Tuesday, May 5, 2020

Borrowing: Ask What They Are Earning On Their Money; And Then Offer To I...

https://streetsmartinvestor.com/101-cashflow-accelerator/borrowing-ask-what-they-are-earning-on-their-money-and-then-offer-to-increase-it-33/



Hi! It's Lou Brown. With another of my 101 ways for real
estate investors like you to win, close more deals and accelerate your cash
flow. Today's tip is number 33. Alright, so, before you say what you'll pay,
ask them what they are earning on their money. Then offer to increase that. Now
what do I mean by that? Well, so many folks have their money sitting in bank
accounts right now, lots of it, and it's just sitting there earning 0.0
something percent, which is zero. In fact, because of inflation, inflation has
averaged 3% over the last 20 years according to the Bureau of Labor Statistics,
2.94% to be accurate. Then anyone who's earning less than that is really going
backwards. Now imagine that you can step in as a real estate investor and you
can offer them something like what the banks charge, for example. So if you
were to go to the bank as an A credit borrower and borrow at today's rates,
look at that rate.
How great that is. Well imagine that you could offer that
to Mrs. Jones, who's got our money sitting in the bank account right now,
earning 0.0 something percent and she can put her money to work, helping
deserving families end up with home ownership. Isn't that a noble and valuable
thing? And what I found out is many lenders care what they do with their money.
They care what their money is going to be used for. And doesn't it make sense
for you to give them that opportunity and that option. Well we've got a script
for that, what to say, how to say it. And once you learn this valuable thing,
it's all there sitting ready for you. And in fact, when you look at your
contact list in your phone, you're gonna find that there's people that
absolutely love this. So get the script. There's more about this.
And in fact, there's a lender presentation kit at StreetSmartInvestor.com
and click on tools and then look up the lender presentation kit. I think you'll
find that valuable. I hope you have enjoyed this. I know that you will use
this. It's really going to make a difference in your profits. I've never been to
the bank, I've never qualified for a loan. I'd love to share more of my
profitable tips with you. How can you do that? Well, simply by when you see
this, like it. Love it. Subscribe to it. Let others know about it. And thank
you for watching and I hope to see you soon. Yeah, baby!
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