The Spark and First Stumble
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The Spark and First Stumble
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About this listen
What lights the fire for a real estate investor—and what threatens to snuff it out?
In this powerful kickoff episode, host Jason Johansen sits down with investor Shafik Hijri, who shares how a desire for a better retirement led him away from 401(k)s and into the unpredictable world of real estate. From the excitement of that first multifamily purchase in Rochester to the hard slap of inherited tenants, delayed evictions, and unexpected expenses, Shafik opens up about the early stumbles that almost knocked him off course.
You’ll hear:
Why rejecting the "traditional path" led to their first property
The mistake of making a rental “retail ready”
The emotional weight of eviction delays and negative cash flow
What they wish they’d planned for in year one
How reinvestment without reserves almost backfired
Real stories. Real numbers. Real setbacks.
If you're considering your first deal—or trying to recover from one—this episode is the honest conversation you need.
📥 Free Resource: Get your copy of Mastering Multifamily Investing: 36 Must-Ask Questions for a Successful Passive Investment at MeridianPointCapital.com/Guide