Latest / Beyond The Build with Wendell Butler
2. The Deal That Went From $120K Profit to BREAK EVEN
Today’s episode is about one of the worst real estate deals I’ve ever been part of.
What started as a projected $120,000 profit turned into a complete nightmare filled with foundation issues, retaining walls, grading problems, holding costs, and expensive mistakes that destroyed the margins.
I break down exactly where we went wrong, the due diligence mistakes we made, how emotion can kill a deal, and what this project taught me about business, partnerships, and risk management.
This is the side of entrepreneurship most people never talk about the losses, stress, and problems happening behind…
The skinny
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