"Our Building Exploded" — The Truth About Passive Income

The Owner Meeting
19/10/2025 10 min Episodio 70
"Our Building Exploded" — The Truth About Passive Income

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Episode Synopsis

We respond to a 3AM call about a supposed building explosion that turned out to be a garage outlet fire, assess $15K–$20K in damage, and explain why multifamily investing is far from "passive" during the build phase.
The episode covers buying a 76-unit property, using LIHTC and Section 8 as competitive advantages, lessons on hiring and firing, and advice for young entrepreneurs to take risks, learn fast, and build an A-team.

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