What leverage reduction did the speaker report?

Name: ADJUSTING TO THE MARKET
Uploaded: 2023-03-14T19:15:03+00:00
Duration: 33 s
Channel: Ginny Bolling
Description: A short monologue from a YouTube video ("ADJUSTING TO THE MARKET" by Ginny Bolling, uploaded March 14, 2023) advising on reducing leverage in real estate…

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ADJUSTING TO THE MARKET

14 Mar 2023 · 1 min

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0:33

A short monologue from a YouTube video ("ADJUSTING TO THE MARKET" by Ginny Bolling, uploaded March 14, 2023) advising on reducing leverage in real estate to mitigate risk. The speaker reports lowering borrowing from about 80% LTV to roughly 60–65% and states that debt is the largest source of risk, noting increased comfort with newly acquired deals after deleveraging.

Questions this video answers

From about 80% borrowers to around 60–65% borrowers.

Chapters

I would say the number one thing that we've done that has served us well is lowering leverage. So we've come down from being 80% borrowers to, you know, around 60, 65% borrowers, which is really, I think, a wise thing to do in today's market. But I think it's also wise to do in general. You know, debt is the largest source of risk in real estate, in my opinion. And so with lower leverage, we're feeling very comfortable with the new deals that we've acquired.