DEALS OR DUDS — TRUTH TIME
Let’s stop pretending every “opportunity” is a winner. You think you’ve got a deal? Drop it below. We’ll all find out. Ignorance is VERY expensive…. ⚠️⚠️Before posting⚠️⚠️ Make sure you have the details and numbers required to analyze quickly. 🔥How many units total🔥 🔥🔥What’s it worth? (If it’s listed for 1mm, and not selling - it worth less than a million. No one is buying it for more than that - don’t be fooled by sales hypes) 🔥🔥🔥 what are you buying it for? 🔥🔥🔥🔥 what’s it going to cost to repair (ish) 🔥🔥🔥🔥🔥 if it’s over 4 units - I need the gross income. Not the net. The GROSS. 🔥⚠️🔥 If single family - did you check recent sold comps 🔥🔥🔥🔥🔥 if you know why they are selling - add it on there - it’s better if you do - but it’s a question we NEVER ask until later in the game - when they trust you Maybe you kinda-sorta-maybe think it’s a deal but your gut says “this smells off”? Also drop it. This is where we separate the closers from the hopers. The learners from the fantasizers. The spreadsheet warriors from the contract slayers. No judgment. Just TRUTH. And feedback that actually helps you get better. Because hiding your bad deals is how you stay broke. Let’s go: what are you working on right now? Deal or dud? 🚨make sure you post all 4 🔥🔥🔥🔥 - or post gets weed whacked - if you won’t pay attention. Why should we?!?