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Ep 465: Creative Capital- The Inside Story of Ian Horowitz's $5 Million Storage Deal Success
In this episode, hosted by Daniel Martinez, returning guest Ian Horowitz shares an extraordinary real estate deal involving a 76-unit apartment building during COVID-19. The deal was unique due to owner financing 90% of the purchase, leading to a transformative opportunity for Ian and his business partner, Dan. They navigated numerous challenges, including competing offers and the need to adjust financial terms to meet the seller's needs, eventually securing the property after initially losing out to another buyer. The success of this transaction allowed Ian and Dan to quit their jobs as firefighters, marking a pivotal moment in their careers. They highlight the importance of perseverance, networking, and strategic financing in achieving real estate success, emphasizing how one significant deal can change the trajectory of an investor's journey.www.equitywarehouse.com
0:36: The Transformative 76-Unit Apartment Deal (0:36-1:08): Ian shares the story of a 76-unit apartment building deal during COVID-19 that significantly impacted their lives, detailing how they received the lead and the owner's unique financing offer.
2:59: Negotiation and Finalizing the Deal (2:59-4:37): After initially losing the deal to another group, Ian recounts how they eventually secured the property through persistence and negotiation, leading to a successful closing during the height of COVID-19 in June 2020.
7:02: Impact of the Deal and Future Endeavors (7:02-10:56): Ian discusses the aftermath of the deal, including quitting their jobs as firefighters, the growth of their business, and the establishment of a strong investment relationship with the seller, Judy, who became one of their biggest capital investors.
www.nytfire.com
Text 📱 210-972-1842
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By Daniel Esteban Martinez
4.9
4444 ratings
In this episode, hosted by Daniel Martinez, returning guest Ian Horowitz shares an extraordinary real estate deal involving a 76-unit apartment building during COVID-19. The deal was unique due to owner financing 90% of the purchase, leading to a transformative opportunity for Ian and his business partner, Dan. They navigated numerous challenges, including competing offers and the need to adjust financial terms to meet the seller's needs, eventually securing the property after initially losing out to another buyer. The success of this transaction allowed Ian and Dan to quit their jobs as firefighters, marking a pivotal moment in their careers. They highlight the importance of perseverance, networking, and strategic financing in achieving real estate success, emphasizing how one significant deal can change the trajectory of an investor's journey.www.equitywarehouse.com
0:36: The Transformative 76-Unit Apartment Deal (0:36-1:08): Ian shares the story of a 76-unit apartment building deal during COVID-19 that significantly impacted their lives, detailing how they received the lead and the owner's unique financing offer.
2:59: Negotiation and Finalizing the Deal (2:59-4:37): After initially losing the deal to another group, Ian recounts how they eventually secured the property through persistence and negotiation, leading to a successful closing during the height of COVID-19 in June 2020.
7:02: Impact of the Deal and Future Endeavors (7:02-10:56): Ian discusses the aftermath of the deal, including quitting their jobs as firefighters, the growth of their business, and the establishment of a strong investment relationship with the seller, Judy, who became one of their biggest capital investors.
www.nytfire.com
Text 📱 210-972-1842