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RCRE – A Look Ahead to 2021 with Bill Ham, Chris Jackson, Jake Stenziano, and Gino Barbaro

Mike Taravella and Will Coleman interview Bill Ham, Chris Jackson, Jake Stenziano, and Gino Barbaro of the Rand Family of Companies.

Key Information:

Strategies for 2021:

  • Avoid older asserts, look for newer builds with longer hold periods.
  • Prepare for the possibility of tighter lending standards and higher interest rates.
  • Look for direct to seller / off-market opportunities

Debt Markets Forecast:

  • 2 DSCR requirements
  • Lower LTV

Look for properties that will cash flow day one while amortizing. Newer asset in high growth areas out perform older assets in the event of an economic downturn.

Types of Value Add :

  • Renovation
  • Operating

Expert Pro Tip: “Be active in the market, do not wait”