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HGTV ‘Windy City Rehab’ Host Alison Victoria Frets About Residential Home Finances In A COVID-19 World

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Alison Victoria, the host of HGTV’s Windy Metropolis Rehab, has the identical considerations many owners have because the pandemic disaster continues. She has seven properties at present in varied phases of building and the clock is ticking on their loans in a luxurious actual property market that’s at present useless and unlikely to rapidly revive.

The previous Kitchen Crashers host addressed her worries this morning on the Main From Residence podcast, hosted by enterprise podcaster John Roa as a segment on his The John Roa Show. The section focuses on executives and leaders from across the nation on how they’re coping on this time of quarantine.

In Victoria’s case, she’s pondering whether or not the foremost investments wanted to rehab her properties will repay in an unsure future. Her HGTV present focuses on rehab and flipping of residential properties in her native Chicago, nevertheless it’s additionally her full-time job.

“What’s the way forward for residential? And that means, what’s our pricing gonna appear to be?” she informed Roa. “You recognize, if I’ve received a home listed for $1.6 million proper now. In two months, is it gonna nonetheless be $1.6? I don’t know.”

Victoria has seven properties at present in movement, a part of her upcoming second season on HGTV that can bow this summer season. Her days of enforced confinement at dwelling are being spent “making an attempt to speak with my bankers and my traders and making an attempt to maintain issues afloat financially,” she mentioned. “As a result of all of my very own cash was used to fund these tasks, and if these tasks are simply sitting, then the place is my earnings? And that’s what everyone is pondering proper now, when’s my subsequent paycheck? I’m no totally different.”

COPYRIGHT_BP: Published on https://bingepost.com/hgtv-windy-city-rehab-host-alison-victoria-frets-about-residential-home-finances-in-a-covid-19-world/90533/ by Cecilia Jones on 2020-04-08T22:56:48.000Z

Proper now, it’s a number of sitting and ready. “In the meantime, I’m sitting right here going, ‘I might be ending these properties,’ However I can’t be in them doing what I’d usually do. And in order that’s scary to me as a result of clearly I don’t know once I’ll be capable to get again in these properties, and scary to me due to what’s occurred with the entire monetary establishments that I’m coping with. You recognize, I’m not a precedence.”

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About The Authors

Cecilia Jones

Cecilia Jones - Cecilia Jones loves to write about movies, music, and the most popular and exciting news.

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