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
How Can it Be 100% Occupied with No Drywall - Pancham Gupta
If you lose money, you will normally feel bad and think about where you could’ve spent it. When Pancham Gupta lost $15,000 in a deal, he only felt good. Had he not done his due diligence, he would have lost more money than he expected.
Pancham’s story shows you that all kinds of investments have inherent risks, and you should be ready to lose some if you want to gain a lot. You should also be ready to take a few missteps along the way because they will eventually lead you to the path you’re destined to take.
[00:01 - 05:41] Opening Segment
- I welcome today’s guest, Pancham Gupta
- Get in touch with Pancham!
- Links below
[05:42 - 15:35] The Best $15K Pancham Lost
- The difference between a real estate investor and a business owner
- Don’t miss this misstep from Pancham!
- The importance of doing due diligence
- Pancham talks about this deal they didn’t close
[15:36 - 25:41] Doing Due Diligence
- A bad roof was a dealbreaker in one of Pancham’s deal
- Listen to his story
- If you lose a deal, what should you do?
[25:42 - 30:23] Closing Segment
- Don’t miss this advice from Pancham for your real estate investing
- Final words
Tweetable Quotes:
“Your income going down is a function of a problem and you have to fix that problem, which wasn’t there before.” - Pancham Gupta
“Be a student of whatever you’re trying to achieve and keep learning and take action at the same time.” - Pancham Gupta
Resources mentioned:
You can connect with Pancham by emailing p@thegoldcollarinvestor.com or pancham.gupta@mesoscapital.com. Get in touch with him on LinkedIn and Facebook and check out Mesos Capital to optimize your real estate investing!
- LISTEN to his podcast, The Gold Collar Investor
- LEARN the top 6 reasons to invest outside of Wall Street! Start here.
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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