For my Southern California real estate investment clients, hawks and doves included, there is no doubt that the wildfire disaster in Los Angeles presents potential opportunities, but it is also fraught with risks! To inform your curiosity (and mine) I ran Monte Carlo simulations to predict a range of potential outcomes that help to quantify the risks and reveal some opportunities.
Rental housing providers are winners in the simulated outcomes with the likelihood that demand for rental housing will spike in the near term. Another segment that may benefit is commercial real estate where a surge in demand for light industrial space is a predicted outcome.
Read the report and let me know what you think.
Nice work Gary