Multifamily Missteps Hosted by Jerome Myers

Don't Do a Webinar Before Funding is Over - Angel Williams

February 15, 2022 Jerome Myers - The Preeminent Authority on Dream Realization
Multifamily Missteps Hosted by Jerome Myers
Don't Do a Webinar Before Funding is Over - Angel Williams
Show Notes

Real estate investing can be crazy and scary. Things won’t always go as planned and Angel Williams’ story will get your heart racing knowing the ups and downs their team had to face just to get to the finish line. Sometimes, the members of an LLC had to be restructured and exits can happen for numerous reasons. The important thing is to keep the respect and strive for a clean transition to establish transparency. Angel also reminds us of the benefits of surrounding yourself with experts and the importance of solidifying your documents for a smoother close.

[00:01 - 06:12] Opening Segment 

  • Angel on closing a deal in a not-so-average method 
  • The benefits of good relationships with brokers

[06:13 - 17:41] Establishing Respect Through Difficult Conversations

  • Structuring of teams and dealing with exits
  • Capital raising and transparency through the switch
  • Positioning oneself in the virtual world through meaningful interaction

[17:42 - 23:12] At the End of the Day, It’s All About the Close

  • The significance of solidifying the lending documents
  • When several versions of the closing documents appear
  • Getting across the finish line

[23:13 - 25:39] Closing Segment

  • Things don’t always go as planned and that’s okay 
  • Final words

Tweetable Quotes:

“Teams change, and that's okay… You don't just want one or two people to be thought of as the people that are bringing in all the capital.” - Angel Williams

“Transparency is the name of the game. If you want to have trust, there is no way around that.” - Jerome Myers

“It's kind of like tennis, you play somebody who's better than you, you're going to get better. If you surround yourself with experts in the real estate, investing space, you're going to get more knowledgeable and you're going to get better.” - Angel Williams

“When it gets tough, it's okay. And things aren't gonna go like you think they're gonna go. And that's actually normal. It's gonna be scary, and it's gonna get crazy.” - Angel Williams

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