Episode #090 - When to WALK AWAY From a Deal in Commercial Real Estate!

Today hosts Braden Cheek, Brian Duck and Joel Thompson discuss the times in which you should WALK AWAY from a Commercial Real Estate deal, providing real life examples from their own experiences. Time Stamps: 0:00 - Introduction 0:20 - We’re ending the year with TWO new closings! 1:33 - Reasons to NOT buy real estate. 2:36 - Example #1: The “Free Lease” deal in Wichita. 5:00 - Example #2: The deal in Tulsa where the owner wouldn’t provide historic financial data. 6:12 - Example #3: The Las Vegas deal with the environmental issues. 8:55 - Example #4: Not getting your commitment letters before the end of your due diligence period! 12:25 - Example #5: If you find some problems with a property that were NOT disclosed in the Operating Memorandum. 15:31 - Example #6: If you can’t get an estoppel on your largest income-producing tenant. 19:06 - Example #7: Rumors of bankruptcy & other major risks can completely destroy a deal. *Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!** https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list