Ep. 49 | Operating Costs Up 40% and Counting: The Math Nobody Wants to Talk About
About this episode
Kerri Davis interviews David Lynd about the rising operational costs in multifamily housing and the challenges faced in property management.
In this episode, Kerri Davis, CEO and Founder of Fortress, sits down with David Lynd, CEO of The Lynd Company, for a candid, no-nonsense conversation about operational discipline, leadership through adversity, and the hard truths shaping the future of multifamily. Listen in to hear David: Share how growing up working on apartment sites—from digging sewer lines to running properties—shaped his relentless, data-driven approach to operations and why property management became the most challenging and rewarding work of his career Break down why operating expenses have surged more than 40% since 2019, why rents haven’t kept pace, and how technology, amenities, and herd mentality have quietly eroded value instead of creating it Reflect on leadership, culture, and accountability—from building teams that thrive under pressure to redefining work environments that prioritize performance, trust, and long-term sustainability in one of the toughest market cycles multifamily has ever faced
More episodes of Multi-Family Grit
- Ep. 51 | Doing It Right vs. Doing It First: The Discipline Behind Affordable Housing Compliance
- Ep. 50 | The Worst Job on the Planet: Rethinking the Regional Role in Multifamily
- Ep. 48 | From Falling Into Multifamily to Scaling 45,000 Units: The Power of People and Systems
- Ep. 47 | Perfection Is Not Scalable: Letting Things Break to Build Better Teams
- Ep. 46 | When Automation Knocks: Why Operational Excellence Is No Longer Optional
- Ep. 45 | From VHS Tapes to AI Workflows: Reimagining Affordable Housing Operations
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