Real Estate Investor Instinct with Adam S Cohen - #CREPN 43

His instinct told him to put his hand up at a real estate auction.  That’s when Adam S Cohen became  Real Estate Investor.

He knew the street and what recent sales prices were, and rolled the dice.   

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Instinct is something you have or you don’t.  Adam has it.  He has a sense of things that are not learned in a book.

Investors know, there are lessons you learn only after you jump into a deal.

Most beginner investors spend days, weeks and more trying to figure out the numbers and if they can make money.  Adam has the ability to see the opportunity and act.  This ability has enabled him to see the situation for what it is.  He identifies who needs to get out and a way for them to get out with some dignity a way for Adam to win.  

Lesson he learned; don’t use all of your cash to get into the deal.

You need leverage to grow.

Initially , Adam acquired properties in smaller coastal towns with few buyers and desperate sellers.  This marketplace provided almost unlimited opportunities for Adam.  Half of the asking price was a typical offer from Adam.  The majority of these were accepted.  

Today, Adam prefers dealing in US primarily markets; Los Angeles, Miami, New York & Chicago.  Reasons to stay in these markets include; higher caliber tenant, built in demand for both tenants & buyers.  He likes flips, and buy & hold.

For more information go to:

http://westoneinternational.com