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Commercial Real Estate Pro Network

Commercial Real Estate Professionals who work with Investors, Buyers and Sellers of Commercial Real Estate. We discuss todays opportunities, problems & solutions in Commercial Real Estate.
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Now displaying: Page 1
Apr 20, 2021

 Darrin Gross:

I'd like to ask you, Rich West, what is the BIGGEST RISK?

 

Rich West  

Okay, so the biggest risk for me and I'm going to come at this from my years of experience, looking at buildings, right? And, and living through the, you know, the 2007 2009 era, living through this era. biggest risk in my mind is not talking to your tenants and understanding what your tenants are doing. What what your tenants mindset is how your tenants business is doing? Because in the end, that's really what drives virtually all value is what the heck, what value is the tenant getting out of the space? And how is their business doing and, and, and what are their problems? So So to me, the biggest risk is being disconnected from what your tenants are doing, you know, whether it's a building you own, or if it's a building that you're you're looking to purchase.

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