Ready to build your own real estate investing system?
Get the step-by-step Real Estate Investing System Nancy uses to evaluate opportunities, make better decisions, and build your investing business: https://pswxb3-cy.myshopify.com/collections/start-investing
What happens when you make a decision—and then the information changes?
In real estate investing, it happens all the time.
You run the numbers. Talk with the seller. Do your due diligence. Agree on a price. Sign the contract.
Then something changes.
A title problem appears. An unexpected lien is discovered. A repair is much more expensive than anticipated. Another heir has to approve the sale. Or new information changes the deal you thought you were buying.
In this solo episode of the Money Makin' Mamas Show, Nancy Wallace-Laabs shares real deals where that happened—including a foreclosure property derailed by a $70,000 lien, a property with hidden foundation and plumbing problems, and a transaction involving multiple heirs and one person no one could locate.
The challenge isn't simply knowing how to solve a problem. It's knowing whether the problem is still worth solving.
Nancy shares the three questions she comes back to when new information changes a deal:
What exactly changed?
What does that change do to the numbers, risk or outcome?
Knowing what I know today, would I still say yes?
Because sometimes persistence means finding a solution.
And sometimes good judgment means recognizing that the deal has changed enough that it's time to walk away.
