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Multifamily Missteps Hosted by Christy Keeton

Christy Keeton - Real Operator. Real Missteps. Real Solutions.

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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 jo ...
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show series
 
What if you could secure unlimited funding for your real estate deals without ever relying on banks? Jay Conner, a seasoned investor since 2003, shares how he transformed his business after the 2008 financial crash by developing a private money system that raised $2.15 million in just months. Discover how Jay’s approach generates seven-figure profi…
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What separates successful multifamily investors from those who struggle—better systems, more innovative strategies, or the willingness to learn from costly mistakes? In this conversation, Christy Keeton and Lane Kawaoka explore the unfiltered truths of multifamily investing. From scaling a portfolio of over 10,000 units to managing risks like found…
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How do you turn setbacks into stepping stones, and how can multifamily investing unlock a life of freedom and purpose? In this episode of Multifamily Missteps, Tony Lopes, founder of Dirty Boots Capital, shares his inspiring journey from mechanical engineering to owning over 400 multifamily units. Through candid stories, he reveals the challenges a…
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Are you ready to embrace the unvarnished truths of multifamily real estate investing? Join Christy Keeton as she hosts Whitney Elkins-Hutten, a seasoned real estate expert, to uncover the pivotal lessons that shaped Whitney’s inspiring journey from her first flip to building a $800 million portfolio. Whitney shares her early struggles, the power of…
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How can personal challenges fuel the journey to financial independence, and what does it take to create thriving communities through impactful real estate investing? Michelle Jeong, founder of FIRE Capital, shares how her transition from tech to real estate became a mission to provide affordable housing while empowering others to pursue financial f…
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What does it take to turn ambition into a thriving real estate legacy while navigating challenges, creating consistent wealth, and making a lasting impact? Zach Lemaster, CEO of Rent to Retirement, shares his transformative journey from optometrist to real estate leader, offering practical insights and strategies that anyone can use to achieve fina…
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What does it take to thrive in the competitive world of multifamily real estate? Is it focus, strategy, or the ability to embrace challenges? Justin Goodin shares his journey from flipping single-family homes in college to leading multimillion-dollar ground-up developments. He offers a unique perspective on the importance of laser-focused specializ…
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What’s the most crucial element for success in real estate: strategy, partnerships, or mindset? Gino Barbaro shares how he built a multifamily empire by focusing on the right partnerships, a solid framework, and the psychology of money. Learn how to avoid common investing mistakes and create a scalable business. Ready to discover the key to real es…
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What would you do if your first real estate deal went wrong? In this episode, Andrew Reichert shares how he transformed early mistakes into lessons that led to managing over 3,600 units. From his first duplex to scaling a multimillion-dollar portfolio, Andrew’s story highlights the real challenges of multifamily investing—missed projections, struct…
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What does moving from a traditional career to financial freedom through real estate take? Keshav Kolur, founder of Clive Capital, shares his journey from reading Rich Dad Poor Dad to making his first syndication investment in multifamily real estate. Hear how he turned his desire for multiple income streams into a successful real estate career, and…
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How do you go from being homeless to owning over 100 doors in real estate? Ray Glymph, an award-winning investor and business coach, shares his inspiring story of resilience and success. Recognized by platforms like Yahoo and Google and honored with the NAACP Champion of Change award, Ray has helped entrepreneurs of all levels transform their busin…
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Is success in multifamily investing just about buying the right property, or do the real dangers lie in the details you might miss? In this episode, Christy Keeton talks with real estate attorney and investor Bishoy Habib, who shares a shocking story about an investor losing millions because of a single missing clause. Bishoy reveals key lessons fr…
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What separates successful multifamily investors from those who struggle? Is it about finding the perfect deal or navigating inevitable challenges? Christy Keeton talks with Julie Anne Peterson about critical lessons from real estate missteps, covering topics like rate caps, economic vacancy, and building the right partnerships. Julie shares unfilte…
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What truly separates a successful real estate investor from the rest? In this episode, a former professional hockey player, Bob Lachance, shares his journey from the rink to real estate success. He opens up about the mistakes that shaped his career, the importance of keeping emotions in check, and how virtual assistants can take your business to th…
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Is the promise of passive income in real estate too good to be true? Emma Powell, a seasoned multifamily investor, pulls back the curtain on what it takes to succeed in this field. From her start as a real estate photographer to becoming a full-time investor, Emma shares the challenges of raising capital, finding the right partners, and why the jou…
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Join Christy in this episode of Multifamily Missteps as she dives deep into the crucial process of due diligence for multifamily properties. Learn how to avoid common financial pitfalls, such as improperly assessing taxes, insurance, and renovation costs, and discover the importance of reviewing leases and existing contracts. Christy shares real-li…
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Steven takes us on the journey of beginner landlord to the most recent lending environment. Join us for the pitfalls of gut instinct and floating-rate loans. Buckle up! Support the show 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…
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In this short episode, Christy takes you down the path of her first 2 deals that had the SAME misstep! Support the show 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 t…
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Having the right inspector on-site is crucial. Join Jerome as he shares his journey of acquiring a 20-unit and an 8-unit property from the same owner, both closing on the same day. Discover the critical missteps that could have cost him and his partners dearly. Tune in as he dives into issues with HVAC systems and emphasizes the importance of atten…
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Aiming for a huge target is not at all bad, but the harsh reality should also be considered. In this episode, we feature Matthew Drouin and his story of doing a deal that entails facing problematic neighborhoods and people down on their luck. He talks about his experience of regret looking upon himself as a hero and brings the invaluable lessons he…
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Holding your money too tightly to invest for inspection would be a big mistake. Michael Sampson notes that it's important to work with a good real estate broker and have professional inspections done on your properties to make sure they're in good condition. He also advises patience when growing a real estate portfolio, as successes can take time t…
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How much do we know about the property before we make a deal? In this episode, Tommy Brant addresses the importance of financial due diligence and how knowing the owners is just as essential as knowing the assets. Tommy also shares how taking the lead on the deal helped create value for him and his partners. [00:01 - 17:18] The Deal that Eluded Me …
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Planning to get the deal requires consideration of a strategic exit too. In this episode, Sam Wilson talks about his investment and exit strategies, avoiding mistakes in the future, and how important it is to make sure that there are out clauses in contracts in order to protect oneself. Listen closely as Sam provides listeners with valuable advice …
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Is it possible to generate passive income while on active duty? Of course! Listen in as Tim Kelly and Jerome Myers emphasize the importance of education and networking to becoming successful in real estate investing. In this episode, Tim explains how to create a community of like-minded individuals in order to leverage relationships and access oppo…
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Many people can get involved as you start your real estate journey, so how do we make sure that the people we have are worthy of our trust? Verifying information and clear communication are keys. In today’s episode, Jerome Myers interviews Dave Seymour, who has a background as a firefighter turned into a real estate investor. Listen as he shares hi…
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Wisdom comes from experience and learning from mistakes. Perhaps for those starting in multifamily investing, being a bit more conservative at first and taking calculated risks is the way. Do not take for granted the relationships you are developing along the way as this may turn out to be more valuable than what you are earning. My guest, Justin B…
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Do you have an exit strategy? A lot of risks go into your investment if you do have one. In today’s episode, my guest, Ben Fraser, discusses the implications of ensuring assets worth more in the future and being able to protect the investment at the same time. Listen closely as he talks about the dangers of over-leveraging in the current market env…
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What makes the real estate industry attractive is how you can attain a huge cash flow passively. However, is that the truth or is there something more? In today's episode, Axel Ragnarsson discloses his story and reminds us of the due diligence to establish when assessing deals, the ramifications of not working with key persons in transactions, and …
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It is perfectly normal for some people to leave you and come into your life. In real estate, however, it should not be. When the people leaving your properties are more than those who come in, you should realize there’s a problem, and you need to pinpoint and address that problem fast. Luckily for Sonya Rocvil, she realized that there’s something w…
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When the property turns out to be way too problematic to handle, it is easier to give up on it. So, should we do it? Alex Moore argues otherwise, saying that as long as you have multiple plans in place, it is even harder not to be successful in real estate investing. Also, she leaves a valuable tip for any investor to avoid huge headaches and uncov…
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Are you putting your opportunity fund in the right places? Although it is common to think that simply putting your money in the bank account is ideal because it is safe and risk-free, clearly, it is not the way to supercharge your investment. As Rod Zabriskie and Blake Brogan stated, we should consider playing around with the idea of compound inter…
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When it seems like everything is going as planned, suddenly, you went way under budget for the renovation. That was the problem Chris Grenzig had to face in his deal. He shares the importance of surrounding yourself with people who know more than you and why you should always ask more questions and look for potential drawbacks to plan for contingen…
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We always hear about the importance of due diligence. Well, we can never say it enough as Ayal Joshua shares his real estate experience of a costly fix that shouldn’t have happened. He goes over the turn of events and the steps he had to undertake to make the property function without compromise and worked on lowering the cost. He emphasizes the va…
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You enter a deal and the underwriting reveals that there is too much expense allocation for the property topped with bandaid fixes to solve… What happens then? Williams Edwards shares this noteworthy experience that ended up with reduced expenses, replaced property management team, and even lower tax burden. He also highlights the value of consulta…
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Dealing with various properties can be such an interesting journey where you’ll encounter issues you never thought would occur. For Justin Fraser, it was about environmental issues and because of this experience, the need to have contingency plans as you go through deals becomes all the more essential. When this happens, staying positive and practi…
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Cheaper is better, right? Well, when it comes to real estate services, that is usually not the case. In fact, the cost for you can even be higher in the long run. Arie van Gemeren highlighted this as he shares the journey of multiple missteps he encountered in his deals. He discusses the dangers of not being properly capitalized - imagine if a sign…
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Let’s talk about tax - that three-letter word is daunting for many people, but when you are guided by a professional, it doesn’t have to be too intimidating. It’s truly discouraging not to acquire the expected income due to unanticipated deductions, so having a professional leading you can help limit this frustration. Larry Pendleton talks about hi…
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Real estate investing can be crazy and scary. Things won’t always go as planned and Angel Williams’ story will get your heart racing knowing the ups and downs their team had to face just to get to the finish line. Sometimes, the members of an LLC had to be restructured and exits can happen for numerous reasons. The important thing is to keep the re…
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Being a limited partner entails fewer responsibilities. However, what would you do if the GPs disappear when things go wrong? For Marc Weisi, he chose to grab the issues by the horns and save the day. In this episode, he emphasizes the significance of practicing due diligence and putting your head down to do the work to save a good deal. Listen as …
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Just the view of piles of papers can already be such an eyesore, but Rodney Thompson warns us of the potential repercussions if we don’t go through the documentation. Relying on others may be an option, but we have to remember that not everyone has your best interest in their mind and that at the end of the day, everything will be under your name, …
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Looking at the numbers may seem like a daunting task, but as Beau Beery stressed in today’s episode, getting systems in place is essential. How do we make it easier? The answer is simple: technology. Without utilizing these tools, we might pass up some opportunities that could have been the way to success. By crunching the numbers effectively, we g…
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We all have our reasons to get into the real estate space. For Nicole Pendergrass, it is achieving time freedom not just for herself, but for her mother. However, like any other business, there would be ebbs and flows we have to face. How frustrating is it to be at a disconnect with the people you think should be working with you? Listen as she bre…
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Establishing solid systems conducive to scaling is the key to have for a successful business. Although it may be inevitable to hit some snags, what’s important is how we learn and become better along the way. In today’s episode, Ruben Greth tells us about how mindset matters in implementing systems and how taking actions out of integrity rises abov…
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We take great lengths just to get a great deal done, but perhaps looking into the aspects of the contract can bring us a better advantage throughout the process. Charles Seaman shares how having an extension built into the contract is advantageous although requires consideration of the cost. His story also tells us the importance of establishing go…
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On the surface, multifamily seems to just be creating living space for people where rentals are charged, aiming to get profit. However, adding more thought to the process itself by not only constructing a good space for living but dignifying the area makes all the difference. In today’s episode, Yusef Alexander talks about the significance of mindf…
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As entrepreneurs, we always look for ways to network. We go to events, send emails, and find out whatever ways to establish connection. However, do we utilize the free resources already available to us? Yonah Weiss tells how we may be overlooking this opportunity. Cyberspace is a tool to build our presence and if we position ourselves professionall…
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It’s natural to be a little bit too excited for a deal. Sure, one may know the ins and outs of managing deals, but actually being in the works, we might be overlooking the process. When this happens, conflicts and heartbreaks may strike. However, in today’s episode, Darryl Murphy Sr tells us that these setbacks should not discourage you. As he shar…
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Occupancy drops, economic downfall, and debt policies are the uncontrollable aspects of real estate investing yet one thing’s for certain: People will do what it takes to maintain a roof over their head. In today’s episode, Darin Batchelder talks about taking advantage of loan origination processes through trading, building more wealth in real esta…
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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 …
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I had the pleasure of speaking with a research architect at the US Army Corps of Engineers, Samuel Stidwell IV. Let’s jump into Sam’s story that failures are part of the process, and it’s a stepping stone for you to learn and be better than you from yesterday. Things you will learn in this episode: [00:01 – 04:37] Opening Segment Sam talks about hi…
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