E126: Buying Directly from Seller in Commercial Multifamily - Tim Bratz

Tim Bratz, founder of Legacy Wealth Holdings, was drawn to real estate because he saw the long term benefits of a solid investment. Tim began his career in the competitive New York City real estate market working as a broker leasing ground floor retail units. Here, he saw the true potential of real estate to transform lives. 

Although Tim was limited in means, he spent his time reading, attending workshops, and networking with accomplished entrepreneurs learning that being resourceful was the ultimate path to becoming successful. Today, Tim still uses this formula for success, which all starts with being resourceful and having the right mindset.

KEY TAKEAWAYS

1. You can find deals by contacting sellers via direct mail, dialing for dollars and face to face.

2. Commercial real estate avoids emotional conversation you might have with single family.

3. Don't try to force a deal. If people want to sell, they will sell.

4. Find deals with owners who really need to sell: Smart entrepreneurs and mature owners.

5. Success boils down to happiness and, more importantly, helping others achieve success. 

BOOKS

Twelve Pillars by Jim Rohn - https://amzn.to/2Yb0oRN  

Magician Vs. Mule: The Ultimate Guide to Lifestyle, Wealth, and Freedom by Mark Evans - https://amzn.to/2Y9VJiG

LINKS

https://www.facebook.com/CommercialEmpire/

https://www.instagram.com/timbratz

Join InvestorMindset.com for more!