This might seem like a rhetorical question, but it’s not. Believe it or not, many fix and flippers—inadvertently—choose to give their money to bankers and lenders. Sadly, most don’t even know it. Why? Because they don’t fully understand the Fix and Flip Escalator:
The basic goal with the escalator is to move down the steps as fast as you can. Every time you reach the next step, your profits will JUMP!
And you know what that means, right? Yep! More money in your pockets (not a bank or lender’s). And the more money you have, the faster you can flip homes. The faster you flip homes, the faster you can live the life you’ve always dreamed of.
Like, a lot faster!
If you’re ready to get moving, we’re ready to help. Give us a call to chat more about the benefits of the fix and flip escalator.
https://hardmoneymike.com/wp-content/uploads/2019/07/1.png471858Mike Bhttps://hardmoneymike.com/wp-content/uploads/2019/06/hard-money-mike-logo.pngMike B2019-07-15 08:00:492019-08-16 10:40:31Introducing the Fix and Flip Escalator
About: 98th annual Stampede features PRCA rodeo, live country music, monster trucks, a demolition derby, carnival, roller derby, fireworks and one of the largest Independence Day parades in the nation.
About: In addition to one of the most spectacular fireworks displays in the state, this quintessential Colorado mountain village offers a variety of family-friendly festivities and events specifically tailored for the holiday, in addition to an abundance of outdoor recreation activities.
About: 116th Annual Cowboys’ Roundup Days is a truly western celebration of Independence Day. Concerts, a parade, rodeo, fireworks, pancake breakfast, and other activities highlight this six day extravaganza.
Stay safe this Fourth from the Hard Money Mike team!
https://hardmoneymike.com/wp-content/uploads/2019/07/art-blur-bright-285173.jpg14402160Mike Bhttps://hardmoneymike.com/wp-content/uploads/2019/06/hard-money-mike-logo.pngMike B2019-07-03 08:00:432019-09-12 13:50:55Holiday Events This Week in Colorado
Did you know more than $100,000 is sucked out of your pocket every two years? Yeah, that’s a lot of money—money you could be making rather than losing.
Why is this happening? Simply put, you’re not playing the real estate finance game right. As a fix and flipper, you probably think about projects like this:
You likely spend most of your energy debating whether or not to buy a property, and then creating a budget to maximize the repair WOW! factor. Smart, but that means financing is left for last…and least.
Code red! Code red!
Kidding.
Kind of.
As important as financing is, we get it. Who likes doing math and paperwork? Let’s face it, it’s just easier to assume all loans are identical and it’s perfectly fine to take the same financial path for every project.
…It’s not.
Sorry.
By taking the same path for every project, you risk losing a lot of money. Like, hundreds of thousands of dollars.
So, how do you win the real estate finance game? That’s what Hard Money Mike is all about! We want to help you understand how to increase your profits, lower your cost of funds, and improve your monthly cash flow.
If you’re ready to stop losing and start making, contact us! We’re excited to show you how you can win the real estate finance game.
https://hardmoneymike.com/wp-content/uploads/2019/06/june-26.png309538Mike Bhttps://hardmoneymike.com/wp-content/uploads/2019/06/hard-money-mike-logo.pngMike B2019-06-26 11:55:332023-01-12 12:23:58Win the Real Estate Finance Game!
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