Massive Frustration Behind the Scenes Part 2: Throwback Thursday

Today, I’m sharing a post from a past deal that almost fell through right before closing to help you deal with the massive frustration you may be encountering today related to the coronavirus.

This is another post in our weekly ongoing Throwback Thursdays Series, where we share with you posts from the past blogs to bring you as much value as possible.

This post was originally from April 2018.

Jason

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This is a brand new behind-the-scenes series from Value Investing Journey and Rivera Holdings. In this series, I’ll show you behind the scenes some of the stuff my team and I are working on to get deals done and closed.

This will include the highs, lows, frustrations, and massive headaches along the way.

I’m sharing this with you to show you that not everything is always great and happy. Especially if you are an investor, entrepreneur, and business owner. There will be struggles. There will be failures. If you continue to persevere, there will also be triumphs as well.

In this series, I will show you deals from me helping clients buy and sell real estate, deals I’m working on myself in the public and private arenas, including potential real estate investments of mine, and more…

If you like this kind of content, let me know in the comments below. Or on social media, so I can continue doing these kinds of videos for you.

I hope you enjoy,

Jason

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In the last post, we were only a few days out from closing, we’d taken care of everything on our end that needed to get taken care of, the buyer took care of everything on their end and was ready to move in so I figured the deal would close with zero other headaches… I was wrong.

In today’s post I’m beginning to tell you about some of the last minute frustrations we had… This one with the Homeowner’s Association – HOA.

Oh and one more note before we get to the video.

I say in the video below that it was 4 emails and 3 phone calls I’d put in with zero response…

It actually ended up being 9 emails and 7 phone calls that I put in by the end of that day. Still with zero response.

Let’s get to it

A Summary

In the video above, I talked about the major frustrations and lack of response from the HOA on this issue that was holding up our closing less than 2 days from closing.

This includes…

• What was going on
• How did this happen
• Why I still took things into my control when I can
• Explained why I pushed so hard
• Why the last 5% to 10% of anything is the hardest
• And more…

I thought once I heard a response from the HOA, this deal would close smoothly two days from this video.

I was wrong yet again.

From here, we took a crazy turn to something my broker has never seen in 20+ years in real estate.

Stay tuned next week to see what happened and how this deal almost fell apart, hours before we were due to close.

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P.S. Another Masterclass student signed up and we started our live training and Q&A sessions last week. If you want to become a better value investor fast, make sure to check out our Value Investing Journey Masterclass. The special offer, available to only 6 more people, is five (5) FREE one on one training sessions with me. Plus you’ll get more than $2000 in value, courses, and other resources just for signing up to the Masterclass.

P.P.S. Plus, with the recent market crash, I’ve begun researching stocks again in large amounts for the 1st time in 5 years… Soon, Masterclass and Coaching Program students and I will be doing video training sessions talking about these and other important topics as well. To join these you must be a Masterclass or Coaching Program student so make sure to sign up at the link above for the Masterclass.