Episode #123: Deal Strategy

In this episode, we share the details of two new properties we are very excited about that we have recently closed on in Tucson, Arizona. Although the vintage nature of these properties scared away potential buyers, we only saw promising investment opportunities. In this episode, we walk through the processes of buying the properties and the steps we took to ensure they were wise purchases. Find out what it was about the properties that caught our attention, how we increased income from rentals, and the progress we have achieved on leasing units. You will also hear the measures we took to protect ourselves, investors, and renters from failure and how we executed our business plan effectively. To learn from experience and hear more about these properties and how we took advantage of their incredible potential, tune in today!Key Points From This Episode:A brief outline of the recent deals that have been closed.What the big differentiator was regarding the properties purchased.Overview of the precautions and checks taken before closing the deal.Why it is essential to have capital reserves for renovations. Steps to take to ensure that you meet or even exceed income projections.A tremendous upside of buying the Dakota Canyon property. The value of having an efficient and reliable property management team.Learn why it is vital that your business plan and management team are aligned.Links Mentioned in Today’s Episode:Asset Management Mastery Facebook GroupBreak of Day CapitalBreak of Day Capital InstagramBreak of Day Capital YoutubeGary Lipsky on LinkedInGary Lipsky on Twitter