You Need 300,000 in Your Account Before You Buy a Rental Property

I would say a thousand property contacts minimum before you can buy a rental property. I think the first two years of building the machine is to do your first deal. Second step is to go full time, replace your income. Third step is to build your team and four step pay off all of your consumer debt. And fifth step is start buying the assets. It's like in our rhino tribe, right? So we teach people to run a seventh level business. A seventh level business is a seven figure wholesaling business that's run mostly by other people.

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