In this episode, I'm going to talk about a couple of things that we've done and a couple of things that maybe you can do to manage risk. First things first, there are levers in real estate that are in your control, and there are levers in real estate that are outside of your control. Outside of your control levers includes, supplies to be delivered, interest rates when refinancing, and who’s going to buy my asset five years from now, etc. Those are all things that are outside of my control. I can't control interest rates, I can't control cap rates, and I can't control what somebody else is willing to pay for my asset. How can I minimize the effect of those while maximizing the things that I can control? So, what I do in my portfolio is I focus on minimizing the things outside of my control that I need to go right. I'm going to talk about a couple of things that we're doing inside of our portfolio to minimize risk.

Find out more how to manage risk in Real Estate in this episode!