4 Simple Steps To Purchase Your First Apartment Building...
Russell WestcottEpisode Description
4 Simple Steps To Purchase Your First Apartment Building...
Rockstar Canadian Real Estate Investor Mike Bugg from YZE Property Group, shares with us what it's like to buy your first apartment building!
At time of recording, Mike was right in the middle of acquiring an apartment building in Saskatoon, and we are going to share some of the stories on his journey.
Including:
** Finding off-market deals
** Negotiating with the sellers directly
** Securing seller financing
** Raising the capital to close
** Due diligence
** Handling the curve balls that come your way
The deal we are going to talk about today has been an on-going process with many twists and turns in the process, including a potential 'deal killer' item that has surfaced.
Enjoy this in-depth case-study and look into acquiring an Apartment building.
To see the next step of the process, and learn how to negotiate a Vendor take-back Mortgage, check out this video...
Thank you Mike for sharing your inspiring story.
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Resources & Links Mentioned:
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Mike Bugg- https://www.facebook.com/YXERealEstateGroup/
Russell Westcott- https://russellwestcott.com/
Download your script- https://russellwestcott.com/ script
VTB presentation- https://youtu.be/EtuMzbCrqoI
Raising Capital Academy- https://www.raisingcapitalacademy.com/home-page
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☕️ Support The Channel:
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This Podcast Runs On Coffee... The team drinks lots of coffee ☕️ . If you received some value from this or any of the episode, consider buying the team a cup of coffee.
https://www.buymeacoffee.com/RussellWestcott
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Coaching & Mentoring:
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Are you interested in becoming an Elite Real Estate Investor?
What stops people from Real Estate investing success is; fear, lack of motivation and not knowing what to do next. A detailed roadmap and a proven system is critical to overcoming all obstacles you will face in the rapidly changing world of Real Estate investing.
Whether it’s business, sales, sports, or Real Estate Investing the fine line between the top performers and everyone else typically comes down to one thing: access to the best coaches and mentors who provide you invaluable guidance, wisdom and support.
https://russellwestcott.com/consultation
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