))
Where Is The Puck Going? Economic Forecasting for Strategic Real Estate Investing With Kolten Van Elzen
Manage episode 478439402 series 3606824
Content provided by Corey Reyment. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Corey Reyment or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
What does a dead cat in the ductwork have to do with real estate investing success? As it turns out, quite a lot about perseverance and education in the school of hard knocks.
Corey sits down with commercial underwriter Kolten Van Elzen for a fascinating exploration of economic trends and their impact on real estate investment strategy. Their conversation ranges from practical horror stories (like Colton's first flip of a 30-cat hoarder house) to sophisticated economic forecasting techniques that can give investors a competitive edge.
The duo dives deep into what's really happening with interest rates, explaining the critical difference between Fed actions and mortgage rates in clear, accessible terms. They break down why watching unemployment claims might be more important than following Federal Reserve announcements and provide specific resources investors can use to track economic indicators themselves.
Perhaps most reassuringly for investors nervous about current market conditions, Colton shares an eye-opening statistic: real estate prices have only declined twice in the last 40 years. With current inventory levels at just a quarter of what they were during the 2008 housing crisis, the fundamentals simply don't support predictions of a market crash in most regions.
Beyond market analysis, listeners will gain practical insights on building stronger banking relationships, creating a comprehensive "lender folder," and why maintaining multiple lender connections is crucial as bank appetites shift. The episode concludes with both hosts emphasizing that periods of market uncertainty often create the greatest opportunities for prepared investors.
Ready to gain an edge in your real estate investing journey? Subscribe to the Wisconsin Investor Podcast for more strategic insights and practical advice to help you navigate today's complex markets with confidence.
To get in to the data discussed on the episode google CME Fed Watch Group and Redfin Data Center.
Chapters
1. Where Is The Puck Going? Economic Forecasting for Strategic Real Estate Investing With Kolten Van Elzen (00:00:00)
2. Wisconsin Discount Properties Success Story (00:01:18)
3. Meeting Colton: From Mission Trip to Real Estate (00:03:17)
4. Colton's Background and First House Flip (00:08:18)
5. Eliminating Pet Odors in Investment Properties (00:12:32)
6. Commercial Lending Insights for Investors (00:20:00)
7. Economic Uncertainty and Interest Rate Trends (00:27:20)
8. Tracking Market Data for Investment Decisions (00:38:10)
9. Wisconsin Favorites and Final Thoughts (00:52:02)
39 episodes
Share
