Always have a budget.
This keeps you in a profit as opposed to losing money on your deal because you over spend.
101 Street Smart Cash Flow AcceleratorsLou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing.
* How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan…* How to have a buyer or renter before you even buy property…
These are exactly the kinds of deals he does day in and day out. Most 'investors' are getting it wrong. It's not about the property, it's about the buyer. Buying right and buying cheap is what you'll do after you have the buyer.
* How to have them already pay you money before you sold them anything…
--------------------------------------------------------
Hi, it's Lou Brown. I'm back with another of my 101 cash
flow generators, planning for you to make more money with less effort. This is
a great one and it is always have a budget. You know, a lot of people jump into
a renovation. They really don't know what they're gonna do or how they're gonna
do it. They just decide along the way, which is a really bad plan. So my advice
is to do your homework, design the house the way with the end in mind. Always
know what materials you're going to put into it and how much you're going to
spend, otherwise you can spiral out of control. I've watched many people crash
and burn. You know, they watch TV, they think that they are now in a renovation
business. It looks so easy. It's amazing how they're able to do all of those
months of renovations in just a half an hour isn't it? And many times you can
see the pain and suffering that people go through in their renovations. Way
overspend, tear out things they shouldn't have torn out, and really not taking
advantage of the fact that you need to be making a profit.
flow generators, planning for you to make more money with less effort. This is
a great one and it is always have a budget. You know, a lot of people jump into
a renovation. They really don't know what they're gonna do or how they're gonna
do it. They just decide along the way, which is a really bad plan. So my advice
is to do your homework, design the house the way with the end in mind. Always
know what materials you're going to put into it and how much you're going to
spend, otherwise you can spiral out of control. I've watched many people crash
and burn. You know, they watch TV, they think that they are now in a renovation
business. It looks so easy. It's amazing how they're able to do all of those
months of renovations in just a half an hour isn't it? And many times you can
see the pain and suffering that people go through in their renovations. Way
overspend, tear out things they shouldn't have torn out, and really not taking
advantage of the fact that you need to be making a profit.
Well, hopefully that is helpful. In my renovations, volume
11 I have an entire budgeting tool where you're able to go room by room, item
by item, identify exactly what needs to be done per trade so that you can budget
accordingly. That's it. streetsmartinvestor.com click on tools and you'll see
renovations volume 11. I'll see you soon. Like it. Love it. Share it and take
care. Yeah, baby!
11 I have an entire budgeting tool where you're able to go room by room, item
by item, identify exactly what needs to be done per trade so that you can budget
accordingly. That's it. streetsmartinvestor.com click on tools and you'll see
renovations volume 11. I'll see you soon. Like it. Love it. Share it and take
care. Yeah, baby!
Visit:
No comments:
Post a Comment