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3 contributions to Get Your 1st Multifamily Deal
INTRO
Hello, my name is Gary. I live in the Phoenix area and am retired from the HVAC industry. I am a Navy vet. Looking forward to meeting new people, learning alot and making some great connections.
0 likes • Aug 5
@Kat Cabral thank you 😊
1 like • Aug 6
@Shannon Hart thank you. Let's do this and learn as much as we can. Best of luck to you.
Replay Is Up: What Most Buyers Miss in Due Diligence
Afraid of buying the wrong property? This week's training is your protection plan. Due diligence isn't "hire an inspector." It's checking the seller's story before you're stuck with it. Here's what @Stacy Conkey covered: ✅ The right order: paper first, property second - Do everything FREE first (leases, rent roll, T12, tax calls, insurance quotes). Only pay for inspections once the paperwork survives. One student's 12-unit was "fully occupied"... but only 6 tenants were paying. The paperwork caught it before a dime was spent ✅ The T12 deep dive - Go line by line, month by month. Circle anything weird and ask about it. A strange water bill spike can tell you a whole story ✅ Rent roll vs. leases - The leases are the source of truth. Everything should match. It frequently doesn't ✅ The $254,000 property tax mistake - One student's taxes were set to jump from $20K to $34K after closing. On a commercial deal, that $14K NOI hit meant a quarter-million-dollar valuation error. ALWAYS call the county assessor and ask what YOUR taxes will be after the sale ✅ Insurance quotes EARLY - Some carriers won't write older roofs, certain wiring, or non-hurricane windows. Find out while you can still exit ✅ The 3 outcomes - Proceed, renegotiate (95% of "dying" deals get saved this way!), or walk. And if you walk: written notice, inside your inspection window, one reason only: "there's more wrong with the property than we thought" ⚠️ Golden rule: NEVER waive your inspection contingency. It's your only exit, and it's non-negotiable when partner money is in the deal. Your homework: 1. Watch the replay if you missed it 2. Start the 5-Day Challenge to Your First Offer in the community 3. Call the county assessor in your target market and learn how taxes get reassessed after a sale 🚨 LAST CALL: Inner Circle founder pricing ($47/mo) ends TOMORROW, July 31. It jumps to $97/mo on August 1. There's a 7-day free trial, so go check it out before the price goes up!
2 likes • Aug 2
@Kaycie Roberts I just joined this group. Where can I find the replay?
0 likes • Aug 5
@Stacy Conkey yes, thanks
I Fired My Contractor Mid-Rehab. Here's What I Learned.
I want to talk about something that doesn't get covered enough in the "here's how you invest remotely" conversations. What you do when your contractor goes sideways. Mine did. And I caught it the way most remote investors catch it, which is through a property manager doing a video walkthrough. Twenty minutes of footage that made it very clear the work that was supposed to be done was not done, and the contractor who was supposed to be doing it had been lying to me about the timeline for weeks. I fired him. Mid-rehab. Here's what I want you to know about that moment: it was terrifying. I had a property that was partially torn apart. I had a funding clock running. I had another deal in process at the same time. The last thing I needed was to restart from scratch on the people side. But keeping a lying contractor is worse than firing one. Every day you leave them in place, they're taking your money and burning your timeline. The discomfort of firing and replacing is temporary. The damage of not firing is compounding. What I did: I called my PM. She had a backup contractor in her network. I had someone new on the property within a week. The rehab got finished. The deal closed. Your property manager is not just rent collection. They're your eyes, your problem detector, and your backup contact for every vendor you have on site. If yours can't do that, you need a different property manager. Has anyone here had a contractor situation go sideways? What did you do? Drop it below.
I Fired My Contractor Mid-Rehab. Here's What I Learned.
1 like • Aug 2
Thanks for sharing 😊
1-3 of 3
Gary Millican
2
9 points to level up
@gary-millican-7469
My name is Gary. Born and raised in Seattle, but now living in Phoenix, AZ. Recently retired, I was working in HVAC and am a veteran of the U.S Navy.

Active 8h ago
Joined Aug 2, 2026
Phoenix, AZ
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