Think-Realty-Magazine-November-2018

FROM THE EDI TOR- IN-CHI EF

PUBLISHER Eddie Wilson

Investors Cannot Afford a Blind Eye

CEO, AFFINITY WORLDWIDE Eddie Wilson | EWilson@AffinityWorldwide.com

EDITOR-IN-CHIEF Carole VanSickle Ellis CEllis@ThinkRealty.com SALES MANAGER Rodney Halford RHalford@ThinkRealty.com 816-398-4111 x86122 NATIONAL SALES MANAGER Teresa Stanton TStanton@ThinkRealty.com 816-398-4111 x86224 CONTENT DIRECTOR Abby Tillman ATillman@ThinkRealty.com FULFILLMENT COORDINATOR Blair Pierce BPierce@ThinkRealty.com DESIGN CONSULTANTS Rivet | www.WeAreRivet.com

s our country continues to be bitterly divided in the political

deep into how his multimillion-dollar wealth-management firm is analyzing the effects of tariffs, trade wars, and other economic policies on real estate investments. His transparency pulls back the curtain on how huge financial advisors and managers make decisions about real estate, technology, and other investment factors and how that process can be applied in any real estate business. Our team broached additional difficult topics, including: • Investors’ role in national and local legislation and policy formation • Top policy issues affecting real estate investors today government more than they prefer to think This month, perhaps even more than any other, we have worked hard and long to retain objectivity while presenting all the information and as many perspec- tives as possible. It has not been easy. I do not expect reading everything in this issue will be easy, either. Of course, real estate investors know better than anyone that “easy” is not usually part of the success equation. Thank you for allowing this magazine to play a part on your team. We hope this month, as every month, this content makes your real estate business stronger, more profitable, and increas- ingly sustainable. Now, take a deep breath and dive in. You’re in friendly waters. We’re all investors here. • • Much-needed changes in the mortgage • Why investors might need the federal

arena, it is tempting to simply “turn off” the vitriol. On both sides of the political aisle, we struggle with intense acrimony over policies and perspectives that seem impossible to reconcile. As a real estate investor, the allure of tuning it all out

becomes nearly impossible to resist as the rhetoric escalates. After all, everyone needs somewhere to live. We place our faith in the market and the numbers, not in people and politics, right? Wrong. In today’s increasingly connected world, real estate investors cannot afford to turn a blind eye to politics and policy. What happens in one market sets precedent in another. The economic policies set at a national level will affect certain markets more than others, some with incredible positivity and some, potentially, with catastrophe. Make no mistake: Real estate investors will be the source of stability in housing in both scenarios. You must be paying attention. Think Realty Magazine strives to remain ob- jective on all fronts, particularly in the political arena. I would argue as editor-in-chief that the magazine team’s only bias, such as it is, is a passion for the real estate investing population. You, as real estate investors, deserve someone exclusively on your side, providing you with the education and information you need to make strategic decisions in your business. Think Realty Magazine is that team member. Because of this ideal, it is our responsibility this month to take a difficult look at how this Novem- ber’s mid-term elections and also longer-term policy decisions may affect national, regional, and local housing markets. We do so in this month’s special section on policy and legislation. This month, our cover feature, George Koo, dives

ART DIRECTOR Emily Bowers

CONTRIBUTING WRITERS Daniela Andreevska, Jennifer Jo Cobb, Anita Corsini, Rich Fettke, Samuel K. Freshman, Gene Guarino, Ken Lacy, Linda Liberatore, Tammy Phelps, Greg Rand, Marco Santarelli, BreAnn Stephenson, Eddie Wilson and Ingo Winzer.

COVER PHOTOGRAPHY Rob Tannenbaum

FOR ARTICLE REPRINTS :: Contact Jeremy Ellis at Reprint Pros, 949-702-5390. www.reprintpros.com. SUBSCRIPTIONS :: The annual subscription for Think Realty Magazine is $28.95 in the U.S. Order online at www.ThinkRealty.com or call 816-398-4085. Provide your full name, address and telephone number. DISCLAIMER :: Think Realty Magazine , its owners, contractors, distributors and their respective representatives do not provide tax, accounting, investment or legal advice and make no guarantee as to the effectiveness or success of any investment or tax strategies discussed herein. Please consult your own independent adviser as to any questions you have or decision you are contemplating. ABOUT THIS MAGAZINE :: ThinkRealtyMagazine isapublicationof AffinityRealEstateMediaLLC.Reproductionoruseofanyeditorial orgraphic,withoutpermission, isprohibited.Wearenotresponsible for thecontentofanypaidadvertisements.Forreprintrights; toob- tainadetailedstatementofourprivacypolicy;and forallsingle-copy requests,addresschangesandothersubscription inquiries:

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CAROLE J. VANSICKLE ELLIS, EDITOR-IN-CHIEF

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