MB 208: Is the Sky Falling? – With an Expert Panel of Multifamily Operators

<p><!-- wp:paragraph --></p> <p>Beyond the risks it poses to our health, the Coronavirus is causing chaos in our economic system as well. Businesses have closed their doors and many Americans have lost their jobs or had their hours cut. And the stock market is on its way down. But what does it all mean for us as multifamily investors? Is the sky falling? Or are there things we can do to protect ourselves and serve our tenants in this challenging time?  </p> <p><!-- /wp:paragraph --> <!-- wp:paragraph --></p> <p>On this episode of Apartment Building Investing, I’m sitting down with an expert panel of multifamily operators that includes <a href="https://www.linkedin.com/in/drewkniffin" target="_blank" rel="noopener">Drew Kniffin</a>, <a href= "https://www.linkedin.com/in/praxiscapital/" target="_blank" rel= "noopener">Brian Burke</a>, <a href= "https://www.linkedin.com/in/john-cohen-56847314/" target="_blank" rel="noopener">John Cohen</a>, <a href= "https://www.linkedin.com/in/reed-goossens-b2a6a933/" target= "_blank" rel="noopener">Reed Goossens</a>, <a href= "https://www.linkedin.com/in/andrew-cushman-959471a/" target= "_blank" rel="noopener">Andrew Cushman</a> and <a href= "https://www.linkedin.com/in/ellieperlman/" target="_blank" rel= "noopener">Ellie Perlman</a> to discuss what we are doing to protect our investments and our investors through the Coronavirus pandemic. We share our strategies for income preservation and expense reduction, explaining how we are supporting tenants through the crisis and what programs we are leveraging to keep our employees on payroll.</p> <p><!-- /wp:paragraph --> <!-- wp:paragraph --></p> <p>We go on to address how COVID-19 is likely to impact passive investors and offer insight on what they can do to take advantage of the shift to a buyer’s market. Finally, we explore the short-, medium- and long-term implications of the economic fallout from the Coronavirus and describe the incredible wealth-building opportunity available to savvy real estate investors in the months to come.