May 09 2020 29 mins 2
Janene Tompkins joins Jerome Myers on the Myers Methods Presents Multifamily Missteps Podcast to discuss the missteps with her units being "retail" purposes and the struggles associated with strong property management. We learn why she believes that real estate is a great addition to her stock market investments. Janene also shares the details on how she inherited a pitbull puppy. Janene believes that the most important thing you can do to make your property do well is creating a sense of community and ownership In this weeks show we learn about: - the challenges with self management - the importance of selecting a safe neighborhood - what to do if your vacant unit is broken into - risk associated with out of state investing - why you must go in each unit during your inspection period - challenges of deferred maintenance during take over - importance of having enough time to allocate to new property turnovers If you are interested in getting more multifamily investing education go to www.myersmethods.com Support the show (https://www.facebook.com/groups/157335752156211/)
