11-11-2020: Warning For Landlords: Rental Fraud Has Jumped Due To COVID-19 Crisis
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 12 November 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
According to TransUnion, since the pandemic began, the frequency of actual fraud incidents for the multifamily rental industry has jumped by nearly 50%.
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Transcript
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| 0:00.0 | This podcast is produced by KPP Financial, Steve Peasley President, |
| 0:10.4 | KPP Financial, Independent Thinking, shared success. |
| 0:15.0 | And now today's podcast. |
| 0:17.0 | Good afternoon everybody and welcome to invest talk it is Wednesday |
| 0:24.8 | November 11th 2020 and of course we're all anxious we continue to be anxious |
| 0:30.8 | because we still don't have a resolution on the election but I think |
| 0:34.7 | we need to start calming down because we certainly have great news on the |
| 0:38.8 | coronavirus with Pfizer's vaccine coming out very shortly. |
| 0:46.0 | They'll be out before the end of month, I believe. |
| 0:49.3 | And it's 90% effective. |
| 0:50.9 | So that's a very good sign I think and I think that's a reason for |
| 0:55.9 | optimism really optimism even though I know I watch I know what's going on the count is rising and COVID cases are rising and you |
| 1:06.2 | know there's it's not good worldwide by the way but I just think a year from |
| 1:12.0 | now we'll look back and say yeah COB was a bad thing but we're on top of it now |
| 1:17.0 | It's gonna be in a rearview mirror. I think it's gonna happen pretty fast |
| 1:21.6 | So I know you're anxious about things, pandemic, elections, all that stuff, but this |
| 1:27.0 | two shall pass. Okay, but the market is already looking forward. You notice it's doing pretty darn well. |
| 1:34.2 | It's already looking forward past these things. |
| 1:37.3 | And everybody knows or both sides of the aisle, |
| 1:40.8 | Republican and Democrat want another stimulus package you know to fight |
| 1:46.6 | this coronavirus thing but so it's going to happen it's just about how much |
| 1:51.8 | how much is it going to be how big is it going to be I'm sure they'll come to agreement at some point |
... |
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