The importance of cash flow and due diligence in deals

If a property cannot be restructured or refinanced to achieve positive cash flow, it may be best to walk away from the deal./nThorough due diligence is crucial before closing on a deal, especially if the income cannot be properly verified./nPast behavior is often a good indicator of future behavior, so it is important to research a person's track record before entering into business with them.

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Want to be a millionaire? We sat down with Codie Sanchez, Alex and Leila Hormozi, Mikey Taylor, Cody Davis, Christian Osgood, and other multimillionaires and distilled their most critical investing, business, and entrepreneurship advice into one episode. But we couldn’t unleash all this wealth-building content on any old episode, so we packaged it up and made it into our episode 800 special!

This time, we’re not just hearing from one successful guest but dozens of them as we get their take on the biggest mistakes, the worst wastes of money, the best advice they’ve ever received, and whether or not you’re too old (or young) to get rich. You’ll hear what’s holding them back today and the one thing they wished they had done earlier that would have made them millions more and saved thousands of hours.

Stick around because this episode is a masterclass on making your first (or next) million from investors who are playing the game better than anyone else. Be sure to keep an eye on the BiggerPockets feed, as these full interviews will be released over the next few weeks!

In This Episode We Cover:

What you should NEVER ignore if you’re building a rental portfolio or business

Why focusing on making money while you’re young is a WASTE of time

The $3,000 purchase that Alex and Leila Hormozi wish they could take back

Why you DON’T need money to make millions and an eight-figure mistake you CAN’T repeat

Building your systems and processes NOW so you can relax while others work for you

Shiny object syndrome and how it’s secretly making you broke

And So Much More!

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