REI In Your Car 96: No Deal Is Better Than a Bad Deal
Ever get caught up in a really bad deal?
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It can be a hassle. And once you\u2019re in the middle of the mess, do you look back and wish you\u2019d stepped away and passed it over?
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I have \u2013 for sure. And I find that, occasionally, I\u2019m still doing that as I enter into this new area of land acquisitions. So I know whereof I speak. Been there \u2013 done that.
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In spite of my flubs, or maybe because of them, I am using this episode to warn you away from bad deals. What is it that might cause an investor to wrangle around and try to make a deal out of a bad deal?
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It\u2019s usually due to a lack of leads. There\u2019s a scarcity mindset, so you\u2019re pressured into grabbing at whatever comes along\u2026
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What\u2019s the remedy?
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Leads, leads and more leads. The flood of leads comes from ramped-up marketing. When you have plenty of leads, you can take your pick. It\u2019s so much easier to then pass over the bad deals and keep moving forward.
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