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State of the Economy 2023 | Peoples Capital Group

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Title: State of the Economy 2023 | Peoples Capital Group


1
STATE OF THE ECONOMY 2023
  • Presented by Aaron Fragnito
  • Co founder of Peoples Capital Group LLC

www.peoplescapitalgroup.com
2
DISCLAIMER
This is not a solicitation for funds. This is an
unof?cial response to your request for
information and/or a private, proprietary and
con?dential communication and is for information
purposes only. This is not intended to be, and
must not be construed to be in any form or
manner a solicitation of investment funds or a
securities offering. Presenter is NOT a United
States Securities Dealer nor Broker nor U. S.
Investment Adviser, is a Consultant / service
provider and makes no warranties or
representations as to the Investor, Buyer,
Seller or Transaction. All due diligence is the
responsibility of the Investor, Buyer and Seller.
All parties should seek consultations from their
own independent advisors. This presentation and
the attached related documents are never to be
considered a solicitation for any purpose in any
form or content.
3
Interest Rate Predictions
1 2
Supply and Demand
Jobs Foreclosures
3
How to Navigate 2023
4
Who is Peoples Capital Group?
5
4
INTEREST RATES
PREDICTIONS
CURRENT FEDERAL FUNDS Current Rate is 4.58
PREDICTIONS
FED IS EXPECTED To raise the federal funds rate
up to 4.75 to 5
MEMBERS OF THE FEDERAL RESERVE Are projecting
that the federal funds rate will go as high as
5.1 in 2023 33 OF MARKET PARTICIPANTS (The
largest portion) expect the federal funds rate to
be back inside a range of 4.5 to 4.75 by
November 2023
5
SUPPLY AND DEMAND
A healthy amount of housing inventory is 6 months
There are currently 2 months of housing
inventory on the market in NJ
A sellers market is over 6 months of inventory
BRIGHT MLS FORECAST HOME PRICES WILL BE STABLE
IN 2023 WITH THE MEDIAN HOME PRICE NATIONALLY
RISING JUST 0.3
6
JOBS
FORECLOSURES
Foreclosure rate is 80 of pre pandemic levels
but expected to increase as courts ramp back up
post covid
There are 1.7 jobs for every unemployed person -
More jobs than workers
Atlantic City is the 5th highest US city in
foreclosures
NJ is currently 2 state in foreclosures
7
HOW TO
NAVIGATE 2023
Wear your buyers hat Invest with a long term
mindset Team up with experienced
professionals who have executed successfully in a
bear market Diversify
Focus on buy hold over flipping
Be creative with financing
8
WHO WE ARE
  • Full time real estate investor and co-founder of
    Peoples Capital Group.
  • Business owner for over 20 years, which includes
    starting and selling a healthcare billing company
    from 2003 through 2009.
  • In 2011 Seth relocated from NYC to New Jersey to
    begin a real estate investment company that
    specializes in helping people invest in real
    estate together.
  • Currently manages a portfolio of 25 million in
    Assets Under Management (AUM) and has helped more
    than 100 people invest in real estate.
  • Transacted over 300 real estate deals.
  • Well known name in the Real Estate investment
    industry throughout New Jersey, beginning his
    career as a realtor and transitioning to the
    investment side in 2013.
  • Now helps people get started and build their
    wealth in passive real estate investing.
  • Hosts the New Jersey Real Estate Network (NJREN),
    the Passive Cash Flow Podcast (YouTube)
  • Previously wrote and taught a real estate course
    at Rowan University

AARON FRAGNITO
SETH MARTINEZ
SETH MARTINEZ
  • Educates People on how to invest in real estate
  • Manages Client Relations
  • Started in Real Estate in 2010
  • Manages Strategy Operations
  • 20 Years of entrepreneurship in the Healthcare
    Real Estate industries
  • Started in Real Estate in 2011

9
RECENT HISTORICAL PERFORMANCE
11 MIXED USE UNITS IN PATERSON NJ
25 RESIDENTIAL UNITS IN PATERSON NJ
27 RESIDENTIAL UNITS IN RAHWAY NJ
ACHIEVED 24 ANNUALIZED COC RETURN
TARGETED 12 COC RETURN PROJECT AHEAD OF SCHEDULE
TARGETED 12 COC RETURN PROJECT AHEAD OF SCHEDULE
10
CONTACT
US
Peoples Capital Group LLC
Our Next Event is February 21st at the Jersey
Cyclone Brewery! RSVP while free tickets remain!
www.peoplescapitalgroup.com
908-464-0400
92 E Main St Suite 306 Somerville NJ 08876
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