Ep32: When You Should Do Due Diligence on 30% - 50% OFF (or more) Properties - Marco Kozlowski
Big Fat Real Estate Checks
Marco Kozlowski
5 • 957 Ratings
🗓️ 9 November 2020
⏱️ 20 minutes
🧾️ Download transcript
Summary
Speed and implementation are extremely important but due diligence cannot be overlooked. In this episode, Marco and his co-hosts discuss how people make the common mistake while researching the property beforehand and lose out on potential deals.
WHAT YOU’LL LEARN FROM THIS EPISODE
- How people mistakenly spend too much time researching about the property rather than going into contract
- They explain how people ought to go into contract and then look into due diligence
- Marco gives examples of how this has adversely affected him in the past
- The steps you need to take while buying property.
- Advise listeners about contracts and things to look out for in them
RESOURCES FROM THIS EPISODE
Click here for the free quick start course "Get Deals By Tuesday" Masterclass.
CONNECT WITH US
- Email: [email protected]
- Website: https://marcokozlowski.com
- Facebook: https://www.facebook.com/realmarcokozlowski/
- Instagram: https://www.instagram.com/marco.kozlowski/
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You can't rush baking a cake. There's a process to negotiating and you rush it you're actually going to make a lot of mistakes. |
| 0:05.4 | So it's as quickly as the process will allow us to. |
| 0:12.0 | Welcome to the big fat real estate checks podcast with Marco Kuzlowski |
| 0:17.2 | where we help investors like you get the knowledge and skills you need to |
| 0:20.9 | replace your J-O-B with passive cash flow for life. |
| 0:25.0 | Hey Marco here, I really wanted to share with you our earlier |
| 0:30.0 | podcast that we created. Now our mics were not the best but the content was really |
| 0:35.5 | strong and I know you will learn a lot. We had an absolute blast recording this |
| 0:41.0 | and I know you're absolutely going to love it as much as we |
| 0:44.6 | loved recording it. This extremely content-rich information will not only give you |
| 0:49.8 | the edge in your real estate investing business but in everyday life enjoy |
| 0:56.6 | All righty welcome back to another episode today. We're gonna discuss due diligence and when should you do it and pouncing the art of |
| 1:05.2 | pouncing which are tied to doing due diligence at the right time and the wrong time. |
| 1:10.6 | Most people before they buy anything they want to make sure everything's perfect. |
| 1:14.6 | They look at the location, they have a spreadsheet, |
| 1:17.7 | Oh, you look at that, they measure the big spreadsheet, |
| 1:20.6 | we look at school district, they look at this, |
| 1:22.6 | and look at that, you know, they have this whole list of, |
| 1:25.0 | a checklist of things that must align or forget it. |
| 1:28.1 | Yeah. |
| 1:29.1 | Okay, my defense, because I know what you guys are thinking, |
| 1:31.5 | and let's just let it out yes that that was me |
... |
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