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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 23 times.

Post: Motel/Hotel Conversion in and around Metro Denver

Account ClosedPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 24
  • Votes 13

I would be interested in learning more about this project from the partnership side @Richard Libutti.  Sounds interesting and I'm in Denver as well.  

Post: Just walked away from a deal ....

Account ClosedPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 24
  • Votes 13

@Tracey Geary To expand on your last point, you touched on something about real estate that isn’t always prevalent elsewhere - what you learn on the deals you don’t do almost always inform the next deals you analyze.

I find that deals coming around again is a tribute to the way you interact with people. Not surprising a deal in the same complex found you or vice versa.

Post: Just walked away from a deal ....

Account ClosedPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 24
  • Votes 13

@Steve K. It seems there always is another deal to analyze ....

Post: Just walked away from a deal ....

Account ClosedPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 24
  • Votes 13

@Jonathan Paul Shortt This is the one thing many people tend to overlook. What works for you dm may not work for me and vice versa. Everyone has a different set or pressures and talents. Good luck with the BRRRR. that's beyond my skill set.

Post: Just walked away from a deal ....

Account ClosedPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 24
  • Votes 13

@Jerry W. Yeah. There’s also an opportunity cost of time or money. Good reminder.

Post: Just walked away from a deal ....

Account ClosedPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 24
  • Votes 13

@Dallon Schultz I agree it is a matter of conviction. To take the phrase from the NBA - trust the process. All any of us can do is make the best decision possible with the information we’ve gathered and trust. That’s half the fun, right?

Post: Just walked away from a deal ....

Account ClosedPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 24
  • Votes 13

@Colby Fryar. I’ve spent today remembering all

of the deals that didn’t close .... lots of bullets dodged!

Post: Just walked away from a deal ....

Account ClosedPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 24
  • Votes 13

@Loren Clive that’s a tough one. Dare I ask where the vacation home is located. Hope you can use it at least.

Post: Just walked away from a deal ....

Account ClosedPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 24
  • Votes 13

@Dennis Cosgrave I agree everything happens fo a reason. And because most deals fall through sometime between lusting and closing....I generally don’t regret. Since there’s always opportunity somewhere it should feel right on all levels.

Post: Just walked away from a deal ....

Account ClosedPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 24
  • Votes 13

@Steve K. Sounds like you dodged a bullet there.