
REI155: Building a Boutique Property Empire w/ Moses Kagan
The Intrinsic Value Podcast - The Investor’s Podcast Network
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How Did You Do Well in Real Estate?
In 2008, we had to cut the rents by 20%. My entire career has been shaped by that experience. We have always been pretty moderate about our use of leverage. Being over levered and then having your rents fall and then being unable to make your rent payments is like a classic way to lose a building. But when push comes to shove in a bad environment, you really like want to control the assets.
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