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General Real Estate Investing

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where was your most impressive deal?

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Posted Aug 3 2008, 11:02

where was your best deal as an investor? the deal that turned the corner in the way you attacked future projects. it doesn’t have to necessarily be the most profitable one but perhaps teaches a valuable lesson.

ill start. i was calling about a property in a desired location that as i found out during the call had a horrible cap rate, was overpriced and had numerous issues with the city. just before i was about to hang up i asked if he had any other investment properties in the area. and boom, that’s where i first heard about my second and best deal to date. now i never end a call without those simple words.

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