A real estate investor closed 30 Arizona deals in a year with zero failures, but struggled in New Orleans when he first started there. Market knowledge matters: understanding local street layouts and neighborhood quirks is what separates successful deals from ones that fall apart.
Say I close 30 deals with a seller in a year. How many of those end up falling through? Well, it depends. In Arizona, I never had deals fall through because I know the market so well. But like, for instance, when I first got into like Louisiana, I had so many deals fall through in Louisiana because the way you cop shit is just different there because it really matters about like streets and whatnot and other shit in like New Orleans. Just depends.
Join My Luxury Wholesale Coaching Call For FREE // Tyson Smith & Matthew Tooker
