The Intrinsic Value Podcast - The Investor’s Podcast Network cover image

REI155: Building a Boutique Property Empire w/ Moses Kagan

The Intrinsic Value Podcast - The Investor’s Podcast Network

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The Great Financial Crisis - What Happened?

We bought a vacant, of course, like you buy something vacant. You got to root with a loan, like you got to tenant it up immediately. We finally got the building lease stop and cash flowing. Then the GFC hit and rents went down by 20%. And that was a nightmare. But then the rent started to come back and we ended up doing okay."

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