EP 451 - What to Do When The Effort Isn't Worth the Payout

What did you think of todays show??

Even small deals can keep you in the game, especially in this economy. But that doesn't mean every deal is worth the effort. In this episode, we break down which deals are worth your time, when it makes sense to walk away, and why chasing quick wins won't work in this market.

Hear why we take on $0 deals, why you should stop caring about interest rates, and the best size for a scalable wholesaling business.

Topics discussed:

Introduction (00:00)

The pros and cons of small deals (00:37)

Why we do zero profit deals (04:17)

Chasing bad deals (06:01)

Why you should stop caring about interest rates (08:39)

Affordability, debt, and real market risks (11:25)

Why rates won’t go down anytime soon (16:47)

How to track your business success (24:05)

Long-term plays and relationship equity (26:56)

Why we pivoted our business (30:51)

The lending landscape is killing deals (38:57)

Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/

Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!
https://instantinvestor.collectingkeys.com/invest-anywhere

Follow us on Instagram!

https://www.instagram.com/collectingkeyspodcast/

https://www.instagram.com/mike_invests/

https://www.instagram.com/investormandan/

https://www.instagram.com/dylan_does_deals

This episode was produced by Podcast Boutique https://www.podcastboutique.com