Patience in Real Estate Deals

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In this episode of the STR Unfiltered podcast, Bill Faeth discusses the importance of patience and diligent research when approaching real estate investing. He touches upon the current market, interest rates, and aligns against the rush to buy properties. By explaining the different aspects involved while making a deal, he emphasizes how building rapport, understanding the property, and calculating the profits leads to successful investments. He provides an example of how patience and scrutiny led him and his team to secure a boutique motel under contract for less than its original price. In conclusion, he explains how these principles can let one expedite their 5-50-250 plan.

01:01 Introduction and Current Investment Climate

02:27 The Importance of Patience in Real Estate

03:13 Case Study: Boutique Motel Investment

05:44 The Power of Due Diligence and Patience

10:39 Case Study: Banner Elk Property Investment

15:19 The 550 250 Plan and Conclusion

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