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We Study Markets by the Investors Podcast Network
Stegg Fink: This year I made my first investment in commercial real estate. He and Robert Leonard invested $125,000 of our own money into a portfolio of three self-storage facilities. If the investment comes with a 7% preferred return he feels the downside is quite low. The loan to value is only 52.5%, underwritten to break even at an occupancy rate of only 60%.
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