BigMikeFund

223: Navigating Property Management Challenges with Corey Peterson


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Welcome back to another episode! Today, it’s a pleasure to have Corey Peterson, the Chief Kahuna of Kahuna Investments, return to the show. Corey specializes in multi-family apartment investments, offering investors consistent cash flow and long-term growth. As a bestselling author and host of the Multi-Family Legacy Podcast, Corey brings a wealth of experience to the table.

In this episode, Corey discusses the challenges of managing properties remotely, highlighting issues such as theft and inflated vendor prices that can lead to financial losses. He emphasizes the importance of accountability and vigilance in property management, addressing the impact of theft on expenses, revenues, and property valuations. Corey also shares strategies for buying distressed properties and securing deals at a discount, as well as the significance of focusing on familiar markets while diversifying investment portfolios.

Through education and transparency, Corey attracts passive investors seeking to build wealth and achieve financial freedom through strategic real estate investments. Tune in now to gain insights into overcoming property management challenges and unlocking the potential for financial prosperity with Corey Peterson!

HIGHLIGHTS OF THE EPISODE

00:23 – Guest Intro: Corey Peterson

01:21 – Challenges of managing properties remotely

02:06 – Theft and inflated vendor prices lead to financial losses

06:03 – Accountability and vigilance are essential in property management

08:00 – Challenges of property management: The impact of theft on expenses, revenues, and valuations

12:07 – Buying distressed properties and securing deals at a discount

24:15 – Focusing on familiar markets and diversifying

30:19 – Passive investors are attracted through education

If you found this episode substantial and want to dig deeper into real estate, or maybe you want to discover better investment opportunities, be sure to check out www.tempofunding.com.

CONNECTING WITH THE GUEST

Website: https://kahunainvestments.com/

Linkedin: https://www.linkedin.com/in/corey-peterson/

Instagram: https://www.instagram.com/kahunacashflow/?hl=en

Full Transcript:

Intro: Welcome to the BigMike Fund Podcast. Where you learn about advanced wealth building strategies from real estate investing to creating massive ROI and securing retirement profits. So pour yourself a cup of coffee, grab a notepad, and lean in. Because Big Mike has got the mic. Starting now.

Mike Zlotnik: Welcome to the BigMike Fund Podcast. I'm the Big Mike, Mike Zlotnik, and today it is my pleasure and a privilege to welcome back Corey Peterson. Hey, Corey.

Corey Peterson: What's going on, Mike? 

Mike Zlotnik: I'm good. How are you? I was gonna say Mr. Big Kahuna, Kahuna Investments, right?

Corey Peterson: That's it. Yeah, Big Mike, dude. It's always Big Mike. That's what I love about you. My, and my best you know, spasiba, bajasta. I'll tell you, it's been crazy out there, my friend. It is a crazy time set we're in and The last time we talked, we talked about a lot of stuff, but man, I, I am people are your, are either your biggest asset or your biggest problem. And especially when it comes to property management. It's been crazy. It's been crazy.

Mike Zlotnik: Still. I think last time we talked, I re...

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