The One Deal Millionaire Podcast

I Almost Lost a Million-Dollar Deal at the Closing Table—Here's Why I Said "No"

Episode Summary

A million-dollar payday. Months of work. A 50-unit property. All of it was on the line at the closing table. But just as I was about to sign, the seller dropped a bomb: they had already spent all of the tenant's security deposits and wanted me to cover it. In that moment, I faced a choice that would define not just the deal, but my integrity as an investor.

Episode Notes

In this episode, I share a raw, personal story about the day I was tested. I explain why I chose to walk away, the fear that came with it, and the one principle that allowed me to stand my ground and walk away with a million-dollar profit. This story is a powerful reminder that real estate isn't just about the numbers—it's about nerve, integrity, and the courage to say "no" when everyone expects you to say "yes." 

Key Takeaways- 

✅ Deals Aren't Just About Math: Successful investing requires more than just good spreadsheets. It tests your character, your nerve, and your integrity. 

✅ The Power of "No": Saying "no" in a negotiation can be the most powerful move you make. It signals that you are disciplined and committed to your principles, not desperate for the deal. 

✅ Courage Pays Off: Sometimes the biggest profits are made not by caving under pressure, but by having the courage to walk away from a bad situation. 

Discipline Beats Desperation: When you are disciplined, you are in control. When you are desperate, you open yourself up to being taken advantage of.