This month we are focusing on risk..

As a self-proclaimed Defender of the Deal, I knew it was time to uncover areas of risk in the real estate industry. Through my micro video series, I discussed some of the most pressing “pain points” for developers, investors, and owners. I also contributed to an American Express article that delves into financial risk management for both startups and mature businesses.

A common mistake that many businesses, across industries, tend to make is not treating risk management as a continuous activity.

Periodic evaluations of processes, budgets, and other factors will be key in managing risk for any business – large or small.  When it comes to real estate, it is important to consider a variety of factors that could affect any investment. High vacancies, the unpredictable nature of the market, a lack of liquidity, and problem tenants are just a small number of challenges that investors face. 

The best approach to limiting risk is to always conduct a real estate market analysis combined with extensive due diligence.

Be a constant student and learn as much as you can about the market. Inspect properties, screen tenants, and hire professionals to help you navigate the process as seamlessly as possible. While many investments carry risk, there are ways to take a more informed approach to lead to the

most favorable outcome possible. 

-Dorian

This month, I shared a series of videos discussing risk mitigation and the investor mindset. Check out my Defender of the Deal micro video series where I discuss areas of risk for developers, investors, and owners.

Here are three major areas of concern:

1.     Financial Risk – Click Here To View 

2.     Market Risk – Click Here To View

3.     Construction Risk –  Click Here To View

Content is King...

and I am excited to say that we have plenty coming your way in 2023!

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What are your limits? Care to break them?

To inspire change in yourself and your team, you must break free

from what's holding you down.

In Elevate, Robert Glazer reveals four life-changing principles - or capacities - that will allow you to overcome self-limiting beliefs, establish positive habits, and find your "why". As we look to elevate ourselves, we mean so much more than beating the competition. After all, our greatest competition is ourselves! We need to find ways to consistently outperform ourselves and our own expectations.

• Late last month, I spoke with Rodika Tollefson about mitigating financial risk. So how can we mitigate financial risk? Read the full article here:

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