Real Estate Investor / Guide

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SQEEEEEEZE the oppertunties.

I found an apartment complex and thought it was a heck of a deal, so I made an offer to the owner. It took months of going back and forth and trying to work everything out. 100 doors for 34k per door was the final offer, however, I took myself out of the deal to make more money. I had a potential partner on the complex, but he wanted more profit NOW and the only way to get him his "need" was to take me out of it. Not sharing the money would put him right where he wanted to be, and I agreed.I didn't do it out of kindness though, I dont' invest my time and expertise into things for free. What I did do was get a maintenance contract with the seller for 10yrs. I also got a management contract. The ex-potential partner agreed to the terms and we all got something from the deal.The seller got the money he needed, the buyer got the margins he demanded, and I got 2 contracts that sold for more than double what I would have been paid as a partner.....The moral of the story? When you go into deals do not limit yourself on how you can make a profit, and still give everyone what they "need". More than half my successes have been via deals that would have seemed dead.