This might be the biggest risk to your real estate portfolio in the future…
The climate has been a hot topic in the news lately. Regardless of what your opinions are on it, there’s no denying that the climate in the market where your real estate assets are located can have a severe impact on your wealth. For example, a devastating hurricane can cause millions of dollars in damages. That’s why it’s important to understand the CLIMATE RISK associated with your property! According to Neal Bawa, today’s guest, this is an often overlooked factor that investors need to start paying attention to.
Neal Bawa is a technologist who is universally known in real estate circles as the “Mad Scientist of Multifamily.” Besides being one of the most in-demand speakers in commercial real estate, Neal is a data guru, a process freak, and an outsourcing expert. Neal treats his $1+ billion-dollar multifamily portfolio as an ongoing experiment in efficiency and optimization. The Mad Scientist lives by two mantras. His first mantra is that: We can only manage what we can measure. His second mantra is that: Data beats gut feel by a million miles. These mantras and a dozen other disruptive beliefs drive profit for his 800+ investors.
