15
May 31, 2026
How can one investor lose control of a property, suffer two years of zero cash flow, and sell in distress, yet walk away with $1.25 million on a $500,000 investment, while another investor buys that same property, executes a perfect business plan, raises cash flow, and still ends up with no gain or even a loss? That actually happened. The answer lies in the second variable of the valuation equation: the multiple. In this follow-up to Episode 14, Josh Eisenberg tells the true story of a 2019 rea...