MB 079: How ‘Walmart Shopping’ for My Team Cost Me $2M in Multifamily – With Damion Lupo

One of the big real estate rookie mistakes is to turn into a Walmart shopper as you build your team. But my guest today, Damion Lupo, can vouch for the fact that a quality team is an investment that will save you millions in the long run. He discusses his first multifamily deal, a 119-unit property in Memphis that resulted in a $2M loss, and the painful lessons he learned about failure, building a team, and the value of an experienced mentor.