#153- What We Would Do In Land If We Started Over with $5,000
The Real Estate Investing Podcast
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How to Fund Your Own Deals
Daniel: Just having that being a focus of your business, what you once you acquire land is going to turn money. And then when you do build up the profit, like that investor got $6,000, they can throw it into more mail. Ron: If I built this $5,000 we started with into $50,000 and I get a $15,000 property that I think's worth 45, I'm going to buy that $ 15,000 property myself. So start investing in your prime, prime properties yourself. Don't expect that property to sell within six months. That's why you want marketing money always for six months lined up.
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