Creative Capital Podcast 209: Multifamily Horror Stories + How To Overcome The Worst

Creative Capital

Josh Ferrari

Investing, Business

5 • 1.1K Ratings

🗓️ 1 November 2022

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Horror stories in this business are usually pretty funny, but not so much when they are happening to you...

I thought I'd take today in honor of halloween to to give you some insight into a horror story that we are currently living with one of our properties!

Enjoy!

Transcript

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0:00.0	What is happening, everybody?
0:04.2	We'll come back to this week's segment
0:06.2	of the No Limit Minute.
0:09.3	And today I wanted it to be somewhat of a fun,
0:13.2	funny, comedic, but educational episode.
0:18.9	So we're gonna talk about good old fashion,
0:21.6	multi-family horror stories,
0:24.4	and what could potentially happen,
0:26.7	what that's happened to us.
0:28.8	I don't know if I've ever actually told the story
0:30.3	before on the show, but I'm gonna tell it today.
0:34.2	I'm gonna give you guys an inside scoop
0:35.5	on what we've been dealing with on one of our properties.
0:37.1	It's actually still currently happening.
0:38.5	So it's fresh, fresh on my mind.
0:41.7	I thought it'd be fun to talk about.
0:42.9	So one of our properties is 148 unit portfolio.
0:46.4	It's down in Mobile, Alabama,
0:47.7	where we're primarily based out of split
0:51.3	between three different properties.
0:52.9	Got a 32 unit to 60 unit and a 56 unit.
0:57.1	Now the 56 units, 32 unit and the 60 unit
	...

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