LoopNet

And truthfully, I think that's one of the reasons why a lot of people don't see the success that they need to.

So you're compounding relationships, which then compounds everything else versus just sitting on Crexie or LoopNet or just sitting talking to brokers all day.

You're out there actually compounding relationships with other investors and with other mentors.

Exactly.

Some of you have driven by buildings.

Some of you might use all the CoStar and LoopNet and Swixie and Google Images.

I found one of the best barriers for me to be successful breaking is I actually talk to my client's as if I was inspecting the building with them on the phone.

When we look at this building, I'm going to be going on the roof through the back right corner.

Site selection processes don't start with the building, right? They don't say, we figure we need, you know, 100,000 square feet or what have you.

And they don't go to LoopNet and or CoStar and type in 100,000 square feet wherever, you know, and they don't do it that way.

Because when I was playing with your tool, I'm moving the sliders around.

And at first, the first few sliders I moved, like really there wasn't a lot of change.

The location's contents were sold in April.

Property is now listed on the LoopNet real estate website with contacts including Cushman & Wakefield and the Pyramid Brokerage Company.

Cushman & Wakefield is a property management company based in Frisco, Texas.

The scale and natural setting position it as one of the most expansive retreat and wellness assets in upstate New York, the location sales listing reads.

And then also what numbers the property is making so that you can, you know, run deal analysis and make offers.

So just make sure that if you go on Crexie or LoopNet or you talk to owners yourself, however you do it, this is what you're going to need in order to run deal analysis.

Okay.

So that is available to you.

make that same mistake well then i can't help you right part of the mistake is not just don't buy when prices are ridiculously high and and people are rationally super the other part of is have the courage to buy in times like right now where you know a monkey throwing darts at a dartboard is going to hit a good deal because nothing right now in this market is going to be trading at anything percent below the previous market high i think most

of the market is reset 30 percent for sure uh you know i'm looking for 50 off last trade just just a rule of thumb now there's obviously exceptions there but that's that's where i'm starting is at that point um so i am curious again we're trying to give the audience something to do so i think we both we both see the same thing we both are looking our chops uh looking to deploy capital But where are you finding these initial deals? I'm guessing you're not on LoopNet and Crexie.

I'm guessing it's personal relationships and bankers and brokers calling you on the phone because that's how it starts, in my experience, early in the cycle.

It's like you got to be the top three to five people they call like, hey, do you want this one? Do you want this one? Because they're trying to trade them off market.

Of course, I'll do the opposite.

I'll put a bunch of money in per door, renovate it, and continue to operate as an apartment complex.

But what I'm getting at is that if I were trying to scour LoopNet or I were looking at listed deals, I would never see that deal.

No, never.

Right now, we have a lot of marketing channels.

I know we're on LoopNet.

I know we do Zillow for apartment buildings.

We do Facebook Marketplace.

What marketing channels are you currently using?

So right now, we have a lot of marketing channels.

I know we're on LoopNet.

I know we do Zillow for apartment buildings.

We started a marketplace that is different from traditional marketplaces.

In the U.S. and Canada, you can see LoopNet or Crexie.

We don't have that.

When someone is trying to come to Mexico, it is very complicated because they have to go through many websites of different developers and economic development.