Catherine Bell tells real estate investors to trust numbers over gut feeling until they've done enough deals. She and Tommy have completed many transactions. Without that experience, your instinct isn't reliable yet.
Chapters
Is it a good thing if we're able to prejudge a property, or do we just want the numbers just to tell us instead of our own instinct?
I want the numbers to tell you instead of your own instinct. Your instinct hasn't— you haven't done enough deals to have your instinct tell you. Let's do a walkthrough tomorrow or Thursday. You come at the property? No, I'm in Arizona. Sorry. More hurdles to jump through. Super not fun. Okay. So let's go ahead and share this with you guys. So here's what I'd say for all of you for your instinct. Until you've done as many deals as Tommy and I have done, I invite you to consider your instinct is not finely tuned yet. And here's how I know.