1263: Foreign Real Estate Buyer Update & Investing In Non-Performing Notes & Loans with DeAnn O'Donovan

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By Jason Hartman. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Jason Hartman begins today's show giving an update on the state of foreign buying in the US real estate market. Playing a clip from Lawrence Yung, Chief Economist at the National Association of Realtors, and commenting on where the money is flowing from and where it's headed to, and how it compares to last year.

Then Jason talks with DeAnn O'Donovan, former President & CEO of AHP Servicing and former Executive VP and Chief Administrative Officer of Wintrust Mortgage, about the practice of investing in non-performing notes and loans. DenAnn explains what she looks for when considering investing in loans, what positions she's comfortable taking, and where you can still find deals in today's marketplace.

Key Takeaways:

[2:46] Is the United States market becoming less attractive to international buyers?

[7:26] The top 2 countries investing in US real estate are China and Canada. China accounted for $13 billion of US real estate purchases, Canada $7 billion

DeAnn O'Donovan Interview:

[13:39] Does it matter whether you're in first or second lien position?

[17:32] Where do you find the deals in today's market?

[27:54] Are there multiple categories of servicers available?

Website:

www.JasonHartman.com/Properties

DeAnn O'Donovan on LinkedIn

361 episodes