Storage Wins EP209: Creative Ways You Can Add Value and Structure Deals for CASHFLOW
Alex shares a couple of examples on today's podcast on how someone can better structure their deals so that you create win-win scenarios for your investors, sellers, and yourself. Discover what you're good at and what kind of value you can bring to the table. You don't always need to get 100% of the deal.
Key Takeaways:
- Don't have _____ to help you get deals? Alex has a couple of solutions for you.
- How can you add value to your sellers and investors?
- Why would anybody really sell their house 50 cents on the dollar?
- Put your creative hat on and think of ways you can help your seller.
- Remember, it never hurts to ask, even if it might sound 'ridiculous.' You don't ask, you don't get.
- You don't have to do all the hard work to pull in 100% of the deal. You can get a smaller % of the deal and it will still be good for your business.
- Alex shares an example of what a friend of his is doing to own properties free and clear and get 50% of the cash flow.
- What's your unique ability? Focus on that.
Mentioned in This Episode:
Feel free to connect with Alex about doing a JV! Email him at alex@flipempire.com
Tweetables:
"Typically, sellers are exchanging equity for a solution."
"If you don't ask, you don't get. Closed mouths don't get fed."
"Talk to people. Don't be so damn shy. Be proactive."
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