Updated over 5 years ago on . Most recent reply
Mid-Covid/Post Covid strategy
What are your plans/strategize for investing in buy and hold real estate during the whole Covid mess and looking to the future? Will you be doing anything different? Will you be planning for a recession?
Most Popular Reply
Certainly different. Underwriting my deals more conservatively, stress testing the deal (increasing cap rate by 1-2 points, making sure the deal still pencils out at 65% economic occupancy, etc.), having ample reserves (6 months-1 year), etc. There are still deals out there, but I am assuming that Covid-19 is still an issue a year from now. Maybe I'm wrong, but it's better to be prepared.