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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
Wheel Chair Bound Resident on the Second Floor - Amy Sylvis
As simple as it seems, being honest is truly key in establishing credibility and promoting healthy relationships in all aspects. Yet this idea is still overlooked with the fear of discomfort. Amy Sylvis tells us her real estate journey from taking a decade to finally break into the industry, facing devastating missteps, and suddenly having to deal with a wheelchair bound resident. This talk resonates with the concept of showing up with integrity despite the circumstances.
[00:01 - 03:46] Opening Segment
- Amy Sylvis’s story - a decade to breaking into the industry
- The truth behind real estate industry - things don’t always go as planned
[03:47 - 07:59] Establishing Credibility Despite Setback
- Pros and cons of investing in scatter sites
- The virtue of honesty towards the seller and the broker
- The impact of switching horses too late in the race
[08:00 - 19:09] The Core of Relationships: Values and Honesty
- Establishing and maintaining rapport despite barriers
- Acknowledging discomfort in forwarding honesty
- Not all landlords display moral and ethical outlook
[19:10 - 20:38] Closing Segment
- We can only play the cards we are dealt with
- Final words
Tweetable Quotes:
“It [real estate] is a hairy industry. There are definitely missteps. There are definitely things that don't go as planned.” - Amy Sylvis
“It's too exhausting to be anything other than honest, it takes too much time.” - Amy Sylvis
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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