The world of real estate and real estate investing can be challenging for the average person to navigate, and yet, understanding how these sectors operate can be crucial, for both homeowners and investors alike. Jacques Poujade is a business expert with more than three decades of experience in these industries. He is currently a managing partner at LendPlus, a real estate brokerage and financing firm. Poujade understands just how complex these topics can be and sat down for an interview on the mortgage industry, his life, and professional growth.
Jacques, how did you get your start?
Poujade: I started off by getting my Bachelor’s degree in commerce from Concordia University. After that, I got my Master’s in Finance from McGill University, and began my career in a supervisory position at Coopers & Lybrand. I know what it’s like to work your way up from the ground level. I worked at several other firms, as well as at the First National Bank of Boston, and Zimcor Group. Having this variety of experiences has been a huge key to my success, because I have seen how many different kinds of business work, at many different levels.
What attracted you to real estate and real estate investing?
Poujade: I believe that every family, individual, and investor should be able to navigate both real estate, and real estate investing. I see just how complicated these areas can be for the average person, and I’ve made it my life’s work to help people in this area. From homeownership to investment opportunities, I know that it’s all within reach for those who want it.
What is the current state of the mortgage industry?
Poujade: Mortgage rates have actually been lower than was originally forecasted, which has left many lenders in the industry recently inundated with new mortgage applications. Almost all mortgage experts predicted 30-year fixed mortgage rates would stay below 4%, but they’re currently quite low, lower than expected. In general, this is good news for homeowners looking to finance their home, but could lead to increased competition for housing, as well as increased amounts of bidding wars. Plus, if you’re interested in selling your home, I recently talk about the 5 signs it’s time to sell.
How can someone help jump start their professional growth?
Poujade: As someone who has been in this same industry for 30 years, I definitely understand how one can crave professional growth. My advice is to give yourself a variety of experiences, take on new roles, and work at different organizations over the course of your career, so you have a diverse background to pull from. This can really help you once you want to deepen your career, because you can pull from past experiences.
How can someone increase their overall productivity?
Poujade: I’m always looking to keep myself inspired, and productive. I recently shared three morning habits that can help with your productivity. These are steps you can take to stay inspired and motivated, and you have the power to change your overall outlook if you feel like you’re in a funk. Especially if you’re in charge of your own business or venture, or you’re an entrepreneur or investor, you can take steps to boost your productivity and your business, no matter what field you’re in.
About Jacques Poujade
Poujade is a founder and managing partner at LendPlus, based in Aliso Viejo, California. For latest news and expert advice from Pouajde, you can follow him on Behance.