Less Work, More Money … Faster
The January 9-11th CashFlowDepot Convention is all about teaching you how to do Less work…Yet still make More Money and More Cash Flow …Faster.
It took me 5 long years of working long hours to get my cash and cash flow where I needed it to be so I could stop worrying about money and stop working so hard.
Some real estate investors I know are working just as hard, or harder, today than they were 15 or 20 years ago when I first met them.
It does not need to be that way!
You see, I thought the secret to success was doing more deals every month. But more deals is just more work.
What I finally discovered was how to work smarter, not harder.
There’s a much better way to get more money… faster.
At the CashFlowDepot Convention in Panama January 9-11th that’s exactly what you will learn. You’ll learn how to work less yet still make more money.
Here are a few examples
Just think how long it will take you to get 10 houses free and clear with each paying $1000 a month in cash flow. It will take a long time. You could wait 20 or 30 years for your tenant’s rent payments to pay off the mortgage. Or you could plow all your profits from other deals in to paying off the houses as fast as possible, but it will still take 10, 15, maybe 20 years to accomplish your goal of $10,000 a month from your real estate.
Or you could buy 100 houses that have a $100 per month cash flow. But that’s just more work with more tenants, more air conditioners that can break, more taxes to pay, more insurance, and more houses to rehab when the tenants move out.
Owning 100 rental properties sounds like a nightmare to me.
The alternative is getting ONE assisted living single family house that nets $10,000 per month cash flow starting in 2015. That’s $10,000 a month or more coming in every single month without doing any more work. You can do this in 2015 instead of waiting 20 years for the same cash flow from traditional methods.
Less work, more money… faster!
To build up your nest egg so you have plenty of money in the bank, you could buy, fix then sell houses. If you get lucky, you might make $25,000 per house but it will take 4-6 months from start to payday. Meanwhile, you’ll have a lot of money tied up in one property and you’ll need to manage the contractors often to keep the project moving along smoothly. It’s a lot of work. Every month you’re writing checks to contractors, buying materials, paying utility companies and yard maintenance while there is no money coming in. I know! I’ve done this too.
Or, you could get options then wholesale old, run down houses making $3,000 to $5000 each deal. I’ve done plenty of these deals. It’s still a good way to make money but it’s a lot of work to do one deal at a time. (read below for a better solution).
A smarter way to make $10,000 to $25,000 or more per month would be to NOT buy or fix up any houses. Instead, just get an Option on properties that are not old or run down. Then do a Highest Bidder Sale to get them sold in 7 days. Instead of waiting 3-6 months to get paid, you get paid in a few weeks. You did not have to manage a rehab project. You did not have a lot of money tied up.
The profit from Highest Bidder Sales could be used to pay off your rental properties faster so you accomplish your cash flow needs. And it could be used to pay off an assisted living facility so your cash flow goes through the roof.
Less work, more money… faster.
When I finally figured out how to do less work but still make more money, instead of wholesaling ONE old run down house, I’d find 10 or 20 run down houses in one week then sell them all at the same time. Here’s how…After I got an option on all the houses I’d rent a big Magic Bus then take potential buyers around to all the houses where they’d submit bid. Each house was sold to the highest bidder. Instead of selling one houses in a day, I’d sell 10 or 20 or 30 houses in a day.
Less work,more money… Faster.
When I buy houses with seller financing or subject-to the mortgage, I usually have $25,000 in equity from day one (sometimes more) and my cash flow is about $300 per month renting to a long term tenant. That’s the traditional way.
But if I took that same house and converted it to a vacation rental or executive rental I could be getting $800 per WEEK in cash flow or get $10,000 per month as an assisted living home
I hope you are getting the picture here. There’s a better way!
The way you have been, and plan to continue, doing your real estate business is like living life in the SLOW LANE. You’re working too hard, and it’s taking too long to get to where you need to be financially.
You need to get on the fast track to success!
At the CashFlowDepot Convention we will show you a better way to accomplish your cash and cash flow objectives.. and do it with less work… and do it faster.
You’ll learn about assisted living homes, Highest Bidder Sales, Magic Bus, Vacation Rentals and marketing magic plus much more.
The Convention is January 9-11th so it would be the ideal Christmas present to give to yourself. Bring your spouse or partner too. Even if they don’t plan to go to the seminar they will enjoy the beach, pools and the warm Pacific Ocean breezes. Plus they get to ride on the Magic Bus from Panama City to the resort free.
SEE DETAILS HERE
Come learn how to work less yet still make more money.. and how to accomplish your financial goals much faster.
January 9-11th you could stay home shoveling snow or you could be in Panama enjoying the warm weather and exotic tropical paradise.
Join me and my guest speakers at the January 9-11th CashFlowDepot Convention at a tropical resort next to the Pacific Ocean in Panama.
I hope to see you in Panama in January! You’ll learn how to work less but still make more money AND you’ll have a blast in Panama too!
Best of Success… and Freedom,
P.S. SAVE $100 if you register for the Convention before November 8th
P.P.S. Want to see more of Panama, including where Jackie lives in the mountains? Check out the Panama Tour after the Convention.