REI Wealth #54 - Featuring Flip and Dani Robison Issue #54 - COVID-19 Special Report | Page 89

Breaking COVID­19 News
would share in the equity . Then moved into equity investing .
Seeing the coming recession Daniel said he had already been transitioning his funds and assets from luxury to workforce housing , well before it hit . They already have around 3,000 units under management , and are now well positioned to become the next Blackstone . The large multi­billion dollar hedge fund famous for creating Invitation Homes and B2RFinance , and buying tens of thousands of single family rentals in 2008 .
Investing For Success
Tragedy , Transition , Triage & Creating An Upward Trajectory For Your Finances
There is no question that the coronavirus and its personal and economic impact come with a lot of tragedy .
It is also time to look forward . Those who don ’ t will be reeling from this moment for a decade or more , while others are enjoying their best lives ever .
Hopefully , like Adam and Daniel you were already transitioning your investment strategies , asset allocation and portfolios long before COVID­19 reared its ugly head . If not , it is high time to triage your money . What do you need to sell before it is too late to save ? What can you save with some extra care and attention ? What will thrive and have immunity ? Where do you put your energy and resources ?
Since 2012 Adam Levine has been involved in well over 1,000 transactions , and has focused his funds on capital preservation and high returns in recession resilient , risk adjusted investments .
Daniel Edrei has been investing in real estate for over 25 years . He ’ s been through the dot com bust , 2008 and now the coronavirus pandemic . He is no stranger to recessions and how to invest through them . After 2008 he took stock of his debt investments loans he made . He realized that his higher LTV loans actually out­performed others where they had invested in teams with the strongest sponsors and operators . So , he began engaging in ‘ dequity ’ deals where they
As of our Zoom interview , Adam and Daniel said they are actively investing , deploying capital , securing new leases with tenants and making acquisitions .
They continue to look for portfolios of 1­ to 100 plus units to buy , and encourage those holding them to request a competitive bid from their latest fund . Today , they are mostly focused on row homes and workforce housing in Philadelphia . Though they may expand to cover Washington DC , Camden , NJ , Baltimore , MD and other surrounding areas .
While other investment providers have continuously been reducing the value of their offerings and yields over the past few years , Daniel says they are actually expecting to be able to deliver even better returns ahead . They already promote targeted returns of 15 % to 24 % ( IRR ). Access to better deals and better prices in 2020 may boost that even further .
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