• 7+ Year 10 Million Dollar Deal Through Pleasant Persistence with Ford Braly (Ep. 4)

  • Oct 30 2023
  • Duración: 57 m
  • Podcast

7+ Year 10 Million Dollar Deal Through Pleasant Persistence with Ford Braly (Ep. 4)

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  • Resumen

  • Today's deal is a perfect example of the reason I started this podcast and I hope you really enjoy it. Ford Braly, First Vice President of Investments at Marcus & Millichap, joins me to talk nuance and specifics on one of his favorite deals that lasted over 7 years to finally complete. We'll discuss everything through my SAFE method, details and why it took so long, and end with my game Buy or Sell.

     

    Time Stamps:

     

    (1:22) Ford’s Bio and Achievements

    (3:15) Why Multi-Family?

    (5:07) SAFE Method

    (5:17) Sourcing Ford’s Deal

    (10:52) Time Frame of the Deal

    (13:47) Exclusive Agreement Explanation

    (17:10) Pursuing This Deal for 6 Years

    (18:52) Analysis and Details on the Property

    (24:04) Price of Property

    (25:57) Then The Storm Came

    (32:26) Second Marketing Effort

    (36:20) Second Financing Process

    (39:56) Financial Details and Due Diligence

    (42:43) Exit Strategy

    (46:57) Wrapping Up

    (49:40) Pleasant Persistence

    (50:02) Future of Multi-Family

    (52:02) Buy or Sell

    (56:17) Where to Find Ford

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    Email Ford at: ford.braly@marcusmillichap.com

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    Follow Me on Instagram: https://www.instagram.com/kevparrish/
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