The Clever Investor Show

Real Estate War Stories: Gangs, Fake Appraisals & a $5M Surprise

The Clever Investor Show

Show Notes

Ever wonder what can really go wrong when you start investing in real estate? In this first episode of the Clever Investor Show, Cody Sperber, Veena Jetti and Garrett Lynch trade the craziest stories from 23 years and billions in transactions, and the hard lessons buried inside them.You'll hear how predatory foreclosure buyers hurt homeowners and the industry, how a fake appraisal led to a 380-unit Memphis apartment complex full of problems, and how a wholesale deal fell apart when buyers threw an open house party. You'll also pick up practical contract protections, such as why you should never match assignment closing dates and why you always keep a backup buyer, plus a surprising $5 million art collection found in a basement, and why the career is still worth it.Want to learn how to land a big-paycheck wholesale deal the right way? Join the challenge.https://sixfiguredealchallenge.comNew to investing and want a mentor and community in your corner? Start here.https://dodealswithme.com/proxi/offerThinking about multifamily? See how to scale into apartment deals the smart way.https://apartmenttransactionmastery.com/attend-vCHAPTERS00:00 Intro and taboo topics01:34 Worst investor behavior: foreclosure sale-leaseback scams05:35 Fake appraisal and the Memphis 380-unit nightmare15:20 The wholesale deal, the open house party and John27:43 Gurus, infomercial legends and the winery33:00 The $5 million art collection in the basement36:32 Houses with surprises and Chicago stories53:11 Why it's still a great career: mentorship and community Learn more about your ad choices. Visit megaphone.fm/adchoices

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