Interest Rate Sentiment and Market Volatility on SFR Asset Class

[Sid Bobba]

Details
THIS WILL BE A VIRTUAL MEETING! Please register for Zoom meeting here.
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https://us02web.zoom.us/meeting/register/tZAtf-uvqj8jGdHK9Pc-YXUdiDqXusDYmIAt
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Topics:
Interest Rate Sentiment and Market Volatility on SFR Asset Class With Julius Mendoza (Kiava, former LendingHome)Time: March 30th, 2022 6:00 PM Pacific TimeAbout the Speaker:
Julius started his real estate career 7 years ago when he joined Kiavi during the infant stages of the company. Kiavi is a tech based company that facilitates simple, reliable and scalable processes for financing real estate investor deals. Julius attributed to the initial build out of the broker program before pivoting toward integral initiatives to grow the direct side of the business. Today as one of the regional directors Julius plays a role building in person relationships all over the country through one on ones, conferences and masterminds.Potential list of topics that he will cover:Demand/Supply ImbalancePaying over asking, anticipate continuingNew builds are further out to correcting the issuesAppraisal Bottle NeckWhat should I do?Inventory is tight - sourcing methods for off-market deals is tough; direct to seller marketing, social media combingPaying more - still getting conservative deals but more and more are paying 80-85% ARV;If things get tight you can fall back on refi'ing and turn into rentalSFR asset class in demandHPA skyrocketingRents Increasing record ratesDemand/Occupancy rates upWhat should I do?Best way to generate wealthConsider BRRRRSourcing strategy - look for properties that are rent ready, lower leverage and high ratesIf flip then hold - you can pull the initial equity out and repeat the processInterest Rate Sentiment / Market VolatilityBridge - stable if lender has securitizations / committed sources of fundingRents - based off index or other (follows the market)What should I do?Rental - move fast, see when you can lock or commit to waiting a 4-6mo for greater stabilityAsk for rate lock expiration datesFlip/Bridge - ask your lender if balance-sheeting, rates can move or slow, or if lender has committed source of funding - less changesWe look forward to seeing you there!Agenda:Introductions
Inventory report
How you can Earn 20% passive returns on your money
Presentation by Julius
Q&A Session
PS: The organizers Nitin, Vicky & Sid are all experienced real estate investors, who are flipping properties locally. We are still buying properties in the area, remodel or add value and sell for top dollar. If you are a Realtor, Wholesaler or a Private lender, please talk to us, lets do some business together in 2021. We are open to partnering with newer investors for a win-win.

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