It happens weekly. I’m approached by someone that is interested in purchasing one of our properties. They go see the property and then they call or email us back and say that they “would never pay that much, and good luck selling it at that price.” for that property. I always have the same response; “Great!”. Guess what, these deals aren’t for everyone. Guess what else? We sell the property at the price one person said it would never sell for.
Different strokes for different folks. One man’s trash, is another man’s treasure. I don’t have any other cliches here, but you get the picture. I’m sure that person will find the deal they are searching for, but I believe in my heart of hearts that they are often leaving money on the table. How do I know? I get feedback from our buyers sometimes a few months down the road on how they’ve done with our deals. In fact, I’m blown away with the transformations they make to the properties. I don’t have a vision for rehab projects, but I do have another vision.
Our ultimate vision is provide real estate deals to our investors at great pricing that leaves plenty of meat on the bone for profit. Why? Because they’ll buy more deals! It’s simple. Our other vision is to help 10,000 families become homeowners through our owner financing program. There’s no way we could do this if we tried to sell our properties at retail. Do the properties need work? Absolutely. Is there money left over in the deal? You better believe it. We’ve sold too many to know that this is fact. We bought and sold over 240 properties last year, so it works just fine for us.
The bottom line is, if you’re negative about everything, you won’t be a good fit to buy our deals. Again, we’re not for everyone and we’re perfectly fine with that. We’ll keep doing what we do and you can keep doing what you do and the world will keep turning. While we appreciate positive feedback, keep the negativity to yourself. There’s enough of that in the world anyway.