Harry Emilio Gottlieb sent me some text From Jorge Perez’s new book: "Powerhouse Principles, The Billionaire Blueprint for Real Estate Success". Since I did not research it myself, I am leaving out quotes but Harry says this is from Page 126:Always think what can go wrong will go wrong. I was once putting together a deal to build a condominium tower project in Miami. The site belonged to a well-established private hospital, Mercy Hospital, and sat right on the water next to ritzy Coconut Grove, overlooking Biscayne Bay. Beautiful view.
He outlined all the steps he took to prepare for the project and then he talks about the curve ball:
Page 127:
And then all of a sudden, someone presented a photograph that showed through some trees, which had fallen because of a hurricane that blew through, how if you went out to the garden and looked almost a mile away, you could see the building.
Page 128:
The lesson is: Expect the unexpected, because what can go wrong will. But you can limit the number of unexpected things you’ll run into if you do your research, you prepare, and you meet with the people with properties around your site to hear their concerns so you can work out compromises, gain allies, and neutralize opposition.
2 comments:
...and when you can't get your way just starting trying to buy people off and jam the project down the community's throat
Page 128:
The lesson is: Expect the unexpected, because what can go wrong will. But you can limit the number of unexpected things you’ll run into if you do your research, you prepare, and you meet with the people with properties around your site to hear their concerns so you can work out compromises, gain allies, and neutralize opposition.
It helps when you have a pretty face like Alicia S., she was an asset.
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