BIGGEST RISK with Vince Gethings
Commercial Real Estate Pro Network · J Darrin Gross
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Show Notes
J Darrin Gross
If you're willing, I'd like to ask you, Vince Gethings, what is the BIGGEST RISK?
Vince Gethings
What I've seen, it'd probably be over leverage. I know it's kind of the easy answer, but a lot of the issues that I've seen of people being forced their hand is forced to take action is because they're an over leveraged position and they don't have they don't have the working capital. They don't have the liquidity to kind of weather the storm. So they're being forced to take action where a lot of kind of more seasoned investors are sitting on their hands right now, and they can afford to do so, and they're not, they're not being forced to do, to buy or sell. So that, that is what I see right now. As far as the biggest risk of the people that you know we had, we had the survive to 25 mantra, all in the last two years. And that's the that's not working. So maybe it's survived for 26 527, but, um, but, and I think, I think that could have been a lot of that could have been prevented if just keeping keeping leverage in check. And, yeah, that's probably the, probably the biggest one. I can probably go half a dozen more, but that's one I'm going to go with.
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