SOTM 43: Lenders Prepare for Biggest Wave of Mortgage Delinquencies in History

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6 • 864 Ratings

🗓️ 8 April 2020

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

With the U.S. unemployment rate skyrocketing, lenders are bracing for the biggest wave of mortgage delinquencies in history. On today’s State of the Market podcast with BiggerPockets co-host Brandon Turner and Curtis Roddy of Roddy’s Foreclosure Listing Service, we discuss what could happen with foreclosures in coming months. We also talk about the real estate sectors that will be hit hardest by coronavirus, the cuts real estate giants are making to offset declining profits, and the ways agents and investors can weather this economic storm. Get Instant Access to Hundreds of Free Real Estate Tools Visit hibandigital.com/toolbox Claim Real Estate Discounts, Free Trials, and More Visit hibandigital.com/resources Sponsors Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97 Visit futureofrealestatetraining.com PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial Visit padhawk.com Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List Visit 4closure.info

Transcript

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0:00.0	This is going to call the herd of the 4 billion real estate agents that are in America today
0:10.0	and the cream of the cop will rise and they'll be fine and everyone else will go find another job.
0:20.0	So the big question is this, how do most agents who don't have access to the secrets that most successful agents
0:28.0	hoard to themselves grow and prosper in today's competitive real estate environment.
0:35.0	That's the question.
0:37.0	And this podcast will give you the answers.
0:40.0	I'm Pat Heibin and welcome to Real Estate Rock Stars.
0:44.0	Real Estate Rock Stars, this is Aaron Mucha Steggy.
0:54.4	We are recording live, the Real Estate Rockstar State of the Market, 43.
1:00.0	And we have some really, really special guests today to help me talk about the news.
1:03.6	First I've got Curtis Roddy, he's the CEO of Roddy's foreclosure listing service out of Dallas,
1:08.0	Texas.
1:09.0	Curtis, thanks for being on here.
1:10.5	Thank you for having me.
1:11.6	Awesome, and we've got Brandon Turner.
1:13.6	He is host of the largest real estate investment podcast
1:17.0	around the bigger pockets podcast.
1:19.2	I'm sure you guys have heard of him.
1:20.7	Got these guys on here today to help talk about the news. Brandon
1:23.7	thanks for being here too. Yeah that should be fun. I definitely the largest not
1:27.3	not the best second best to yours but you know we got some work to do we'll get there. Yeah, the the real estate
1:35.3	Podcasting competition out there. That's it. Yeah, you and I were neck to neck.
	...

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