EP 449 - A Major Mortgage Fraud Crisis is Coming — Here’s What We Know

What did you think of todays show??One wrong deal could set your business back years — especially now when cash is tight and the market can't be trusted. In this episode, we share how changes in the market have impacted our real estate business and what we're doing to protect our portfolios.From a looming mortgage fraud crackdown to COVID-19 relief programs ending, there's a lot going on. Tune in to hear where we see potential opportunities, what we're avoiding, and the number one thing you can do to survive this uncertain market!Topics discussed:Introduction (00:00)Our Q2 performance and Q3 updates (01:06)How to make direct leads work (05:06)Balancing high returns with rising risk (06:54)The impact of COVID-19 relief programs ending (08:40)Why the buyer pool is shrinking (12:23)Why your competition is offering better deals (13:37)How to protect your business in this economy (17:57)What we know about an incoming mortgage fraud crackdown (25:02)Chasing bigger deals vs. playing it smart (31:05)Don’t make this mistake in your business right now (35:21)Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!https://instantinvestor.collectingkeys.com/invest-anywhereFollow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com