#INVESTTHIS EP 47: Mortgage Industry Trends for 2019

#Investthis iTunes Cover - multifamily investing
Listen to this episode
Powered by the Simple Podcast Press Player

The mortgage industry, as we know, is pushed and pulled by interest rates. Calvin Schnure, SVP of the National Association of Real Estate Investment Trusts’ recently stated, “The interest rates are keeping demand in check, but it’s not going to push it down. I don’t see the real downside risks people are worried about,”

My guest on today’s show, Bob Wasieko, is the Branch Manager for Geneva Financial. Bob has been in the business for over 22 years and I’m so pleased that he can lend us his expertise and unlimited knowledge of the mortgage industry.

During this episode, Bob and I discuss the Dodd-Frank Act, and how it has changed the fundamentals of mortgage lending. Furthermore, Bob explains the similarities and differences between 2008 and today, and how that is impacting the industry. He also provides his insights on where we are in the real estate investment cycle and gives his hypothesis on the trends we will be seeing for the next 5 years.

 

Tip of the Day:

Timely Information from Another Expert

#INVESTTHIS EP 21: Exclusive Tax Advice from Enrolled Agent, Scott Garner

Start In Wholesaling:

Want to start in wholesaling? I got my first deal going using Real Estate World Wide. TRY IT YOURSELF!

Submit your review
1
2
3
4
5
Submit
     
Cancel

Create your own review

Average rating:  
 0 reviews

About the author, Scott

Scott is an energetic and health conscious Real Estate Entrepreneur. A transplant from the state of Iowa, he has excelled in business from his very first venture. Entrepreneurship has come naturally for Scott, as he started his first company at the age of 17. He studied at the University of Iowa with degrees in Business Communication and Entrepreneurial Management, also studying Health Promotion with an emphasis in Nutrition before moving to Arizona to dominate in his Real Estate career.

Starting off in residential retail Real Estate sales with Keller Williams Realty and closing $2.2M in volume his first 12 months, he quickly realized being a realtor was not for him. Since then, he has moved into the investment space flipping over 150 residential transactions and building a portfolio of rental properties with over $20,000,000 in closed volume to date. He is also the host of the #INVESTTHIS Podcast, interviewing only the elite of Real Estate Investors for his listeners. Now with his knowledge and experience, he is moving into larger investment opportunities in multi-family and commercial Real Estate, focusing on building strong relationships with his investors, providing solid returns, and building wealth for his family.

Leave a Comment