How I only wish every single private money deal went perfectly according to plan. Sometimes they do. Other times…well…let’s just say there’s a reason why they say “nail biter.” Today I want to share a negotiating tactic with you that has been successful for me. Like most things that work in business, it’s more simple [...]
“Is that it?” Those aren’t the words you want to hear after you’ve just made your private money “pitch.” The words you want to hear are (in order) * Can I write you a check right now?
You and I have never met. But I think I know you a little. You don’t like to make people mad. The thought of having another human upset with you makes you uncomfortable. You like to resolve all conflicts and issues or you have a hard time sleeping. You like to be a people-pleaser and [...]
Seems pretty obvious to say: “people don’t know what they don’t know.” I think this is one of those statements that has eternal truth. When it comes to raising private money for real estate deals, I think it’s especially relevant. It wasn’t that long ago (at least it seems like it wasn’t that long ago) [...]
This is a subject I’ve wanted to tackle for quite a while…using the internet to get private money. For today, I’m going to leave out the legal “nitty gritty” – as that could take up a few pages in itself. Instead, I’m going to focus on the practical aspects of it. First, I need to [...]