Our rates are low, our application is quick and easy! We can get you clear to close in as little as 10 days!
NMLS ID # NMLS # 228246
William Rapp, based in Houston, TX, US, is currently a Capital Advisor at Medallion Funds, bringing experience from previous roles at eXp Commercial, NEXA Mortgage, Viking Enterprise LLC and Sun Realty - Houston. William Rapp holds a 1997 - 2001 BBA in Finance @ Texas A&M University. With a robust skill set that includes REO, Sellers, SFR, FHA financing, Reverse Mortgages and more, William Rapp contributes valuable insights to the industry.
Great experience purchasing our first home! Bill was easy to reach and always able to answer any questions or concerns.
Buying your first home can be both exciting and nerve-wracking at the same time. With so many things to consider and....
Mortgages can be tricky, and it's easy to make mistakes that can end up costing you dearly. That's why we've put together this list....
Let's talk about some ways you can improve your credit score! Your credit score is actually a big deal, and it can affect...
š Election 2024: Key Issues for CRE Investors š¼
šø Housing Crisis & CRE: Trump vs. Harris Plans š
Alright, folks! The big day is almost hereāElection Day 2024! No matter who youāre rooting for, whether itās former President Donald Trump or Vice President Kamala Harris, this election will have a ripple effect on the commercial real estate world. And if youāre in CRE, youāre probably asking yourself, āWhat does this mean for my business?ā Well, letās dive into the key issues and how this election could shape the industry in the years to come. š
Typically, election years are thought to bring a slowdown in commercial real estate deals, as investors wait to see who wins. But guess what? Data says otherwise! Deals tend to hold steady despite the election buzz. However, 2024 isnāt your typical election year. With inflation sticking around, interest rates staying high, and lingering post-pandemic uncertainties, things are different. The usual āwait-and-seeā approach? It might just be more like āwait and worryā this time around! š¬
Letās be honestāCRE is a multitrillion-dollar industry that dances to the beat of economic policy. And the economy is front and center in this election. Both candidates have different views on issues like taxes, interest rates, and trade policies, and these will all play into the health of the CRE market.
Trump is all about deregulation and lowering taxes, which could encourage more CRE investment by easing restrictions and cutting costs for developers. Harris, on the other hand, leans toward incentives, especially for housing, with tax credits and subsidies aimed at addressing affordability. Either way, changes are coming that could shake things up for developers, investors, and property owners alike! š¢š”
One of the few things both Trump and Harris agree on? Housing costs need to come down. But their plans to tackle the crisis couldnāt be more different. Trumpās approach centers on loosening regulations, particularly around zoning, to spur more single-family home development. Harris is looking to incentivize developers to build affordable housing with tax credits and grants. For CRE, this means the future landscape of housingāsingle-family or multifamilyācould look very different depending on who wins. And for those involved in multifamily projects, this is definitely something to watch! šļø
Project 2025 isnāt an official Republican platform, but it gives us a glimpse into the direction a Trump administration could take. One big takeaway? It leans heavily into single-family zoning, advocating against expanding multifamily developments. This could be huge for CRE, especially in urban areas where multifamily projects are essential to meet housing demand. Whether this approach will help or hurt is up for debate, but one thing is certain: zoning policies will be in the spotlight. š
Why is housing affordability front and center this election? Because itās affecting voters in critical swing states where rent has become increasingly unaffordable. The average renter in these states is earning 17% less than whatās needed to afford median rent. With housing such a major concern, both candidates will need to address it to win over voters. And for those in CRE, changes in housing policy could translate to shifts in demand, tenant demographics, and rent stability.
As we head to the polls tomorrow, know that no matter who wins, commercial real estate is in for some changes. The market will continue to evolve, shaped by new policies and economic realities. For now, keep an eye on housing policies, tax changes, and economic plansāthese will play a massive role in the future of CRE.
So, go vote! And stay tuned, because the future of CRE may look a whole lot different based on the results of Election 2024. Letās get out there and make our voices heard! šŖ
Iām an experienced Commercial Real Estate Mortgage Broker, please feel free to reach me at 281-222-0433.
#Election2024 #CommercialRealEstate #HousingCrisis #CREInvesting #PropertyDevelopment #CREEconomy #Vote2024 #EconomicPolicy #AffordableHousing #FutureOfCRE
https://www.billrapponline.com/
https://medallionfunds.com/bill-rapp/
https://houstoncommercialmortgage.com/
https://findamortgagebroker.com/Profile/WilliamRappJr28883
https://doctorvideo.billrapponline.com/
https://veteransvideo.billrapponline.com/
https://mortgageviking.billrapponline.com/
https://fha203h.billrapponline.com/
https://renovationvideo.billrapponline.com/
https://www.smartbizloans.com/partner/vikingenterprisellc/bill
https://www.fastexpert.com/loan-officer/bill-rapp-95119/
https://billrapponline.com/financingfuturescre-houston-katy
https://www.smartbizloans.com/assist/partner/medallionfunds/bill
https://billrapp.commloan.com/
Ā© 2023-2024 Bill Rapp, Medallion Funds LLC, Director of Capital Advisory
Buying your first home can be both exciting and nerve-wracking at the same time. With so many things to consider and....
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy
Copyright Ā©2021 | Mortgage Viking Team
Licensed to Do Business | NMLS # 228246
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright Ā© 2021 | Medallion Funds
Corporate | NMLS ID NMLS # 1825831
Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014
Corporate NMLS NMLS # 1825831 | Company Website: https://medallionfunds.com/bill-rapp/
Copyright Ā©2021 | Mortgage Viking Team Licensed to Do Business | NMLS # 228246
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply
Corporate | NMLS ID NMLS # 1825831
Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014 https://medallionfunds.com/bill-rapp/
Facebook
Instagram
X
LinkedIn
Youtube
TikTok