Living Under Your Means - Hard Money Bankers
Wednesday, July 13
Living under your means is very important when try to become wealthy. The most wealthy people on their planet only spend a small fraction of their income on their living expenses. The rest of the money they put to work. Recently I read 'The Richest Man In Babylon'. It reaffirmed things that mo...
Knowledge vs Implementation - Hard Money Bankers
Tuesday, July 12
Over a persons lifetime they will have many great ideas. Some of those ideas could even be world changing ones. The sad part is that most of those ideas are just fleeting moments that are forgotten as fast as they came to be. Knowledge and ideas are very important as they are the starting poin...
Business Cash Flow - Hard Money Bankers
Monday, July 11
The cash flow of your business is like the same as the blood running through your body. If the cash is plentiful and producing profits, then your business will run healthy. Choking the cash flow by not having enough revenue, large enough margins or too much overhead will lead to a business hear...
Major Construction Problem
Friday, July 08
A major construction problem found on a job site is the same as looking at a pile of cash caught on fire. Construction is an area of flipping that is massively important to your profit margins. Good construction teams can make your life very easy and a bad one can take a great deal and turn it ...
Law Of Abundance - Hard Money Bankers
Thursday, July 07
Many times I meet new investors that are very protected and guarded about the information they have. They seem to have a belief that if they give out say an address or technique, that other people will go ahead an steal it. What they have not come to realize as a new investor is that there are...
Time Is A Negotiation Strategy - Hard Money Bankers
Wednesday, July 06
Time is on your side only if you arrange to be. Time is one of the most powerful tools to use in a negotiation and should be considered. After reading Warren Buffett's autobiography, there was a particular section that stood out. Warren was being asked to make a large acquisition. He knew wha...