Podcasts about Underwriting

What separates those who win deals in today's real estate market from those who keep missing out?   In this episode, Angel welcomes back Anna Latysheva and Fernando Arias of ALFA Peak Capital for a hands-on session about underwriting multifamily real estate deals. Drawing from their experience analyzing over 300 properties across U.S. markets, Anna and Fernando break down the essential components of successful underwriting, from understanding rent comps to knowing your local tax assessor. They also highlight the importance of reliable market assumptions, building relationships with property managers and banks, and how attention to detail can make or break a deal. If you're wondering why your offers aren't landing, this conversation offers practical guidance and tools to sharpen your underwriting process and become more competitive.     [00:01 - 05:00] Starting with “Other Income” The significance of identifying "other income" as a key variable in underwriting. Why this often-overlooked line item can influence deal viability. The importance of being exposed to diverse underwriting perspectives.   [05:01 - 10:18] Meet the Founders of Alpha Peak Capital How Anna and Fernando transitioned from chemical engineers to real estate investors. The importance of mindset and community in scaling a real estate portfolio. Why real-world underwriting experience builds confidence and clarity.   [10:19 - 15:43] Underwriting 101: Known Variables vs. Assumptions What underwriting really involves and the role of knowns vs. assumptions. The importance of recognizing market rent, cap rates, and economic vacancy. How seemingly small data points—like window conditions—can affect outcomes.   [15:44 - 20:00] Tools and Templates: Where to Begin Why there's no need to build your own underwriting model from scratch. Useful tools mentioned: Rand Capital, Synthesis Model, Michael Blank's analyzer. How repeated practice builds reliable rules of thumb in your underwriting.   [20:38 - 23:45] Local Knowledge is Your Edge The importance of PMs and bankers in understanding expense ratios and market rents. How lease terms, seasonality, and dynamic pricing affect rent comps. Why using outdated or generic rent data can derail your deal analysis.       Connect with Anna:   LinkedIn: https://www.linkedin.com/in/ibuybuildings/   Connect with Fernando:   LinkedIn: https://www.linkedin.com/in/fernandoapartments/     Key Quotes:   “The first time I heard that ‘other income' can make or break a deal was from Anna and Fernando. That stuck with me.” - Angel Williams   “People who win deals usually know their markets better than everyone else—and they work harder.” - Fernando Arias     Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!

“Underwriting in Chicago is, I think, a bit easier than a lot of other markets,” says Matt Katsaros, founder of Wildwood Investments, adding, “Especially when you're local and you know the players, you can quantify risk a little bit easier.” Matt knows the players. Wildwood Investments has carved a niche in Chicago's premier neighborhoods by developing mid-sized multifamily properties of 30 to 100 units. Tune in to this conversation with host Phil Coover about the advantages of having both construction and finance expertise in-house and the unique challenges and opportunities in Chicago's limited-supply market.Connect and Learn More☑️ Matt Katsaros | LinkedIn☑️ Wildwood Investments☑️ Phil Coover | LinkedIn☑️ McGuireWoods | LinkedIn | Facebook | Instagram | X☑️ Subscribe Apple Podcasts | Spotify | Amazon MusicThis podcast was recorded and is being made available by McGuireWoods for informational purposes only. By accessing this podcast, you acknowledge that McGuireWoods makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in the podcast. The views, information, or opinions expressed during this podcast series are solely those of the individuals involved and do not necessarily reflect those of McGuireWoods. This podcast should not be used as a substitute for competent legal advice from a licensed professional attorney in your state and should not be construed as an offer to make or consider any investment or course of action.

Die Themen im heutigen Versicherungsfunk Update sind: Führungswechsel bei Hiscox: Tim Bethge wird Deutschlandchef Der Spezialversicherer Hiscox ernennt Tim Bethge zum neuen Managing Director für Deutschland. Der 44-Jährige übernimmt die Position am 15. September, vorbehaltlich der Zustimmung der Aufsichtsbehörden. Bethge war zuvor bei Zurich tätig und bringt langjährige Führungserfahrung in Underwriting, Vertrieb und Strategie mit. Bis dahin führen Tobias Wenhart und Markus Klopfer interimistisch das Unternehmen. Allianz-Risikolebensversicherung für Menschen mit Diabetes: Bonus für stabile Blutzuckerwerte Seit fünf Jahren bietet die Allianz eine spezielle Risikolebensversicherung für Menschen mit Diabetes – mit Erfolg: Drei von vier Interessierten erhalten eine Police, rund 2.000 Kunden haben sich bereits versichert. Ein besonderes Feature: Wer seinen HbA1c-Wert jährlich einreicht und damit stabile oder sinkende Blutzuckerwerte nachweist, kann den Beitrag senken – aktuell profitieren 90 % der Einreichenden von einem Bonus. Cabrio fahren lohnt sich – besonders mit Saisonkennzeichen Cabrios sind vor allem bei älteren Fahrern beliebt: Die Generation 60plus fährt 34 % häufiger offen als der Durchschnitt. Besonders viele Cabrios rollen in Rheinland-Pfalz, Hamburg und dem Saarland, wie eine Analyse von Verivox zeigt. Wer auf ein Saisonkennzeichen setzt, spart deutlich bei der Kfz-Versicherung – bis zu 33 % im Beispiel mit einem Audi A5 Cabrio. Wichtig: Außerhalb der Zulassungszeit darf das Fahrzeug nicht im öffentlichen Raum stehen. MRH Trowe übernimmt CR Assekuranz GmbH MRH Trowe übernimmt rückwirkend zum 1. Januar die CR Assekuranz Makler GmbH (CRA) mit Sitz in Suhl. Die Integration stärkt das Geschäftsfeld Finance und erweitert die regionale Präsenz des Maklerhauses. Die Spezialisierung der CRA auf Kreditversicherungen ergänzt das bestehende Portfolio. Die Marke CRA bleibt erhalten, Geschäftsführer Patrick Baumbach übernimmt zusätzlich eine leitende Funktion bei MRH Trowe. Talanx startet mit Rekordquartal ins Jahr Talanx legt das stärkste erste Quartal der Unternehmensgeschichte vor: Der Konzerngewinn steigt auf 604 Mio. EUR. Trotz hoher Großschäden, insbesondere durch Waldbrände in Kalifornien, bleibt die Gruppe auf Kurs, das Jahresziel von über 2,1 Mrd. EUR zu erreichen. Der Versicherungsumsatz wuchs um 5 % auf 12,4 Mrd. EUR, das EBIT stieg um 4 % auf 1,3 Mrd. EUR. Besonders stark zeigte sich die Erstversicherung, während die Rückversicherung durch Naturkatastrophen belastet war. Die Eigenkapitalrendite liegt bei soliden 20,1 %. Darlehenssumme sinkt – Standardrate steigt leicht Im April lag die durchschnittliche Darlehenssumme für Baufinanzierungen laut Dr. Klein bei 310.000 EUR – 9.000 EUR weniger als im März. Trotz des Rückgangs stieg die Standardrate auf 1.458 EUR, bedingt durch einen kurzzeitigen Zinsanstieg. Die durchschnittliche Zinsbindung fiel auf ein 14-Jahres-Tief von zehn Jahren und sieben Monaten. Der KfW-Anteil am Gesamtvolumen sank erneut auf 7,52 %.

Paul Peebles and James Eng dive deep into the shifting landscape of multifamily real estate investing. From Old Capital's educational bus tours across DFW submarkets to critical updates on distressed assets and stricter underwriting from Fannie Mae and Freddie Mac, this conversation is packed with insight for both seasoned operators and aspiring investors. Learn why fewer deals are closing, how lenders are adjusting, and what steps you can take now to build credibility, raise capital, and find success in today's competitive market. Don't miss key tips on navigating loan options, attending the Old Capital Conference, and why due diligence has never been more important. Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and your long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

The Science To Mental Clarity  - Dr. Carlos Yu   On this episode I welcome back good friend, personal physician and presence therapist Dr. Carlos Yu.    Dr. Yu, has 35 years of clinical experience, loves cold plunges, and taking care of his patients with radical new approaches to mental health.    Today we talk about presence therapy, ear acupuncture, what's causing so much depression and anxiety today, we dive into AI, the importance of regular breaks and mini retirements that I'm huge on, and closing the show with a LIVE therapy session!  Take notes and listen twice twice to this one!   Website/contact info for guest: Web: https://ajaxharwoodclinic.com  Facebook: https://www.facebook.com/carlos.yu.940 Instagram: https://www.instagram.com/c.yu765/   This episode proudly sponsored by BM Select - https://bmselect.ca    Are you looking to become a millionaire through real estate investing? Then BM Select is for you! BM Select has helped more people become millionaires over the past 15 years than ANY OTHER mortgage broker in Canada!   BM Select focuses on working with Real Estate Investors who are looking to begin or expand their portfolio, as well as specializing in working with customers that are engaged with our host of Realtor contacts across Canada. At BM Select we offer strategic mortgage solutions with dedicated Agent Support along with leading-edge Underwriting and Fulfillment Services that allow you to sleep well knowing your mortgage transactions are being handled by top quality professionals.   To find out more, visit the website or email https://bmselect.ca    Other Links:   Real Estate Investment Club visit https://www.smarthomechoice.ca 

Confidence comes from numbers—not vibes. Underwrite like your future depends on it.   In this power-packed episode of The Abundance Mindset, Vinney Chopra shares the true foundation of confidence when dealing with multimillion-dollar deals: underwriting.   Gualter Amarelo presses Vinney on how he developed the emotional strength to close 42 out of 42 real estate deals. The answer? Mastering the numbers and removing emotion from decision-making.  

This week we sat down with James Flynn, an investor at Sequoia. James focuses on growth-stage investments for Sequoia and was previously an investor at General Atlantic.  During the episode, we cover James's journey to Sequoia, highlighting intellectual curiosity and his competitive spirit as key attributes in his path to the firm. The conversation features a number of fascinating perspectives across investing in "daring" companies, including James's take on the relative importance of business model / founder / market in making an investment decision. We also cover how James thinks about absolute valuation as opposed to a multiple, and how he believes junior investors can add value.  James's energy is infectious and his eloquence and clarity of thought stand out, making the conversation one of our most fascinating yet. Episode Chapters:Key personal characteristics - 2:19James's journey post-college - 9:30Breaking in to Sequoia - 12:55Taking the shot - 13:55 Underwriting thoughts - numbers support the story - 21:33Sequoia's singular KPI - 27:45How junior investors can add value - 30:10Absolute valuation matters - 35:31 James's areas of focus - 38:32 Implications on education - 41:12Quick fire round - 43:26As always, feel free to contact us at partnerpathpodcast@gmail.com. We would love to hear ideas for content, guests, and overall feedback.This episode is brought to you by Grata, the world's leading deal sourcing platform. Our AI-powered search, investment-grade data, and intuitive workflows give you the edge needed to find and win deals in your industry. Visit grata.com to schedule a demo today.Fresh out of Y Combinator's Summer batch, Overlap is an AI-driven app that uses LLMs to curate the best moments from podcast episodes. Imagine having a smart assistant who reads through every podcast transcript, finds the best parts or parts most relevant to your search, and strings them together to form a new curated stream of content - that is what Overlap does. Podcasts are an exponentially growing source of unique information. Make use of it! Check out Overlap 2.0 on the App Store today.

In this conversation, John Harcar and Daniel Marklin discuss the mindset and strategies necessary for success in real estate investing. Daniel shares his journey from a corporate job to becoming a full-time real estate investor, emphasizing the importance of mentorship, the challenges of scaling, and the significance of having a clear vision. The discussion covers practical steps for finding properties, underwriting deals, and the transition from small multifamily units to larger syndications. Daniel also highlights the importance of mindset and continuous learning in achieving success in the real estate industry. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In Episode 106, host Tim Bonnell Jr. sits down with Chris Proudlove, Senior VP at Great American Insurance Company, to unpack the risks, rewards, and insurance implications of the fast-evolving eVTOL and Advanced Air Mobility (AAM) sectors. From urban air taxis to drone deliveries, we explore what aviation's "third wave" means for insurers, operators, and regulators alike.  Timestamps: •     00:02 – Welcome & Guest Introduction •     00:47 – Chris Proudlove's 35-Year Journey in Aviation Insurance •     03:17 – Why eVTOL is Aviation 3.0: A New Era Unfolds •     05:33 – Challenges of Insuring eVTOL & AAM Aircraft •     09:15 – Public Acceptance & Infrastructure Hurdles •     10:48 – How eVTOL Insurance Differs from Traditional Aviation Policies •     14:36 – The Role of Telematics & Data in Underwriting •     16:40 – Claims Complexity: Batteries & New Tech Risks •     18:52 – Biggest Growth Opportunities for the Industry •     21:26 – Final Thoughts & Industry Call-to-Action Whether you're an underwriter, broker, or aviation enthusiast, this episode is packed with insights on how the insurance market is adapting to the next frontier of flight.

On this episode of the Best Ever CRE Show, Amanda Cruise and Ash Patel interview Suja Shyam, Managing Partner of Lux Capital Investment Group. Suja shares how her firm has expanded beyond multifamily real estate into alternative assets, including private equity and small business acquisitions. She explains the appeal of cash-flowing businesses amid rising interest rates, the underwriting and due diligence involved in these deals, and her preference for durable, low-volatility industries. Suja also discusses a recent healthcare brokerage investment targeting a 5X equity multiple and emphasizes risk-bucket thinking for investors seeking higher growth. Suja Shyam Current Role: Managing Partner, Lux Capital Investment Group Based in: Portland, Oregon Best Way to Reach Her: Website: https://www.luxe-cap.com Get a 4-week trial, free postage, and a digital scale at ⁠https://www.stamps.com/cre⁠. Thanks to Stamps.com for sponsoring the show! Post your job for free at https://www.linkedin.com/BRE. Terms and conditions apply. Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at www.bestevercommunity.com Learn more about your ad choices. Visit megaphone.fm/adchoices

What the Debt Markets Are Telling Us — and Why Sponsors Should Listen Insights from Lisa Pendergast, Executive Director, CREFC   In today's capital markets, where debt is more expensive, less available, and slower to move, understanding how credit flows work has become just as important as understanding your deal. That's why I sat down with Lisa Pendergast, Executive Director of the Commercial Real Estate Finance Council (CREFC) – a central figure in the $5 trillion CRE debt markets – to ask what the institutions upstream are seeing, and what that means for those of us operating on the front lines of equity, operations, and acquisitions.   A Market in Holding Pattern Lisa noted that while Q4 2024 sentiment among debt market participants had turned unexpectedly upbeat, that optimism collapsed in Q1 2025. The cause? Policy uncertainty, rate volatility, and a reemergence of geopolitical and trade risks, most notably the return of tariffs under the Trump administration.   The result is hesitation. From the largest bond desks to the average sponsor refinancing a stabilized deal, participants are stuck in wait-and-see mode. "When there's uncertainty," Lisa explained, "things just stop."   The Math Has Changed Lisa pointed to a roughly 300-400 basis point gap between legacy loan coupons and current market rates. Even where property fundamentals are stable, that rate delta is making refinancings difficult, especially when higher cap rates have also eroded asset valuations. The implication: more equity must be written into every deal, or the loan won't pencil.   This is the backdrop to rising CMBS delinquencies, particularly in office and, increasingly, multifamily markets where excess supply and rent softening have converged. Lenders aren't panicking, but they are requiring more diligence, more equity, and more confidence in borrowers.   Why Sponsors Should Watch the CMBS Market For sponsors who don't interact directly with capital markets, Lisa offered a critical point: trends in CMBS spreads and issuance are leading indicators. When investors demand higher spreads (i.e., more compensation for risk), lenders raise rates, reduce proceeds, or pull back altogether. She explained the distinction between conduit deals (pools of smaller loans) and SASB structures (large, single-sponsor or single-asset bonds). The conduit market, a lifeline for mid-sized deals, has slowed dramatically. That signals tightening liquidity for smaller sponsors or niche asset classes. Meanwhile, large SASB deals continue but only with strong assets, strong borrowers, and deep-pocketed equity partners.   The Regulatory Horizon Lisa also addressed deregulation under Trump 2.0. While she hasn't seen core rules like Dodd-Frank or the Volcker Rule reversed outright, she's watching how new leadership at key agencies may soften enforcement.   Dodd-Frank was enacted after the 2008 financial crisis to rein in excessive risk-taking by lenders and increase transparency in financial markets. The Volcker Rule, a key provision, restricts banks from making speculative bets with their own capital, especially in risky vehicles like real estate-backed securities.   For sponsors, the concern isn't just about policy in Washington, it's about what happens to lending standards and capital stability when those policies shift. Lisa's concern is practical: regulatory whiplash, rules swinging left, then right, then back again, as we've seen with tariffs, undermines confidence and can freeze the flow of capital.   When lenders aren't sure what rules they'll be operating under next quarter, they hesitate and that caution trickles down to your loan terms. Sponsors should pay attention here. When policy becomes unpredictable, capital becomes cautious and that shows up in the terms you're offered, or whether your deal gets financed at all.   Final Takeaway: The Debt Market Has Grown Up Lisa struck a cautiously optimistic tone. Compared to the run-up to the 2008 crash, today's market is more disciplined. Underwriting remains sound, even in a difficult environment. But that doesn't mean lenders will stretch.   If you're a sponsor today, her message is clear: capital is out there—but it's selective, it's expensive, and it's scrutinizing every deal. You need to understand the market forces upstream to be able to compete downstream.   *** In this series, I cut through the noise to examine how shifting macroeconomic forces and rising geopolitical risk are reshaping real estate investing.   With insights from economists, academics, and seasoned professionals, this show helps investors respond to market uncertainty with clarity, discipline, and a focus on downside protection.    Subscribe to my free newsletter for timely updates, insights, and tools to help you navigate today's volatile real estate landscape. You'll get: Straight talk on what happens when confidence meets correction - no hype, no spin, no fluff. Real implications of macro trends for investors and sponsors with actionable guidance. Insights from real estate professionals who've been through it all before. Visit GowerCrowd.com/subscribe Email: adam@gowercrowd.com Call: 213-761-1000

Welcome to HALO Talks! In this episode, host Pete Moore sits down with Tom Morrissey, founder of Solo Health Collective and a seasoned veteran in the health insurance world, to unpack the complex—and often misunderstood—landscape of healthcare for self-employed professionals. With a career spanning decades at Cigna and deep experience serving everyone from major corporations to solo entrepreneurs, Tom shares how he's dedicated his life to helping small business owners and solopreneurs access quality, affordable health coverage. Despite his success in the large-account space, Tom noticed an unmet need: Small and mid-sized businesses were often overlooked by health insurers and weren't given access to innovative cost-saving or health improvement solutions that benefited the bigger corporations.  If you're a personal trainer, group ex instructor, wellness coach, massage therapist, or any professional running your own business, this conversation is a game changer. Tom explains the differences between HMO and PPO plans, why traditional ACA ("Affordable Care Act") options can fall short for the self-employed, and how his company's unique group plan model is designed to deliver robust coverage (including preventive care and nationwide access) with transparent pricing and minimal out-of-pocket surprises. Plus, hear about partnerships with organizations like the Freelancers Union, and learn how innovative features like HSAs can work for you—even covering perks like fitness classes. On the healthcare issues facing entrepreneurs, Morrissey states, "We saw the growth. It depends on who you listen to, but estimates are that there'll be 90M solo business, owners by 2028. I want to say there's about 60M now. The guys and gals that own these businesses . . . I think, especially when they're young and healthy, are the ones that get screwed the most in healthcare. You know? All they really have access to is ACA plans." Key themes discussed Challenges of health insurance for solopreneurs and self-employed. Differences between PPO and HMO health plans. Underwriting and rate-setting for solo business owners. Preventive care coverage and HSA/HSA usage changes. Brand trust versus new insurance providers like Solo Health Collective. Partnerships with organizations such as Freelancers Union. Long-term cost sustainability for healthier insurance collectives. A few key takeaways:  1. Solo Health Plans Are Filling a Major Gap: Morrissey explains how traditional health insurance often overlooks solopreneurs and small business owners, especially in the HALO space. His company, Healthy Business Group via Solo Health Collective, is designed specifically to provide comprehensive PPO health plans to solo business owners—offering an alternative with more flexibility and better coverage than typical limited-network ACA and HMO options. 2. Key Plan Advantages-PPO Access and Maximum Out-of-Pocket Clarity: Unlike many ACA or HMO plans that limit provider networks and access, Solo Health Collective offers nationwide PPO plans, granting members broader access to healthcare providers. They also have a straightforward approach: After the deductible is met, there's no coinsurance—meaning your deductible is the absolute maximum you'll pay out-of-pocket for covered expenses (with all preventative care covered in full and not applied to the deductible). 3. Plans Are Designed for Solo Business Owners With Medical Underwriting: To qualify, you must have an EIN (Employer Identification Number) and be a business owner without employees. Members go through a quick, five-question medical underwriting process, which allows the plan to provide tailored age, and location-based rates—often significantly less expensive than standard individual policies, especially for young, healthy professionals. 4. HSAs and Innovative Usage for Wellness Are Embraced: The plan supports health savings accounts (HSAs), and Tom shared how, thanks to evolving IRS guidelines and technology, people can now use HSA funds for things like fitness classes and certain wellness purchases, expanding the value of pre-tax health dollars and encouraging preventive care and healthy lifestyles. 5. Long-Term Value and Stability Solo Health Collective is built on a self-insured, level-funded model supported by robust reinsurance (Odyssey A+ rated.) This allows the collective to stabilize costs and potentially keep renewal increases lower than the industry average—especially as it pools healthier, proactive members like those in the wellness and fitness industries. The long-term goal is to create a sustainable, affordable health insurance solution specifically for entrepreneurs who have historically been underserved. Resources:  Thomas Morrissey: https://www.linkedin.com/in/tommorrisseyhbg  Solo Health Collective: https://hbgsolo.com   How It Works: https://hbgsolo.com/how-it-works  Freelancers Union: https://freelancersunion.org/insurance/health  Promotion Vault: http://www.promotionvault.com HigherDose: http://www.higherdose.com

In this episode of The SaaS CFO Podcast, host Ben Murray welcomes Amira Nakouri, co-founder and CEO of Klaimy, to share her inspiring entrepreneurial journey. With a strong background in strategy consulting for major European insurers, Amira reveals how her drive for innovation—and a spark from the rise of generative AI—led her to launch Klaimy in Paris. Klaimy is redefining the insurance industry by using AI to streamline the complex and time-consuming medical underwriting process. Amira explains how their technology helps insurance companies process medical records with incredible speed and accuracy, cutting decision times from days to just minutes. She also discusses the company's go-to-market strategies, working with mid-sized MGAs, and their hybrid SaaS pricing model. Tune in as Amira shares candid insights about building a startup team, navigating challenges with enterprise sales cycles, and raising pre-seed capital during uncertain times in Europe. Whether you're interested in SaaS, AI, or the future of insurtech, this episode offers valuable lessons for founders and innovators alike. Show Notes: 00:00 From Consultant to Entrepreneur in AI 05:12 Streamlining Complex Insurance Tasks 09:22 Expanding Insurance with AI-Powered Models 12:21 Startup Formation and Partnership Milestones 14:54 Small, Strategic Startup Team 17:49 "Insurance Industry Adoption Challenges" 22:46 Amsterdam Insurance Forum 2024 23:59 Targeted VC Strategy Yields Success 27:13 Explore KLAIMY.com Today Links: SaaS Fundraising Stories: https://www.thesaasnews.com/news/klaimy-raises-1-2m-in-pre-seed-round Amira Nakouri's LinkedIn: https://www.linkedin.com/in/amira-nakouri-1b729248/ Klaimy's Website: https://www.getklaimy.com/ To learn more about Ben check out the links below: Subscribe to Ben's daily metrics newsletter: https://saasmetricsschool.beehiiv.com/subscribe Subscribe to Ben's SaaS newsletter: https://mailchi.mp/df1db6bf8bca/the-saas-cfo-sign-up-landing-page SaaS Metrics courses here: https://www.thesaasacademy.com/ Join Ben's SaaS community here: https://www.thesaasacademy.com/offers/ivNjwYDx/checkout Follow Ben on LinkedIn: https://www.linkedin.com/in/benrmurray

Die Themen im heutigen Versicherungsfunk Update sind: OMGV kürt beste Podcasts der Branche Gold für das Urgestein „Makler & Vermittler Podcast“, Silber für den Medienpodcast „lachsblau“ und Bronze für den Newcomer mit Frauenfokus „Finanzipation“. Die Online-Marketing-Gesellschaft der Versicherungsbranche (OMGV) und Insurance Monday geben die Preisträger des OMGV Podcast Award 2025 bekannt – neben einer Fachjury flossen über zweitausendsechshundert Likes und zweitausendsiebenhundert Kommentare aus der Community in die Entscheidung mit ein. Die Preisverleihung findet am 14. Mai auf der insureNXT in Köln statt. Mehr dazu >>> Continentale beruft neuen Leben-Vorstand Dr. Matthias Hofer ist seit dem 1. Mai neuer Vorstand der Continentale Lebensversicherung AG und der EUROPA Lebensversicherung AG. Der promovierte Mathematiker und Aktuar (DAV) übernimmt die Verantwortung für Produktmanagement und Versicherungstechnik in der Sparte Leben. Hofer war zuvor über zwanzig Jahre in verschiedenen Positionen bei Generali Deutschland tätig. Demografischer Wandel verändert Versicherungsbranche Die globale Alterung wird zum Wendepunkt für Versicherer: Laut Capgemini-Studie steigt die Altersabhängigkeitsquote weltweit bis zum Jahr 2050 von sechzehn auf sechsundzwanzig Prozent. Die Folge: verändertes Konsumverhalten, steigender Bedarf an altersgerechten Produkten und wachsender Einsatz von Künstlicher Intelligenz im Underwriting. Achtundachtzig Prozent der Versicherer erkennen die Relevanz technologiegestützter Verfahren, doch nur siebzehn Prozent sehen sich dafür gut aufgestellt. FEMA-Makler: Diese Anbieter überzeugen bei Risikolebensversicherungen Welche Risikolebensversicherer genießen bei unabhängigen Vermittlern das größte Vertrauen? Laut aktueller Qualitätsumfrage der FEMA belegt DELA mit neunzehn Komma fünf eins Prozent den Spitzenplatz, gefolgt von Hannoversche (sechzehn Komma fünf drei Prozent) und Allianz (vierzehn Komma sechs drei Prozent). Bewertet wurden unter anderem Produktqualität, Antragsbearbeitung und Erfahrungen im Leistungsfall. ARAG-Studie zeigt Vertrauensgefälle beim Rechtsstaat in Europa Laut einer ARAG-Studie in Zusammenarbeit mit Ipsos gibt es ein klares Nord-Süd-Gefälle beim Vertrauen in den Rechtsstaat. In Norwegen vertrauen einundachtzig Prozent der Menschen ihrem Rechtssystem – in Italien nur dreiundvierzig Prozent. Deutschland liegt mit zweiundsechzig Prozent im unteren Mittelfeld. Die Studie zeigt auch: Fast jeder vierte Befragte verzichtete aus Kostengründen auf die Durchsetzung eines berechtigten Rechtsanspruchs. Rechtsschutzversicherungen können hier helfen, so ARAG-Vorstand Dr. Renko Dirksen. Acture bringt ganzheitliches Gesundheitsmanagement nach Deutschland Der niederländische Spezialist Acture führt sein bewährtes Employee Welfare Program (EWP) jetzt auch in Deutschland ein. Mit der Übernahme der psychischen Gesundheitsplattform Evermood und der DIGA-App My7steps stärkt das Unternehmen seine Position im Bereich betriebliches Gesundheitsmanagement. Ziel ist eine schnelle, digitale und wirksame Unterstützung bei physischen, psychischen und sozialen Belastungen. Hintergrund: Laut AOK-Analyse 2024 dauern über sechzig Prozent der Krankschreibungen in Deutschland länger als zwei Wochen – psychische Erkrankungen sind inzwischen zweithäufigste Ursache.

Andrea Wells from Insurance Journal reports from RIMS RISKWORLD 2025, where she speaks with Patrick Thielen, Global Head of Cyber at Liberty Mutual Insurance. They discuss the evolving … Read More » The post RIMS RISKWORLD 2025: Patrick Thielen on Cyber Risk Evolution, Policy Alignment, and Incident Response appeared first on Insurance Journal TV.

In dieser spannenden Folge ist Marcus Kessler zu Gast, der als Jurist bei Munich Re arbeitet – anders als man vielleicht vermuten könnte, jedoch gerade nicht in der Rechtsabteilung! Marcus berichtet von seinem Werdegang zwischen Mannheim und Madrid sowie den Besonderheiten eines kombinierten juristischen und betriebswirtschaftlichen Studiums. Wie hat Marcus seinen Weg zur Rückversicherung gefunden? Welche Rolle haben internationale Erfahrungen und Fremdsprachen dabei gespielt? Wie sieht die Arbeit in interdisziplinären, globalen Teams bei Munich Re aus? Welche Rechtsgebiete und Fähigkeiten kommen dabei konkret zur Anwendung, wenn etwa Verträge mit länderspezifischen Partnern weltweit abgeschlossen werden? Wie unterscheiden sich die Anforderungen einer zentralen Rechtsabteilung von den Herausforderungen im operativen Geschäft, besonders dann, wenn es keine Standardlösungen gibt? Und was sollten Referendare oder Berufseinsteiger mitbringen, um in diesem speziellen Bereich Fuß zu fassen? Antworten auf diese und viele weitere Fragen erhaltet Ihr in dieser Folge von IMR. Viel Spaß!

What if underwriters could instantly triage submissions and reduce time spent on repetitive admin, without changing how they work? Matthew Grant speaks with Matt McGrillis, Co-founder and Chief Product Officer at Send, to explore how the company's underwriting workbench is embedding AI into core workflows to help underwriters write more business, more profitably. Now on its third feature with InsTech, Send has evolved from an early-stage start-up to one of the UK's leading underwriting platforms. Matt shares how Send's latest innovations including agent workflows and AI-powered triage, are making decision-making faster all while running quietly behind the scenes. Key Talking Points How Send is digitising complex underwriting workflows to reduce friction and increase speed. How agent workflows are breaking down underwriting into manageable AI-driven tasks. Send's triage tools helping underwriters prioritise high-value business in real-time. Why GenAI is less about disruption and more about quiet, seamless transformation. How Send balances “build v buy” to offer agility without sacrificing functionality. Why clients working with Send are seeing faster quote turnaround and improved broker response. The importance of automating the “boring bits” so underwriters can focus on value. Matt's prediction on why AI agents and not flashy features will drive the next wave of adoption. If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. You can also contact Matt McGrillis on LinkedIn to start a conversation! Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning. Continuing Professional Development This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme. By the end of this podcast, you should be able to meet the following Learning Objectives: Describe how AI agents are transforming underwriting workflows by automating repetitive tasks and enabling faster decision-making. Specify the types of underwriting tasks best suited for AI agents and automation. Identify key challenges insurers face when adopting AI tools and how Send supports clients through that transformation. If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 353 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.

Paul Shannon is a real estate investor, fund manager, and co-host of the PassivePockets podcast. After spending 15 years in medical device sales, Paul transitioned into full-time real estate in 2019. He has acquired over 200 residential units through creative strategies like BRRRR and joint ventures and is an LP in 40+ deals across multifamily, industrial, debt funds, and more. Today, he runs Invest Wise Collective, an opportunistic investment fund focused on delivering diversified returns through both GP and LP positions.     Make sure to download our free guide, 7 Questions Every Passive Investor Must Ask, here. Key Takeaways Paul left a successful sales career to pursue real estate full-time after realizing he wanted more purpose, freedom, and control. He failed as a property manager early on but used that lesson to scale through partnerships and better team delegation. Invest Wise Collective takes a capital-agnostic, asset-agnostic approach to investing—balancing risk, return, and diversification. Passive investors should focus on sponsor alignment, risk tolerance, and consistent underwriting inputs over flashy return metrics. Community and mentorship are essential for new and seasoned LPs alike—there's power in learning from others' experiences.     Topics From Medical Sales to Real Estate Freedom Paul started with single-family rentals and flips, managing properties himself while still in corporate sales. In 2019, he left his W2 job with a modest portfolio, savings runway, and a desire to build something meaningful. A pivotal moment came when he outsourced property management and focused on acquisitions, unlocking rapid growth. The Rise of Invest Wise Collective In 2023, Paul and partners launched a fund to pool capital and invest across asset classes. The fund focuses on both GP and LP positions, enabling flexible capital deployment based on risk-reward profiles. Their early strategy emphasized debt positions for income and capital preservation, later pivoting to multifamily as opportunities emerged. Lessons for New Passive Investors Focus on the sponsor first, then the deal—good operators can rescue average deals; bad ones can ruin great ones. Underwriting inputs matter more than IRR projections—don't get seduced by high returns without understanding the assumptions. Diversify across operators, asset types, and loan maturities to mitigate risks like market timing or interest rate exposure. Don't let FOMO drive decisions—there will always be more deals. Be intentional, not reactive. The Power of Community: Passive Pockets Paul is co-host of Passive Pockets, formerly Left Field Investors, now owned by BiggerPockets. The platform provides deal reviews, sponsor evaluations, educational content, and LP peer collaboration. It helps investors go from 100-level beginners to 500-level LPs through shared experience and due diligence transparency.    

- bitcoin core policy change sparks debate https://github.com/bitcoin/bitcoin/pull/32359 + https://antoinep.com/posts/relay_policy_drama/- https://mempool.space/tx/902248efc147345fda0b70a2f297983d899d8d5f4fdae4d2a1363f12bfe399af- fold rings nasdaq https://x.com/DocumentingBTC/status/1918301113599549914- The Bitcoin Dev Kit Foundation announced new corporate members for 2025, including AnchorWatch, CleanSpark, and Proton Foundation - primal v2.2 on ios and android released https://primal.net/e/nevent1qqsy92jd3aks8qn8p9xtgnhpzq6kjg89lkcauv77ur68hlfqnmakjdql3n5qw- Cashu Dev Kit (CDK) v0.9.1 https://github.com/cashubtc/cdk/releases/tag/v0.9.1- LNBig shares revenue numbers https://primal.net/e/nevent1qqsfjq45qu5d8tzjhz2kqtzsw49dn8tucyva2jat8trpxnlh4muqzjsqg42hg - Bitcoin Policy Summithttps://www.btcpolicysummit.org/0:00 - Intro3:04 - Double zoomers - Bitcoin Core issue37:24 - Bitcoin policy43:25 - Is Marks a zoomer?49:44 - Dashboard52:23 - Samourai57:08 - Victory Royale against Apple1:09:55 - Llama and secure enclaves1:19:17 - Fold NASDAQ bell1:21:06 - BDK1:23:32 - Underwriting mortgages or something1:29:06 - Software updates1:36:54 - Closing riffShoutout to our sponsors:Coinkitehttps://coinkite.com/Unchainedhttps://unchained.com/rhr/Bitkeyhttps://bitkey.world/Stakworkhttps://stakwork.ai/Follow Marty Bent:Twitterhttps://twitter.com/martybentNostrhttps://primal.net/martyNewsletterhttps://tftc.io/martys-bent/Podcasthttps://tftc.io/podcasts/Follow Odell:Nostrhttps://primal.net/odellNewsletterhttps://discreetlog.com/Podcasthttps://citadeldispatch.com/

If you're new to real estate investing, understanding underwriting and being a good communicator can be the key to opening the door for great deals. On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes Wendell Butler, president and founder of Hammerhead Capital. Wendell is an experienced real estate investor, former military officer, and entrepreneur with a background in loan origination. Wendell's real estate portfolio consists of properties in Massachusetts, North Carolina, and South Carolina, and now he's helping other real estate investors expand their portfolios. Jonathan and Wendell begin their conversation with Wendell's decision to pursue real estate as a post-military career. He shares the benefits of leveraging VA loans, his first investment property, and what sets Wendell apart from other investors when it comes to borrowing money. You'll hear the two things you need before asking friends or family for deal money, how he continued a growth trajectory in Charlotte, North Carolina, after leaving New England, and the importance of solving a seller's problem rather than focusing on price. Finally, Jonathan and Wendell discuss how to stand out to sellers with honesty, how Wendell is coaching others to do the same, and the biggest mistakes new wholesalers often make. Wendell Butler has built his reputation on honesty and effective communication, and he continues to grow his business by leveraging these fundamental principles. In this episode, you will hear: How Wendell Butler chose real estate as his next step following his military career The benefits of leveraging VA loans and Wendell's first property investment with a house hack The moment Wendell decided he was going to pursue real estate investing full-time What sets him apart from other investors when it comes to borrowing money Two things you need before you ask friends and family for deal money, and why they're the easiest place to find money Continuing a trajectory of growth with fix-and-flips in Charlotte versus the multifamily market in New England The importance of solving a seller's problem versus money or price Standing out to sellers with honesty How Wendell coaches new investors to do what he's doing The biggest mistakes new wholesalers make Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. Supporting Resources: Hammerhead Capital - www.hhcapitalrealty.com Hammerhead Capital on Facebook - www.facebook.com/HammerheadCapitalinc Wendell Butler's Instagram - www.instagram.com/wendellpbutleriv Connect with Wendell on LinkedIn - www.linkedin.com/in/wendellpbutleriv The Real Estate Take podcast - podcasts.apple.com/us/podcast/the-real-estate-take/id1784328740 Hammerhead Capital on Instagram - www.instagram.com/hammerheadcapitalinc Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.

In this episode we'll go high level on underwriting. If you want to take a deeper dive into underwriting due diligence and deal analysis, make sure you get on our email list by following the link below.Want to invest with us? Get on our email list here: https://forms.gle/qF8LvKAyXMCUjiHT6Want to join my future deal review webinars? Get on our invitation list here: https://forms.gle/qF8LvKAyXMCUjiHT6Connect with me on LinkedIn: https://www.linkedin.com/in/the-presidents-club-investor/Sponsored by Presidents Club Investors (https://www.presidentsclubinvestors.com/) 

Send us a textAre you making critical mistakes in your real estate underwriting? Discover the 7 red flags that can make or break your deal, from overinflated rents to the wrong assumptions on cash flow, with expert Jason Williams.In this episode of The Real Estate Vibe Show, host Vinki Loomba sits down with Jason Williams, founder of the Ironclad Underwriting Mastery Program and managing partner at Lauren Capital LLC. Jason shares his wealth of knowledge on the importance of underwriting in real estate investing and how overlooking key factors can lead to costly mistakes.Key Takeaways:Red Flag #1: Blindly Trusting the Numbers Red Flag #2: Trust, But Verify Red Flag #3: Using Temporary Trends for Long-Term Projections Red Flag #4: Arbitrarily Following a Guru Red Flag #5: Focusing Only on Annual Cash Flow Red Flag #6: Ignoring the Risks of RefinancingRed Flag #7: Failure to Stress-Test Your Deal 

Send us a textTune in to listen to the full podcast!Follow us @https://twitter.com/loombainvesthttps://www.instagram.com/loombainvesthttps://www.facebook.com/Loombainvesthttps://www.linkedin.com/in/vinkiloomba#realestate #realstateinvesting #multifamilyinvesting #passiveinvesting

The governments not ruling out underwriting the expansion of small regional airlines to help maintain routes and keep the price of flying competitive. Minister for the South Island and Associate Transport Minister in charge of Aviation, James Meager told Lisa Owen he's uncomfortable with the idea flying could just be for the wealthy.

Millie Pendola transformed her life and career through real estate investing, with valuable lessons on relationships, underwriting, and resilience.(00:03) - Welcome to The REI Agent Podcast(00:15) - Mattias and Erica's Introduction: Anniversary Trip to Cancun(02:20) - Capital One Lounge Experience(03:45) - First-Class Flight Surprise(06:15) - Arrival in Cancun: Food and Resort Experience(08:30) - Michelin Star Restaurant Experience(11:05) - Reflections on the Resort Stay(13:30) - Missing the Kids During the Trip(15:00) - Leveraging Credit Card Points for Travel(17:30) - Millie Pendola's Introduction(19:15) - Devastating Floods in Northeast Tennessee(21:00) - Community's Response to the Crisis(22:45) - Reflection on Gratitude and Purpose During Hard Times(25:10) - Millie's Background and Early Career Pivot(28:30) - Millie's Journey into Real Estate(31:00) - The Importance of Understanding Estate Planning in Real Estate(33:30) - Millie's Investment Strategy and Airbnb Rentals(35:45) - Investing in Colorado: Challenges and Opportunities(38:00) - The Importance of Underwriting and Analyzing Deals(41:00) - Advice for New Agents on Starting in Real Estate Investing(43:00) - Building Relationships and Business as a New Agent(45:00) - The Importance of Training and Mentorship for New Agents(47:15) - Managing Emotional Challenges and Developing a Support SystemContact Millie Pendola milliependola.com Facebook Instagram--Stay in touch with The REI Agent at ⁠https://reiagent.com⁠#TheREIAgent

Join me as I sit down with Joe Flanigan - Co-Founder at Maple Finance and Syrup Pool. The discussion covers Maple Finance's innovative approach using institutional debt issuance and enhance transparency in financial markets. Joe explains the process of originating and tokenizing debt onchain, providing insights into the borrowers and the underwriting process. We talk about traditional backgrounds of the team members and their is dedication to building the digital asset lending markets of the future. More efficient and secure. Follow Joe Flanigan:

HFO's Greg Frick and Charlie Kokernak of Gantry, Inc. discuss the Q1 2025 Oregon and SW Washington multifamily market lending landscape. Despite political uncertainties, the market is finding stability. There's a significant pent-up demand for equity, driven by reasons like default and depreciation. Underwriting standards remain consistent, and rates have dropped, but uncertainty remains. Insurance costs are a growing concern, particularly for older properties. Lenders are competitive, offering tight spreads and flexible terms. Deal flow is expected to increase, and pricing stability is anticipated.

Here's a sentence I never thought I'd say: you can buy a house with your Bitcoin — without ever selling it.That's the financial revolution Josip Rupena is building. He's the founder and CEO of Milo, the fintech startup that's already issued over $60 million in crypto mortgages — loans backed by your Bitcoin, not your bank account. And here's the kicker: they've never issued a single margin call.In this episode, we break down how it works, what happens behind the scenes, and why this could be one of the most powerful wealth-generating tools in the Bitcoin ecosystem. We also talk about tokenizing mortgages, using AI to streamline lending, and the potential for a future where your Bitcoin unlocks real-world utility — like homes, yield, and financial freedom.This is a rare mix of macro insight, startup strategy, and a deep dive into how crypto is transforming the mortgage game.This episode contains strong language.

Dr. Jason Williams is the founder and CEO of Ironclad Underwriting, where he helps investors simplify and strengthen multifamily deal analysis. With a background as a PhD-level chemical engineer, Jason brings a systems-based approach to underwriting, having transitioned from single-family rentals to large-scale multifamily syndications. He now teaches investors how to build smarter models, avoid costly assumptions, and raise their underwriting IQ.     Make sure to download our free guide, 7 Questions Every Passive Investor Should Ask, here. Key Takeaways Jason transitioned from engineering to real estate, bringing over 15 years of data analysis experience into underwriting. Many investors make critical underwriting mistakes by misunderstanding Excel models or relying too heavily on templates without verification. His Ironclad Underwriting model is built for flexibility and clarity, especially helpful when dealing with creative financing. He emphasizes third-party validation for all assumptions—especially from stakeholders who will be executing the plan. Property management can make or break a deal. Vet thoroughly and don't underestimate their impact.     Topics From PhD to Real Estate Pro Jason started investing in 2003 while in grad school and held rentals throughout his career. In 2017, he discovered syndications through Joe Fairless and began scaling into larger multifamily deals. After being laid off, he used the opportunity to go full-time into real estate. Underwriting with Precision Took his R&D background to build underwriting models that minimize user error and reduce complexity. Developed Ironclad Underwriting to “dumb down” deal data without compromising accuracy. Emphasizes that many common models can be broken easily—triple dipping rent bumps, broken formulas, or overwritten cells. Common Mistakes Investors Make Trusting broker/owner numbers without verification. Over-projecting rent growth based on temporary trends. Blindly following a coach or a guru's assumptions without understanding the logic. Using inherited underwriting models that have dead or disconnected cells. How to Use an Underwriting Model the Right Way Breaks rent data into: current, property management estimate, and pro forma rent. Encourages using third-party consultants for accurate insurance, taxes, and property management costs. Property managers must be part of the business plan validation process. Navigating the Market Cycle Expects a wave of opportunities as more owners face distress or pre-foreclosure. Believes creative financing will play a larger role—models must be able to handle these deal structures. Warns that relying on outdated assumptions or models not built for flexibility can lead to catastrophic results.    

In this Multifamily Minute episode, listeners learn essential underwriting steps, value-add strategies, and exit planning—then practice underwriting 2–3 deals to evaluate pricing and performance before diving into submitting offers.

In this episode of The Consumer Finance Podcast, Chris Willis is joined by colleagues Megan Burns, Jason Manning, and Punit Marwaha to explore the arcane world of reverse mortgages. They provide valuable insights about how these unique financial products work, the regulatory landscape, and the litigation hurdles faced by reverse mortgage servicers. Listen to this episode to hear real-life examples highlighting the complexities reverse mortgage servicers may face when dealing with reverse mortgages, including loan origination requirements, the involvement of the U.S. Department of Housing and Urban Development, Federal Housing Administration guidelines, alleged third-party fraud, and the sensitivity around elderly borrowers.

In this episode, Gino Barbaro breaks down the shifting landscape of multifamily and commercial real estate financing in today's uncertain market. With rising interest rates, cautious lenders, and limited partner hesitancy, the 2025 market is looking a lot like 2011. But don't worry — Gino's here to help you navigate the murky waters and find the capital you need to close your next deal.From community banks vs. credit unions, to creative seller financing, to understanding balloon payments and loan terms, Gino shares not just tactical advice — but real deals he's doing right now.Want a copy of Wheelbarrow Profits or seller financing resources?Email Gino: gino@jakeandgino.com We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)

Connect with Joseph:https://crescitcap.com/https://www.linkedin.com/in/joseph-iacono-38976218/Click to text the show! Email Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.

Send us a textWhat is going on with the economy? Are we up? Down? What happens next? There are lots of questions in the minds of investors these days. Join Pat to see why Mara Poling isn't worried and the role underwriting plays in the security and stability of multifamily real estate investing.

Episode 4405: Elites Are Underwriting The Failure Of The Future

In this episode of the Consumer Finance Podcast, Chris Willis, co-leader of Troutman Pepper Locke's Consumer Financial Services Regulatory practice, delves into the current state of machine learning and artificial intelligence (AI) models in underwriting and fraud detection. Chris provides an overview of the regulatory expectations set by the Consumer Financial Protection Bureau, including the historical context and recent developments. He discusses the importance of fair lending considerations, the use of less discriminatory alternative analysis, and the skepticism around certain types of alternative data. Chris also explores the potential impact of state regulations and the need for a long-term approach to fair lending risk. Tune in to stay informed about the evolving landscape of AI and machine learning in consumer finance.

In this episode of Life Accelerated, host Olivier LaFontaine sits down with Andrew Kramer, VP and Head of Underwriting Risk & Innovation of M Financial Group, to discuss how innovation is reshaping underwriting and risk management in life insurance. Andrew breaks down the innovative steps M Financial Group is taking to streamline underwriting processes, from embracing electronic health records to championing industry-wide data standardization. He shares how the company is tackling the challenges of high-net-worth insurance, balancing risk-sharing with the need for personalized service. This conversation provides insights into how digital transformation is reshaping customer experiences and creating efficiencies in one of the most complex areas of insurance.   Key Takeaways: Rushing into digital transformation without standardization creates inefficiencies. Digital innovation isn't just about speed—it's about enhancing decision-making. Embracing digital standards can transform the underwriting process.   Jump Into the Conversation: (00:00) Why underwriting must lean into digital transformation (02:00) What a quiet Tokyo subway teaches us about global business norms (05:10) From reinsurance to M Financial Group (10:00) Risk-sharing, distribution, and strategic partnerships (15:15) How ACORD is solving inefficiencies in the value chain (20:30) Unlocking new speed and accuracy in underwriting (26:50) AI and the future of underwriting (32:40) How data can sharpen distribution strategy   Resources: Connect with Andrew Kramer: https://www.linkedin.com/in/andrew-kramer-529b4b10/ Check out M Financial Group Group: https://www.mfin.com/ Connect with Olivier: https://www.linkedin.com/in/olivierlafontaine/https://www.equisoft.com/podcasts

In this episode of The AZREIA Show, host Mike Del Prete welcomes special guest Dez Loessberg from One Stop Lending. Dez, a seasoned real estate investor and Member Spotlight awardee, shares his journey from owning one rental property in 2019 to achieving significant real estate success by leveraging unconventional capital strategies. Dez discusses the importance of creating a compelling 'bank book' or credibility package to secure private funding and build credibility. The conversation covers key insights on building a successful real estate investing career, creative financing strategies, and the importance of having a purpose-driven approach to business. Tune in to learn valuable tips and actionable advice that can transform your investing journey! Key Takeaways: 00:25 Member Spotlight: Dez Loessberg 00:51 Dez's Real Estate Journey 03:36 Finding Your Lane in Real Estate 06:53 Unconventional Capital Strategies 11:36 Creating Your Credibility Package 16:51 Ground-Up Construction and Future Goals 18:22 Proof of Concept and Initial Success 18:47 Creating a Compelling Story for Investors 20:03 Importance of Personal Touch in Lending 20:52 Examples of Successful Credibility Packages 23:04 Creative Financing Strategies 25:26 The Four C's of Underwriting 30:37 Fundraising Tips and Final Thoughts     ------     The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in #realestate  Join AZREIA here: https://azreia.org/join Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at

On this episode of the Scouting For Growth podcast, Sabine VdL talks to Alex Schmelkin, a visionary entrepreneur who's reshaping the future of insurance operations. Alex is the Founder and CEO of Sixfold, a company at the forefront of harnessing Generative AI to empower insurance underwriters with groundbreaking tools and capabilities. Today, we'll explore how Sixfold is leveraging Generative AI to transform underwriting practices, the challenges and opportunities in implementing AI at scale, and Alex's vision for the future of insurance operations. KEY TAKEAWAYS There’s close to $7 trillion of premium written around the globe every year. That equals 7% of global GDP, it’s an enormous amount of premium that’s needed for the world to function and for people and businesses to take risks. The most underserved population are the underwriters, the people making decisions day in day out on that $7 trillion worth of business trying to figure out the good and bad risks and why. There’s so little support for these unsung heroes. The typical underwriter is reading the equivalent of a novel every 2-3 days in documentation. These are not interesting fiction novels, they’re information-dense losses, statements of values of property and exposures. We’ve expected them to consume more and more but it’s information overload. Enter language models and AI, in the first time in human history we have the ability to take in a nearly limitless volume of data and help the underwriter to see through that to find the patterns without having to read every single word on every single page and free them to do the extra research at the end to find the best result for the end customer. Regulators understand that AI is here and have already embraced it. They’re not as ahead of it as we would like them to be, as an industry, and they’re not getting everything right. But by putting a few fence posts around the problem we’re trying to solve they’ve forced the conversation and the industry to respond to it and to start rolling out the way we are with some of these AI transparency partner models. The single challenge we run into everywhere is underwriter trust. The underwriters, despite being overworked, there not being enough of them, and despite it being a challenging job, are really good at what they do. The reason is they’ve been trained over the years to do everything they can to get the right answer. They’re the front line protecting insurance companies from bringing on bad risks. The hardest thing is to convince them is that AI is accurate. If they have a bad experience with AI first time they may not go back ever. BEST MOMENTS ‘I found insurance – or it found me – almost 20 years ago and I’ve never looked back, and it’s all underwriting all the time.’‘The biggest use of GenAI today is helping underwriters to find more accuracy, be more effective, and more transparent in their underwriting efforts.’‘We attempt to arm the human with a bevy of different things for the that are the less value-producing part of their jobs.’‘The human is so much more effective when they’re working beside a robot that helps them be more accurate and more efficient at their job.’ ABOUT THE GUEST Alex Schmelkin is the Founder and CEO of Sixfold and is at the forefront of revolutionizing how insurance underwriters operate through Generative AI—a game-changing approach that not only enhances decision-making but also streamlines processes for a more efficient future. His knack for identifying industry pain points and transforming them into innovative solutions has been the backbone of his success. With a deep-rooted belief in the power of technology to drive growth, Alex has consistently pushed the envelope, challenging norms and inspiring those around him. Beyond his entrepreneurial endeavors, Alex is a dynamic speaker who captivates audiences with insights on SaaS, customer experience, and technology ethics. His passion for responsible innovation shines through in every conversation, as he advocates for solutions that not only meet business needs but also uphold ethical standards. LinkedIn ABOUT THE HOST Sabine is a corporate strategist turned entrepreneur. She is the CEO and Managing Partner of Alchemy Crew a venture lab that accelerates the curation, validation, & commercialization of new tech business models. Sabine is renowned within the insurance sector for building some of the most renowned tech startup accelerators around the world working with over 30 corporate insurers, accelerated over 100 startup ventures. Sabine is the co-editor of the bestseller The INSURTECH Book, a top 50 Women in Tech, a FinTech and InsurTech Influencer, an investor & multi-award winner. Twitter LinkedIn Instagram Facebook TikTok Email Website

AI-Enhanced Decisioning in Commercial Lines Underwriting The CEO of Indico Data shares strategies for leveraging agentic AI and other technologies to streamline underwriting workflows, reduce decision risk, and drive premium growth in 2025 and beyond.

Keith shares some historical perspective on inflation highlighting the cost of a Taco Bell meal in 1999 to its cost today. He also touches on the concept of service inflation, where services like mail delivery and self-checkout at grocery stores have become less convenient but not cheaper. Keith reviews the historical performance of real estate during the last eight recessions, noting that housing prices usually rise during recessions. He explains the concept of the Inflation Triple Crown: asset price inflation, debt debasement, and cash flow enhancement. Housing prices usually rise during recessions, as demonstrated by historical data. Resources: To learn more about the Inflation Triple Crown go to: getricheducation.com/itc. Show Notes: GetRichEducation.com/547 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching:GREmarketplace.com/Coach Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold, is higher inflation or even hyper inflation now in our future, and is an imminent recession, or even worse, a depression lurking. What's it all mean for your investments and your real estate? We'll investigate exactly what happens to real estate during recessions, historically today, on get rich education,   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold rights for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests and key top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com   Corey Coates  1:19   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:35   Welcome to GRE from Hartsdale, New York to Springdale, Utah and across 488 nations worldwide. I'm Keith Weinhold. I think you know that by now, you are inside one of America's longest running and most listened to real estate investing shows. This is get rich education. Most people have two plans. Plan a get rich. If that doesn't work out, the alternative is Plan B, which is hate rich people.   We are firmly rooted in plan a for you here. So yes, we're about building your wealth, but ultimately we are a lifestyle improvement show. I'm going to get to high inflation and the potential for a recession or depression in just a minute. But I recently got a reminder on the fragility of life and its finite nature. My oldest friend recently died. He was almost like a mentor to me, a friend of mine's grandmother recently died, shattering her world, and it's a reminder that you won't be remembered for the money that you make. You won't even be remembered the real estate portfolio that you build. I mean, that surely won't last. The tennis that you serve, they'll die as well. I will be forgotten. This show will be forgotten. The people that love you, their opinions will die with them. Your Haters, their opinions will die with them. You can confirm that this is true right now by naming your eight great grandparents for me, there. Go ahead. You can't do it. I can't either. So what can you do, at least in this finite life that you have on earth? What you can do is enjoy your existence. The good news is, because you can control this, you can control enjoying your life and existence as get rich education is ultimately a lifestyle improvement show, and we are squarely helping you do that right here. And one way that I've done that over the years is by pointing out how inflation is actually advantageous to real estate investors. Well, it impoverishes most people. You're initiated on that by now. That's something that you really found out tangibly back during the pandemic. Now today, though, wow, people are frightened. I've got some contemporaneous material to share with you today, but I'll give you some lessons so that even if you're listening to this 10 years from now, you're going to learn some lessons. Americans inflation expectations for the next five years. They just hit the highest level since 1993 Yeah, expecting a lot of inflation, tariff pressures are a huge concern now. Last week, inside our newsletter, I sent you something that gave you some perspective on inflation. I sent you a photo of a Taco Bell receipt from 1999that might have left your mouth agape if you didn't see it. I'll tell you about it here and expand on this. And yes, it could leave you aghast, stupefied, gobsmacked, or even flabbergasted. In a sense, 1999 was not that long ago. It's sure not like ancient history. I mean, I was alive then, yes, I am here, and I'm from the 1900s. Well, this 1999 Taco Bell receipt that someone found perfectly preserved in the pages of a book. It shows a complete meal that was purchased for $3.50 it was actually just $3.26 and then the rest was tax added in. That's 350 for a chili cheese burrito, a taco nachos and a 16 ounce Pepsi. That's not the price for each item. That is the combined total from 1999 All right, how much do you think those same items would cost today? I don't eat there. I went to the Taco Bell website and found out. I mean, what an inflation measuring stick. This is what cost, 350 A Taco Bell in 1999 costs $11.44 today I use the same sales tax rate to come up with that. So today it's 1144 and today they also ask you a question a Taco Bell, if you want to round up for the kids or something like that, and then just watch, pretty soon, they're gonna request a tip too. That's a 327% price increase, and few people's wages have risen that much since 1999See, I told you that you would be left slack job and flabbergasted. All right, so let's look at where we are today. Now it's not an apples to apples comparison, but you know, Taco Bell is a fast food restaurant. Let's look at the price of a consumer item at a sports stadium today. All right, because both are places that everyday Americans frequent college basketball's March Madness tournaments have been taking place the last few weeks. Well, for the first time ever, the SEC is selling beer at its tournament. The price for one large premium draft beer is $17.50 so before tax or tip, 1750 for one beer all in that might be $20 or more, and I doubt that the beer is really that premium. I mean, you know what kind of beer you get at stadiums. So we look at inflation, one beer today is at least five times the cost of a complete Taco Bell meal in 1999   that's price inflation, and that's the stuff that's highly perceptible. Okay, you've been seeing that effect all of your life. It's making most people poorer. It's making real estate investors wealthier. And then there's the inflation that few people consider the less perceptible stuff, service inflation. And what are some examples of service inflation growing up the postal service delivered mail right to my parents porch, and they still do deliver mail right to my parents porch. Their neighborhood was built more than 100 years ago, but look, when new neighborhoods are built today, like places I've lived and perhaps where you live now, the postal service doesn't deliver your mail right to the individual mailbox on your porch. Today, you've got to walk both ways to your neighborhood's mailbox cluster. Some people even have to drive to get their mail. So your mail is no longer being delivered. Really, you have to go pick it up. Well, they don't lower the price for that reduced service level. That's service inflation. A second example is more obvious, grocery self checkout. You're taking the time and doing the work of scanning your groceries, but yet, they sure aren't lowering the prices of your lettuce and your beef jerky. And look service, inflation is here to stay. That is because companies make investments in it. The Postal Service bought those mailbox clusters, the supermarket bought those self checkout kiosks.    All right, so with this ramp and price inflation and service inflation, along with it, and the other forms of inflation that I've talked about on the show before, like stagflation, tip inflation and Shrink flation and skimpflation. What is an individual investor like you supposed to do? Well, stock and mutual fund investors get killed by inflation. I mean, think about it this way, just killed if the Sp5, 100 gains 10% but there's 5% inflation. That's a 50% hidden tax on your gain, plus you might pay capital gains tax. On top of that, savers really get obliterated. I mean, just destroyed if your bond yield or your savings account pays 4% interest, and there's 5% inflation. That is a 125% hidden tax on your gain, and then you might pay regular tax on top of that. So stocks and mutual funds and savings accounts are not the answer. What is the answer? Real Estate and borrowing the opposite of saving. And let me address now, whenever people get fearful that another wave of inflation is coming, whether that's tariff induced or otherwise, let's not get carried away and think that Hyperinflation is right around the corner, although definitions of hyperinflation vary, the most accepted one by economists is a 50% inflation rate per month, not annually, per month. So that would be over 600% a year, with compounding. I mean, that would be really hard to get, but what we do know is that inflation is still elevated above the Fed's 2% target. It's 2.8% today. And what we do know is that more inflation is coming at what rate nobody knows. These facts almost necessitate that you have either got to start your own business, which is tough, or become a real estate investor which is easier, in order to escape this and acquire some lasting wealth. Any devoted listener here knows that the formula for beating it is luckily, not highly sophisticated, not esoteric, not anything that you need a degree or certification for, just own income properties with loans, and that's when inflation produces three profit centers. As we know that is something that I coined as the inflation triple crown. So if you're new, you're learning something. If you've been around here for a while, here's a little comprehension test for you. What are the three crowns in the inflation Triple Crown, you win with asset price inflation, debt debasement and cash flow enhancement. Asset price inflation benefits you because you have leverage gains debt debasement passively lightens our debt burden for us, and then cash flow enhancement, that boosts our cash flow above the inflation rate, because our principal and interest payment stays fixed. And you can learn more about that totally free. You don't even have to leave your email address or anything. You can watch the three videos of the inflation Triple Crown at get rich education.com/itc. For inflation, Triple Crown, it's just good free learning for you there I've made available at get rich education.com/itc, it is a foundational financial education. Is a recession or even a depression eminent, that's straight ahead. I'm Keith Weinhold. You're listening to get rich education.   You know what's crazy? Your bank is getting rich off of you, the average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text family to 66866, to learn about freedom. Family investments. Liquidity fund again. Text family, to 66866   hey, you can get your mortgage loans at the same place where I get mine at Ridge lending group NMLS, 42056, they provided our listeners with more loans than any provider in the entire nation because they specialize in income properties, they help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Chaley Ridge personally. Start Now while it's on your mind at Ridge lendinggroup.com that's Ridge lendinggroup.com   you   Dani-Lynn Robison  15:45   This is freedom. Family investments. Co founder, Danny Lynn Robinson, listen to get rich education with Keith Weinhold, and don't quit your Daydream.   Keith Weinhold  16:00   Welcome back to get rich Education. I'm your host. Keith Wynne Holland, you are inside episode 547. I'll tell you, being a landlord or real estate investor can really change you now. I was using the stair climber at the gym just before talking to you today, I like to set up a big fan down on the floor to keep me cool before running or climbing. Plug it in, set up a fan. When I'm done, I turn off the fan. It's just a habit. I don't pay the electricity bill at my gym, but it's just the way that I would want to be treated. But you know what? When I find a fan that's already set up before I grab it and start on the treadmill. That fan is always running when no one is using it. No one turns off their fans when they don't have to pay for the electricity. And this reminds me of when I owned apartment buildings in Anchorage, Alaska, and tenants kept their windows open, even during the frigid winter, so that they could get fresh air. Yeah, you can guess who was paying the heating bill. It wasn't the tenant. It was me. The larger the apartment building is, the more likely that the owner is the one that pays for more of the utilities. And of course, in that case, you can look into utility sub metering. That process can be costly, but it might be worth it. It can increase your cash flow and your net operating income, which, when it increases your net operating income, that means that it also increases the apartment buildings value. And you know, in real estate today, you've got to look for where the opportunities are. There are opportunities in every market today. For places where there are specifically good opportunities are apartment buildings where their values have fallen 20 to 30% in some markets, it's wise to invest in beaten down sectors that you just know are going to come back like you know, the demand for apartment buildings is going to be there long term. This doesn't mean that you want to invest in any beaten down sector, like Office real estate in general. I don't see how that's coming back. A second strong real estate opportunity today is to find over built pockets, especially ones that exist in Texas and Florida. I mean, this is why they call them buyers markets. A Texas or Florida seller might make you a deal, and that doesn't mean everywhere in these states. For example, Southwest Florida is one area that's specifically over built, even amidst the national landscape that's under built. A third and a fourth area of specific real estate opportunity today are two that I have mentioned before, but they persist. That is still brand new, properties where many builders are still motivated to buy down your mortgage rate to about 5% even 4.75% in some cases, and new builds have low insurance premiums too. And then a fourth opportunity. That's something that we've covered a good bit here these past few weeks. BRRRR, real estate investing, buy, rehab, rent, refinance and repeat. That's a specifically good strategy if you don't have, say, hundreds of 1000s of dollars in liquidity to invest. Now you might ask, do those four strategies have validity? Do they have cogency in today's market, where there are these fears of an economic slowdown. Oh, yes, they do, or I would not have gone over them, but these palpable recession Fears are growing, and some are even asking, is a new Great Depression eminent? There is tons of bad economic news right now, not just in the US, but the global economy is on the edge, starting earlier this month, stock market tremors have turned into full blown convulsions. Trillions of dollars in wealth have just vaporized, wiped out. Investors are rattled, consumers are anxious. Business owners are confused, and those in power in the administration, they insist that tariffs and policy swings are all just part of a transition period, but a transition to what some have even asked, Is the everything bubble finally about to pop. Is this the brink of a recession or something even deeper, a D pressure? Well, one thing is undeniable, from stocks to crypto asset prices recently made a free fall, and I've got some long term lessons for you today, even if you're listening to this years from now, including what a phenomenon like this historically means for the real estate market, it's about what really happens to property values during an economic recession. Stocks recently had their worst week since 2023 barreling toward an all out bear market crash. A bear market means when 20% of the value has been lost from a recent high. Even Bitcoin, the poster child of speculative excess, has cratered. The carnage has been everywhere. But yet, instead of taking steps to prevent an economic meltdown, the administration in power, whether you like them or not, they have introduced more and more radical policies that could accelerate the crisis. Now, some of the tariffs could help long term, but the short term pain is perceptible, and you've got to be able to survive it. We've got new tariffs on multiple countries, and these are our biggest trading partners, even if these import taxes diminish, this is already strained friendships long term, especially with Canada. These countries keep retaliating with tariffs of their own, Canada, Mexico, China and the EU government spending is being slashed. Mass layoffs of federal employees have been underway for a while now. This is not just an economic experiment. I mean, this is a high stakes gamble with global consequences. So is this a detox period, or is it an economic freefall? Treasury Secretary Scott tebescent described this economic shift as a necessary detox period. That's the phrase that he used, and yes, I need to acknowledge there is no more grandma Yellen running the Treasury for long time, listeners, that is a reference to the long running joke about how my late grandmother resembled former Fed chief and former Treasury Secretary, Janet Yellen, but anyway, according to Besant, the US must break free from what he calls its addiction to government spending in return to private sector growth. Now, hey to me, that sounds good. Actually, that sounds like a good plan for the long term. But here's the problem, that addiction has been the lifeblood of the US economy for decades. And you know, this is something that regular GRE guest macroeconomist Richard Duncan has talked about when he's here. Remember what he's told us for over a decade here on the show, if the US doesn't have 2% real credit growth, credit expansion, well then we go into a recession. Well, what happens when the government cuts spending during soaring consumer prices due to trade wars? What happens when businesses hesitate to invest in the face of extreme uncertainty? Well, the bad news is that tariff whiplash and massive layoffs mean that businesses can't plan, and when businesses can't plan, they freeze. Look, just the other day, I talked to the President of a manufacturing company they make stainless steel tube valves and fittings. Due to all the tariff uncertainty, he's had to set up a reserve account based on what happens next, all right. Well, with that reserve account, that means that that's not money that's going into equipment reinvestment, that's not money that's going into making new hires. What happens when more confidence shatters and markets spiral lower? We may be about to find out. So has the recession, which is a precursor to any depression, already begun? Well, the warning signs are multiplying. Most ominously at last check, the respected Atlanta Fed tracker is now forecasting a more than 2% contraction in US GDP this quarter. That is quite a drawdown and two negative GDP quarters in a row. I mean, that is the definition of what a technical recession is. And here's a quick history piece for you in 1930 to try to quell the effects of the Great Depression, tariffs were passed. Alright. Do you know how badly that turned out back then in 1930 it was called the Smoot Holly Tariff Act. It raised tariffs to try to collect more revenue for the government. It didn't work, and the US sunk deeper into the Great Depression, with rampant unemployment and poverty and social unrest. There was a rise in crime, there were bank failures, even hunger and malnutrition. That's what a depression looks like, right there. Well, back to today. Right now, consumer confidence is collapsing. Retail Sales are plunging. The bond market is signaling distress, and yet those in power appear kind of oblivious to the magnitude of the risk. So what if it's not a transition and it is a start of something far worse? And see, this is just part of what's made investors raise their bets on a recession. Stocks are down like a global trade war has begun. Crypto has fallen like risk appetite has collapsed. Bond prices are rising like inflation is declining, and experts have priced in a 52% chance of a recession in the next 12 months. Okay, 52 that's like flipping a coin and just hoping that it lands on good news. Now in the real estate world, when we talk about direct threats from tariffs, as I've touched on before, the biggest direct threats are tariffs on lumber and on gypsum board. The lumber is used in house framing and trusses. Gypsum board, that just means drywall, the base case for tariffs on Canadian lumber alone, that adds about $10,000 to the cost of a new build typical single family home, which in turn jacks up all existing housing prices and their replacement cost. But let's look beyond that now at market factors. How is real estate adversely affected if the economy slows? Though historically. Let's look at how recessions really affect housing prices, and this is, again, as I like to say, where we take history over hunches. It's easy to have a hunch about what you think is going to happen, but let's look at what has really happened. How do real estate prices perform during recessions. When we look at the last eight recessions, okay? And the most current of those was in 2020, and then when we go back eight recessions ago, that is the 1960s Okay. Well, let me move along in chronological order here, during those eight recessions, starting in the 1960s leading up to today, housing prices, and this includes single family homes up to multifamily apartment buildings, they were just rounding to the nearest whole number here, up 5% there in The late 60s, in that recession, and then up 18% up 14% in the next recession, and then no change, down 1% and then up 6% and then down 13% that was during the 18 month recession, around 2008 and then finally, home prices were up 8% in the latest recession, alright. So in our total of eight recessions since the 1960s home prices only fell significantly one time, and they usually rise that one timethey fell. Let's explore that. That was during the 2008 global financial crisis, which involved more than just the recession. It was a deep recession, that's why it's called the Great Recession, but it also involved more than that. 2008 was special because that was a time of housing oversupply and low homeowner equity positions and a complete mortgage meltdown backed by flimsy liar loans. Well today we are in the opposite of all three of those conditions. We have a housing under supply. Americans have a record 300k plus in protective equity that they are not going to walk away from. And more.   Underwriting is stringent, the opposite of a liar loan. So housing prices usually rise in recessions, and if we're teetering on the brink of a recession, there are a lot of reasons to think that housing prices will go up yet again. And by the way, I felt what was happening back in 2008 I invested through it. I think I let you know before that, that's when I owned two four Plex buildings, 2008 but it didn't feel that bad to me, because my properties were temporarily suppressed in value, and that part didn't feel good, but my rents and rental demand went up because no banks would give loans to borrowers to buy properties, so I wouldn't want to sell when the buildings were paying me a higher than ever monthly income. But let's not lose the greater point what I'm telling you here that housing only fell significantly one time through the last eight recessions. That demonstrates the resilience of the housing market. And by the way, those stats were sourced by the NAR and the NB er National Bureau of Economic Research. All right, so why is this? Why is housing resilient in the face of a recession? There are a few reasons, but a main one is see, even if and when times get tough, people still need a place to live, and they will pay for it, especially now, when they have record equity, people are motivated to make mortgage payments and make rent payments, or else they are going to be homeless. So tough times when consumers they get less likely to pay for their car loan are less likely to pay for student loans, and when they default on credit card payments, that's when this stuff happens, but people will fight like heck to avoid losing their home. I mean, people will pay for food, shelter and safety. And also, when it comes to recessions, let's not forget how many bad just God, awful, wrong recession calls there were from over the past two to three years. I mean, the so called experts were wrong, wrong, wrong. Today, the economy is actually starting from a good place. And what do I mean here today, consumers still have money to spend, and they probably will. This is huge, because consumer spending is 70% of the economy, but how will they respond when these higher tariff induced prices hit more shelves at Walmart and Target? We'll see unemployment is still so low that it's practically down there doing squats. But you know these numbers, they're always backward looking, so it does only aim to get worse. The labor market is firm. Interest rates have been pretty steady. They've fallen a little. Energy prices are still down. So really, the bottom line with what I've shown you so far is that federal policies have induced economic trauma, and it does increase the chance of recession over the next 12 months. During recessions, housing is a top performer, and interest rates usually fall as well, and specifically interest rates of all types, including the Fed funds rate, mortgage rates, pretty much every interest rate type, they tend to fall in the mid and late stages of a recession. So this is what you can expect based on history, not hunches. But as for a depression, that is super unlikely. We haven't had one in 90 years, and today. I mean, come on, we have seen what the powers that be do. We can see how they respond to crises. They will just print and print and print more dollars to help pave over any problem. And that's not responsible long term, and it creates more inflation, but that's exactly what the government did to pull us out of the Great Recession and to pull us out of the COVID slowdown. We'll review what you've learned today in just a minute, but let me tell you, though you may very well have the majority of your capital smartly invested in real estate, since that's where the long term wealth creation is, those funds are not very liquid. So what about your liquid funds? Like I pointed out early in the show today, amidst higher inflation expectations, inflation really destroys those in the stock market, and it absolutely crushes savers. Savers really get destroyed, because if your bond yield or your savings account pays you 4% interest, and there's 5% inflation, that is a 125% hidden tax on your gain. And if that's the. Damaging enough there might be tax that you have to pay on that gain, which is not really a gain. This whole thing was a big loss.   So for some people, including me, what I do is become a lend. Lord, yes, I get a higher yield by lending to others a lend. Lord. I mean, why settle for just a, say, four and a half percent yield on your liquid funds? I mean, that's the level at both the 10 year bond and the savings account yield today, about four and a half percent. I've parked my own liquid funds for a steady 8% yield that I've been getting for years with a long time established real estate company. I make the loan to them, they have paid on time, every time, for that steady 8% return. And see, when you understand that directly investing in real estate pays five ways, and that a 20 to 30% total ROI, therefore is common and even expected. You can understand how they can pay you and me an 8% return on your liquid funds. You can see where the arbitrage is. Just a little insider tip here. It's called Freedom family investments. If you want to learn more, text family to 66 866. Their minimums are pretty low to 25k and you don't have to be accredited. So for steady 8% returns from the same place in the same vehicle where I've been getting my 8% you can just do it right now. What's on your mind? Text the word family to 66866.    Let's review what you've learned today, Americans have higher long term inflation expectations than they've had since 1993 a 1999 Taco Bell receipt really brings to light how much inflation you have experienced in your life. Though, higher inflation can come. Hyper inflation is unlikely. Let's not get carried away. The prospects for a recession are 52% in the next 12 months, per a plurality of experts, but a depression is really unlikely. Now you know how real estate performs in recessions and why it holds up so well it even tends to appreciate coming up here on the show are some prominent guests, including the leader of rezzy club. You might know about them. Sometimes I share their great charts in our newsletter. Yes, rezzy Club's Lance Lambert will be with us. Also, Legacy finance expert Laurel Langemeier will be here with us on another upcoming episode. Thanks for being here, but you weren't here for me. You were here for you. I'm Keith Weinhold. Don't quit your Daydream.   Dolf Deroos  37:53   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC exclusively.   Keith Weinhold  38:16   You know, whenever you want the best written real estate and finance info. Oh, geez, today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read. And when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text. GRE to 6866 while it's on your mind, take a moment to do it right now. Text, GRE to 6866   The preceding program was brought to you by your home for wealth, building, get rich, education.com.    

New Episode of The AZREIA Show, Mike Del Prete, Executive Director of the Arizona Real Estate Investors Association, sits down with Kevin Highmark, COO of Capital Fund 1. Kevin shares his journey into the hard money lending world, the unique value propositions of Capital Fund 1, and insights into the current real estate market landscape in Arizona. They discuss various loan products, underwriting processes, and tips for real estate investors to succeed. Capital Fund1 specializes in providing quick and flexible financing solutions, crucial for real estate investors looking to capitalize on opportunities. Tune in to learn more about how Capital Fund One supports investors and the advantages of hard money lending. Key Takeaways: 00:56 Meet Kevin Highmark: From Sports to Real Estate 01:55 Joining Capital Fund One 03:25 Capital Fund One's Growth and Operations 04:09 Arizona's Unique Real Estate Market 04:14 Loan Products and Processes 06:38 Underwriting and Funding Details 08:29 Investor Support and Prequalification 12:23 Flexible Terms and Quick Turnarounds 14:55 Understanding Loan Terms and Points 15:41 Rehab and Renovation Loans Explained 16:54 Funding and Equity Requirements 17:53 Working with Title Companies 19:21 Long-Term Financing Options 20:43 Advice for Real Estate Investors 23:52 Current Market Insights   ------   The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in #realestate  Join AZREIA here: https://azreia.org/join Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at

Hey Note Closers! Scott Carson here, diving into the essential topic of common sense underwriting. This episode is all about avoiding the pitfalls that can turn a seemingly great deal into a costly mistake. We're going beyond the spreadsheets and ROI calculators to focus on practical, real-world due diligence.Key Takeaways:The Importance of Loan-Level Bids: Don't fall for the "percentage across the board" approach. Insist on loan-level bids to accurately assess the value of each asset.Don't Be an A-Hole: Treat sellers with respect and professionalism. Submitting unrealistic offers or failing to follow instructions will damage your reputation.Know Your Market: Don't bid on assets in areas you don't understand or wouldn't want to own. Focus on markets with a decent population and available resources.Don't Fall in Love with the Property: Take the emotion out of the equation. Focus on the numbers and the potential for profit, not the aesthetics of the property.Look Beyond the Numbers: Don't rely solely on spreadsheets. Consider factors like the condition of the property, the borrower's history, and potential legal issues.Actionable Advice:This episode is packed with actionable advice to help you make smarter investment decisions. We'll discuss:How to assess the value of a note beyond the numbersHow to identify potential red flagsHow to build a strong team of professionals to support your due diligence effortsResources:Order your O&E Due Diligence HERE: https://snip.ly/NewTitleSearchOrder your BPO Orders HERE: https://snip.ly/NewBPOFormDon't let a lack of common sense derail your note investing success! Listen now to learn how to avoid costly mistakes and maximize your returns.Watch the original VIDEO HERE!Book a call with SCOTT HERE!Love the show? Subscribe, rate, review, and share!Here's How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes PinterestGet Signed Up For the WCN Membership HERE!

Click to view episode transcriptABOUT SAM MORRIS Sam is the CEO of Sunset Capital, a vertically integrated real estate investment and asset management firm based in Houston. With over 23 years of experience in real estate, he has led acquisition and disposition teams on transactions exceeding $550 million. Sam's background as a corporate banker for 18 years involved facilitating over $1B in real estate financing, equipping him with a comprehensive understanding of property lifecycle management.  THIS TOPIC IN A NUTSHELL: Sam's background and journey in real estate Lender Inspections and Proactive Communication Current market conditions and Underwriting tipsMarket Dynamics and Deal Acquisition StrategiesUnderstanding Loan-to-Value Ratios Pros and cons of floating and fixed-rate debtCost Control in Asset Management The value of investing with experienced operatorsUnderstanding local marketsRaising capital challengesConnect with Sam  KEY QUOTE: “It's okay to invest with somebody who's got some battle scars because they've been there and gone through it and they know how to get out on the other side. “     ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professionals that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.    #RealEstateInvesting #RealEstate #CreatingWealth #PassiveInvesting #AssetManagement #UnderwritingDeals #StrategicUnderwriting #CostManagement #ProactiveCommunication #FloatingRate #FixedDebt #LoanToValueRatio #FinancingStrategies #RaisingCapital #Lenders #Acquisitions #ValueAdd #Multifamily #Syndication #NetOperatingIncome #CostControl #RiskManagement #VerticalIntegration#FinancialFreedom #LongTermWealth #InvestmentStrategies #RealEstateInvestments #InvestmentOpportunities #SteadyCashFlow #LatestPodcastEpisode #PassiveWealth #JoinTheWINpod #DealDeepDive #WestsideInvestorsNetwork CONNECT WITH SAM:Website: https://www.sunset-capital.comFacebook: https://www.facebook.com/sunsetcapitalre Instagram: https://www.instagram.com/sunset_capital LinkedIn:  https://www.linkedin.com/company/sunset-capital-tx/posts/?feedView=all     CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/   For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties     Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Tiktok| @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  

Discover what to expect during Indexed Universal Life (IUL) underwriting — from application to approval. Learn how strong field underwriting benefits you!#LifeInsurance #IUL #FinancialPlanning #InsuranceTips #SmartInvesting

In this Topical Tuesday episode, I spoke with our very own Bobby Hosmer who is a Senior Analyst at Asym Capital. Bobby is heavily involved in the acquisitions process at Asym Capital.  Be sure to tune in if you're interested in learning about: Bobby's background, including how he got into real estate and ultimately found his way to Asym Capital How we developed the underwriting and acquisitions pipeline process at Asym Capital Why standing pipeline meetings are essential for deal flow consistency The role of trade tracking in understanding market trends and cap rates How data collection helps improve underwriting accuracy The importance of staying connected and adaptable in evolving market conditions To your success, Tyler Lyons Resources mentioned in the episode: Bobby Hosmer LinkedIn Interested in learning how to take your capital raising game to the next level? Meet us at Capital Raiser's Edge. Learn more here: https://raisingcapital.com/cre

IBC is in the best position to thrive when it's started early.In this week's episode, Dave and Paul discuss juvenile policies – how to properly set them up and what you should watch out for – or avoid. More importantly, is the “why” for juvenile policies. What are the specific benefits that you and the next generation can gain? You'll also get to hear about how this can be a surefire way to ensure your children (and their children) will be millionaires – and how to properly handle that great responsibility. Episode Highlights:0:00 - Catching up1:54 - Juvenile policies (opener)2:21 - Why?5:00 - Underwriting problems are minimized7:53 - Typical premium for juvenile policies8:51 - The tax-free build-up over time13:18 - The generation paying the premiums..15:03 - When death benefit occurs..17:03 - Procludes any need for social security19:25 - Estate planning is greatly simplified23:21 - “Wealth mentality”26:04 - Promotes the understanding of stewardship32:24 - OPAIABOUT YOUR HOSTS:David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money. David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life. Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich. As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.Visit our website: https://www.thewealthwarehousepodcast.com/ Catch up with David and Paul, visit the links below! Website: https://infinitebanking.org/agents/Fugere494 https://infinitebanking.org/agents/Befort399 LinkedIn: https://www.linkedin.com/in/david-a-befort-jr-09663972/ https://www.linkedin.com/in/paul-fugere-762021b0/ Email: davidandpaul@theibcguys.com

Have We Changed Underwriting because of DOGE? - #255 ✅ Please like, subscribe, and share! ✅ Are you a new or experienced private lender or hard money lender? Join Jason Balin and Chris Haddon from Hard Money Bankers as they draw from their extensive experience running a successful hard money lending company since 2007. Tune in weekly with episodes related to all aspects of private lending. From discovering lucrative loan opportunities to securing private capital, effectively managing your loan portfolio, handling defaults, and much more, we've got you covered. ✔️ Tune in now and watch the full video podcast at www.privatelenderspodcast.com ✔️If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 ✔️Make sure to check out the #1 Online Community For New and Experienced Private and Hard Money Lenders.. Create your account at www.hardmoneymastermind.com   FOLLOW US ON SOCIAL Get updates or reach out to Get updates on our Social Media Profiles! ✅ Instagram: https://www.instagram.com/hardmoneymastermind/ ✅ Tiktok: https://www.tiktok.com/@hardmoneymastermind  

Welcome back to America's #1 Daily Podcast,  featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris?  Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206. IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://premiercoaching.com The Ultimate Addendum: How to Insure Against Eleventh-Hour Underwriting Drama What are the things that cause a deal to catch fire a few days (or a few hours) prior to closing? What if there was a way to prevent these problems before it's too late? What is UNDERWRITING? Deal Killing Drama What are the top ten things that make you crazy when you thought you were about to have a closing? The buyer hasn't even applied for the loan yet, so no one knows a thing about them until you're halfway through inspections. The buyer had great credit and ratios when they applied, but you find out three days prior to closing that they just bought a new boat/car/rental property/etc., thus screwing up their credit and/or ratios. The buyer hasn't disclosed that they are actually contingent on home sale, they are presenting as contingent on financing. HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/