How persuasive are you?

[Beliria Sims]

Hey BP Family!

Recently, my partner and I came across and AMAZING MF unit in an AMAZING neighborhood. We got the owner on the phone, and let them know that we were interested in purchasing, only to hear that they weren't interested in selling. That was no surprise because as I mentioned before its in an awesome neighborhood and it has tons of potential. We noticed that there were a few contractors working on the building, so we offered to partner with capital to help get the project finished faster. We were still declined. Is this a situation where we just accept the no, or is there another window into this opportunity that we aren't seeing?

[Todd Rasmussen]

@Beliria Sims

Persuasion loses to persistence all the time. Get some buy in from the owner to stay in touch and reach out quarterly. Situations change, sometimes very quickly, so build your network and wait for your opportunity. Not souring the relationship by overselling that they should sell and maintaining your network could be much more valuable over time. Ask if there are any aspects about owning the apartment they don't like, and start there.