In this module (24 of 46 in the Real Estate Investing Secrets course), you will learn:
How to think about risks in terms of severity and likelihood and which are the most devastating?
For each risk: what is it, how can we mitigate its impact or completely eliminate it, and what to do if we find ourselves dealing with each one?
Which risks are insurable and can be mitigated or completely eliminated?
What are the risks associated with how much you put down when buying properties?
What are the risks with rental property expenses increasing (like taxes, insurance or maintenance)?
What are the risks associated with variable rate mortgages?
What are the risks of loans being called due… and how can we avoid it?
What are the risks of having neighborhoods decline in desirability, values and rents and what to do about it?
What if rental demand declines?
How do we deal with functionally obsolete properties?
How do we deal with massive foreclosures?
How to do we deal with emotionally stigmatized properties?
How do we deal with tenants trashing a property we own?
How do we deal with the dual impact of mortgage interest rates rising?
How do we deal with a tenant not paying rent?
How do we address missing costly things on inspection?
How to deal with inadequate reserves or not having enough liquidity?
How do we deal with zoning and regulatory issues?
What can be done about over-leveraging?
How to address poor property management?
How do we deal with excessive tenant turnover?
What about the risks of fraud or scams?
Plus, much, much more…
Secrets to Risk Mitigation and Elimination
Here are the slides from the presentation for your convenience…
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