How Can it Be 100% Occupied with No Drywall - Pancham Gupta
Episode description
If you lose money, you will normally feel bad and think about where you could’ve spent it. When Pancham Gupta lost $15,000 in a deal, he only felt good. Had he not done his due diligence, he would have lost more money than he expected.
Pancham’s story shows you that all kinds of investments have inherent risks, and you should be ready to lose some if you want to gain a lot. You should also be ready to take a few missteps along the way because they will eventually lead you to the path you’re destined to take.
[00:01 - 05:41] Opening Segment
- I welcome today’s guest, Pancham Gupta
- Get in touch with Pancham!
- Links below
[05:42 - 15:35] The Best $15K Pancham Lost
- The difference between a real estate investor and a business owner
- Don’t miss this misstep from Pancham!
- The importance of doing due diligence
- Pancham talks about this deal they didn’t close
[15:36 - 25:41] Doing Due Diligence
- A bad roof was a dealbreaker in one of Pancham’s deal
- Listen to his story
- If you lose a deal, what should you do?
[25:42 - 30:23] Closing Segment
- Don’t miss this advice from Pancham for your real estate investing
- Final words
Tweetable Quotes:
“Your income going down is a function of a problem and you have to fix that problem, which wasn’t there before.” - Pancham Gupta
“Be a student of whatever you’re trying to achieve and keep learning and take action at the same time.” - Pancham Gupta
Resources mentioned:
You can connect with Pancham by emailing [email protected] or [email protected]. Get in touch with him on LinkedIn and Facebook and check out Mesos Capital to optimize your real estate investing!
- LISTEN to his podcast, The Gold Collar Investor
- LEARN the top 6 reasons to invest outside of Wall Street! Start here.
Learn more about Myers Methods of Multifamily Investing: http://bit.ly/37u6oK3
Register for Myers Methods Multifamily Investing Course: https://bit.ly/37iozkB
Learn more about the Mid-Atlantic Multifamily Conference: https://bit.ly/2V7SlCC
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 to book a discovery call now.