Podcast Episode #422: State of the Markets – Real Estate Recession and Creative Financing Opportunities (Part 2) – Eddie Speed
Episode #422: Dentist Freedom Blueprint Podcast
State of the Markets – Real Estate Recession and Creative Financing Opportunities (Part 2) – Eddie Speed
There’s change coming to the real estate investing world, so it’s more important than ever to understand the new stakes, the new risks, and the new strategies to help you succeed. We’re back with part two of my conversation with Eddie Speed, owner of Colonial Funding Group and founder of NoteSchool. (Be sure to check out part one if you haven’t yet.) Today we dive into the loan origination saga and how underwriting and investment deal flow has changed.
Listen in as Eddie and I discuss the key differences between investing with a promoter versus investing with the operator. We also talk about the opportunities that lie ahead in the current markets and why WHO you know is often even more important than WHAT you know. From creating true working connections to reperforming notes, Eddie shares a lot of valuable information you don’t want to miss.
Minute Markers:
1:15 – The difficulty with closing deals and what it leads up to.
4:45 – How to look at deals and ensure the sponsor has underwritten it well.
7:12 – The biggest risk in commercial real estate.
11:13 – What’s coming for the industry and what you should do about it.
13:11 – The opportunities and strategies that will make you a more prudent and successful investor.
21:01 – Understanding the current trend—and where it’s headed.
Featured on the Show:
Eddie Speed: LinkedIn | Colonial Funding Group
NoteSchool: Facebook | Website
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P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :
In this episode, we finish up the second part of my interview with Rob Swanson and his eight rules of investing. (If you haven’t listened to part 1, be sure to go back and give that a listen before jumping into this one.) Today, we pick up where we left off, covering rules four through eight and talking about everything from decision-making to cash flow and risk reduction.
Listen in as Rob shares his incredible insight and experience in real estate and investing to give us a few rules that help make our decisions and investments more solid. You will hear about the importance of looking at margins before buying and what boxes need to be checked when it comes to predicting a solid income stream. Rob also discusses how to define and mitigate the different risks involved so that you can come out on top.
Alastair MacDonald is a private advisor to established entrepreneurs, investors, and business owners, as well as a TEDx speaker who lectures on economic, social, and financial forecasts. Join me today to hear part two of our conversation at the Freedom Founders Mastermind, where we dive into the concept of certainty, how to hedge against a volatile economy, and why the abdication model is no longer one that works.
Listen in to learn the reasons why Alastair is not worried about consumer price inflation (and what he’s really worried about instead) and why the 401(k) is not always the investment that it is made out to be. You’ll learn why he is most concerned about the issue of division and polarity in the Western world, why your business is your best asset in a volatile economy, and how you can maintain its viability to weather the most intense economic storm.
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2. Attend A Workshop:
If you’re committed to Freedom, but still building a practice, paying down school debt, or growing investment capital, our hands-on Freedom Blueprint Workshops are your entrance ramp onto the fast track! Visit www.freedomfounders.com/workshop to claim your seat!
3. Apply To Visit The Mastermind:
If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (5-7 years max), visit www.freedomfounders.com/step-1 to apply for a seat.
4. Want to Work Directly with Me?
If you’d like to work directly with me and a small group of my closest investment colleagues, with direct access to the dealmakers and asset classes that I invest in, just send a message to my Executive Assistant (Lindsey@FreedomFounders.com), and put “Fast Access” in the subject line. Or, call (972) 203-6960 Ext 144 and leave a brief voicemail for Lindsey. Let her know you’re interested in the Fast Access program – we’ll set up a time with you to talk, find out about your goals, and see if there is a fit.