Sam Liebman is founder and CEO of WealthWay Equity Group LLC, a New York-based private equity and real estate development company. He has owned substantial interests in over 70 properties during the past 30 years, ranging from multifamily communities, office buildings and shopping centers, to the ground up construction of a luxury 21-story condominium development in Manhattan. He is also CEO of Rolling Cash Realty, Inc., a real estate management company, as well as a partner in Tepper & Co., a certified public accounting firm. His new book is Harvard Can’t Teach What You Learn from the Streets: The Street Success Guide to Building Wealth through Multi-Family Real Estate (Made for Success Publishing, Jan. 11, 2022). Learn more at samliebman.com.
Before You Close on a Property, Perform Psychological Due Diligence on the Seller
You are about to acquire a property and the clock is ticking. This is the timeframe after which you’ve analyzed the offering memorandum, obtained an accepted letter of intent (LOI), and signed a contract to purchase the property. Now, as the contract specifies, you have just thirty days to perform …
