Passive Real Estate Strategies

BONUS: Preventing Getting Into A Bad Deal With Whitney Sewell #19

December 03, 2021 Justin Episode 19
Passive Real Estate Strategies
BONUS: Preventing Getting Into A Bad Deal With Whitney Sewell #19
Show Notes

In this bonus episode with Whitney, learn about his most difficult deal, what went wrong, and what you should avoid when looking to purchase investment properties.

Learn these key takeaways to avoid pitfalls that are common with new, and even seasoned investors.

In this episode Whitney discusses his personal deals and a syndicated deal


[00:01] Getting into the deal
[00:25] Whitney's triplex deal
[01:00] What Whitney got wrong in the first deal
[01:31] Considerations when purchasing an investment property
[02:24] How can you prevent getting into bad deals
[03:14] Common Realtor methods to get buyers to overpay
[03:53] Whitney's syndication deal he learned the most from
[04:49] Why you need to stick to your numbers 
[05:25] Using data to figure out the story of the property
[05:34] Secret-shopping your deals 
[06:25] Keeping a high reserve budget in your deals
[07:15] The most important lesson from this deal
[08:47] Where mentorship plays a role in your investment journey
[09:25] How mentors have helped Whitney
[10:55] Whitney's mentor criteria

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 Connect with Whitney;

Email him at- whitney@lifebridgecapital.com

Call or Text him (540) 585-4338.

https://lifebridgecapital.com/ 

https://www.listennotes.com/podcasts/the-real-estate-syndication-show-whitney-PIZhJ9V5W3F/