How is Covid-19 affecting the real estate industry?
In today’s episode of Passion for Real Estate Investments, COO of National Real Estate Investors Association, Charles Tassell, talks about the state of the real estate industry during the Covid-19 pandemic. From working on public policies and legislation, to serving on national boards, to being a Deer Park, Ohio Council Member, Charles has spent a significant amount of time affecting change through his many successes.
For over 20 years, Charles has been working on public policies, advising policy development for multiple municipalities, counties, and states. He has extensive experience in real estate policy development, where he has served on local and international panels on issues including crime, environmental issues, foreclosures, and even dealing with methamphetamine labs. In 2015, Charles founded the non-profit, Street Rescue. He is currently also a campaign consultant, a Pleasant Ridge Baptist Church Elder, and serves as a board member for COAST, and Maximum Freedom, Inc.
How does Charles see the real estate industry playing out during the Covid-19 pandemic? We hear his thoughts on the Rent Strike, and he makes some predictions about certain real estate markets. He tells us about the many opportunities that are available for entrepreneurs to expand their business during the pandemic, and how REIAs are helping people cope with the shock of the current economic situation.
If you’re looking for ways to improve your business, or you want to get involved with your local REIA, this episode will point you in the right direction
Highlights of the Interview:
- For anybody who wants to be an entrepreneur, real estate gives you an option to grow, and to grow beyond anything you can do in a JOB.”
- “Not paying rent, or doing a rent strike, is actually not paying essential workers.”
- “We’re living virtually. This is a great time to improve your skills technologically.”
- “Wealth is more than just the dollar amounts.”
- Charles is down to 120 units from 232 units, and there’s a good reason why.
“Buy when everyone else is selling. Sell when everyone else is buying… Everybody’s buying right now.”
About Charles Tassell
Charles is the Chief Operating Officer for the National Real Estate Investors Association and consults for regional and local organizations, as well as developers. He has been working on public policies for the past 20 years, and has advised policy development for dozens of states, counties, and municipalities, including authoring several pieces of legislation. He also serves on several state, regional and national boards.
Charles is Council Member in Deer Park, Ohio, a Board member of COAST, and Maximum Freedom Inc., as well as an Elder at Pleasant Ridge Baptist Church. Charles founded the non-profit Street Rescue in 2015. Charles is also the Managing Member in a real estate development group owning several apartment buildings. Charles has been married to Regina Tassell for 24 years and has three children: CJ 18, Regan 13, and Eliza 8.