How the Recession Will Impact Real Estate & Hard Money Lessons with Kevin Amolsch

Published: Dec. 29, 2022, 8 a.m.

b"In this episode, Kevin Amolsch shares his perspective on the overall status of the market as we enter into a recession and inflation rates are slowly rising. He also talks about the current status of real estate and about what the hard money loans can do for investors.\\n\\xa0\\n\\xa0\\n[00:01 - 06:51] Changes Going into a Recession\\xa0\\nKevin shares about his background\\nDefining the difference between the 2008 recession to the current recession\\nSeeing very low approval rating within the credit availability index\\n\\xa0\\n[06:52 - 13:18] Comparing Recessions and How Investors can Protect themselves\\xa0\\nSeeing the current recession is limited to inflation and rising interest rates\\nInvestors should diversify onto Main Street and consider real estate as an inflation hedge\\xa0\\nHard money lenders should be more conservative with loan values and liquidity reserves\\n\\xa0\\n[13:19 - 23:28] Finding the Right Hard Money Lender\\nHard money lending is very local, so it's best to find a local lender\\nLenders are look at investors experience, liquidity reserve, document income, and credit report\\nBorrowers don't need a down payment; loan to value is based on AVR or stabilized value\\n\\xa0\\n\\xa0\\n[23:29 - 29:04] Closing Segment\\nQuick break for our sponsors\\nThe first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.\\xa0Learn more about Personal Capital at escapingwallstreet.com\\xa0\\nWhat is your favourite book?\\nThe E-Myth by Michael E. Gerber\\nKevin Amolsch\\u2019s indispensable tool\\xa0\\xa0\\nCustomer Relations Management\\xa0\\xa0\\nWhat are you looking forward to in 2023?\\nGermany for Oktoberfest\\n\\xa0\\n\\xa0\\nConnect with Kevin Amolsch:\\nWebsite: https://thepinereport.com/\\nEmail: kevin@pinefinancialgroup.com\\n\\xa0\\n\\xa0\\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through\\xa0https://www.passivewealthstrategy.com/crowdstreet/\\nParticipate directly in real estate investment loans on a fractional basis. Go to\\xa0www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\n\\xa0\\nTweetable Quotes:\\n\\u201c Don't stop buying. If you put your money under the mattress, like so many people are doing right now, you're losing your money.It's eroding to inflation.\\u201d - Kevin Amolsch"