🤔 What do 6 pack abs and 6 figure cashflow have in common?

[AJ Smith]

🤔 What do 6 pack abs and 6 figure cashflow have in common?

It's easy to overextend yourself while chasing either.

⏳️💪🏽Less is more in the fitness world.

Training hard 7 days a week without rest makes it difficult for your muscle fibers to repair themselves and grow back stronger. 

Focusing on 4-5 days of Hard training and two days of light training (walking/yoga) allows time for recovery.

🏢 It's also possible to overextend yourself in real estate. 

Without Standard Operating Procedures and a Strong Team to support you, chasing a passive 6-figure rental income can quickly turn into sprinting toward a new full time job in property/construction management.

On the debt side, overextended operators have chased variable rate debt in a mad dash for door count. 

It remains to be seen whether the predicted wave of multifamily defaults comes to pass, but with DSCR's in the low 1.00's you can be sure the capital involved in these deals is "training 7 days a week" and headed toward burnout.

⚠️ If you want to be a landlord, don't overextend yourself chasing the 6-pack abs of real estate investing. 

The six figure rental income will come with time. 

💡 Great deals have a great cost basis, great debt (if there is any debt), and a great team; enabling your capital to work smarter, not harder.