Episode 088: We Almost Lost $50K Because Of ONE LINE In Our Contract Results Driven podcast

Episode 088: We Almost Lost $50K Because of ONE LINE in Our Contract

4d ago 10:58

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Not all of us understand every clause in our contracts, and a single missed sentence can cause a major loss in your business.

In this episode, Tiffany breaks down a real situation that nearly cost their company $50,000, all because of a single missed sentence in a purchase agreement. After hundreds of deals, it’s easy to move fast and rely on instincts. But this one reminded them why the fine print matters.

Listen as she walks you through what happened, the exact clause that almost burned them, and the contract mistakes that many investors don’t catch until it’s too late. This episode can save you serious money.

You’ll Learn How To:

Catch the contract details that can cost you deals
Understand written notice requirements and deadlines
Add the contingency clauses that protect you
Avoid common mistakes investors make when reviewing contracts
Build simple, clear language into your agreements

What You’ll Learn in This Episode:

(02:00) How “written notice” requirements work
(02:58) Why verbal communication doesn’t protect you legally
(03:59) Building escape valves in your contracts
(04:26) The difference between verbal updates and valid notice
(05:51) Most common mistake in contracts: Missing communication clause
(06:43) Why outdated templates and forgotten edits can cost you
(07:29) The 10 questions to review with your attorney or title rep
(08:53) Why comfort leads to expensive mistakes

Who This Episode Is For:

Wholesalers and flippers who are locking up properties fast
Investors who haven’t reviewed their contract line by line
Anyone reusing templates without checking the details
Business owners who want to protect their deals and profit

Why You Should Listen:

Even one unclear sentence in a contract can kill a deal or wipe out your profit. This episode provides the checklist you need to avoid costly surprises and protect your business as you scale.

Follow Tiffany and Josh here:

Tiffany Instagram: @tiffanyhighofficial
Josh Instagram: @joshhighofficial
Website: https://resultsdrivenrei.com/home/

90 episodes