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
Wild Wild West - Ben Wuollet
Ben Wuollet is the Acquisitions Manager for the Bakerson portfolio for over four years. His extensive experience in all facets of the acquisitions life cycle allows Ben to acquire properties quickly and efficiently. He has been directly involved in the underwriting, due diligence, property management, and closing of over 300 transactions during his term at Bakerson.
Things you will learn in this episode:
[00:01 – 03:42] Opening Segment
- How to get in contact with Ben
- See the links below
- Ben shares the trouble they had with some of their acquired properties in Tucson
[03:43 – 18:00] The Wild Wild West
- Ben talks about how they handle property deals in troublesome neighborhoods
- Buying properties in both nice and rough neighborhoods
- The Bakerson Property model
- Making a difference in the neighborhoods and communities
- Getting feedback and taking time to cater to the concerns of their tenants and clients
- The Bakerson Philosophy
[18:01 – 21:51] Closing Segment
- Ben’s words of wisdom for the listeners
- Final thoughts
Tweetable Quotes:
“We’re all in business to make money. But if you are only in business to make money, you start to lose your why, you start to lose the purpose and it becomes monotonous.” - Ben Wuollet
“Never be too proud to pick up a broom. If there’s an issue, fix it. If you walk in the property and you see a piece of trash on the ground, just pick it up and throw it away. Don’t go find the maintenance guy and tell him to go pick it up.” - Ben Wuollet
“Leave all things better than when you found them.” - Ben Wuollet
Resources Mentioned:
Connect with Ben on LinkedIn. Visit their firm’s website at https://bakerson.com/
Call 877.969.1987
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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