https://cardonecapital.com Cardone Capital Wed, 23 Jul 2025 16:29:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 https://cardonecapital.com/2018/11/19/five-things-to-know-about-a-letter-of-intent/ Mon, 19 Nov 2018 17:12:19 +0000 https://cardonecapistg.wpenginepowered.com/2018/11/19/five-things-to-know-about-a-letter-of-intent/ properties do you own? Include everything that’s positive. Come up with a list of things that you love about yourself. This is where my books come in, Sell Or Be Sold, Be Obsessed Or Be Average. The 10X Rule… Your bio can include your bank partners and how much property you have. It would include that you’ve never gone bankrupt. I’ve never gone bankrupt or gone bad on a loan. The fact that you’ve never renegotiated the loan package. No lawsuits going on, having great credit. A quick word on due diligence. All I need is about 21 days. Keep it short. The more you add time, the more you show the lack of the assurance to close and commitment. And the last thing is the deposit. Don’t be so scared of the deposit. And by the way, I haven’t gotten a lawyer involved… Remember, find the deal and commit. Create a great letter of intent to stand out from the crowd and sell yourself. Make sure you have a bio, and your LOI has terms like price, closing date, financing, due diligence and deposit in it. Invest every penny, every penny into income-producing real estate. As long as you can hold on for a long period of time, I promise you your money will become worth more money – as long as you pick the right properties in the right locations, manage them correctly and can hold on. ]]>