Dealing with various properties can be such an interesting journey where you’ll encounter issues you never thought would occur. For Justin Fraser, it was about environmental issues and because of this experience, the need to have contingency plans as you go through deals becomes all the more essential. When this happens, staying positive and practicing due diligence in the process can make all the difference.
[00:01 - 05:24] Considering Exits and Doubling the Equity
[05:25 - 12:44] The Various Factors in Determining the Strongest Offer
[12:45 - 17:43] The Value of Contingency Plans
[17:44 - 21:47] Closing Segment
Tweetable Quotes:
“There are a million things, we've never dealt with this before. I've never experienced it, but you learn on the fly. And you know, at the end of the day, we would have to do the right thing. We always try to do the right thing.” - Justin Fraser
“Stay positive… It's easy to kind of get down on yourself, but just take a breath, make a plan, and if maybe it's a contingency plan A through Z, but make as many plans as you can.” - Justin Fraser
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