Jason Mandel Podcast: How to Avoid the Mistakes That Cost Investors Millions
Joe Downs from Self Storage Investing sits down with Jason Mandel, an RCCB partner who focuses on real estate, corporate, and business law, to unpack the nerve-wracking story of a nearly disastrous self-storage acquisition—‘The Storage Attic.’
Minutes before the due diligence deadline, RCCB discovered the property was four feet underwater in a flood zone—not the two feet the 87-year-old seller claimed. The insurance premium? Jumped from $12,000 to $81,000 a year.
Jason walks us through how quick legal thinking and smart contract clauses saved the deal—and Joe’s investment. They also dive into cautionary case studies from SSI students, covering pitfalls like outdated broker forms and zoning blind spots.
Listen to learn:
🟦 What happens when a deal looks perfect but hides a fatal flaw
🟦 How a delayed survey nearly cost millions
🟦 Legal options when due diligence runs out
🟦 Why standard broker contracts can be dangerous
🟦 How zoning issues can sink a deal after closing
This episode shows that having the right legal advice isn’t optional—it can make or break a self-storage investment.
Podcast: https://lnkd.in/ed44ynMi