In this #Highlights episode, we look back at our conversations with Dan Handford of PassiveInvesting.com and Dave Codrea of Greanleaf as they share their knowledge and insights on how to make your investments perform better in the midst of inflation or the current economic conditions.

Dan, with his extensive successful background on educating multifamily investors, focuses on the red flags or warning signs for passive investors especially now that we’re dealing with the economic effects of the Covid-19 pandemic. Dave shares his outlook on whether it is time to buy, sell or hold, based on his years of experience in investment management and operational execution. You surely don’t want to miss this episode!

Key Points From This Episode: 

• Is it the proper time to invest in real estate in the midst of economic slowdown and the aftereffects of the Covid-19 pandemic?
• Red flags to watch out for in the underwriting or structure of deals in this kind of economic condition.
• What kind of adjustments to mitigate risks should be made in the business plan for A, B and C-class assets?
• Things to expect from the operator if you are an investor.
• Three major things to look for when vetting operators.
• The pros and cons of investing in the multifamily asset class in the midst of inflation.
• As an investor, what are things to expect this year?
• What’s a good cash reserve strategy or threshold?

Tweetables:

“You have to be decisive and having somebody who has some sort of successful background in business is a very crucial piece.” –Dan Handford

“We think about our strategy with our businesses really like a triangle of relationships. So we have our investors on one side, we have our tenants and residents, and then we have our team. And the more things we can do that really bring those three pieces together on a piece of real estate, the more comfortable everyone can be with it.” –Dave Codrea

Links Mentioned in Today’s Episode:

Dan Handford on LinkedIn
Dan Handford on Twitter
PassiveInvesting.com
Episode 554 full episode
Dave Codrea on LinkedIn
Greenleaf website
Episode 1556 full episode

About Dan Handford

Dan and his wife, Dennae, along with their 4 children (3 girls and a boy), reside and work in Columbia, SC. Dan has an extensive successful background in starting multiple seven-figure businesses from scratch, including a large group of non-surgical orthopedic medical clinics located in South Carolina. His family of companies has annual budgets in excess of $10MM. He is the founder of the Multifamily Investor Nation, where he educates a nationwide group (9,000+ members) of multifamily investors on how to properly invest in multifamily assets. He is the co-host, along with his wife, Dennae, of the Tough Decisions for Entrepreneurs podcast, which can be found on iTunes and Google Podcasts.

About Dave Codrea

Dave is co-founder of Greenleaf, an Atlanta-based real estate investment firm. From the very beginning, Dave built Greenleaf to be a provider of quality affordable housing that offers unique compassion and partnership with residents. Since its inception as a two-man venture, Greenleaf has grown its geographic footprint to encompass several states in the Southeastern US. The growing portfolio currently includes Apartments, Mobile Homes, and Commercial properties. Our investment, management, and construction platforms work in sync providing top-level customer experience, impressive investment returns, and a culture of innovation and goal setting.