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Real Estate AddictsMarc Savatsky, Ray Hurteau, and Dan Rubin open up and discuss their own deals, budgets, and mistakes every Tuesday. Author: Marc Savatsky, Ray Hurteau, Dan Rubin
Marc Savatsky, Ray Hurteau, and Dan Rubin open up and discuss their own deals, budgets, and mistakes every Tuesday. Not guru content. The stuff that decides whether a project makes money: what a triple decker really costs to build now, the retroactive Newton tax bill that landed on unsuspecting condo buyers, the helical pile surprise that cut a deal's IRR from 70% to 40%, the eleven-week-old demo company doing 6K a week against a 20K burn. They read their own numbers on air, including the ugly ones. A typical week is some mix of: a breakdown of one of their active projects (an 1874 adaptive reuse in Amesbury, a Dorchester three-family held fourteen years, a waste and demo business), a guest who does one thing extremely well which include zoning attorneys, architects, labor lawyers, energy consultants and brokers. Ray's Multifamily Minute on the news that actually moves the needle, and a round of Overrated / Underrated / Appropriately Rated. Heavy on Greater Boston and New England, because real estate is hyperlocal and pretending otherwise is how people lose money. Useful anywhere the same problems show up: permitting, capital stacks, subs, tenants, and the gap between what the spreadsheet says and what the building does. For investors, developers, GCs, agents, and anyone still holding a W-2 while they figure out deal one. Co-hosted by Ray Hurteau, Dan Rubin (Instagram: @rhinvestgroup), and Marc Savatsky (Instagram: @choose_boston) Follow the Real Estate Addicts Podcast on YouTube: @RealEstateAddicts Language: en Genres: Business, Entrepreneurship, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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9 Units Almost Done, Then Fire and Flood: Cam Denommee of ServiceMaster
Episode 156
Tuesday, 3 November, 2026
A smoldering fire, a burst PEX line and water pouring through three floors of a nearly finished nine-unit building, about a week before the certificate of occupancy. Marc, Ray and Dan sit down with Cam Denommee of ServiceMaster by Gilmore, whose team had two crews on Marc's site right away. They walk through what actually happened, from a line set soldered in a ceiling to fire suppression that wasn't turned on yet, and what to do in the first hours: shut the water, stay calm, salvage what you can and document everything. Cam explains moisture mapping, demo-and-dry timelines, why bleach doesn't kill mold, how Xactimate and photo documentation decide what insurance pays, and how a restoration franchise wins work when people call three companies and hire whoever shows up first. Plus the plan to get a temporary CO on the six unaffected units, and the questions every developer should ask before turning on the water in an unoccupied building. If you build or own buildings, start here.Watch the full episode on YouTube: https://youtu.be/-2ZYhTKCuaE
