Speaker explains why six companies were created: to gain more control over operations so they can quickly fix problems and help investors succeed. Emphasizes that human error is inevitable in real estate (rehab delays, budget overruns) and stresses the importance of being able to respond rapidly — "run down the hallway" to fix issues. Tone is pragmatic and experiential.
And so that's how the six companies came to be was literally us just trying to have more control over everything that we do because it's easier for us and it allows our investors to win because we're able to fix problems. We are human. There's not enough people that remind us all that we're human and that we make mistakes and that mistakes are going to happen. This is real estate. Things happen and we have to be able to fix it, and things are going to continue to happen. We're still going to have issues with rehab. We're still going to have issues being over budget. When those things happen, it's great to be able to run down the hallway to be able to fix it.
Physicians and High Earners — What Real Estate Can and Can't Do for Your Taxes
