Episode Summary:

In the latest episode of the House of Horrors: The Legal Podcast for Real Estate Investors Podcast with Bonnie Galam, we’re joined by REVA Global CEO Bob Lachance, who shares two jaw-dropping real estate horror stories that every investor should hear before their next deal.

Bob walks us through how he lost $150,000 on a knockdown rebuild in Greenwich, Connecticut—and the missteps that led to it, from trusting the wrong partners to skipping key legal reviews. With brutal honesty, Bob lays out how “can’t-miss deals” can easily spiral into high-cost lessons if you’re not diligent.

We also dive into another nightmare—this time with a shady property manager in Florida who kept slapping Bob with inflated repair bills. Bob shares how he navigated it, documented everything, and ultimately cut ties before losing even more.

But the episode isn’t all doom and gloom. Bob also shares how leveraging Virtual Assistants from REVA Global helped him recover time and grow his business—after closing over 2,000 real estate transactions, including 240 in 2022 and 180 in 2023.

If you’re an investor looking to avoid costly mistakes and scale smarter, this is one episode you can’t afford to miss.