Multifamily Missteps Hosted by Christy Keeton
Are you tired of the "rainbows and butterflies" approach in multifamily investing, where everything unfolds seamlessly, and everybody wins? You never see “behind the scenes” reality.
If you resonate with our perspective, acknowledging that true insights emerge from navigating mistakes and challenges, then you're in the right place.
Join Christy Keeton, your host, as she dives into the missteps and lessons learned encountered by active apartment operators.
In these episodes, we embark on a journey to dissect and analyze the pitfalls within the multifamily project life cycle, focusing on the crucial stages of Finding, Funding, Fixing, or Flipping a project.
Instead of glossing over setbacks, we shine a spotlight on them, providing a valuable learning experience for our audience. Each episode concludes not only by revealing how the issue at hand was rectified but also by sharing other priceless lessons derived from the experience.
It's an unfiltered exploration of the multifamily investment landscape, revealing the intricate tapestry of challenges and solutions that make the journey worthwhile.
Multifamily Missteps Hosted by Christy Keeton
Make Sure You Understand Who Controls the Capital - Dave Seymour
Many people can get involved as you start your real estate journey, so how do we make sure that the people we have are worthy of our trust? Verifying information and clear communication are keys. In today’s episode, Jerome Myers interviews Dave Seymour, who has a background as a firefighter turned into a real estate investor. Listen as he shares his struggles with the consequences of the downturn in the market. They discuss how property values can go down, even in good times, and how this affects their decision-making.
[00:01 - 04:41] Opening Segment
- Suffering financial pain and being forced into entrepreneurship
- Progressing the business and educating people
- Riding the roller coaster of real estate
[04:42 - 19:01] Understand Who Controls the Money
- The one who controls the money wins
- The effects of high inflation and current events
- Being solid in predictions than someone who is just starting out
- Staying in the trenches and never giving up
[19:02 - 24:04] Be Careful of Whom You Trust
- The harsh truth when you are taken advantage of
- Creating a flow chart to make it easier for potential investors
- Advice on verifying information before taking any action
[24:05 - 25:53] Closing Segment
- Never give up
- Final words
Tweetable Quotes:
“He who controls the money wins his race” - Dave Seymour
“Never give up, never lay down, never surrender trust, but verify.” - Dave Seymour
Learn more about Myers Methods of Multifamily Investing: http://bit.ly/37u6oK3
Register for Myers Methods Multifamily Investing Course: https://bit.ly/37iozkB
Learn more about the Mid-Atlantic Multifamily Conference: https://bit.ly/2V7SlCC
Are you feeling overwhelmed with Multifamily deal analysis? Are you uncertain about the right investment? Christy is an expert underwriter and mentor and wants help you on your journey! Visit her website at www.ChristyKeeton.com to book a discovery call now.
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