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Rental State of Mynd 2021 with Don Ganguly
Manage episode 281651001 series 2798426
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There were a lot of notable things that happened in 2020 in the real estate world that are likely to carry through to 2021. From the moratorium on evictions, urban flight, relocation of tech companies and the impact of remote work, to changes in property prices and appearance of new hot spots in the market, we can say that 2020 was a wild ride for everyone - landlords, tenants, investors, home buyers and property managers.
Don Ganguly, Founder and CEO of Home Union, now Mynd Investor Services, helps us wrap up the year behind us and discuss the trends that we will be seeing in the upcoming period.
What We Cover
3:34 - Don’s background and how Home Union became a part of Mynd Property Management
8:00 - The benefit of having remote operation in business DNA in 2020
9:25 - The most notable trends in the real estate markets in 2020
14:33 - The impact of the moratorium on evictions on landlords, investors and tenants
17:52 - Opportunities in the construction industry and development in 2021 and beyond
22:07 - Opportunities for first-time home buyers with FHA loans
26:33 - Urban flight and remote work as normalization forces in real estate markets
28:58 - Which cities are going to be ‘hot’ in the upcoming year
32:17 - How Mynd Investor Services can help real estate investors
Resources
- HomeUnion/Mynd Investor Services
- FHA Homebuyers Loans
- Connect with Don Ganguly on LinkedIn
Meet Don Ganguly
Don Ganguly is an entrepreneur and expert in the acquisition and management of residential real estate. He was the founder and CEO of what is now Oracle Financial Services BPO (originally Equinox). He was also an advisor to Acqura Loan Services, a special servicer of distressed residential loans, now owned by Apollo Funds. Don has a degree in Engineering from IIT Kharagpur and an MBA from the Wharton School where he has been a mentor. Don is a recipient of the Housing Wire Vanguard Award which recognizes leaders of businesses contributing to the growth of the housing economy and its various sectors, including lending, servicing, investments, and real estate.
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