The Economic Times defines risk mitigation as a means to reduce losses from the occurrence of any undesirable event. It is an important strategy that entrepreneurs should have as they start their business. In this episode, Dustin Miles of Momentum Multifamily tells us that one way he mitigates risks is by partnering with the right individual.
Today, we will learn about Dustin\u2019s journey from doing a W-2 job to transitioning into a real estate investor. Dustin also talks about the importance of always having cash reserves because there are unforeseen events like recession and Covid-19 pandemic that may affect your business. He also details why the location of the property is as important as the management. Listen now and learn how partnerships can help you mitigate risks.
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