Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Lesson Learned - Don’t wait!!!
Well, I learned a lesson this week. I had been evaluating a property to flip and my analysis was 95% complete. There were a few minor things I wanted to look at again, not deal breakers, but for various reasons it took me a week to get to them. When I put my offer in I was told that it had gone under contract 2 days prior.
I have said it myself and hear @David Greene and @Brandon Turner say it all the time, “Get it under contract and figure out the rest”. Well, I lost the opportunity at a good deal because I didn’t take action. Rest assured, it will not happen again.
Lesson learned, time to grow and move on.