The Covid-19 pandemic has shattered economies worldwide and it did not spare the U.S. Now, the Feds are raising interest rates to combat inflation. So, how does the current economic situation affect the real estate business, particularly the multifamily sector? And how can you keep yourself informed so that you can be prepared to face the challenges brought on by this economic situation?Craig Berger of Avid Realty Partners is back on the show for the final episode of our three-part series with him. Craig tells us how many reserves you need to have in place, how are you going to withstand some knocks, and how the economy and the market have changed the way he has done underwriting. Click the play button now!Key Points From This Episode: Craig discusses the current economic situation and how it is affecting the real estate market.Why inflation isn’t just 8% but 30%?What to watch out for in the economy?Where does Craig watch and find information that is helpful to his business?How’s the current economic situation changed how Craig is looking at deals right now?Craig talks about debt being very different at the moment.How a possible recession may affect real estate?Craig shares his company’s risk management techniques.How does Craig calculate the amount of safety capital reserves that he has on hand per deal, and at the corporate level?Craig’s best source for meeting new investors.Craig’s advice to passive investors.The metrics that Craig has personally and professionally.The daily habits that have produced the highest returns for Craig.The number one thing that contributed to Craig’s success.How does Craig like to give back?Tweetables:“2022 is pretty much the first time in history that stocks and bonds have both dropped 20% or so.”“Inflation is more or less on its way back down to more normal levelsAfter interviewing thousands of entrepreneurs, one truth is clear: business success means little if it costs your marriage, family, or faith.I'm now hosting the Courageous Men podcast for men who want to lead well at home and at work. I'm looking for five men to walk closely with who want to lead well at home and work.  Email me at whitney@whitneysewell.com and tell me why you should be one of the five. whitneysewell.com  VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow📝 JOIN THE DISCUSSIONhttps://www.facebook.com/groups/realestatesyndication➡️ FOLLOW UShttps://twitter.com/whitney_sewell https://www.instagram.com/whitneysewell/ https://www.linkedin.com/in/whitney-sewell/ ⭐ Be Our Guest!We are continuously working hard to help our listeners with their journey to real estate syndication. If you think you can add value in any way to our listeners who are in commercial real estate, then we’d love to have you over. Apply here: https://lifebridgecapital.com/join-our-podcast/