REI059: Impending Foreclosures and Evictions w/ Mike Russo
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 593 Ratings
🗓️ 1 March 2021
⏱️ 59 minutes
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Summary
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| 0:00.0 | On today's show, I sit down with Mike Rousseau to learn more about the impending foreclosures |
| 0:07.7 | and evictions on everyone's minds, real estate auctions, and how this could be useful for new |
| 0:12.8 | investors anticipating a wave of foreclosures in the near future. Mike is the co-founder of |
| 0:17.9 | Concierge auctions and a seasoned real estate pro with over a billion |
| 0:21.6 | dollars of transactions under his belt. He has transformed a luxury auction model into a |
| 0:26.9 | multi-function survival tool for struggling FISBOS, for sale by owners, and struggling realtors |
| 0:33.0 | alike. One of the biggest concerns on the minds of investors right now is how COVID-19 is going |
| 0:38.8 | to impact the real estate market once the eviction moratoriums are up. |
| 0:42.6 | It's likely going to flood the market with foreclosures, which is unfortunate for those losing |
| 0:47.0 | their properties, but could be an opportunity for investors with cash or access to financing. |
| 0:53.9 | Before we get into the episode with Mike, I answer |
| 0:56.1 | some of the most common questions I receive on Instagram from listeners. If you want to connect |
| 1:00.9 | with me on social media, you can find me on Instagram with my username The Robert Leonard. That's spelled |
| 1:06.6 | out as T-H-E-R-O-B-E-R-T-L-E-O-N-A-R-D. |
| 1:13.2 | Now, let's get into this week's episode. |
| 1:19.3 | You're listening to Real Estate Investing by the Investors Podcast Network, where your host, |
| 1:24.8 | Robert Leonard, interview successful investors from various real estate |
| 1:28.8 | investing niches to help educate you on your real estate investing journey. |
| 1:41.3 | Hey, everyone, welcome back to the Real Estate 101 podcast. As always, I'm your host, Robert Leonard. |
| 1:47.3 | And as I mentioned in the intro, before we get into this week's episode with our guest, Mike Russo, |
| 1:53.8 | I'm going to take some time to answer some of the most common questions that I get from listeners |
| 1:57.4 | on social media. So let's dive right into the first question. |
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