Want to create an interactive transcript for this episode?
Podcast: Real Estate Investing with RealDealChat
Episode: Why Partnerships Make or Break Real Estate Investing with Erik Nordstrom and Eric Strom
Description: Erik Nordstrom and Eric Strom share how surviving the 2008 crash shaped their approach to partnerships, underwriting, and in-house property management.In this episode of RealDealChat, Erik Nordstrom and Eric Strom of Iron Ridge Capital break down what nearly two decades of investing together has taught them about real estate, relationships, and risk.We start with Erikβs early exposure to apartment syndication and the decision to bet on commercial real estate just before the Great Financial Crisis. From living through 2008β2009 to swinging hammers on their first six-unit deal, Erik and Eric explain how that painful peri...