An Evening with Real Estate Expert Rick Sharga

[Lloyd Segal]

Real Estate Investing in an Uncertain Economy. Home sales have fallen 20% since last year. Fix-and-Flip sales have declined for three consecutive quarters. Rents have flattened or fallen in most markets across the country. Financing costs have doubled since the beginning of 2022, and the threat of a recession looms large. Is it crazy to even think about investing in real estate today? Join us as we explore what's going on in the U.S. economy, take a look at inflation and the impact of the Federal Reserve's attempts to get it under control, analyze trends in the housing market, offer insights on what lies ahead, and why it might NOT be so crazy after all to be investing in today's uncertain environment. And who will we explore these provocative questions with?

An Evening with Rick Sharga. There aren’t many celebrities in the real estate world, but there is one very special individual who stands out. When CNN or Bloomberg need a real estate expert, there is only one person they interview. When CBS or NBC News need analysis of a difficult real estate issue, there is only person they call. When CNBC or ABC News need a real estate authority on a breaking story, there is only one person they turn to. When NPR or the Wall Street Journal need a quote from a real estate expert, there is only one person they ask. Who else gets listed on Inman News’ “Top 100 Influential Real Estate Leaders” year after year? Heck, other than Kim Kardashian, probably no one appears on TV, radio, online, or in print more frequently than Rick Sharga, the number #1 authority in real estate economics. And we have him exclusively at our July 13th meeting. The title of Rick’s presentation will be “Real Estate Investing in an Uncertain Economy.” During his presentation, Rick will discuss:

• · What’s happening in the U.S. and California economies?
• · What are the latest sales/price trends in Southern California?
• · When can we expect more inventory to come to market?
• · What’s happening with inflation and the Fed’s efforts?
• · What’s happening in the rental market?
• · Will there be a wave of foreclosures?

Date: Thursday night, July 13, 2023, 6:30 to 9:30 pm.

Location: Iman Cultural Center, 3376 Motor Avenue (between National and Palms), Los Angeles, CA 90034.

Parking: If there is no available street parking when you arrive, there are two FREE parking structures just two blocks away. The first structure is at the northeast corner of Motor and Palms. The second structure is at the northeast corner of Motor and National. From either lot it is short two block walk to the Iman.

Free Admission: Admission to our monthly meetings is always FREE (COMPLIMENTARY), but reservations are required.

RSVP: To register, press the red button “Register Here” located directly below the Rick Sharga flyer on our homepage (www.LARealEstateInvestors.com). LAC-REIA Website

LAC-REIA. Founded in 1996, Los Angeles County Real Estate Investors Association is the oldest and largest investor group in California. Our group helps people invest in real estate by offering (1) education, (2) networking, and (3) mentoring. If you need help with any of our services, please let us know.