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19d • Wins
With Every Deal You Can Choose the "Thrill of Victory" or a Helpful New Learning!
Pulled the plug on a deal I had u/c today following a revised ARV based on physical walkthroughs by me and a couple other local investors.
Learning points:
- Never, EVER count on what you see online to represent actual physical reality! Physical walkthrough before EMD goes hard is a MUST.
- If the deal is iffy, get your DD done ASAP so if it’s a no-go, you can let the LA know quickly. You may lose the deal, but win the relationship.
- Don’t forget to check the surroundings. Things like commercial buildings, busy streets, ugly neighbors, etc. can impact pricing.
As always, you can either win or learn!
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With Every Deal You Can Choose the "Thrill of Victory" or a Helpful New Learning!
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