Multifamily Missteps Hosted by Jerome Myers

10% From The Insurance Claim - Chris Lento

November 09, 2020 jerome myers Episode 47
Multifamily Missteps Hosted by Jerome Myers
10% From The Insurance Claim - Chris Lento
Show Notes

I had the pleasure of speaking with Chris Lento today. Chris is the managing member of EM Capital LLC, focusing on acquiring commercial multifamily apartment complexes in markets across the country that exhibit positive growth trends. His passion is helping middle- and low-income families in overcoming housing issues through well-managed and well maintained economic housing. 

Let’s jump into this episode and get expert advice from a real estate pro! 

[00:01 - 02:19] Opening Segment

  • How to get in touch with Chris Lento
    • Links below
  • Let’s get to know Chris 

[02:20 - 10:07] 10% From Insurance Claim 

  • Chris talks about an eye-opening misstep on plumbing you should hear!
  • He talks about his experience on a private insurance investor
  • What was his response when two residential properties broke down? 

[10:08 - 19:38] With Broker or No Broker? 

  • Chris talks about their in-place re-piping plans
    • An on-call plumber is key
  • Here’s another misstep from Chris you should hear
  • Chris gives us a tip on when brokers should be called
  • He talks about the importance of a good loan agency

[19:39 - 21:14] Closing Segment

  • Words of wisdom from Chris 
  • Final words from me

Tweetable Quotes: 

“[If you have problems,] reach out. There’s a lot of nuances and things that could go wrong in multifamily investing but rarely are they new. Someone else had already dealt with that situation.” - Chris Lento

“Check out podcasts. Check out other people’s websites. Call other investors...Just reach out because there’s a lot of solutions out there that maybe you wouldn’t have thought of and it could save you a lot of time and money.” - Chris Lento

Resources Mentioned:

Email Chris at You can connect with him on LinkedIn, Facebook, and their website.

Learn more about Myers Methods of Multifamily Investing:

Register for Myers Methods Multifamily Investing Course:

Learn more about the Mid-Atlantic Multifamily Conference:

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