Multifamily Missteps Hosted by Jerome Myers

5.2 MM Lost in the Wire - Bruce Petersen

September 10, 2020 jerome myers Episode 35
Multifamily Missteps Hosted by Jerome Myers
5.2 MM Lost in the Wire - Bruce Petersen
Show Notes

I had the pleasure of speaking with the Founder of The Apartment Guy℠, Bruce Petersen. He is a serial syndicator of large multi-family properties throughout Central Texas.

Let’s jump into Bruce’s story and get expert advice from a real estate pro! 

Things you will learn in this episode:

[00:01 - 04:10] Opening Segment

  • Bruce talks about his background and where his journey began
    • The first one to graduate high school in his family, dropped out of college and failing in the retail industry
    • Found a good real estate mentor, and jumped right into Multi-Family Syndication

[08:55 - 15:59] 5.2 MM Lost in the Wire

  • Bruce shares his missteps in the real estate business 
  • Bruce shares some unexpected experience in the real estate business
  • Bruce shares the story about his deal that got lost because of the wire 
    • How to be prepared for any unexpected case

[16:00 - 21:05] The Hard Truth about Multi-Family Syndication

  • Bruce shares the hard truth about Multi-Family Syndication
  • Bruce talks about preparing to spend our own money on the deals
  • Bruce talks about the strategy to avoids traps on deals

[21:06 - 26:23] Closing Segment

  • What is your newly launched book about?
    • “It is about sharing to people the real hard truth about Multi-Family Syndication, that it is not as easy as the theory“
  • What are your words of wisdom to our listeners?
    • “Understand who you are, don’t just go chasing dollar sign, but do it because you like it”
    • “Be transparent and upfront when things go wrong”
    • “Be self-aware and don’t put yourself in a bad situation”
  • Final words from me


Tweetable Quotes: 

“Understand who you are, be self-aware and don’t put yourself in a bad situation” - Bruce Petersen


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For a free copy of his book, go to apt-guy.com/get-v-book

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