Wholesale Hotline California Wildfires Are Reshaping LA's Real Estate Market Forever | Subto Show
On today's Wholesale Hotline (Subto Edition), Pace breaks down what’s happening with the California wild fires as 300k evacuated.
Show notes — in this episode we'll cover:
- Pace breaks down the California wildfires, with 300k people evacuated and billions in damages. He explains how this disaster impacts homeowners, renters, and the real estate market.
- He highlights a major issue—40% of the burned homes still have mortgages, meaning people are stuck making payments on houses that no longer exist.
- Breakdown of the ripple effects on real estate, including skyrocketing Airbnb prices, increased demand for rentals, and the potential for mass relocations to other states.
- He shares how his company is stepping in to help fire victims secure housing using creative finance, offering low or no money down options, and even covering moving costs.
- Pace also dives into two new executive orders—one fast-tracking permits to rebuild and another banning investors from soliciting homeowners, preventing predatory offers.
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❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Podcast for entertainment purposes ONLY ❎