Why Some Succeed in Commercial Real Estate and Others Fail?
- Jeff Gitt
- Jul 8
- 2 min read
Finding the best deals early on with the Financial Means to act quickly is the key to success.
How to Accomplish:
Never stop calling or writing to gain the contacts needed to be informed first of any deal.
Prove you have the funds and provide proof that you can close quickly; no RE-Trading once a deal is made. Make sure your team has a track record of closings if you don't personally.
Short Due Diligence period with substantial earnest money. Close shortly thereafter!
Don’t let "NO" stop you from continuing on in a positive manner with speaking with others.
One good deal makes up for dozens of rejected ones.
It is a numbers game; if you want to succeed, you never stop talking to others in your industry to team up instead of trying on your own to find a needle in a haystack!
Find money partners to be able to make deals you can’t make on your own. Spend your time searching property owners but be prepared to have the support team behind you to be able to execute if you find a gem.
Consider stronger, more experienced partners and join their strategy, let them run the show instead of yourself. Less stress, less responsibility, participate in larger, more profitable deals with them, and stop thinking you are the only one that can be successful.
Have your Cpa and lawyer ready to react when finding a deal.
Contact Jeff Gitt at 314-757-1031 to discuss off-market deals, as well as unique 1031 trade strategies, and gain access to equity partners. 54 years of experience
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