Eyes Wide Open Investing

By: Don Ganguly
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  • Summary

  • We serve the small residential real estate sector with a combination of on-the-ground experts and innovative technology. Headquartered in Oakland, Calif., we boost efficiencies for property owners and improves the rental living experience for residents.
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Economics Leadership Personal Finance
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Episodes
  • Effects of COVID-19 on mental health - volunteering for medical humanitarian work (#008)

    Effects of COVID-19 on mental health - volunteering for medical humanitarian work (#008)
    Aug 6 2020
    Our guest today is Dr. Anandhi Narasimhan is a child and adult psychiatrist and has won the Jewel of India award for her contribution to medicine. She specializes in disaster and international psychiatry and has seen and studied the effects of the COVID pandemic around the world. Dr. Narasimhan has given her services in volunteering for medical humanitarian work throughout the world. We are going to discuss the effects of COVID on mental health in our current time.  "I have been fortunate enough to be allowed to understand how mental health works throughout the world and how I may be able to contribute my knowledge to help improve mental health conditions. She talks about the variety of responses and circumstances that are showing up as a result of the COVID virus, especially for minorities who do not have resources for medical care. She treats patients in this demographic virtually and provides community outreach and education. Working to improve the mental health stressors with her patients, she discusses instances of domestic violence, how she is working with schools to know what is going on in children's' homes, and how healthcare workers are getting assistance for stress incurred on the job. Dr. Narasimhan stresses the importance of primary healthcare activities such as washing hands, social distancing, and staying at home. However, some individuals are not able to get proper healthcare because they are not mobile and are stuck at home. Healthcare advocacy groups are advocating for those in the medical community, and the California Medical Association is setting up clinician coaching programs to provide emotional support to healthcare workers.  In This Episode:  [01:22] Dr. Narasimhan gives us her background and how she became a psychiatrist.[04:40] Situations she is seeing as a result of tension caused by COVID.[06:24] What she is doing for her community outreach program.[08:37] How Dr. Narasimhan has provided outreach virtually to low-income families.[12:19] Client cases that she currently has on her patient care list. [17:21] Removing the stigma of the guilt when an abused individual reaches out for help.[21:23] Training individuals to command some of the responsibilities of reach out work. [24:28] Correlations between low-income, physical health and mental health. [30:02] Assistance for our front-line healthcare workers.  [35:46] Businesses reopening and healthcare risk associated with exposure. [38:50] America’s response to the virus was slow and lagged behind other developed countries. [41:44] Her advice to those who are stuck at home and losing hope.  Guest Bio Dr. Anandhi Narasimhan is a Board Certified Physician accredited by the American Board of Psychiatry and Neurology specializing in Adult, Child, and Adolescent Psychiatry. Dr. Narasimhan completed her adult psychiatry residency training at Duke University Medical Center in Durham, North Carolina, and completed her child and adolescent psychiatry fellowship training at University of California Los Angeles Medical Center in Los Angeles, California. She has distinguished herself in child trauma and neuroimaging research and has published her work including co-authoring a book chapter, “Child and Adolescent Responses to Trauma.”  Currently, Dr. Narasimhan runs a private practice in Westwood, Los Angeles, in addition to serving as an independent contractor for Aviva Family and Children’s Services and Masada Homes, which are both non-profit agencies with the Department of Mental Health. She is a popular media guest in the field of psychology and has had several media appearances including CNN, Fox News, USA Today and is available for speaking engagements as an expert discussant. Subscribe to Eyes Wide Open Podcast Apple Spotify Android Stitcher Links and Resources Eyes Wide Open Real Estate Investment on YouTubeEyes Wide Open InvestingConnect with Don Ganguly on LinkedInEmail Don GangulyDr. Anandhi Narasimhan on the web
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    43 mins
  • Turning Personal Tragedy into a Mental Health Cause (#006)

    Turning Personal Tragedy into a Mental Health Cause (#006)
    Jun 24 2020
    Today’s episode is focused on Eyes Wide Open giving with our very special guest, Andy Pillay, who supports a mental health cause. In this show, we will hear his heartbreaking story and the resolve Andy has displayed in taking on this venture. He found in his work at his pharmacy that patients with schizophrenia, bipolar disorder, and severe depression were not being adequately taken care of inside the medical field. Andy’s heart went out to those suffering from these mental illnesses, their families, and others who they impacted. He wanted to make a difference for these patients and then found out his son was schizophrenic. Andy’s son, now an adult, stopped taking his medication. Since his son was an adult, he could not get medical information from his doctors, so he did not know his son stopped taking medication. He then started a different medication, and Andy soon realized his son started being quieter and slipping into a darker place emotionally. From time to time, he would talk about life being “hopeless.” Nolan, Andy’s son, had problems trying to hold onto a job for more than a day or two. He attended community college and had a good command of the English language. His dad suggested that he teach English to non-English speakers. Nolan had a black belt in Taekwondo. With his parents getting older, Nolan was concerned about finances and being able to support his parents in their older life. “He was a very loving child, amiable. He came from a family of high achievers. I think that he was disappointed in the fact that he wasn’t making progress. He found that he was not capable of keeping up with them.” Nolan decided that he wanted to “save his family,” and in doing so, he was able to purchase a gun, and on January 31st, 2017, he walked into his home and shot his mother and his younger brother. He was then taken away into police custody, and his father was thrown into a world of living without his family and assisting his son’s on his court case. Andy has created the organization “Caring For the Mentally Ill,” a 501-3C organization, to provide those with mental illness a chance at life. In This Episode: [01:09] Andy tells us about his background and his story growing up in South Africa.[03:53] He talks about his experience with people who had seriously ill mental disorders.[07:45] Symptoms of these three mental illnesses and how they impact family.[10:34] How Andy’s son was diagnosed with schizophrenia.[13:14] The wide-ranging and deep rooted side effects of antipsychotic drugs.[18:27] His son, now an adult, changed his medication and started to feel hopeless.[23:54] Nolan was unable to hold a job and earn money, and had a feeling of responsibility of taking care of his parents.[27:25] Andy’s other son, Nolan’s brother, was an exceptional artist and was successful.[29:01] Nolan’s failure to accomplish what was important to him - taking care of his parents.[30:15] How Nolan purchased a gun and killed two members of his family in his home.[34:34] Both attorneys decided that Nolan’s case was not guilty in the case of insanity.[38:40] Andy talks about his cause and charity he is supporting. Guest Bio Andy Pillay grew up in South Africa and came to the US to work in the pharmaceutical industry in 1991 with his wife and two elementary-school-aged sons. He found the opportunity to work in the States appealing, and this, along with the political unease of his country, led him to make a move westward. While working in the pharmaceutical industry, he found that there was a group of severely ill patients with mental diseases that were neglected, and research for their illness was not adequately funded. One of his sons was then diagnosed with schizophrenia and was seeing a psychologist and psychiatrist. Link & Resources Eyes Wide Open Real Estate Investment on YouTube Eyes Wide Open Investing Connect with Don Ganguly on LinkedIn Email Don Ganguly Visit website: Caring For The Mentally Ill Charities Email Andy Pillay
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    45 mins
  • Ex Trulia Chief Economist on Investing in Expansive and Expensive Cities (#007)

    Ex Trulia Chief Economist on Investing in Expansive and Expensive Cities (#007)
    Jun 3 2020
    Issi Romem was the chief economist at Trulia and had a Ph.D. in Economics from Berkeley. He is a published author with many papers on real estate trends, city real estate data and writes about the current pulse of real estate investment. Growing up in Israel, Issi has always cared about cities, liked looking at buildings and maps from an early age. He is using his background in economics to assist Trulio and other startups with publicity through research. He talks about the affordability crisis, outward expansion, and suburban sprawl, their patterns, and the increase in density of cities since the 1970s. Traditionally, we have used suburban sprawl to build homes for populations outside of cities, however, once this sprawl slows down, the prices of housing are being pushed up. As a result, we are seeing cities on the coast, such as California and the Northeast becoming very expensive. Grand Policy Changes, how the cost of living in expensive cities drives industries and careers available in these cities, and how development patterns can change are all variables that drive investment opportunities. A new trend in coastal towns is people coming into coastal cities from other countries overseas. The challenge for cities is to increase growth while keeping the cost of living from exploding. Listen in to find out what cities have a legacy, coastal, and expansive traits, where you will see better yield as far as appreciation in apartment rentals and the different variables and characteristics of expansive cities versus coastal cities. Learn what factors are the root causes of expansion in American towns, Issi’s views on zoning, and what factors will need to change to fix the housing affordability issue. Guest Bio Dr. Romem is the founder of MetroSight and a fellow at the Terner Center for Housing Innovation at U.C. Berkeley. He has also served as Chief Economist of Trulia and Senior Director of Housing & Urban Economics at Zillow. His research on metropolitan growth patterns, construction trends and housing has been featured in major publications including The New York Times, The Wall Street Journal, Bloomberg and more. He regularly speaks at industry and research forums. Prior to that, Issi served as Chief Economist of BuildZoom, advised the Rentonomics team at Apartment List, and worked as an economist at OnPoint Analytics and the Bay Area Council. He earned B.A. and M.A. degrees from Tel Aviv University and the Hebrew University, and a Ph.D. in economics from U.C. Berkeley, where he has also taught as an adjunct professor.   Subscribe to Eyes Wide Open Podcast Apple Spotify Android Stitcher   Links and Resources Eyes Wide Open Real Estate Investment on YouTube Eyes Wide Open Investing Issi Romem on LinkedIn MetroSight Eyes Wide Open Real Estate Investment  https://www.youtube.com/channel/UCxlRIh8MARsGSVfwLW0VfiA/ Eyes Wide Open Investinghttps://www.eyeswideopeninvesting.com/ Email Don Gangulymailto:don.ganguly@mynd.co  Connect with Don Ganguly on LinkedInhttps://www.linkedin.com/in/donganguly/    In This Episode: [02:00] Issi gives us his background and why he chose economics as his major at Berkeley. [02:56] Where and when you want to invest into a city based on real estate data and trends. [06:10] Cities who are a magnet for workers and have high population density may not be a great investment.  [08:30] The new concern for coastal cities: who can live there as opposed to how many people can live there. [09:47] Expansive cities and the dynamics involved in their real estate. [12:35] How the specifics of properties matter when choosing your next real estate investment. [14:34] Three factors which are the root causes of expansion of American cities. [18:34] Issi’s view on zoning when investing in real estate. [23:20] The solution to housing affordability.  [24:31] Homelessness epidemic and social impact, especially on the West Coast. [26:01] Legacy cities and solving the financial problems of a legacy city. [29:50] “The Silver Tsunami”, the effects of an aging population on real estate. [35:17] How many of the 6.5 million homes that are sold will be in the Silver Tsunami category? [39:20] Fluctuations in real estate and our current economy. [42:20] Marriage, family, and how these factors affect housing and walkability in city environments.  
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    44 mins

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