If you’re going to do small deals, change your goal. Get in, fix the deal, and find a buyer so that you flip the deal, and keep flipping until you have enough cash for 32 units. If you buy a 4-unit deal, the goal is to improve the property and increase the rents so that the cash returns are better and you can sell the place higher. This is multi-family apartment flipping. Don’t stay in a 4-unit deal, you might make $600 a month, but it’s not worth the headache, you should just get better at the job you have if you need $600. If you do the 4-unit deal, you want to flip it. Remember, bigger deals are less risky because you have more doors. If you’re a big hitter, if you make a couple hundred thousand a year or have $1 million in net worth, come and invest with me at www.cardonecapital.com and remember, it’s never about how little you can pay, it’s about how much you know.
My GCTV is mobile. Get it on: Apple | Android
Network With Us:
• Subscribe to Grant Cardone TV
• Facebook – Whatever It Takes
• Twitter – @GrantCardone
• Twitter – @RyanTseko
Listen To Us On Podcast:
• iTunes
• Stitcher
The post How to Make Big Money on Little Deals appeared first on Grant Cardone TV.