New real estate entrepreneurs and capital raisers think that when you have good deals, money will magically find you. In my personal experience (and most other people’s as well), that is simply not the case.
I had a good deal waiting to be closed, then I...
New real estate entrepreneurs and capital raisers think that when you have good deals, money will magically find you. In my personal experience (and most other people’s as well), that is simply not the case.
I had a good deal waiting to be closed, then I went about dialing for dollars, cold-calling, networking, emailing everyone I knew, but nothing worked. I lost the deal.
I bought into the BS that, “Just find a good deal and the money will find you”.
There has to be a big mindset shift here.
The Money should always come first before the deal. Have your investors lined up and ready to go, so that once you have a good deal, you already have the money at hand – it makes your life so much easier, and less stressful, plus you’ll be able to close on far more opportunities.
Join me in this episode as we talk about the importance of going after the money first and finding good deals later without having to chase after money partners.
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What you’ll learn in just 17 minutes from today’s episode:
Resources/Links:
Topics Covered:
Key Takeaways:
“My personal experience has been when it comes to the chicken, or the egg, which comes first: the deal or the money? The money always comes first.” – Dave Dubeau
“When we’re talking about the money coming first, I don’t necessarily mean you’re going to have a bunch of investors, cutting you checks for 50, 75, 100, grand. What I mean by that is, let’s get our investors lined up ready to go. So that when we got that deal, we have the capital, we’ve got the investors to back it. And then that way, you can go forth and you can look for good deals.” – Dave Dubeau
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