Hereās your reminder, dealmakers ā when youāre hunting for commercial properties, donāt get caught chasing every shiny opportunity. Youāre not just looking for a deal⦠youāre qualifying the right deal. š
Ask yourself these 3 power questions before you waste another minute:
1ļøā£ Is the seller motivated?If theyāre not flexible on price or open to creative terms (like owner financing)⦠theyāre not your seller. š Move on and circle back later. Time is money.
2ļøā£ Does it cash flow?If it doesnāt pay for itself from Day One (or have a clear path to get there)⦠š« itās not a dealāitās a headache waiting to happen.
3ļøā£ Can you build equity?Either buy below market or structure the terms to create equity fast. š° Thatās how you make room for your profit and your assignment fee.
š” Remember: Every ānoā gets you one step closer to the āyesā that changes everything.
Youāre not chasing dealsāyouāre building a business.
Drop a šŖ in the comments if youāre done chasing and ready to start closing.