Tuesday, October 27, 2020

Gluten-Free Brewery Opportunity - Part #1 - The Pitch



Part #2 Coming Soon!

Visit this link to learn more about this opportunity,

https://register.omegadestiny.com/featured-opportunity-1irff

Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. You are simply requesting additional information about a business opportunity if and when it becomes available in the future.

Tuesday, October 13, 2020

Outlook, 4th quarter 2020 and 2021 - Mike Boudreau and Ren Carlton - Part 3







Watch the rest of the conversation here: https://youtu.be/wklSDGo6--Q




Is your business struggling? Email info@OmegaAccelerator.com for your free business consultation.




Do you have a message you would like to share with our network of over 20,000 entrepreneurs and business owners? Message us today, Ideas@moneyforastartup.com




Are you looking for investors for your business, contact us today, funding@omegaaccelerator.com.




Are you interested in angel investing and funding early-stage businesses? Email info@OmegaAccelerator.com.




Sources and Links


https://www.linkedin.com/in/rencarlton


https://rencarlton.blogspot.com


https://twitter.com/RenCarlton


https://www.youtube.com/channel/UCmxQWgUDlPJo0IHCIa6SzrQ


https://omegalegacyacceleratorx.com/924-2/https://www.facebook.com/TheOmegaAccelerator/


https://www.instagram.com/omega.funding/


https://rencarlton.blogspot.com/2019/09/funding-session-with-ren-carlton.html




Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.

Tuesday, August 4, 2020

Learn How to Create a Budget That Attracts Angel Investors





Learn How to Create a Budget that Attracts Angel Investors




From my book, http://bit.ly/ProfitpreneurshipBook






Are you looking for investors for your business, contact us today, funding@omegaaccelerator.com.  






Are you interested in angel investing and helping us fund early-stage businesses? Email info@OmegaAccelerator.com. 




https://www.linkedin.com/in/rencarlton


https://rencarlton.blogspot.com


https://twitter.com/RenCarlton


https://www.youtube.com/channel/UCmxQWgUDlPJo0IHCIa6SzrQ


https://omegalegacyacceleratorx.com/924-2/https://www.facebook.com/TheOmegaAccelerator/


https://www.instagram.com/omega.funding/


https://rencarlton.blogspot.com/2019/09/funding-session-with-ren-carlton.html

Tuesday, July 28, 2020

Residential Real Estate - Prices, Predictions and Investing, Expert Opinions - Summer 2020 - Tri-County Metropolitan Detroit

Residential Real Estate - Prices, Predictions and Investing, Expert Opinions - Summer 2020 - Tri-County Metropolitan Detroit

Last week I gave you my thoughts about prices, predictions and investing in residential real estate - now learn what the experts are saying.

Below are quotes from the residential real estate investment experts I talked to while conducting my research for this series.

You can read my predictions here, https://rencarlton.blogspot.com/2020/07/my-predictions-investing-in-residential.html



I would say down, I say that because they've been up, the market is high right now.
Jennifer Lech


It’s hard to guess but all I can say is that right now the market is so hot that if you are thinking about selling take advantage of the market.
Gogo Bethke


You know that's anyone's guess.....
Kate Gladchun


I’m optimistic that we will implement reasonably acceptable Covid controls by early 2021. If that’s the case and we don’t experience further unforeseen events I believe housing demand will remain strong in SE MI since banks are flush with capital and interest rates should remain low. Most of my investments are in commercial real estate however I do have upcoming multi-family investments in pre-development stages so I hope I’m right
Fadi Nassar


Neutral to 10% down in Cap growth outlook for the year for Detroit Resi market, due to Covid-19. As there is more Bad news to come due to the economic and commercial fall out of the following industries - Hotel, Airline, Tourism and Commercial real estate. November elections may hopefully set the tone. The good news is that the rents are staying strong, so yields are holding up for long term investors.
Bala Apparao


It depends where. In dense areas with demand outstripping supply prices will stabilize or rise. There remains a severe housing shortage in many areas.
Matthew Grocoff, Esq., LEED-GA, LFA

Prices are trending up.  At this point in time there is a shortage of product on the market.  In my discussions with Realtors regarding retail product many deals are being sold for above list price with multiple offers. I deal with off-market portfolio investment/rental product.  The prices are trending up for decent product.  Lower end rental product is stable to soft.  There is a lot of lower end product that would like to be sold so prices tend to be negotiable. Interest rates are low and will stay low for the foreseeable future which also pushes prices up.
Mark Nagy
CEO and Chief Investment Officer at Metro Street Capital


Up or stay steady. Supply is very low. Demand has stayed high and rates will be low for some time. Housing market will fare better than most parts of the economy.
Paul Apostolakis
Owner at Omega Lending Group | Host of "Inside Real Estate" the Podcast


I hope down because they were too high near me.
Kimberly Gibbs


Well for the time being, it is going to stay steady, only moving a little (+/- 3-5%).  Mainly because of the low inventory, it's still a seller’s market.  Depending on the area, some houses are having multiple offers and getting over asking.  It appears that days on market are starting to climb a little.  Depending on how long the pandemic goes and how bad the second wave is, then we could see some decline.  Keep an eye on the foreclosures and look for a larger than normal uptick in them (those might be good ones to pick up).  I don't think the housing bubble will be as bad as the 2007-2009 bubble.  You might want to sit on the sidelines and watch things play out - have your money in cash and gold, wait to see what happens and when it does go down, you would be ready to buy (real estate follows a cycle (like a sine wave) and we are probably just past the top.
William Pinnell
Business Owner, Real Estate Investments, Property Acquisitions Specialist, HUD Foreclosures, Short Sales, NPNs


I think that wholly depends on which price segment you are considering. I think low-end and high-end will stay strong - there might be some market value loss in the mid-range high-to-mid range where typically people would try to stretch their budgets to make a premium property work but now that's not the case.
Heidi Poscher
Strategic Technology Integration Expert. Real Estate and Renewable Energy Developer


No way!!! Housing shortage and multiple offers on homes with less than 24 hours on the market. Some homes are going for $20,000 over list price. Prices will possibly fall when people start losing there homes due job loss. Foreclosures, and short sales have a tendency to make values drop.
Lori James
Real Estate Agent at Real Living Real Estate


Historically it takes 12-18 months after a pandemic for effects to hit home market. Prices will definitely go down, as we have been riding a sellers market for a very long time but nothing like 08-09 crash.
Brennen Clarke (CSO)
Chief Social Officer | Mark Z Listing Partner


I foresee a moderate reduction but nothing drastic. Solely due to the stop of government programs related to the pandemic. Multifamily has held very well through the pandemic
Paul Mocur Jr.
Undergraduate BS Student - Real Estate Concentration



I would think housing prices will remain stable given the low interest rate environment.
Lee Hurwitz
President at Broder & Sachse Real Estate


They are going up quickly and I predict they will continue short of a major catastrophe.  My investors are buying up everything, especially apartments.
Philip Lang, CRS
President Starr Management/ Associate Real Estate Broker


I anticipate area housing prices will be stable in the near-term. Mortgage rates will likely continue to be low and inventory relatively depressed as pandemic continues. Additional federal stimulus is also likely and would provide further direct and/or indirect support to housing for balance of the year.
Jason Miller
Chief Investment Officer at Grand Sakwa Properties, LLC

Are you looking for investors for your business, contact us today, funding@omegaaccelerator.com.  


Are you interested in angel investing and helping us fund early-stage businesses? Email info@OmegaAccelerator.com


Note: These responses were collected late June/early July 2020


Sources and Links
https://www.linkedin.com/in/rencarlton
https://rencarlton.blogspot.com
https://twitter.com/RenCarlton
https://www.youtube.com/channel/UCmxQWgUDlPJo0IHCIa6SzrQ
https://omegalegacyacceleratorx.com/924-2/https://www.facebook.com/TheOmegaAccelerator/
https://www.instagram.com/omega.funding/
https://rencarlton.blogspot.com/2019/09/funding-session-with-ren-carlton.html


Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.


Tuesday, July 21, 2020

My Predictions - Investing in Residential Real Estate - Ren Carlton - Tri-County Metropolitan Detroit, Michigan, United States - Summer 2020 Report


My Predictions - Investing in Residential Real Estate - Tri-County Metropolitan Detroit, Michigan, United States - Summer 2020 Report 



Despite the damage caused by COVID 19 and the related quarantines, the U.S. economy and residential real estate market is currently be artificially supported by CARES Coronavirus Aid, Relief, and Economic Security Act impact.


Rentals and the CARES Act Eviction Moratorium

The Act provides a wide range of aid, relief, and stimulus provisions, but also institutes a temporary moratorium on certain evictions for the non-payment of rent from a covered dwelling for a period of 120 days, commencing March 27, 2020.

Unpaid monthly rent and fees and other charges (except fees and charges related to nonpayment of rent) may accrue during the 120-day period and be charged to the tenant after the CARES Act 120-day moratorium period ends on July 24, 2020.

Once this period expires, notice to vacate must provide at least 30 days for the tenant to vacate.

A lessor/landlord may not require the tenant to vacate the covered dwelling unit before the date that is 30 days after the date on which the lessor provides the tenant with notice to vacate; and


CARES Act Mortgage Forbearance

While only homeowners with federally backed loans are eligible, more than 4 million households have entered forbearance programs since the law passed — nearly one out of every ten borrowers.

Through the CARES Act, you have the right to request forbearance for up to 180 days, with the possibility of another 180 days if you’re still under financial distress. As part of the relief program, you will also be given a mortgage payment reduction option, where future make-up payments will be spread out over 12 months or added to your mortgage payment once the reduction period is over.


CARES Act Expansion of Unemployment Benefits

Each week over the last four months, there have been at least 1.3 million new claimants, the high coming in the week of March 28, when there were a record 6.9 million claims. This was more than 10 times the highest weekly level seen during the Great Recession in 2009. The total number of claims filed over the four-month period stands at 51.3 million. Even with the recent improvement - with claims edging down for 15 weeks - the current week's level of 1.3 million is about double the 2009 high.

The report also provides data on individuals who filed continued claims, also referred to as insured unemployment. There were 17.3 million insured unemployed in yesterday's release (July 15), down from a high of 24.9 million in the second week of May. That is, there have been a record number of hires in recent weeks-as documented in the BLS' Job Openings and Labor Turnover Survey (JOLTS) July 7 release that reported 6.5 million hires in May.

As of July 20, 2020, we still have over 138,000,000 employed workers – and this is only the non-farm payroll data that represent the majority but not all working Americans. Yes, we have suffered tremendous job losses, but we still have a large working population. We want to get back to having over 160,000,000 people working as we did in February 2020.

According to the 7/3/20 Monthly Payroll Growth and Unemployment Rate, the economy added a record 4.8 million jobs to nonfarm payrolls in June, bringing the cumulative increase in May and June to one-third of the sharp decreases in March and April. Similarly, the June unemployment rate, at 11.1%, was down 3.6% from its high in April, and labor force participation jumped by 0.7% to 61.5% (1.9% below its pre-coronavirus level in February).

However, we are not yet out of the woods. The June BLS employment data are based on surveys from the week of June 7-13, prior to the recent growth in newly reported COVID-19 cases in 35 states, and as MBA Chief Economist, Mike Fratantoni stated, we are also continuing to see a very high level of new layoffs, with 1.4 million initial claims for unemployment insurance last week. Moreover, there are still 10.6 million people who remain without work following a temporary layoff, and the longer they remain out of work, the greater the risk that their situation becomes permanent.


My predictions, July 21, 2020

Residential real estate prices could drop because of the following factors
-There are 20,000,000 less people working now than in February 2020.
-Unemployment is over 10%
-Mortgage delinquency is 100% higher than the end of 2019
 
Unemployment and mortgage delinquency figures resemble those of the Great Recession in 2009. The CARES Act is the major difference. Several of the CARES Act provisions begin expiring this week.

However, a second stimulus package is expected to be passed soon. 2020 is an election year, so I would also expect several of the above programs will be extended. Assuming this happens, residential real estate prices could be maintained, or event go up.

I believe residential real estate prices will remain steady. As the above stimulus provisions expire and stop being extended, you will see housing prices drop. Once you see jobs restored and unemployment reduced to normal levels, mortgage delinquencies will decline and residential housing prices will begin to stabilize and climb. 



Are you looking for investors for your business, contact us today, funding@omegaaccelerator.com.  


Are you interested in angel investing and helping us fund early-stage businesses? Email info@OmegaAccelerator.com


Note: These responses were collected late June/early July 2020


Sources and Links
https://deadline.com/2020/07/federal-unemployment-stimulus-benefit-targets-200-400-range-1202989404/
https://www.forbes.com/sites/zackfriedman/2020/07/01/unemployment-benefits-expire/#3f52997c56b9
https://www.weltman.com/publication-cares-act-eviction-moratorium-faqs
https://www.hud.gov/sites/dfiles/CPD/documents/CDBG_Eviction_Moratorium_QAs_2020_05_18_FINAL.pdf?utm_source=HUD+Exchange+Mailing+List&utm_campaign=8d05937a64-CDBG-Eviction-Moratorium-Q%26A_5%2F22%2F2020&utm_medium=email&utm_term=0_f32b935a5f-8d05937a64-19524733#:~:text=Yes%2C%20unpaid%20monthly%20rent%20and,ends%20on%20July%2024%2C%202020.
https://money.com/mortgage-forbearance-cares-act/
https://www.mba.org/news-research-and-resources/research-and-economics/chart-of-the-week
https://www.housingwire.com/articles/is-the-housing-market-already-rebounding-from-covid-19/
https://www.housingwire.com/articles/its-official-the-u-s-wont-see-a-housing-bubble-crash-anytime-soon/
https://www.housingwire.com/articles/what-would-it-take-to-trigger-a-housing-downturn-in-the-second-half-of-2020/
https://www.linkedin.com/in/rencarlton
https://rencarlton.blogspot.com
https://twitter.com/RenCarlton
https://www.youtube.com/channel/UCmxQWgUDlPJo0IHCIa6SzrQ
https://omegalegacyacceleratorx.com/924-2/https://www.facebook.com/TheOmegaAccelerator/
https://www.instagram.com/omega.funding/
https://rencarlton.blogspot.com/2019/09/funding-session-with-ren-carlton.html


Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.

#RenCarltonPrediction, #InvestingResidentialRealEstate, #Tri-County, #MetropolitanDetroitRealEstate, #Summer2020Report

Monday, July 20, 2020

My Predictions - Investing in Residential Real Estate





My Predictions - Investing in Residential Real Estate

Read the full artricle here:  https://rencarlton.blogspot.com/2020/07/my-predictions-investing-in-residential.html



As you know, I have immersed myself in residential real estate investing over the last few weeks, hear my predictions on residential real estate here on Tuesday morning or at rencarlton.com!



Are you looking for investors for your business, contact us today, funding@omegaaccelerator.com.



Are you interested in angel investing and helping us fund early-stage businesses? Email info@OmegaAccelerator.com.





https://www.linkedin.com/in/rencarlton

https://rencarlton.blogspot.com

https://twitter.com/RenCarlton

https://www.youtube.com/channel/UCmxQWgUDlPJo0IHCIa6SzrQ

https://omegalegacyacceleratorx.com/924-2/https://www.facebook.com/TheOmegaAccelerator/

https://www.instagram.com/omega.funding/

https://rencarlton.blogspot.com/2019/09/funding-session-with-ren-carlton.html




Tuesday, July 14, 2020

Oakland County Residential Real Estate - Comparing 2020 to 2010 + Real E...





Watch the rest of our conversation here: https://www.youtube.com/channel/UCmxQWgUDlPJo0IHCIa6SzrQ
Contact us today if you are interesting in investing in early-stage businesses, info@OmegaAccelerator.com .

Would you like to reach our network of over 21,000+ entrepreneurs and investors? - info@OmegaAccelerator.com
Sources and Links

https://www.linkedin.com/in/rencarlton
https://rencarlton.blogspot.com
https://twitter.com/RenCarlton
https://www.youtube.com/channel/UCmxQWgUDlPJo0IHCIa6SzrQ
https://omegalegacyacceleratorx.com/924-2/
https://www.facebook.com/TheOmegaAccelerator/
https://www.instagram.com/omega.funding/
https://rencarlton.blogspot.com/2019/09/funding-session-with-ren-carlton.html
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you do.