E88: Seth Teagle - He bought his first 50-unit with no prior multifamily experience!
True Multifamily
English - September 10, 2021 21:08 - 42 minutes - 39 MB - ★★★★★ - 22 ratingsInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, Seth Teagle of The Stream Group joins True Multifamily to talk about buying his first multifamily property, a 50-unit in Columbus, Ohio. He gets real with his experience and shares the first-time mistakes he made and all the growing pains of owning his first multifamily property. He shares tips on how to build the initial credibility without prior multifamily experience and what to do when a management company doesn’t deliver.
Seth also talks about vertically integrating his company and how the approach enabled him to scale up and reduce costs while building meaningful relationships in the process. He goes into detail on the advantages of vertical integration, especially on the management aspect of owning a multifamily property.
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