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Land as a Cash Flowing Asset » REI In Your Car » 1376
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Manage episode 457755434 series 123306
On a recent coaching call with one of my apprentices, we looked at some deals. One of his deals is in North Carolina and he sent a blind offer to the seller. His offer wound up being a bit too high to make good money on it, so we walked through things together. The beauty of using owner financing is that you can accept a lower cash offer and turn the remaining balance due into monthly payments. Charge some interest and you’ve got yourself some decent cash flow and profit coming in.
Here, I walk through the scenario with my apprentice and show you the exact steps to take to start turning your land deals into cash-flowing assets. The power of cash flow by assets is that you start thinking like a rich person, not like a broke person. When you generate serious cash flow, you can achieve financial freedom. This isn’t a scam or a get-rich-quick scheme. It’s real estate investing 101!
What’s Inside:
—How to turn land deals into cash-flowing assets
—The power of owner financing
—Why producing cash flow allows you to think like the rich do
1060 episod
Fetch error
Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on December 27, 2024 11:26 ()
What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.
Manage episode 457755434 series 123306
On a recent coaching call with one of my apprentices, we looked at some deals. One of his deals is in North Carolina and he sent a blind offer to the seller. His offer wound up being a bit too high to make good money on it, so we walked through things together. The beauty of using owner financing is that you can accept a lower cash offer and turn the remaining balance due into monthly payments. Charge some interest and you’ve got yourself some decent cash flow and profit coming in.
Here, I walk through the scenario with my apprentice and show you the exact steps to take to start turning your land deals into cash-flowing assets. The power of cash flow by assets is that you start thinking like a rich person, not like a broke person. When you generate serious cash flow, you can achieve financial freedom. This isn’t a scam or a get-rich-quick scheme. It’s real estate investing 101!
What’s Inside:
—How to turn land deals into cash-flowing assets
—The power of owner financing
—Why producing cash flow allows you to think like the rich do
1060 episod
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