#346 RE Investing During a Pandemic Pt 2 on Flipping America Radio

Published: March 22, 2020, 7:17 p.m.

On our last show we played part of a call held on Thursday March 19 for the Flipping America REIA Group. Our esteemed Panel consisted of Gordon Catts, Ramon Tookes and Logan Mohtashami. The call lasted longer than we could get into one show so today we will play the rest of the call for you, but we need to update you on the rapidly changing situation. In fact, by the time you hear this, I’m sure there will be new developments.

While we were on the call, California Governor Gavin Newsom ordered all 40 million residents to say home. He stated that he believes 56% of Californians could become infected. This was immediately refuted by a Stanford Epidemiologist who stated that such projections were based on bad science. Furthermore, a number of law groups have come forward to assert that the Governor cannot legally order people to stay at home. He has the power to suspend California laws, but he does not have the power to suspend Constitutional Rights.

Various cures or cure ideas are being put forward and tested. There is a vaccine already being tested. Also on today’s show, I’m going to share with you an article from this morning’s Wall Street Journal, in case you missed it, titled “Coronavirus Vindicates Capitalism”. This is a beautiful can’t miss article by Kimberly Strassel and you need to hear it or read it for yourself. This message MUST get out to today’s young adults.