All Forum Posts by: Scott Lieberg

A way to negotiate this circumstance is to take the portion of the transaction price that you feel is over the top of the market and in the offer have the Seller carry that portion in a subordinate position like 15 due in 3. This structure should create an installment sale, staggering the capital gains for the Seller. 

Price is a function of terms. Look at the shift in the market, improvements made, value added and if the value proposition is favorable, negotiate a transaction. Forget the $75K, that ship has sailed.

Wearing masks should be an individual decision. Some jurisdictions still require them in this post vaccine period. Things are changing quickly. This topic is more galvanized than a rain gutter. Unfortunately, sometimes there is to much Kool-Aid in the water cooler.

Let's focus on IRR.

On #7, I spent years dragging transactions - Buyers and Sellers - uphill. 

Read the signals of the parties and they will tell you when they are motivated and when they are in synch with your plans and goals. If your Seller / Buyer is unmotivated, restructure your transaction or find the motivator. Don't assume there is one. Lacking a motivator, move on. If your value proposition is solid, don't drag the other party uphill, move to the passing lane and move ahead.

Move on. If he is a problem now when he isn't your tenant.... Keep looking.

I have learned a couple (well actually a few) things along the way. 

1) Price is a function of terms.

2) You make your money when you buy. The market dictates what you sell for.

3) Cash is King after Leverage has built wealth.

4) In a transaction, when someone says "Money is no problem" - it is.

5) Buy the Seller or Buyer first. Then come to terms.

6) There is no dumb money. If you assume there is - it's probably yours.

7) Never drag anything up hill. 

8) Due Diligence - Do Diligence

9) Advice always has a price tag. The advice you paid for and the advice you should have paid for.

10) Always have a goal more important than money.

Scott Lieberg

 Where is the portal for projects? Do you know anything about Fundrise? 

Bobby,

Can you point me to a path into either company? Secondly, do you know their range of fees?

Thank you.

Scott Lieberg

Our group is buying in areas rather than states. We are looking at units and hospitality properties, 150 units and up in strong job growth areas and favorable investment climate. 

I was in AR for a project years ago. I will take another look.

Scott

Yes, we have the project under contract. I will contact you by phone. Scott