In this month’s episode of Requity Insights, our hosts, Dylan Marma and Luis Velez, discuss the current state of the Commercial Real Estate Market, focusing on capital markets, the acquisitions landscape, and operations. In this anticipated market update for the third quarter of 2023, Dylan shares his thoughts on the current state of the real estate industry, exploring topics such as capital deployment, investment strategies, industry trends, and much more. 

Time Stamps:

[00:00:33] Investment strategy remains the same.

[00:04:00] Focusing on optimization and caution. Seller financing is becoming more popular.

[00:08:29] IRR targets

[00:10:40] Market fears, high yield debt, hesitancy in equity.

[00:13:28] Regional banks pose a threat to alternative asset classes.

[00:19:41] Demand for single-family homes and rentals remains high.

[00:20:50] Increasing demand, decreasing supply, particularly for RVs and mobile homes.

[00:26:30] Camp Spot data confirms declining bookings, expected reversion.

[00:28:03] Campground business steady, COVID sped up growth.

[00:31:25] Solid foundation built, international team expanded. Efficiency improved.

[00:36:58] Revenue stable, long-term bookings prioritized for stability.

[00:39:03] Market: Waiting game, be patient, adjust accordingly.

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Luis Velez https://www.linkedin.com/in/luisevelez/

Dylan Marma https://www.linkedin.com/in/dylanmarma/

The Requity Group https://www.linkedin.com/company/requ... 

Watch this podcast on YouTube / @requity 

Are you interested in becoming an investor? Visit https://www.therequitygroup.com to learn more. 

#MarketUpdate #investing #syndication #passiveincome #rvindustry #camping #rvparkinvesting #mobilehomeparks#acquisitions

In this week's episode of Requity Insights, we explore the topic of selecting the ideal sponsor for your commercial real estate syndication investment. For passive investors, it's vital to meticulously assess the sponsor's track record and qualifications before committing capital. Join us as we explore key considerations like their asset expertise, deal execution success, performance history, market familiarity, and investor communication. We'll uncover the significance of comprehending investment and exit strategies, including experience, assumptions, and past performance. Our journey also uncovers the distribution waterfall, dictating capital sharing among sponsor and investors. From acquisition to promote fees, we dissect the compensation structure. Our focus remains on aligning sponsor and investor interests. Don't miss this revealing episode that could avert costly mistakes. 

Video Link:

https://youtu.be/1lWqLfCUt-k

Time Stamps:

0:50 Track record of the sponsor (GP)

2:20 Sponsors communication cadence

2:40 Understanding the sponsors deal assumptions and investment and exit strategy

4:18 Questions to ask the sponsor about the specific deal they are syndicating

4:48 The distribution waterfall

7:15 Questions to ask the GP about the deal structure, fees, and distributions

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Luis Velez https://www.linkedin.com/in/luisevelez/ 

Dylan Marma https://www.linkedin.com/in/dylanmarma/ 

The Requity Group https://www.linkedin.com/company/requ...

Watch this podcast on YouTube / @requity 

Are you interested in becoming an investor? Visit https://www.therequitygroup.com to learn more. 

#investing #syndication #passiveincome #rvindustry #camping #rvparkinvesting #mobilehomeparks #acquisitions

In this week's episode of Requity Insights, we dive into the fascinating world of property management with our special guest, Jen Ullrich, the COO of The Requity Group. With an impressive track record of 19 asset on-boardings under her belt, Jen has a wealth of knowledge to share with our viewers.  From determining the type of asset to assessing the market and guest demographics, Jen takes us through the meticulous process of on-boarding a new acquisition.   We explore the use of technology, fostering communication and teamwork, and the importance of customer service. Jen also shares the fascinating journey of establishing a call center in the Philippines and the impact it had on their team and customer satisfaction. We'll also discuss revenue-generating strategies, maintaining good vendor relationships, and the role of data analysis in optimizing operations.

Time Stamps:

[00:02:45] How event planning prepared Jen for property management.

[00:04:43] Creating marketing strategies and amenities for transient and long-term campground visitors

[00:07:01] Determining asset type, due diligence on market and guest, upgrading amenities, building reservation software, and understanding area attractions.

[00:11:06] How interacting with diverse guests enhances the property experience

[00:14:30] How to use technology to manage a global team

[00:16:39] Why resident satisfaction comes first

[00:21:14] How opening an overseas call center improved our customer experience

[00:25:29] 3 tips; Pay vendors, listen to data, focus on occcupancy.

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Luis Velez https://www.linkedin.com/in/luisevelez/

Jen Ullrich https://www.linkedin.com/in/jenniferullrich

Dylan Marma https://www.linkedin.com/in/dylanmarma/

The Requity Group https://www.linkedin.com/company/requ...

Watch this podcast on YouTube / @requity

Are you interested in becoming an investor? Visit https://www.therequitygroup.com to learn more.

#investing #syndication #passiveincome #rvindustry #camping #rvparkinvesting #mobilehomeparks #acquisitions, #callcenter, #property management, #residentsatisfaction

In this week's episode of Requity Insights, we're diving into the important legal documents involved in real estate syndications.  From the Private Placement Memorandum (PPM) outlining investment opportunities, risk factors, and financial projections to the Operating Agreement (OA) highlighting the roles and responsibilities of the syndicator and the investors, we break down each document's significance.  As always, it's essential to thoroughly understand these legal documents before making any commitments. Seeking expert advice from legal counsel or a trusted financial advisor is highly recommended to ensure you make informed decisions that align with your investment goals.

Real Estate Syndication 101 | Requity Luis Velez

Real Estate Syndication 101  

Timestamps:

00:00:38 Private Placement Memorandum (PPM)

00:01:44 The Operating Agreement (OA)

00:02:14 Subscription Agreement and Subscription Documents (SA)

00:03:14 Limited Partnership Agreement (LPA)

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Dylan Marma https://www.linkedin.com/in/dylanmarma/ 

Luis Velez https://www.linkedin.com/in/luisevelez/ 

The Requity Group https://www.linkedin.com/company/requ...

Watch this podcast on YouTube / @requity 

Are you interested in becoming an investor? Visit https://www.therequitygroup.com to learn more. 

#investing #syndication #passiveincome #rvindustry #camping #rvparkinvesting #mobilehomeparks #acquisitions

00:00:25 What is a commercial real estate syndication

00:01:46 Legal structures and the players involved

00:03:07 What is the objective of a commercial real estate syndication

00:03:32 Common questions to ask a sponsor 

00:04:33 What are the responsibilities of each party in a syndication

00:05:33 Is commercial real estate considered a security 

00:07:06 What is an accredited investor 

00:08:05 Common syndication return structures 

In this week's episode of Requity Insights, we explore the fascinating world of commercial real estate syndications, an investment vehicle where likeminded investors pool their capital to passively invest in large-scale commercial properties benefiting from the experience and expertise of the managing partner. Join us as we discuss the ins and outs of syndications, from the roles of sponsors and investors to the benefits of passive investing and the potential for wealth creation and passive cashflow. Discover how real estate syndication can be a win-win solution for all parties involved and learn about the important aspects to consider when choosing a syndication partner. Don't miss out on this educational and informative episode that will expand your understanding of commercial real estate syndication!

5 Biggest Tax Benefits of Real Estate Investing | Requity, Dylan Marma

https://youtu.be/679dRpXYVXo

Follow us on social media! 

Dylan Marma https://www.linkedin.com/in/dylanmarma/ 

Luis Velez https://www.linkedin.com/in/luisevelez/ 

The Requity Group https://www.linkedin.com/company/requ...

Watch this podcast on YouTube / @requity 

Are you interested in becoming an investor? Visit https://www.therequitygroup.com to learn more. 

#investing #syndication #passiveincome #rvindustry #camping #rvparkinvesting #mobilehomeparks #acquisitions

In this week's episode of Requity Insights, we'll discuss the topic of hiring and its impact on company culture and success. We discuss the significance of cultural fit in hiring, emphasizing the importance of asking tough questions to understand a candidate's true character. We delve into the red flags to look out for in potential employees, including speaking poorly about former employers and exhibiting a victim mentality. The episode also covers the role of leadership in the hiring process and the benefit of having the right team in place.

Throughout the episode, we emphasize the significance of hiring as a crucial factor in shaping company culture and driving results. We share our experiences, strategies, and lessons learned to help listeners enhance their own hiring processes and cultivate a thriving work environment.

00:02:42 Hiring for culture, potential, and performance matters.

00:04:26 Avoid unnecessary hiring; outsource specialized tasks. Check for culture fit during interviews. Don't hire without the required skills or experience.

00:11:03 Varied process: screenings, culture fit, experience.

00:15:11 Keeping the corporate team lean for effectiveness.

00:18:53 Creating a winning company culture.

00:23:52 Red flags

00:30:09 CEO involvement in hiring.

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Dylan Marma https://www.linkedin.com/in/dylanmarma/

Luis Velez https://www.linkedin.com/in/luisevelez/

The Requity Group https://www.linkedin.com/company/requitygroup/

Watch this podcast on YouTube / @requity

Are you interested in becoming an investor? Visit https://www.therequitygroup.com to learn more.

#rvindustry #camping #rvparkinvesting #investing #mobilehomeparks #acquisitions #hiring #culture

In this week's episode of Requity Insights, we dive into the world of commercial real estate acquisitions. Our guest, Troy Trecroce, Head of Acquisitions at our group, shares his experience and insights on sourcing, analyzing, conducting due diligence, and financially modeling commercial real estate deals. Troy takes us on his journey from commissioned Air Force Officer to dabbling in stocks and futures to ultimately transitioning full-time to commercial real estate investing. We learn about his educational background, military service, and how he joined the Requity Group. Troy discusses the differences in financial models for mobile homes and RV parks and the complexities of underwriting these properties. He emphasizes the importance of clear communication with brokers, education, networking, and finding a mentor in the real estate industry. 

00:00:00 Requity Insights welcomes our Head of Acquisitions, Troy Trecroce.

00:02:40 Transitioning from stocks and futures to full-time real estate investing. 

00:06:46 Most important receivables include profit & loss statement, rent roll, and occupancy report.

00:11:03 Different ways to model mobile home and RV parks, depending on ownership and mix of homes, seasonal/long-term or short-term/transient.

00:13:32 Ideal operating mix of 70-80% long-term, 20-30% short-term rentals

00:17:44  Last thought: Importance of educating yourself and simultaneously networking. 

Follow us on social media! 

Dylan Marma https://www.linkedin.com/in/dylanmarma/

Luis Velez https://www.linkedin.com/in/luisevelez/

Troy Trecroce https://www.linkedin.com/in/troytrecroce/

The Requity Group https://www.linkedin.com/company/requ...

Watch this podcast on YouTube    / @requity  

Are you interested in becoming an investor? Visit https://www.therequitygroup.com to learn more.

#rvindustry #markettrends #camping #rvparkinvesting #investing #mobilehomeparks #acquisitions #underwriting

On this episode of Requity Insights, we dive into the world of investor reporting and its significance in building strong relationships with limited partners. We have partnered with over 150 high-net-worth individuals and through their valuable feedback, they understand the importance of quality reporting. Tune in as we discuss the structure and frequency of effective investor reporting and how it plays a crucial role in maintaining trust and transparency with investors.

On this episode of Requity Insights, we discuss how technology is changing the way RV campgrounds operate. We share our 2023 tech stack and why integrating these smart solutions has improved our operations and enhanced the customer experience. We recommend simple and widely adopted technology, including Reservation Management System (RMS) like Campspot, accounting software like AppFolio, project management tools, like Monday and Notion, internal communication tools like Slack, and VoIP phone systems like Zoom and much more! We also stress the importance of a social media presence for marketing and promoting events. 

00:01:23 Importance of technology in RV campgrounds 

00:02:35 Recommended reservation management software 

00:03:00 What account software we recommend 

00:03:17 Best Project management software to use

00:03:35 Importance of internal communication tools

00:04:00 How to achieve a quality social media presence

Follow us on social media! Dylan Marma https://www.linkedin.com/in/dylanmarma/

Luis Valez https://www.linkedin.com/in/luisevelez/

The Requity Group https://www.linkedin.com/company/requitygroup

Watch this podcast on YouTube https://www.youtube.com/@requity

Interested in becoming an investor? Visit https://www.therequitygroup.com to learn more.

On this episode of Requity Insights, we explore the concept of value add investing in the RV campground industry. With a focus on improving Net Operating Income (NOI), we discuss the importance of increasing revenue and optimizing expenses. From upgrading amenities to enhancing infrastructure and community engagement, you will learn how to unlock the potential of underperforming properties in this niche market. This episode also touches on the challenges and risks of value add investing in this industry, making it a must-listen for anyone interested in exploring this strategy. 

00:01:17 Value-add investing in campgrounds: acquisition, enhancement, expansion, operations, marketing, optimization, community.

00:14:39 Challenges: permits, expenses, guest experience, timing.

00:17:13 Art over science in upgrading campgrounds.

00:21:47 RV value add requires a conservative approach: expert.

00:23:44 Value-add space requires a hands-on operation.

Follow us on social media! Dylan Marma https://www.linkedin.com/in/dylanmarma/

Luis Valez https://www.linkedin.com/in/luisevelez/

The Requity Group https://www.linkedin.com/company/requitygroup

Watch this podcast on YouTube https://www.youtube.com/@requity

Interested in becoming an investor? Visit https://www.therequitygroup.com to learn more.

In this week's episode of Requity Insights, we take a deep dive into the world of camping and explore the cutting-edge technology of Campspot, the industry's leading platform. Michael Scheinman, Campspot's CEO, sheds light on the latest trends, valuable insights, and much more, all drawn from the wealth of data available on the Campspot platform. As more and more people seek outdoor activities, the pandemic has opened up incredible opportunities for businesses like Campspot to play a significant role in the industry's growth. With its innovative features such as grid optimization and site lock, Campspot uniquely maximizes campsites' occupancy and offers enticing add-ons to campers. Please tune in for an in-depth exploration of the camping industry and its remarkable evolution in the age of technology.

00:00:00 Requity Insights welcomes the CEO of Campspot.

00:03:02 Tech enhances travel experiences, and Campspot simplifies camping.

00:08:49 Campspot was founded by campground owners/operators. Growing as an independent company.

00:12:20 Pandemic led to tech's camping industry role.

00:26:31 Campgrounds have the potential for increased income.

00:28:21 Camping vs Hotels: Differences and Trends.

00:40:59 Midwest & Southeast camping thriving.

00:49:30 Weather insurance-like product for the camping industry.

00:53:32 Hypothesis: demand levels to stay consistent.

Follow us on social media! Dylan Marma https://www.linkedin.com/in/dylanmarma/

Luis Valez https://www.linkedin.com/in/luisevelez/

The Requity Group https://www.linkedin.com/company/requitygroup

Watch this podcast on YouTube https://www.youtube.com/@requity

Interested in becoming an investor? Visit https://www.therequitygroup.com to learn more.

Join us on this exciting episode of Requity Insights, as we dive deep into the world of RV campground revenue streams. We are here to share expert insights on understanding diverse opportunities for generating revenue and creating multiple income streams within your RV campground. In this episode, you'll learn the top 10 ways RV campgrounds can make money, including innovative approaches like alternative accommodations and leveraging the power of technology. Get ready to be inspired as we explore unconventional sources of revenue, such as inflatable water playground rentals and thrilling tubing activities on scenic rivers.

2:36 - 6:48: Top 10 RV Campground Revenue Opportunities Unveiled

6:49 - 11:02: Vital RV Campsite Mix for Revenue Success

11:03 - 14:25: Boost Profits with Alternative Accommodations

14:26 - 17:50: Technology's Revenue-Boosting Impact on RV Campgrounds

17:51 - 22:11: Unique Revenue Sources: Water Playgrounds & Tubing Activities

Follow us on social media! Dylan Marma https://www.linkedin.com/in/dylanmarma/

Luis Valez https://www.linkedin.com/in/luisevelez/

The Requity Group https://www.linkedin.com/company/requitygroup

Watch this podcast on YouTube https://www.youtube.com/@requity

Interested in becoming an investor? Visit https://www.therequitygroup.com to learn more.

On this episode of Requity Insights, we deep dove into the world of campground investing and explore the pros and cons of long-term (seasonal) vs. short-term (transient) campgrounds. We discuss the importance of location and marketing strategy for both types of campgrounds, as well as the different types of guests they attract. Additionally, we explore the various operational capabilities needed to make a short-term rental business successful and the potential for outsized returns. Finally, we examine the resistance to change that is common in seasonal campgrounds and the lower perceived risk and higher cash flow of transient campgrounds. Stay tuned for an in-depth analysis of the campground industry and the factors to consider when investing in this unique asset class.

00:03:47 Seasonal vs Transient Campgrounds: Revenue Differences Explained

00:06:15 The Pros of Seasonal Campgrounds for Owners

00:11:43 Operational Capabilities Key to Success in Short-Term Camping Business

00:20:28 70/30 Model: Maximizing Revenue and Exposure

00:28:55 Marketing Strategies for Campgrounds: Front-loaded vs Slow Burn

00:33:48 The Future of Campground Pricing: A Predicted Equilibrium

Follow us on social media!

Dylan Marma https://www.linkedin.com/in/dylanmarma/

Luis Valez https://www.linkedin.com/in/luisevelez/

The Requity Group https://www.linkedin.com/company/requitygroup

Watch this podcast on YouTube https://www.youtube.com/@requity

Interested in becoming an investor? Visit https://www.therequitygroup.com to learn more.

In this episode of Requity Insights, we discuss the various strategies associated with real estate, core, core+, value add, and opportunistic. With a focus on opportunistic, we go into depth on the pros and cons that come with this strategy. We also explore the current market trends and the institutions that invest heavily seeking lower valuations. We share insights on different asset classes, including multifamily properties and mobile home communities, and explain why investors should take on varying levels of risk in their portfolios. Additionally, we discuss how companies much like ours focus on managing different communities and why they only pursue opportunities outside their expertise if extremely lucrative. 

00:01:08 Understanding Opportunistic Real Estate Investment Strategies

00:05:08 Opportunistic RV Investments Target Higher Returns

00:08:20 Key Factors to Consider in Real Estate Investments

00:09:00 Managing Risks in Hotel and Apartment Businesses.

00:09:54 Opportunistic Real Estate: Pros and Cons Explored

00:12:32 Opportunistic returns: High risk, high reward?

00:15:29 From Multifamily Investor to Mobile Home Investor

00:17:50 Investment Success Through Risk Mitigation Strategy

00:20:30 Multifamily Communities Remain Strong Asset Class Focus

00:23:15 Balancing Risk and Returns in Investment Planning

Follow us on social media!

Dylan Marma https://www.linkedin.com/in/dylanmarma/

Luis Valez https://www.linkedin.com/in/luisevelez/

The Requity Group https://www.linkedin.com/company/requitygroup

Watch this podcast on YouTube https://www.youtube.com/@requity

Interested in becoming an investor? Visit https://www.therequitygroup.com to learn more.

Welcome to a new episode of Requity Insights, where we delve into the world of glamping - the glamorous version of camping. In recent years, the glamping industry has been booming, and today we will explore the reasons behind its rapid growth and the latest trends in this sector. From luxury treehouses to eco-friendly pods, glamping offers a unique and upscale outdoor experience that attracts travelers seeking a connection with nature without compromising on comfort and convenience. Join us as we examine the business opportunities and challenges in the glamping industry and discover why it has become a popular choice for adventure-seekers and nature enthusiasts alike.

00:01:05 - Glamping Takes Off: 310% Increase in Bookings

00:04:31 - Millennials Fueling Rise in Camping Industry

00:07:36 - RV Parks Join Glamping Trend with Luxe Accommodations

00:10:52 - RV Resorts Shift Focus to High-End Accommodations

00:12:07  - Top Glamping Brands Targeting Niche Audiences

00:13:08 - Glamping Unit ROI Varies by Type & Location

00:15:43 - Emerging Trends in Glamping: Immersive Experiences and Technology

00:19:22 - Stable growth projected for the fast-forwarded industry

00:20:28 - The Challenges of Cleaning Glamping Units

00:22:53 - Glamping vs RV: Which is Better for You?

Follow us on social media!

Dylan Marma https://www.linkedin.com/in/dylanmarma/

Luis Valez https://www.linkedin.com/in/luisevelez/

The Requity Group https://www.linkedin.com/company/requitygroup

Watch this podcast on YouTube https://www.youtube.com/@requity

Interested in becoming an investor? Visit https://www.therequitygroup.com to learn more.

In this episode we’ll be discussing a high-level overview of our comprehensive 90-day property takeover checklist and how you can apply it to your next real estate closing. Whether you're a seasoned investor with multiple properties under your belt or a first-time buyer embarking on your real estate journey, this checklist will ensure you are well-prepared as you navigate the initial months of acquiring your new real estate space. So, sit back, grab a pen and paper, and get ready to dive into the world of strategic real estate property onboarding!

To join our investor community and stay updated on future opportunities, visit therequitygroup.com

Keynotes:

00:00:00 – Introduction

00:00:50 – What is the 90-day Property Onboarding plan?

00:01:27 –Setting up documents, banks, and credit lines

00:03:14 – Setting up your point of sale and accounting software

00:04:20 – Interviewing & hiring and collecting vendors

00:06:25 – Booking your travel

00:09:26 — Site setup

00:10:30 —Market/Comp Study

00:12:31 – Marketing and Branding setup

00:19:26 – Outro

Follow us on social media!

Dylan Marma https://www.linkedin.com/in/dylanmarma/

Luis Valez https://www.linkedin.com/in/luisevelez/

The Requity Group https://www.linkedin.com/company/requitygroup

Watch this podcast on YouTube https://www.youtube.com/@requity

Interested in becoming an investor? Visit https://www.therequitygroup.com to learn more.

In this episode of Requity Insights, we discuss the first steps needed in developing your very own RV Resort. Learn about the shift in camping demographics, and how to choose locations, amenities, and marketing strategies to succeed. We also share valuable insights and tips to help you build and manage your own profitable RV resort. Whether you're a seasoned RV park owner or just getting started in the industry, this podcast is a must-listen for anyone interested in developing successful and profitable RV resorts. So tune in now and gain valuable insights and advice to help you succeed in this booming industry!

Keynotes:

00:00:00 – Introduction

00:01:19 – Requity group with ground-up development

00:03:48 – Criteria used by the Requity Group

00:07:02 – Working with Developers

00:10:18 – Important factors when designing RV Resorts

00:15:21 – Determining which amenities to prioritize

00:17:58 — Modeling the deal and potential returns

00:23:47 — Cost of land and development

00:28:00 – Key takeaways 

00:29:33 – Outro

Follow us on social media!

Dylan Marma https://www.linkedin.com/in/dylanmarma/

Luis Valez https://www.linkedin.com/in/luisevelez/

The Requity Group https://www.linkedin.com/company/requitygroup

Watch this podcast on YouTube https://www.youtube.com/@requity

Interested in becoming an investor? Visit https://www.therequitygroup.com to learn more.

In this week’s episode of Requity Insights, we cover the best options for you to fund your RV Campground in 2023. We also give you tips and tricks on how to determine the deal size that fits your budget. We cover things such as debt funds, SBA financing, seller financing, and much more. We also throw in some bonuses with first-step questions to ask yourself before jumping into the deal.

To join our investor community and stay updated on future opportunities, visit therequitygroup.com

Keynotes:

00:00:00 – Introduction

00:00:50 – How do you determine the target deal size?

00:09:23 – Bank Debt

00:12:14 – Working with the Small Business Association

00:15:18 – CMBS

00:20:03 – Life Insurance Companies

00:21:58 — Debt Fund

00:24:55 —Bonus Topics

00:28:00 – Outro

Follow us on social media!

Dylan Marma https://www.linkedin.com/in/dylanmarma/

Luis Valez https://www.linkedin.com/in/luisevelez/

The Requity Group https://www.linkedin.com/company/requitygroup

Watch this podcast on YouTube https://www.youtube.com/@requity

Interested in becoming an investor? Visit https://www.therequitygroup.com to learn more.

In this week's Requity Insights episode, we will discuss the benefits of infilling your mobile home community. This has been a hot topic recently as many owners are gauging new opportunities to increase ROI by filling empty lots and decreasing potential maintenance costs from older homes. For investors, infilling can result in an overall higher ROI, due to the increase in monthly collectibles. This also applies to the owners of the campground itself as it helps to increase revenue as well as occupancy within the property.

 To join our investor community and stay updated on future opportunities, visit therequitygroup.com

Keynotes: 00:00:00 – Introduction

00:01:00 – What is infilling?

00:01:43 – Becoming a mobile home retailer 

00:02:20 – Picking location 

00:03:02 – Funding your purchases 

00:04:13 – Support programs available for funding 

00:06:52 — How do you value a vacant lot?

00:10:00 — Types of mobile homes and measuring your lot

00:14:13 — Recap and advice we have to help you navigate this

00:14:39 – Outro

Follow us on social media!

Dylan Marma https://www.linkedin.com/in/dylanmarma/

Luis Valez https://www.linkedin.com/in/luisevelez/

The Requity Group https://www.linkedin.com/company/requitygroup

Watch this podcast on YouTube

https://www.youtube.com/@requity

Interested in becoming an investor?

Visit https://www.therequitygroup.com to learn more.

In this week's episode of Requity Insights, the focus is on the insurance crisis in Florida and its impact on the real estate space. The episode discusses how insurance rates in Florida have DOUBLED in just four months, leading to many property owners renewing their current insurance policies early to avoid the significant increase. The discussion sheds light on the reasons behind the insurance crisis and how it has affected businesses and individuals in the state. We also highlight the challenges that property owners and developers are facing in securing adequate insurance coverage and how people are anticipating for the state to step in.

To join our investor community and stay updated on future opportunities, visit therequitygroup.com

Keynotes:

00:00:00 – Introduction

00:01:14 – What exactly is the Insurance Crisis?

00:02:19 – New bill being passed in Florida

00:03:40 – How the insurance increase has impacted our acquisition process

00:11:13 – Steps we’ve taken to ensure safety during this time

00:12:50 – Where do we see the rates going in the next year

00:14:13 — Recap and advice we have to help you navigate this

00:15:40 – Outro

Follow us on social media!

Dylan Marma https://www.linkedin.com/in/dylanmarma/

Luis Valez https://www.linkedin.com/in/luisevelez/

The Requity Group https://www.linkedin.com/company/requitygroup

Watch this podcast on YouTube https://www.youtube.com/@requity

Interested in becoming an investor? Visit https://www.therequitygroup.com to learn more.