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PLEX Only Community Call
PLEX Only Q&A: Guardrails (Part 1 of 2)
2026-01-21
Key topics & numbers — grounded in the call's full recording.
2026-01-21PLEX Only Q&A: Guardrails (Part 1 of 2)
Key Topics
- Safety guardrails (REQUIRED, downside, never crossed) vs Posture guardrails (optional, upside, nested inside).
- 3 postures (defensive/neutral/performance); safety violation auto-shifts to defensive.
- Target (single point) vs guardrail (min/max range). Guardrails are STRATEGY-specific, not asset-specific.
- 3 levers by priority: Liquidity → Leverage → Portfolio. Guardrails roll up property→strategy→overall.
Key Numbers (threshold-heavy)
- DTA safety range ex 0–40%; Performance 30–40%, Neutral 25–35%, conservative 0–20%, defensive 0–10%. Target DSCR 2.0.
- Safety buffer min 6 months / 20% liquidity. Outside credit line ≥$30,000 available (total).
- Max portfolio DTA: 65% if mostly real estate, 40% if not. Min DSCR 1.5. Min annual asset growth 5% default → 10–15% recommended.
- Real estate: buffer 3 mo (→6), max DTA 80%, DSCR 1.25, value +4%/yr. Plex: liquidity 3 mo (→0 ok), max DTA 40%, DSCR ≥2.0, max util 60% (~50%), IMR ≤30% (≤35% avg).
- Child (10yo) conservative: DTA 30%, DSCR ≥2, util 30–40%, IMR ≤35%. Analyzer min score 6 (Jose 8.8). Max drawdown flag 15%. Reinvestment ≥20% (→~100% growth).
Call Materials
Materials open in Google Drive (academy login may be required).