All Forum Posts by: Beliria Sims

Hey @Nikki Closser! 

I'd go with option 4. Those additional properties could be the exact appreciation you're looking for from your Seattle house.

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?

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?

@Steve Morris 100% 😂

@Ujwal Velagapudi That's connecting for me more. Thanks for clarifying. Hindsight is definitely 2020. Thanks for your insight!

@Ujwal Velagapudi So you've had verbal and handshake agreements make to the closing table? I understand actual contracts, but I would think that a handshake or verbal agreement wouldn't be binding at all. And I get that you're also saying cooler heads will prevail, but this just prompted another question for me.

@Scott Krone That's REALLY good! I think a lot of new business owners overlook the value in creating sustainable systems. I've heard it said that it's better to pay people to do what you don't want or don't have time to do. Seems like you were smart enough to know that with buying your system updates! Thanks for that poignant and insightful response.

@Kenneth Garrett Thanks for that. I plan to run this race like the hare, slow and steady. Of course too slow bc we both know things can move really d=fast in real estate. If I had the resources, I probably would move fast, but I guess things are the way they are for specific reasons. I'm glad that worked out for you! How fast or slow are you moving these days?

@Daniel Haberkost That's great advice on so many levels. Not only real estate. I think that's a good life lesson period. It's so easy to get caught up in what you see the next person doing or what they say. It's absolutely important to define success and what you want for yourself. 

I'm sure your color scheme wasn't that bad. I like lots of color myself, so I might've thought it was cool. LOL! I'll definitely take that advice as well. Good thing I have a partner who's an interior designer as well!

@Sam Lewis

"covered in blood"?!?!? YIKES! That sounds like a painful lesson to learn. I learned something similar while listening to the BP podcast. I think it was the episode with Leka Divatha (hopefully I spelled her name right). She was talking about how she doesn't feel like she needs to have all the answers, she only needs to know where to find them, ie hiring someone else. My mentor also has a saying that "cheap becomes expensive". Thanks for your feedback!