Loss
I do service work, so I'm walking through houses all week, and the idea of finding deals for the investors I already know seemed obvious. I asked nine of them if they'd buy a disc…
Loss
Locked a 3/2 at 148k against a written buy box from a buyer who closed nine houses last year. He passed on day nine because his lender wouldn't fund a fifth concurrent project. I…
Win
I don't move fast on anything, so I did this in the order that felt safest. I asked one buyer what he wanted before I looked at a single house. He's a local guy with maybe 30 rent…
Win
I don't like doing anything without paper, so before I looked at a single house I sat down with a buyer who owns maybe fourteen rentals in older working class blocks and made him…
Win
Buyer is a rental operator running around 40 doors who adds two a month when the price is right. He wanted exclusivity. I wanted repeat volume without being his unpaid acquisition…
Win
This is the first deal where the sequencing actually paid me instead of just making me feel organized. I'd spent about two months getting written criteria from small operators rat…
Loss
Posting this because the mechanics of how I lost the money are more interesting than the amount. The buyer was a mid-size operator buying through an acquisitions analyst, single f…