Duane Winkel - Relentless Multifamily Business Insights

<p style="margin-top: 0in;"><strong><span style= "font-family: 'Arial',sans-serif;">Key Takeaways</span></strong></p> <p><span style="font-family: 'Arial',sans-serif;">Investors can discern sincerity, and authenticity is a key factor for long-term partnerships.</span></p> <p><span style="font-family: 'Arial',sans-serif;">When rates rise, it can be a good time to buy, and when they fall, it's favorable for selling as property values increase.</span></p> <p><span style="font-family: 'Arial',sans-serif;">Renovating properties with high vacancy rates, despite potential bank reluctance, offers a chance to improve and raise market rents.</span></p> <p><span style="font-family: 'Arial',sans-serif;">I love the journey more than I love the actual outcome of it. it's just that relentless passion.</span></p> <p><span style="font-family: 'Arial',sans-serif;">The relentless pursuit should be fueled by passion, not just for the outcomes but for the entire process, ensuring sustained motivation and satisfaction.</span></p> <p style="margin-top: 0in;"><strong><span style= "font-family: 'Arial',sans-serif;">Timeline</span></strong></p> <p style="margin-top: 0in;"><span style= "font-family: 'Arial',sans-serif;">[01:40] Intro to episode guest</span></p> <p style="margin-top: 0in;"><span style= "font-family: 'Arial',sans-serif;">[02:56] One word that describes <strong>Duane</strong> personally and professionally.</span></p> <p class="MsoNormal"><span style= "font-size: 12.0pt; line-height: 115%; font-family: 'Arial',sans-serif;"> [05:50] Talk about your background a little bit and how’d you get into this?</span></p> <p><span style="font-family: 'Arial',sans-serif;">[11:26] <strong>Duane</strong> talks about the business side of multifamily.</span></p> <p><span style="font-family: 'Arial',sans-serif;">[15:02] So what does it cost per unit to put a water conservation package in typically?</span></p> <p><span style="font-family: 'Arial',sans-serif;">[17:10] I know you are working on a deal right now, why don’t we talk about that a litt