{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Episode 305. 5 Things I Got Completely Wrong About Multifamily","description":"When I first got started in multifamily investing, I thought I had a pretty good understanding of how the business worked. I was listening to podcasts, reading books, attending networking events, analyzing deals, and trying to learn as much as possible. Like many new investors, I had a lot of assumptions about what it would take to succeed. Some of those assumptions were right. A lot of them were wrong. In this episode, I share five things I got completely wrong about multifamily investing and the lessons I've learned after buying, operating, and selling 194 units and continuing to own and manage a growing portfolio today. We discuss:  Why bigger isn't always better Why cash flow doesn't solve every problem The realities of partnerships Why raising capital never gets as easy as people think Why buying the deal is only the beginning  Whether you're looking for your first multifamily property or already own rental real estate, these lessons come from real-world experience, mistakes, successes, and everything in between. If you're currently underwriting deals, talking to brokers, raising capital, or trying to grow your portfolio, I think you'll find something valuable in this conversation. Interested in learning more about multifamily investing? Get access to my resources, trainings, and community at: stan.store\/buybuildings If you enjoyed this episode, please leave a rating, write a review, and share it with someone who could benefit from it. Remember, it only takes a small axe to build a lasting empire. \ud83e\ude93\ud83c\udfe2 ","author_name":"Small Axe Podcast: Multifamily Real Estate | Buy Buildings, Build Empires","author_url":"http:\/\/smallaxe.libsyn.com\/website","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/41562905\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/202712995"}