Storage Wins EP277: How Can Wholesalers Profit in Multiple Ways from Just a Single Transaction? The Answers Revealed...
When it comes to multiple income streams, you might think you have to branch out into industries you're not familiar with in order to be successful. However, that's not the case! Alex shares some creative ways you can structure deals in your industry so that you can create multiple streams of income for yourself.
Key Takeaways:
- Collect memories, not things.
- When Alex is at a mastermind, he sometimes likes to bring the family along so that they can take a mini vacation while there.
- When you have a vision for your life, you find interesting ways to combine different elements of your vision.
- How can you create multiple streams of income from within your industry?
- Alex shares an example on how you can profit from two different ways from one big transaction.
- Don't lose sight of what you do. Don't try to create multiple streams of income from an industry you're not familiar with.
- Did you lock up a deal where you know it's going to be a slim margin? There's creative ways to fix that.
- Think about selling some of your leads to agents and work out a JV agreement with them.
- There's so many little things you can do to create multiple income streams from the same interaction.
Mentioned in This Episode:
Feel free to connect with Alex about doing a JV! Email him at alex@flipempire.com
Click Here to apply for our next Holiday Mastermind in (Exotic Location TBD).
If you are interested in joining our team, you can Apply Here
Do you have an existing business? Already closing deals, but feel there is a better way? Connect with Alex here about working with him 1-on-1
Tweetables:
"We live in an 'and' world, not an 'either/or' world."
"Whatever you do, always operate with full transparency and disclosure."
"95% of your leads are going to be retail."
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