268: COVID-19 Economic Impact David Sussman, Valcor Worldwide

The Commercial Investing Show

David Sussman, Founder and CEO of Valcor Worldwide joins Jason Hartman in discussing insights into what is going on with small-medium sized business, real estate, and the impact of COVID-19. David suggests that mainstream media has narrowed its focus on Coronavirus and the 2020 election; meanwhile, it hasn’t covered much to any of the potential economic tsunamis we face. Like lungs, our economy breathes in and out, and we are a few years late to our regularly scheduled recession.

Key Takeaways:

[2:45] The mainstream media can only focus on one or two top stories at a time, the pandemic, and the 2020 election. David predicts a possible economic tsunami headed our way, a story the media cannot currently focus on.

[6:10] Warehouses and industrial real estate spaces are increasing.

[8:45] 67% of employees in the country rely upon the 32 million small US businesses.

[13:00] Small retail is dying, especially in bluer states.

[16:45] What kind of financing is available to small businesses (2020)?

[19:00] What are merchant cash advances?

Websites:

ValcorWorldWide.com

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JasonHartman.com/properties

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