Multifamily Missteps Hosted by Jerome Myers

Dec 27 2022 21

Multifamily Missteps Hosted by Jerome Myers Podcast artwork

Are you tired of the "happily ever after" style multifamily investing podcasts where everything goes to plan? If you are like us, you know that you learn more from mistakes and missteps than when the plan goes smooth. Join your host Jerome Myers, as he digs into the missteps of active apartment operators. In these 30 minute or less episodes, follow along as we find and analyze the blunders in one of the four areas of a multifamily project life cycle: Finding, Funding, Fixing or Flipping the project. We conclude each episode with how the issue was corrected, as well as the other valuable lessons learned.

Subscribe on Podcast Addict

Be Wary of the Midas Syndrome - Matthew Drouin

Dec 27 2022 19 mins

Aiming for a huge target is not at all bad, but the harsh reality should also be considered. In this episode, we feature Matthew Drouin and his story of doing a deal that entails facing problematic neighborhoods and people down on their luck. He talks about his experience of regret looking upon himself as a hero and brings the invaluable lessons he learned from it. [00:00 - 08:51]

Vet the Property Manager Or Regret - Michael Sampson

Dec 20 2022 13 mins

Holding your money too tightly to invest for inspection would be a big mistake. Michael Sampson notes that it's important to work with a good real estate broker and have professional inspections done on your properties to make sure they're in good condition. He also advises patience when growing a real estate portfolio, as successes can take time to build. [00:00 - 07:13]

Delinquency... - Tommy Brant

Aug 23 2022 21 mins

How much do we know about the property before we make a deal? In this episode, Tommy Brant addresses the importance of financial due diligence and how knowing the owners is just as essential as knowing the assets. Tommy also shares how taking the lead on the deal helped create value for him and his partners. [00:01 - 17:18] The Deal that Eluded Me Tommy shares how he got his start

Make Sure You Tie the Deal Up - Sam Wilson

Jun 28 2022 20 mins

Planning to get the deal requires consideration of a strategic exit too. In this episode, Sam Wilson talks about his investment and exit strategies, avoiding mistakes in the future, and how important it is to make sure that there are out clauses in contracts in order to protect oneself. Listen closely as Sam provides listeners with valuable advice on how to make life count by doing

Active Duty Passive Income - Tim Kelly

Jun 14 2022 24 mins

Is it possible to generate passive income while on active duty? Of course! Listen in as Tim Kelly and Jerome Myers emphasize the importance of education and networking to becoming successful in real estate investing. In this episode, Tim explains how to create a community of like-minded individuals in order to leverage relationships and access opportunities. Tune in as he shares st

Make Sure You Understand Who Controls the Capital - Dave Seymour

May 17 2022 25 mins

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 consequence

Get Off the Sidelines - Justin Britto

May 10 2022 27 mins

Wisdom comes from experience and learning from mistakes. Perhaps for those starting in multifamily investing, being a bit more conservative at first and taking calculated risks is the way. Do not take for granted the relationships you are developing along the way as this may turn out to be more valuable than what you are earning. My guest, Justin Britto, talks about how he became a

Inflation Increases Your Expenses - Ben Fraser

May 03 2022 25 mins

Do you have an exit strategy? A lot of risks go into your investment if you do have one. In today’s episode, my guest, Ben Fraser, discusses the implications of ensuring assets worth more in the future and being able to protect the investment at the same time. Listen closely as he talks about the dangers of over-leveraging in the current market environment and how to avoid gettin

Wait it Didn't Go Up in Value - Axel Ragnarsson

Apr 26 2022 24 mins

What makes the real estate industry attractive is how you can attain a huge cash flow passively. However, is that the truth or is there something more? In today's episode, Axel Ragnarsson discloses his story and reminds us of the due diligence to establish when assessing deals, the ramifications of not working with key persons in transactions, and the dangers of complacency an

Why are More People Moving Out than Moving In? - Sonya Rocvil

Apr 19 2022 25 mins

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 t