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Michael Jake Reveals The Best Part Of Any Real Estate Deal
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Ok, so this is just a quick video post I wanted to share with you from the a guy named Michael Jake out of Colorado who is known as “The Local Mentor”. In this video he reveals what is in my opinion, the best part of any wholesale real estate investing transaction.
This is the part that everyone strives for and how many times you complete this step will separate you from the rest. I actually found this video on youtube and thought you might be interested. This is actually Part 2 of this wholesale real estate investing video. The best part that I’m referring to starts about 2 minutes into the video. (2 minutes and 19 seconds to be exact).
If you really want to see part 1 then here it is: http://www.youtube.com/watch?v=p32PxqwCtLQ
However, I posted this blog post for Part 2! The Best Part!
Basically this investor got the deal under contract and purchased it himself. He made no repairs to the home and had a buyer make an offer… Sadly the deal fell through because of financial reasons on the buyers’s part. Finally he had another offer come in… This was a cash offer….and we all know what happened next right?
See what happens next by watching the video above:
Share This Video By clicking the RETWEET button.
Have you ever experienced this with your wholesale real estate investing or any other strategy? If so, tell us how it was in the comment section below!
Thanks,
J. Lamar Ferren
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June 6th, 2010 at 12:51 pm
I’ve noticed in my 7 years as a Realtor that most people shop value before quality. Meaning they go for the cheaper price…
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