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
Why are More People Moving Out than Moving In? - Sonya Rocvil
It is perfectly normal for some people to leave you and come into your life. In real estate, however, it should not be. When the people leaving your properties are more than those who come in, you should realize there’s a problem, and you need to pinpoint and address that problem fast. Luckily for Sonya Rocvil, she realized that there’s something wrong with their property and they were able to address it.
[00:01 - 03:07] Opening Segment
- I welcome today’s guest, Sonya Rocvil
- Connect with Sonya
- Links below
[03:08 - 13:46] More People Moving Out Than Moving In
- How she landed in the real estate space
- Why their occupancy rates were not going up
- What she learned about this misstep
[13:47 - 23:02 Digging Deep into The Issues
- Learn how to leverage bridge loans
- The question you should ask in closing a deal
- What changed in their process to make sure the misstep will not happen again
[23:03 - 25:54] Closing Segment
- Don’t miss these words of wisdom from Sonya!
- Final words
Tweetable Quotes:
“You still have to be diligent and you’re screening [potential tenants].” - Sonya Rocvil
“You have to be willing to really dig deep sometimes to find out the issues.” - Sonya Rocvil
You can connect with Sonya by emailing sonya@bedrockreinvestors.com or get in touch with her on LinkedIn. Check out Bedrock Real Estate Investors to acquire multifamily properties with potential economic growth and opportunities.
- 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.