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MB414: Case Study of a Real Estate Deal We Didn’t Do — With Drew Kniffin & Garrett Lynch

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Manage episode 409121268 series 2198435
Content provided by Michael Blank, Garrett Lynch, Michael Blank, and Garrett Lynch. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael Blank, Garrett Lynch, Michael Blank, and Garrett Lynch or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Here at Nighthawk Equity, we haven’t done a multifamily deal in 18 months.

So, we were excited to find what looked like an ideal opportunity in Atlanta. And two months ago, we got the deal under contract.

But after spending $15,000 in the due diligence process, we ultimately decided to walk away.

What went wrong?

On this episode of Financial Freedom with Real Estate Investing, I sit down with my partners at Nighthawk, Drew Kniffin and Garrett Lynch, to debrief on the deal we didn’t do.

We explain what we liked about the deal, describing what made it a textbook value-add opportunity and how we planned to renovate the units and upgrade several amenities in the community.

Listen in for insight into the issues we discovered in the due diligence process and learn how to stick to your investment criteria and protect your investors by walking away from a bad deal!

For full episode show notes visit: https://themichaelblank.com/podcasts/session414/

  continue reading

369 episodes

Artwork
iconShare
 
Manage episode 409121268 series 2198435
Content provided by Michael Blank, Garrett Lynch, Michael Blank, and Garrett Lynch. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael Blank, Garrett Lynch, Michael Blank, and Garrett Lynch or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Here at Nighthawk Equity, we haven’t done a multifamily deal in 18 months.

So, we were excited to find what looked like an ideal opportunity in Atlanta. And two months ago, we got the deal under contract.

But after spending $15,000 in the due diligence process, we ultimately decided to walk away.

What went wrong?

On this episode of Financial Freedom with Real Estate Investing, I sit down with my partners at Nighthawk, Drew Kniffin and Garrett Lynch, to debrief on the deal we didn’t do.

We explain what we liked about the deal, describing what made it a textbook value-add opportunity and how we planned to renovate the units and upgrade several amenities in the community.

Listen in for insight into the issues we discovered in the due diligence process and learn how to stick to your investment criteria and protect your investors by walking away from a bad deal!

For full episode show notes visit: https://themichaelblank.com/podcasts/session414/

  continue reading

369 episodes

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