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ADJUSTING TO THE MARKET BY ROB BEARDSLEY

Name: ADJUSTING TO THE MARKET BY ROB BEARDSLEY
Uploaded: 2023-04-09T19:20:39+00:00
Duration: 33 s
Channel: Ginny Bolling
Description: A short transcript excerpt of Rob Beardsley advising that lowering leverage (reducing borrowing from ~80% to ~60–65%) has been their most beneficial…

9 Apr 2023 · 1 min

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0:33

A short transcript excerpt of Rob Beardsley advising that lowering leverage (reducing borrowing from ~80% to ~60–65%) has been their most beneficial move, reducing risk and increasing comfort with new property acquisitions. He emphasizes that debt is the largest source of risk in real estate and that lower leverage is prudent in the current market and generally.

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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.