Learn How To Say No When an Opportunity Doesn't Fit Your "Why"

I just came across a listing today in my feed that caught my attention. A truly
unique home shaped like a Geodesic Dome jumped off the page.

So why did we say no?

Simple. 

It did not fit our "WHY". 

When looking for real estate, what sets the successful investors apart from the amateurs has much to do with their focus and goal setting. 

Knowing your destination is integral to successfully building your business and increasing your net worth. 

As we are in the market looking for larger homes, this definitely did not meet our criteria. So although it was hard to say no to this listing, we believe we strengthened our discipline muscles by staying on target with our goals. 

If you are interested in picking up this house, feel free to reach out to the listing agent!

Check it out here:

https://www.zillow.com/homedet...

Underwriting by Rabbu

https://buy.rabbu.com/searches...

Beare in mind, that their underwriting is not accurate as they did not factor in the needed repairs. After speaking to the listing agent, he mentioned that it needed a minimum of $120K in repairs.

At $350K you can rest assured after putting in $150K, it would sell somewhere between $600-700K.  

I look to have short-term rentals and buy and hold, but I always need a backup plan in case something goes awry. After speaking to my partner about the potential of this home we started to get excited the COC exceeded our target of 15%.