The complete and utter unknown of what’s going on in the market is crazy but we have to be ready for it. So today, we talk to Carolina Capital Management’s Wendy Sweet and Bill Fairman about surviving high uncertainty, volatility, fear over some kind of recession, and adjustments they’re making to operate in this space.
Wendy Sweet
Visionary at Carolina Capital Management. Her goal is to guide and assist like-minded people to build their wealth and allow them to impact the lives of family, friends and community through a proven lending model in the Carolina’s while providing strong returns for real estate investors.
Bill Fairman
Owner/Co-Founder/Visionary of Carolina Capital Management/Carolina Hard Money. He is Passionate about helping others secure financial freedom.
Carolina Capital is a hard money lender serving the needs of the “Real Estate Investor” and the “Small Builder” borrower who is striving to build wealth and generate income for themselves and their families. We offer “hard money rehab loans” and “Ground up Construction Loans” for investors only in NC, SC, GA, VA and TN (some areas of FL, as well).
As part of their business practices, they also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions.
HIGHLIGHTS OF THE EPISODE
00:23 – Guest Intro: Wendy Sweet and Bill Fairman
00:46 – What’s new and exciting in the world of Bill and Wendy
01:44 – High uncertainty, substantial volatility, and fear over recession.
04:14 – Adjustments made for this environment
10:41 – Adjustments for high inflation, higher interest rates, and higher cap rates
16:27 – Product you provide and what you charge
20:25 – Why not get less competitive and raise interest rates?
24:40 – Good cop, bad cop
29:33 – Parting thoughts
Thank you for joining us in another episode. We are committed to inviting more guests that give value to our real estate journey. Stay tuned for more episodes. To learn more, visit our website at www.tempofunding.com.
CONNECTING WITH THE GUEST
Website: https://www.carolinahardmoney.com/
Wendy Sweet
Linkedin: https://www.linkedin.com/in/wendysweethardmoneylender/
Bill Fairman
Linkedin: https://www.linkedin.com/in/bfairmancarolinahardmoney/
