There’s a dark side of real estate no one talks about. Crime, destruction, theft, violence—you name it, we’ve dealt with it. With the spookiest day of the year coming close, we’re going to tell you all our terrible real estate tales. Everyone on podcasts and YouTube wants to show you how easy it is to invest, how it’s an assured path to wealth, and rarely what type of mistakes you can make. But we’re flipping the script, bringing in some of the best and brightest in real estate to show that the grass is usually greener where the septic tank is. Today’s guests, who have all collectively succeeded at failing, are Andrew Cushman, Jamil Damji, and Matt Faircloth. If you’ve been a BiggerPockets listener, these names may sound familiar to you, but if you’re brand new, let us introduce you to these industry giants. Andrew is a multifamily expert and one of the smartest names in the game on screening and underwriting (analyzing) properties. Jamil built the nation’s largest wholesaling operation and is an expert guest on "On the Market." And Matt, CEO of the DeRosa Group, literally wrote the book on "Raising Private Capital." But these titans of industry only made mistakes at the beginning of their careers, right? Not quite. They share today a selection of stories that will make you realize that the only successful investors are the ones who can both literally and figuratively weather a strong storm. And if you think it’s all cash flow and cruises for these investors, you couldn’t be more wrong. 00:00 Intro 01:32 Quick Tip 01:57 Stinky Sewers, Stabbings, and Screening Mistakes 07:39 Theft, Lies, and Low Occupancy 17:46 Leaky Pools, Land Arguments, and Seller Concessions 38:04 Staying in Your Lane 58:49 Hurricane Heroics and ALWAYS Getting Insurance 01:11:18 Connect with Our Guests! ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Grab Some BiggerPockets Merch: https://bit.ly/biggerpocketsswag ~~~~ Hear Jamil on the “On the Market” Podcast: https://www.biggerpockets.com/podcasts/on-the-market?utm_source=owned_media ~~~~ Grab Matt’s Book, “Raising Private Capital”: https://store.biggerpockets.com/products/raising-private-capital?utm_source=owned_media ~~~~ Listen to Andrew and Matt’s Past Episode on Starting in Multifamily: https://www.biggerpockets.com/blog/real-estate-661?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Vantage Point Acquisitions: https://www.vpacq.com/ ~~~~ The DeRosa Group: https://derosagroup.com/ ~~~~ Jamil’s YouTube: https://www.youtube.com/c/JamilDamji ~~~~ Connect with Andrew, David, Jamil, and Matt on BiggerPockets: Andrew: https://www.biggerpockets.com/users/andrewc58?utm_source=youtube&utm_medium=description&utm_campaign=none David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Jamil: https://www.biggerpockets.com/users/jdamji?utm_source=youtube&utm_medium=description&utm_campaign=none Matt: https://www.biggerpockets.com/users/mfaircloth?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow David, Jamil, Matt, and BiggerPockets on Instagram: David: @davidgreene24 or https://www.instagram.com/davidgreene24/ Jamil: @jdamji or https://www.instagram.com/jdamji/ Matt: @themattfaircloth or https://www.instagram.com/themattfaircloth/ BiggerPockets: @biggerpockets or https://www.instagram.com/biggerpockets/ Episode #681 Show notes at: https://www.biggerpockets.com/blog/real-estate-681?utm_source=youtube&utm_medium=description&utm_campaign=none