4.8 • 692 Ratings
🗓️ 12 December 2023
⏱️ 52 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Welcome to the Real Estate Strategies podcast, where we host in-depth conversations on everything |
0:07.8 | real estate with the industry's biggest movers and shakers. I'm your host, Ken McElroy, joined by my co-host, |
0:14.6 | Daniel. Let's get right into this episode. Welcome to the Ken McRoy show. I'm your host, |
0:20.2 | Daniel, here with Ken. What's up |
0:22.1 | everybody? Let's hop into our Twitter question. So can you ask, how do you handle unexpected |
0:26.5 | challenges or setbacks in your real estate investments? And Levi said that should be a learning |
0:32.7 | experience for next time. I was just talking to an experienced investor who purchased 16 units and did not |
0:38.2 | check every sewer pipe, which cost him $32,000, but next time he will use a camera technology to do |
0:44.6 | that. Yeah, that's a good one. I've had that problem. Have you? Yeah, yeah, unfortunately, on a |
0:50.3 | property in Houston, we had, actually, we had electrolysis. |
0:54.3 | If you guys don't know what electrolysis is, is typically when they take galvanized plumbing |
1:00.6 | and put it with copper, it creates these little pinhole leaks. |
1:06.1 | And it can be a serious problem for slab leaks and what a mess. All of those things. Go to the next one, Jerry. |
1:16.3 | Jen says exhaust all options. Currently had a deal go south as a capital partner, so I either pick up the deed or walk away and lose my investment. I'm looking at every option to make that investment work. If not, then I have a very |
1:27.6 | short time to figure out how to offset the loss. Yeah. I think a lot of people are dealing with |
1:31.9 | this right now. Yeah, it's interesting. I was thinking about doing a video. I don't know if you guys |
1:36.2 | think I should or not. I'm, you know, what's going on with the banks? There's obviously |
1:42.9 | the interest rates are up. We all know that. That's no surprise. |
1:46.5 | Loan values are way down. And also, the economy seems to be contracting a little bit. So, |
1:52.8 | so there are less loans being done. So you guys might know the banking system has pinned on on leveraging, |
2:05.4 | you know, loans. And so when there's a decrease in in loan volume, you know, it does affect |
2:12.7 | things. So that's one of those scenarios. That's the first thing I thought of is the people I'm hearing are losing capital partners. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ken McElroy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ken McElroy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.