DONTLISTEN TO BROKERS (THERE'S STILL GOOD DEALS OUT THERE)
Wednesday, December 16
Agents always tell me, "the market is hot. You won't find apartment properties at a discount". I never listen and decided to go to direct to owner approach instead. Even though I haven't ran into a real motivated seller yet who's willing to sell below market yet I know deals out there exist. We...
BIGGIE SAID DONT MAKE MOVES UNLESS YOUR HEARTS IN IT
Saturday, December 12
Biggie said, "don't make moves unless your hearts in it". I finally found my passion after 32 years of living. Growing up wanted to be architect, singer, and an NBA player. But, growing up with cerebral palsy I realized being a singer or a basketball player would be a little far fetched. Growin...
2020 was rough (considering changes)
Friday, December 11
I had a series of unfortunate events happen to 3 my properties this year: 1) one property, my first tenant ever, moved out because they bought their own house so I saw my first year's cashflow go out the door due to turnover cost (tenant left junk behind) 2)my other property was rented out durin...
2020 is coming to an end
Tuesday, December 08
I had one goal this year which is to close on a 8-20 apartment unit. I haven't given up yet. I know that anything can happen in 3 weeks. My team can call the right seller tomorrow and all of a sudden we have a property under contract . I am like Kobe bryant. I can be down 4 points, but as long a...
HELPING SELLERS MAKE A DECISION
Saturday, December 05
People's number 1 fear is making a bad decision .People are scared of being taken advantage of. This is why people ask for "more time" to make a decision. Some apartment owners might be motivated to sell, but believe that by asking for more time will help them avoid a bad decision. As a closer,...
IT ALWAYS STARTS WITH YOUR MENTALITY
Thursday, December 03
I don't think there's any other business that requires as much patience the real estate. Real estate will test you. It will test how bad you really want this. On the management side things will break, tenants will lose their jobs, you're going to have disagreements with team members . How quickly...