The beauty of working virtually is that you can work from anywhere, and this past week, Gavin was in five different states. It was a hectic week, and he wanted to share just how crazy things got. Gavin had several coaching calls, and he was also working to close on a lake house in Michigan. He had sold a flip in Birmingham, AL and it was fully funded that Thursday. Gavin was planning on using those funds, and they should have been in the bank by Friday. Well, things didn’t exactly happen as planned, and the whole thing snowballed into a big mess, with multiple phone calls and banks involved.
Eventually, it was all figured out, but if it wasn’t for his network, it would have been really difficult. Being virtual definitely has more pros than cons, but that doesn’t mean it can’t get hectic at times. Working with national banks can be a hassle with long processes and multiple phone calls to get what you want. A big takeaway from this experience was that using local banks gets things done for you faster and sooner. Also, sometimes you have to get around the right people to make things happen.
Watch and Learn:
Listen and learn:
- What life on the road is like for a real estate investor.
- How Gavin got through a hectic deal while working virtually.
- Why you should work with local banks.
- Why having a solid network is important in emergencies.
Mentioned in this episode:
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