Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Mike Curadossi On Failure #realestateinvesting #podcast #multifamilyrealestateinvesting101

4 Feb 2025 · 0 min

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0:27

In this brief segment, Mike Curadossi explains that when most major aspects of a real‑estate project are correct, failures often stem from minor, inexpensive oversights. He emphasizes that fixing these small issues—like a $10 mistake—takes only seconds and becomes easier with experience. Using a house‑rewiring and smoke‑detector analogy, he illustrates how understanding requirements allows quick, low‑effort corrections, reinforcing the idea that continual learning and repeated practice improve one’s ability to meet compliance and avoid costly rebuilds.

If you're getting like 99% of the things correct, like all the big items, and you fail because of like something dumb, it takes 2 seconds and it costs you like $10. It gets easier and easier as you get good at it to actually to meet their requirements and to fix whatever failure report you get. It's like, oh, that's stupid. Like, yeah, just go do it. Not like something crazy that you have to like rebuild the house for, you know, so you have to rewire the whole house with smoke detectors because you already know what the requirements are. So you make sure the smoke detector, right? So, you know, you learn as you go and the more you do, the better you'll get at it.