Commercial Real Estate
Specialize. Don’t be all things to all people. There are riches in niches.
One investor’s disposition is another’s dream aquisition.
Don’t get entrenched in the past. You need young blood to buy at today’s price.
When you deal with good people, you can work on a handshake. When you deal with bad people, a 10,000 page contract won’t protect you.
Every deal dies multiple times before it closes.
Development is like a water slide, there’s no going back.
Buy by the bottle, sell by the shot. Buy by the acre, sell by the lot.
You only cry once when you buy in a good location. You cry every day when you buy in a bad location.