Published: June 25, 2020, 4 p.m.
Vehano and Nick's Background:
- Founders of Dreamstone Invest out of Atlanta/Tampa which owns $13MM in multifamily real estate
- Vehano has a CPA background, having worked in commercial banking, consumer goods, REITS, and more
- Nick brings an engineering background from residential construction and previously worked for IndyCar
In this episode we cover:
- 00:04:56 Aligning goals and future planning
- 00:08:08 Determining your goals and reversing what you need to do to get there
- 00:11:48 The concept and execution of a retrospective
- 00:15:35 Correcting course when the goalposts drift
- 00:19:20 Focusing on the process and not the results, they will inevitably follow
- 00:21:54 Sticking to your laurels and morals to not picking up the wrong business
- 00:23:33 How to quickly get to a "No" on a deal to move on, and if you can't, it's worth looking into further
- 00:25:30 Nick and Vehano's approach to keep projections conservative
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*****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that have helped them achieve their success so far.