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Updated over 3 years ago on . Most recent reply

User Stats

68
Posts
24
Votes
Jon Sidoti
  • Investor
  • Quincy, MA
24
Votes |
68
Posts

Buying Big Properties

Jon Sidoti
  • Investor
  • Quincy, MA
Posted

Hello hello! When going after some of the bigger properties, Bios are almost just as important as the offer. I’m figuring this out submitting offers that sellers, brokers, owners all want to see track record and experience.

  • Jon Sidoti
  • Most Popular Reply

    Account Closed
    190
    Votes |
    217
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    Account Closed
    Replied
    Originally posted by @Jon Sidoti:

    Hello hello! When going after some of the bigger properties, Bios are almost just as important as the offer. I’m figuring this out submitting offers that sellers, brokers, owners all want to see track record and experience.

     or money, which at the end of the day is all they want from you. Show them you actually have the funds.

    What seller actually cares if you have a track record or experience to be successful after they sell to you- especially after most likely ripping you off for an outrageous price to begin with because they can in market conditions like these.

    Think I'm wrong? Imagine your selling some BS 3 cap commercial building and you want 5M. You have two buyers. An experience veteran who can raise the 5M, but wants to inspect and know his *** from a hole in the wall, and an overnight bitcoin millionaire with 0 REI background but he'll pay 5.5M cash right now to lock up the deal. Be honest, who are you going to pick.

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