YW 177: Ari Rastegar, COVID Real Estate Outlook

YW 177: Ari Rastegar, COVID Real Estate Outlook

Ari Rastegar, the founder of Rastegar Property Company, joins Jason Hartman today to share his insights on investing in many sectors, with a particular emphasis on multi-family housing. Will retail and commercial suffer indefinitely, or will this all pass? If you put in the work, 2020 is an incredible opportunity to invest.

Key Takeaways:

[1:15] Discussing rent collection issues and eviction moratoriums, but during COVID-19, 90% and more of rent was still being collected.

[3:45] In the single-family space, we’re seeing a surging of home prices.

[8:00] In regards to shadow-demand, the majority of US young adults live with their parents.

[12:10] California and New York are the ‘land of the flee,’ and Texas is the ‘land of the free.’

[15:00] Q2 sales of Manhattan apartments down by 54%

[19:20] Risk controls in the sub-prime market have been put into place to protect the residential side of recession effects.

[20:00] Retail and commercial will suffer longer.

[21:15] Ari believes that work-from-home is entirely unsustainable.

[26:10] “People are going to miss opportunity because opportunity shows up in overalls.” -Edison

Websites:

RastegarProperty.com 

PandemicInvesting.com

JasonHartman.com/Ask

JasonHartman.com/Start

JasonHartman.com/Recordings

JasonHartman.com/Asset

JasonHartman.com/Webinar

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Archive