Episode 11: Her boiler was stolen, but planning and preparedness kept the project on budget!
This episode is part of a series recorded at PodMAX, an event that connects podcast hosts and entrepreneurs within the real estate space who have fascinating stories to share.
Palak Shah, owner and founder of Open Spaces Capital and Open Spaces Women, joins True Multifamily to share her story of having a theft as soon as she closed the property. She mentioned how important contingency is and how her team made lemonades out of the lemons given to them.
Palak shares her different approach, providing a long term strategy to provide quality housing when it comes to property management. Upon quitting her job and building her amazing portfolio, she envisioned getting women the support to learn more about real estate and learn more about value add investing, empowering women throughout the process.
She was also featured on the BiggerPockets Money Podcast.
For Palak, the best way to scale is to find a scalable model and to keep on doing it, providing excellent service to tenants through social impact and profitability.
Reference Links:
BiggerPockets Money Podcast featuring Palak Shah
$3,500 per Month From One BRRRR Deal With Palak Shah
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