Mike Tighe joins Jerome Myers on the Myers Methods Presents Multifamily Missteps Podcast to discuss the missteps with purchasing his first property cross country in a joint venture. We learn the risk associated with bridge debt. Mike shares how your partners can influence you to stretch yourself and how to build repertoire with brokers over the phone. He also takes us through a break down on his first off market deal, being under capitalized and the financing struggles with closing the property
Mike believes that you have to be willing to delay gratification in order to live an amazing life.
In this weeks show we learn about:
– bridge debt
– helping increase the number of showings at your property
– importance of having an experience partner
– house hacking
– BRRRs
– paying contractors a fair wage
– collecting delinquencies
– value of mentorship
If you are interested in getting more multifamily investing education go to www.myersmethods.com
Say hi to Jerome
Say hi to Mike
