EP 240 – When Should You Walk Away From a Deal?

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Show Notes

Wholesaling is all about the hustle, but sometimes it’s more important to know when to walk away. This week, we dive into complex real estate scenarios that test even the most experienced investors.

Dylan shares his most recent dilemma, where to flip or wholesale a property with a ton of potential but also a few challenges. Mike and Dan unpack a tricky novation, where unexpected liens and legal hurdles have put the entire deal at risk.

Tune in to hear how we’re navigating probate issues, sellers who hold back important information, and more!

 

Topics discussed:

  • Dylan’s dilemma to sell or flip
  • Chasing more cash flow versus more acquisitions
  • Setbacks in Mike and Dan’s novation deal
  • Possible solutions and key considerations
  • Our beef with solar panels
  • Navigating probate issues

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Links from the Episode

Check out the FREE Collecting Keys “Sub To Transactions” Master Class!

https://collectingkeys.com/subto

If you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/

Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/

Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/resources/

If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!

Collecting Keys Podcast Resources:

https://collectingkeys.com/

https://www.instagram.com/collectingkeyspodcast/

https://www.instantinvestorprogram.com/

https://www.instagram.com/mike_invests/

https://www.instagram.com/investormandan/

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