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The $30K Risk That Helped Me Win a $740K NOI Property | EP 76: I Own a Shopping Center, Now What?
Manage episode 520484945 series 1746302
What would you risk to win the deal of a lifetime?
In this episode, I’m sharing the behind-the-scenes story of one of the most competitive acquisitions of my career—where I took a $30,000 gamble before getting the deal, beat out five other buyers, and closed in just three days. And yes, I turned a former strip club into a retail center generating $740,000 in NOI.
This wasn’t luck—it was strategy, speed, and a little creative thinking. I’ll walk you through the relationships I spent years building, the unconventional move my partner suggested, and the mindset that helped me take the leap. If you’ve ever been neck-and-neck for a deal, this episode will challenge the way you play the game.
Because sometimes, the deal doesn’t go to the highest bidder—it goes to the boldest.
🔑 Key Takeaways
- Build relationships before the deal is even on the table
- Speed is a superpower—especially for sellers on a timeline
- Offer to complete due diligence before you’re awarded the contract
- Be willing to risk money when the upside makes sense
- Creativity wins over cookie-cutter offers
- Know your market better than your competition
- Don’t wait to be chosen—take initiative
- When the moment comes, move fast with confidence
BECOME A COMMERCIAL REAL ESTATE ROCKSTAR:
https://www.bethazor.com/
https://www.azoracademy.com/
For more commercial real estate training: https://www.bethazor.com/training/
FOLLOW ME ON SOCIAL
Facebook: https://www.facebook.com/azoradvisoryservices/
Twitter: https://twitter.com/bethazor1
Instagram: https://www.instagram.com/bethazor/
Linkedin: https://www.linkedin.com/company/6315636/
#retailleasing #commercialrealestateinvesting #retailleasingcoach #bethazor
276 episodes
Manage episode 520484945 series 1746302
What would you risk to win the deal of a lifetime?
In this episode, I’m sharing the behind-the-scenes story of one of the most competitive acquisitions of my career—where I took a $30,000 gamble before getting the deal, beat out five other buyers, and closed in just three days. And yes, I turned a former strip club into a retail center generating $740,000 in NOI.
This wasn’t luck—it was strategy, speed, and a little creative thinking. I’ll walk you through the relationships I spent years building, the unconventional move my partner suggested, and the mindset that helped me take the leap. If you’ve ever been neck-and-neck for a deal, this episode will challenge the way you play the game.
Because sometimes, the deal doesn’t go to the highest bidder—it goes to the boldest.
🔑 Key Takeaways
- Build relationships before the deal is even on the table
- Speed is a superpower—especially for sellers on a timeline
- Offer to complete due diligence before you’re awarded the contract
- Be willing to risk money when the upside makes sense
- Creativity wins over cookie-cutter offers
- Know your market better than your competition
- Don’t wait to be chosen—take initiative
- When the moment comes, move fast with confidence
BECOME A COMMERCIAL REAL ESTATE ROCKSTAR:
https://www.bethazor.com/
https://www.azoracademy.com/
For more commercial real estate training: https://www.bethazor.com/training/
FOLLOW ME ON SOCIAL
Facebook: https://www.facebook.com/azoradvisoryservices/
Twitter: https://twitter.com/bethazor1
Instagram: https://www.instagram.com/bethazor/
Linkedin: https://www.linkedin.com/company/6315636/
#retailleasing #commercialrealestateinvesting #retailleasingcoach #bethazor
276 episodes
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