Watch Monday's Conference Call Video
Get some fresh wholesaling tips! KREIA's Rob Bergeron hosts a discussion on wholesaling with Louisville wholesaler Wesley Branch (half of Brothers Buy Houses) and Lexington wholesaler Rick Boyd. Wesley and Rick talk about how to talk with motivated sellers, and they share some of their favorite podcasts. Watch all the previous "See You at Noon" videos over on KREIA's YouTube Channel.
What the 'Families First Coronavirus Response Act' Means for Realtors and Investors
On March 18 the "Families First Coronavirus Response Act" (H.R. 6201) was signed. It's the government's plan to provide emergency funding relief stemming from loss of jobs and income related to the COVID-19 coronaviris outbreak.
What does it mean for business owners trying to make payroll? For tenants paying rent? For landlords paying mortgages? And how do these things change if the properties involved are backed by Fannie Mae, Freddie Mac or the HUD?
At this webpage, the National Association of Realtors has distilled and summarized the 110-page bill to arrive at answers. The NAR has also prepared some PDF documents to help us digest the information:
Also see:
MM Lending Matching Funds for the Home of the Innocents
Because we didn't have a March main meeting this month at Woodhaven, we didn't have an opportunity to hold our usual raffle to raise funds for the Home of the Innocents. Mike Fallot, from KREIA's Platinum Sponsor MM Lending, would like to rectify that. Mike has issued this challenge:
"MM Lending will match dollar for dollar, up to $500, for contributions by KREIA members to HOTI, thru 4/22/20. Hopefully we can raise at least $1,000 to continue to support HOTI."
Thank you, Mike! Come on, KREIA, let's make this happen! To take Mike up on this generous offer, send a check made out to Home of the Innocents to KREIA's snail mail address: P.O. Box 91225, Louisville, KY 40291.