{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Episode 283. Stop Waiting - Start Submitting LOIs","description":"Most new investors never buy their first apartment building for one simple reason: They don\u2019t make enough offers. In this episode, I break down why submitting LOIs is one of the most important reps you can get in this business \u2014 and why you\u2019re not actually \u201clocked in\u201d just because you made an offer. We\u2019ll talk about how many LOIs you should be submitting, what they really mean, why people freeze up at this stage, and how the simple act of making offers builds skill, confidence, deal flow, and real broker relationships. If you want to become an operator, you can\u2019t sit on the sidelines overanalyzing forever. Speed matters. Reps matter. And imperfect action beats waiting to feel ready every single time. I\u2019ll also walk you through: \u2022 LOIs vs PSAs \u2014 what\u2019s actually binding and what isn\u2019t \u2022 Why submitting offers helps you sharpen your underwriting \u2022 How brokers start taking you seriously \u2022 What happens after an LOI gets accepted \u2022 The real (and limited) financial risk involved \u2022 Why the people making offers are the ones who win long-term And I end with a simple challenge: submit at least one offer this week \u2014 even if it\u2019s verbal. If you want help getting taken seriously when you show up in this business, grab my free Multifamily Credibility Kit here: \ud83d\udc49 stan.store\/buybuildings   And if you want structure, guidance, and accountability while you build your multifamily career, check out my Buy Buildings, Build Empires course and the Multifamily Machine cohort inside my Stan store as well. Let\u2019s get you moving. Stop waiting \u2014 start submitting LOIs. ","author_name":"Small Axe Podcast: Multifamily Real Estate | Buy Buildings, Build Empires","author_url":"http:\/\/smallaxe.libsyn.com\/website","html":"