Passive Income, Active Wealth - Hard Money for Real Estate Investing

Sean D. Casterline joins Wendy Sweet and Bill Fairman to talk about the trying times we are in. He focuses on the aging baby boomers who need a good place to live as they no longer want to live in a house or apartment.

He develops his projects based on demand. 

Sean D. Casterline, a Chartered Financial Analyst (CFA), is a recognized expert in the field of wealth management and alternative investments. As corporate equity officer, Sean is responsible for overseeing retail capital resourcing.

As President and founder of Delta Capital Management, LLC, Sean specializes in the areas of corporate finance and alternative real estate transactions for clients across a wide variety of industries.

In recent years, he has worked to develop investment and financing alternatives using the broadest range of financing structures available to maximize yields and flexibility for his clients.

Along with Wendy Sweet, Bill Fairman, and Jonathan Davis of Carolina Capital Management, our expert panelists will include:

• Bryan Maddex, Area Manager & Loan Originator of Amerifirst Home Mortgage in Charlotte, NC. Bryan has 20 years of experience in the financial industry and focuses on FHA, VA, USDA Rural Development, renovation, as well as conventional mortgages.
• Aaron Chapman, Branch Manager & Loan Originator of Security National Mortgage in Mesa, AZ. Aaron has 23 years of experience in the financial industry, is an author, and offers a full product array as well. Both Aaron & Bryan specialize in helping Real Estate Investors.
• Lane Kawaoka, CrowdFundAloha.com, SimplePassiveCashflow.com, and REIAloha.com. Lane is responsible for finding investment opportunities, analysis, and marketing. Now controlling more than 3,500 units in many parts of the country, Lane will be providing us with an update on how his holdings are performing in the current market, as well as share his unique fundraising strategies.
• Glenn Stromberg, Founder of Stromberg Investment Group, has over 37 years of Real Estate Investing experience in the mobile home industry. Glenn invests in the often overlooked "Wheel Estate" industry, and has investment properties across Texas and North & South Carolina.
• Fuquan Bilal, CEO of National Note Group, is a Real Estate Investor with over 20 years of broad experience. As the Principal of National Note Group Capital Fund, he effectively hedges investors' risk by spreading their investment across a portfolio of alternative assets that diversify and stabilize the fund's return and valuation.

For most of the past 8 years, any investor could make money. Prices were rising. Demand was good.

Bill Fairman talks about the changes and what they mean for new real estate investors.

When you are new, you need Mentors and people who will help and support you. The Hard Money Lender is a good barometer for how good your deal is. If they refuse to lend money it is usually because the deal is poor or risky.

What's happening to small hotels?

Joining Carolina Capital Management on Today's show: Kevin Kim, a securities attorney with Geraci Law Jacob Vanderslice - www.vanwestpartners.com Randy Lawrence - Prosperity Capital Partners Mike Zlotnik - www.TempoFunding.com Wendy Sweet, Bill Fairman and Jonathan Davis of Carolina Capital Management

American Association of Private Lenders - Certified Fund Manager Course

Bill Fairman and Jonathan Davis talk about the present situation and what to do about tenants and their payments.

What happens to the government stimulus payouts?

How do you handle rent issues, deferment of payments?

If you own single-family homes you might have fewer issues with payments.

There are lots of hiring going on.

Wendy Sweet and Jonathan Davis talk about Hard Money lending in the Coronavirus Crisis economy.

A lot of Hard Money lenders are closing down

They see more seller financing happening. Many landlords who haven't been paid and if they can seller finance and get cashflow.

https://www.carolinahardmoney.com

More and more good deals are showing up, due to the current crisis.

How will rents react? Presently they are holding steady.

Joining Bill Fairman, Jonathan Davis and Wendy Sweet are the Freedom Founders Executives, Dr. David Phelps, Blaine Oelkers, and Davy Tyburski.

Don't go crazy and don't be lazy.

Have a plan when you start the day. Don't start the day on social media, email, or business. Start the day doing stuff for you.

Keep the motor running. Eat healthy foods. Take time to reboost and recharge. Take 6 minutes an hour.

If you did not have a business today, how would you be doing your business?

80/20 rule. 80% focus on Short Term. 20% on Strategy for the future. Today, focus on the long term.

It's hard to find like-minded people, people who build you up and support your growth.

Carolina Capital hosts their weekly Coronavirus Crisis Roundtable.

Featuring:

Fernando Angelucci - www.TitanWealthGroup.com

Jacob Vanderslice - www.VanWestPartners.com

Chris Miles - www.MoneyRipples.com

Glenn Stromberg - www.StrombergInvestmentGroup.com

Sean Casterline - www.TuscanInvestor.com

Housing starts down 22%. Unemployment hit 22 million new applicants.

Total Unemployment of 23 million applicants.

How many will go back to work? How will they pay their taxes? Some businesses will never come back because lifestyle habits have changed.

A lot of work can be done virtually.

Ordering online has been huge. Amazon is having a banner year.

Housing starts are down 22% in March over February. Multi-family are up.

What does this mean for real estate?

The Financial Experts are back to discuss the Recession, Depression and Coronavirus Fallout in the Economy.