Make Sure You Understand Who Controls the Capital - Dave Seymour

Multifamily Missteps Hosted by Jerome Myers

Many people can get involved as you start your real estate journey, so how do we make sure that the people we have are worthy of our trust? Verifying information and clear communication are keys. In today’s episode, Jerome Myers interviews Dave Seymour, who has a background as a firefighter turned into a real estate investor. Listen as he shares his struggles with the consequences of the downturn in the market. They discuss how property values can go down, even in good times, and how this affects their decision-making.

[00:01 - 04:41] Opening Segment

• Suffering financial pain and being forced into entrepreneurship
• Progressing the business and educating people
• Riding the roller coaster of real estate

[04:42 - 19:01] Understand Who Controls the Money

• The one who controls the money wins
• The effects of high inflation and current events
• Being solid in predictions than someone who is just starting out
• Staying in the trenches and never giving up

[19:02 - 24:04] Be Careful of Whom You Trust

• The harsh truth when you are taken advantage of
• Creating a flow chart to make it easier for potential investors
• Advice on verifying information before taking any action

[24:05 - 25:53] Closing Segment

• Never give up
• Final words

Tweetable Quotes:

“He who controls the money wins his race” - Dave Seymour

“Never give up, never lay down, never surrender trust, but verify.” - Dave Seymour

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