This episode breaks down Brandon Turner’s syndication failure in Katy, Texas — a deal that lost roughly $15 million after being bought at a sub-4% cap and burdened with short-term debt. Hosts analyze where the underwriting failed, how strong operations couldn’t save an overpaid asset, and why access to large audiences can enable risky deals.

Key takeaways: underwrite like a GP even as an LP, prioritize cash flow to hold for appreciation, beware of scaling beyond your core strengths, and understand the reputational risks of raising capital through brand power.

Join Christian Osgood and Michael Zuber, a Texas multifamily investor and one of Brandon Turner's prior coworkers, as they discuss what really went down with this deal and what else is about to happen for Brandon Turner.