Jan 9, 2019
What happens when you sign the dotted line and officially go under contract? That doesn’t mean it’s a done deal. You’re not out of the woods yet because there’s still a lot of moving parts to manage.
Here’s part 2 of 3 regarding my University Crossings deal. I share what went wrong, what went right, and how I overcame obstacles that are often part of multifamily transactions.
Topics on Today’s Episode:
Links and Resources Mentioned:
Quotes:
“Our due diligence does not start until they have delivered it...we have to sign off and say that they have delivered all items.” Corey Peterson
“Do not think we’re stupid. We want you to be fair. We want you to be upfront, and we don’t want you to think that you’re just going to get rich off of us.” Corey Peterson
“Negotiation - everybody goes in with a gun, but no one has any ammo.” Corey Peterson
“We had leverage at this point, and leverage, my friend, is very, very vital to being a good operator.” Corey Peterson
Don’t forget to download my Free Workshop Quickstart Video Series, and if you like what you have heard please leave a review on iTunes.
Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.