management and is also the functional Chief Operating Officer of Mosaic Realty. She is an entrepreneur who has co-founded five companies since 1996, including real estate investment, a boutique investment banking firm, and Oro Capital Advisors which focuses on investors interested in acquiring commercial real estate debt and distressed assets across the USA. Vicky also has served on not for profit Advisory Boards such as the Robert Toigo Foundation and the USC Lusk Center of Real Estate and is committed to supporting women and minority emerging real estate firms throughout the US
Listen in as Realty Mogul’s CEO, Jilliene Helman, and Vicky Schiff deep dive into the intricacies of the current economic landscape and where they see investment opportunities over the coming months. Vicky shares what she has learned over the course of her career and what the last series of downturns taught her about trusting the data and doing her homework. Vicky also gives practical advice on how long a foreclosure generally takes and how Mosaic mitigates the risk of a longer timeline and goes on to share how long it will be until distressed transactions hit the market and her thoughts on how investors should time their action.
“Doing your due diligence and knowing what questions to ask are the most important things - it’s all about protecting the capital you've been entrusted with.” - Vicky Schiff
This week on The Reality Mogul Podcast:
- An overview of economic drivers in the current climate
- Vicky’s opinion on whether it’s a good time to get back into the market
- Where Vicky sees opportunity today
- How Mosaic is making plans for the future
- The asset classes and target areas that make good opportunities
- The practical process of buying distressed loans
- The three most critical things to underwrite in good times and bad
- The rate of return Mosaic looks for when taking on a distressed fund.
- How Vicky thinks cap rates will adjust between now and 2022
- Markets she is interested in and avoiding because of COVID-19
Connect with Vicky Schiff:
- Mosaic Real Estate
- Vicky Schiff on LinkedIn
- Mosaic Real Estate on Facebook
- Mosaic Real Estate on Instagram
- Mosaic Real Estate on Twitter
Connect with Reality Mogul:
- Realty Mogul Website
- Realty Mogul on LinkedIn
- Realty Mogul on Instagram
- Realty Mogul on Facebook
- Realty Mogul on Twitter