Podcast Episode #461: The Credit Market Today and Its Impact on Real Estate – Chris Litzler
Episode #461: Dentist Freedom Blueprint Podcast
The Credit Market Today and Its Impact on Real Estate – Chris Litzler
Today on the podcast, you’ll get to listen in to another live conversation that I had at a recent Freedom Founder’s event. Chris Litzler is the Senior Vice President of Capital Markets for Marcus and Millichap, and is a stand-out in his knowledge of the commercial real estate space. As we witness the massive upheavals in the commercial market, Chris is here to provide insight into the capital markets so we have a better understanding of what steps to take (or not take) next.
Listen in to hear about what Chris does and what he hears from both sides of the capital markets. You’ll learn key observations he has made that could help investors navigate buying and selling in the current and near-future markets, what is allowing some deals to work, and what’s causing others not to work—or just not be worth it.
Minute Markers:
2:40 – What Chris is hearing from the different sides.
4:58 – What might be happening to the ability to get leverage (and what to do next).\
8:10 – The loans that have the most risk today.
9:37 – The main things that are making things work (or not work) lately.
11:22 – How Chris’ buy criteria have changed and what he’s looking at in order to buy.
15:16 – The deal with construction loans.
18:31 – How to avoid defaulting.
20:48 – The differences in transaction volume lately.
22:42 – Possible downsides to financing.
26:10 – The asset class that will have the most trouble in the future.
Featured on the Show:
Chris Litzler: LinkedIn | Email
Marcus & Millichap
Reading the Tea Leaves – Credit, Financing and Leverage Considerations in a Disruptive Market – Chris Litzler: Ep #410
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.
1. Get Your Free Retirement Scorecard:
Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/Scorecard to take the 3 minute assessment and get your scorecard.
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.