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I Almost Made a BIG Mistake By Breaking My #1 Real Estate Investing Rule
Episode 423Bonus Episode15th November 2022 • Real Estate Investing with the REI Mastermind Network • REI Mastermind Network | Real Estate Investing
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I almost made a big mistake today but in the end we got a property under contract at a price far less than what I was willing to pay and I share the ONE tip that saved me thousands!

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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

Transcripts

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Welcome to the.

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REI Mastermind Network, where host Jack has gathers amazing stories from leaders in real estate investing.

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In each episode, our guests will tell you what they're doing that works what they've tried that failed, and best of all, you'll learn actionable steps to take your real estate investing.

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To the next level now, here's Jack with another value packed episode.

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I almost made a mistake here today, so let me tell you.

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Talking to sellers can be tricky, especially those who don't want to give you a number.

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But you really gotta hold out, you want them to say that number first.

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What are they willing to walk away from the property for?

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And today that was reminded to me again.

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Because I had a.

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Person who was looking to get out from under property and they were pressing and pressing for my number and in the end when we did our walk through and then did a few other things to just to validate our numbers.

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I'm glad I didn't give my number because I finally went back to them and said, you know, I rarely do.

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This, but I really need to know what number works for you in regional, their number came in significantly less than I was willing to pay.

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So that house is going to be under contract and I'm going to be in a much better position.

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What I would have if I would have stated my number first, so hold out, wait for their number.

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That's probably one of the biggest and best pieces of advice I can give.

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Well, if you find any value here, would you do me a quick favor?

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Share it with somebody that could use this type of information.

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And if you're so inclined.

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Return some of the value by leaving a positive review in whatever app you might be listening to.

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This thanks again.

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I know your time is valuable.

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You could be listening to a million other podcasts, but I appreciate you.

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Thanks and we'll see you next time.

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Have you learned at least one actionable step to incorporate into your real estate investing?

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If so, please consider returning some of that value by leaving a positive review, subscribing to our YouTube channel, or joining our growing network on Facebook and Twitter.

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You can find links to all of our social media accounts in the show notes. See you next time.