πDue Diligence π
I've had a bunch of positive feedback on my sample due diligence list when you buy a business.
If you want a copy, comment "Eureka" below and I'll drop it in your DMs (must be following)
@JulieChangRE Its my wife's favorite Mexican food in San Diego... I've tried approaching this issue with her in a civil manner, but apparently I married a monster
It's Harvard reunion weekend... to combat all the start-up bragging and Forbes 30 under 30 nonsense, tell me your biggest win since college, business or personal! π
I was completely wrong about my client's business.
I made an assumption about his business model based on the industry that he is in. I thought I knew exactly what he did. Turns out, its a way better model than I thought.
He added recurring revenue to a distribution business?
Now I've seen it all.
@jeldeez better filters and you can "hide" houses you have already looked at-- the other sites also just send random emails outside of my search filters.
My wife and I are looking for a new home.
I'm loving https://t.co/UGLBiiszKT over all the other listing sites... is there a compelling reason to use one over the other or is there one that is objectively better than the others?
WBE/MBE/VBE
This can kill the sale or purchase of a business.
Especially when a broker doesn't disclose the certifications. If your acquisition target does any government or municipal work, you need to be asking specifically if they hold these designations.
This might be the worst time in history to enter CRE brokerage, Residential Brokerage or Business Brokerage...
There are a lot of fat cats out there that rode the low interest wave and have no idea how to actually get deals done.
Choose your partners/mentors/deal team wisely