Brian @BrianInCRE
Joined August 2022-
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@gridboundStory @BarbellFi Depends on the value of the house
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@adamstatonsmith In land development, specifically with home builders. I prefer to pritoize focusing how the contract dictates when the EM goes hard more than the amount. So many developers/builders slip in fine print clauses that make the EM not actually hard even when DD expires.
Brian retweeted
You won’t find a deal for 6 months then boom. You will find 3 in a week. Keep pushing.
@YIMBYLAND And wait 4 months for an arborist approval
@ChrisRamsey60 “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” - Warren Buffett
@T4242033532960 @realEstateTrent Good way to put it. I agree, was raising a seperate idea about not keeping the same price due to new information. Likely a silly conversation to bring up I suppose
@T4242033532960 @realEstateTrent Im more talking if you found an unexpected contamination issue. Should have used that as an example
@realEstateTrent A better example may have been finding a contamination issue that’s unexpected
@realEstateTrent I think if your under the impression the roof and foundation is in good condition but once you get to DD you find it’s not the case; that it very well could be, yes
@bethanyjbabcock @rjimenez_cre What Bethany said
@ChrisRamsey60 First thing I thought about when I got into brokerage at age 21 having the dream of building a real estate portfolio
@rghtwzion @realEstateTrent Agreed, one thing to have an intention to retrade, another to buy fair value
@EvanMouhalis @SpaceCoastCRE The best words to live by in real estate investing🙌
Brian retweeted
@SpaceCoastCRE Protect your downside in your upside will take care of itself
@realEstateTrent Split 6% on a $11.4MM office building sale recently
@gkamstra I believe this was almost entirely donated through the Moody family. I think texas paid like $11MM for this or $200 per acre
@realEstateTrent That’s my blind spot right now, as a small real estate investor and broker who’s so familiar with my market. Hard to feel confident about deals outside of here.
@JohnLoc18 All you have to do to show proof is the history of your robinhood account up until now. Granted you could ask the real Jloc to send you a photo for $50 but I bet he will want to negotiate for more
@ChrandLord Seems like pretty unideal debt terms. Is it 100% seller financed, aka no down payment? If so that makes sense
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