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Masa Don
  • Real Estate Investor
  • Greenwood Village, CO
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Stir Crazy

Masa Don
  • Real Estate Investor
  • Greenwood Village, CO
Posted Apr 21 2009, 03:55

The issue I am running into, I know a good deal, I have put bids on places that would be a good deal for the last eight months, I have won about six bids but all have had issues (deferred maintenance) that put them out of the deal realm. I LOVE working on my places to get them prepped for rent, tiling, plumbing ext. So now I have sat for eight months since my last deal putting about a bid in a week with NO prevail! I did this on my last deal and paid too much, (still cash flow) but I could have done better. I am not finding any 50% 2% deals, however my own numbers work a 1% deal pretty well I am shooting for 2% willing to go 1% ( on certain units) How do you keep you cool and not pull the trigger on an almost deal?! I’m going crazy here!

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