If you’re in the real estate industry, you probably know the risks.
Bad locations, negative cash flows, high vacancies, and problem tenants can cause chaos or make you rethink if you made the right choice.
Most understand that it’s necessary to take more investment risk in order to achieve higher returns. But how much is appropriate? And how can you quantify investment risk to figure out if it’s a chance you want to take?
In this episode, I break down the key takeaways of a recent win in multi-family apartment investing.
Show Highlights Include
- How to go from being in debt to $954 000 in profit in 12 months (0:20)
- The time element of deals that most ignore (and why time is a deal breaker in most cases) (14:45)
- 4 things banks look at when it comes to refinancing (and how to know when it’s time to exit out of the deal)(14:54)
- The unexpected advantage of being in an industry where being mediocre is just fine (18:20)
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