Investment real estate, whether multifamily or commercial properties, is frequently referenced as an effective vehicle for wealth accumulation. Although real estate often delivers returns greater than other investments, the greater reward potential often comes with greater risks. Effectively managing real estate risk often makes a difference between an investment that meets expectations and disappointment. In this risk management overview, Tim Wege, President of New Star Properties, will take a look at the variety of risks associated with investment property. Although risk is inherent with any investment, we will identify the major risks as well as measures to avoid, mitigate and transfer risk. The premise here is that the investor with "eyes wide open" and cognizant of risk and the measures to mitigate risk will be more confident and successful in realizing the investment real estate objectives.