Integrity is always the best policy. I wouldn’t be doing you any good if I wasn’t up front with you: the single most important thing I will tell you is that you must have MULTIPLE exit strategies for EVERY deal!

If you are looking at a rental property are you buying cheap enough that you could flip it? If your flip won’t sell can you afford to rent it out and still generate positive cashflow? If you can’t find a buyer for your wholesale can you flip it? In Real Estate you need to be a transactional engineer. “The larger your success the larger your problems!” – Grant Cardone

You can and WILL get yourself into trouble if you don’t have multiple exit strategies. That trouble may include burning your reputation with an investor, finding yourself in financial trouble, and even being in legal trouble.

Grocery Store Model

My mentor always told me to use the grocery store model. If you are at the grocery store and run into a seller, how will they respond? Will you need to make a dash to a different aisle? Can you walk right up to them, shake their hand and ask about the kids? I would much rather live my life in the latter if I can manage it.