Oct 23, 2019
Managing your cash flow is very important in real estate investing. You need to know how to maintain streams of capital to buy good properties, offset debts, and make sure that your business stays afloat. There are many different strategies that you can employ to help you achieve your goals, but the question is – which one should to use? Which one is truly effective?
The reality is that there is no silver bullet. There is no miracle solution that is everything you need to succeed. The right strategies for maintaining your cash flow and building wealth is a combination of strategies that cater to you and your business. You will make mistakes along the way as you find your own secret formula for success, but the most important thing is to learn from these mistakes.
Income Property Expert, Tyler Sheff, admits that he had made a lot of mistakes when he was starting out. These mistakes kept him from having a successful real estate investing business and forced him to leave to find a regular job after the Housing Crash of 2008. Today, he manages a successful real estate business and he has founded Cash Flow Guys, an institution that focuses on educating people on how they can make a good start in real estate investing.
In today’s episode, Tyler shares how he finds investors, closes deals and manage his cash flow. He also shares some good insights on the Buy and Hold strategy and how he invests using 100% private capital.
“You're not going to raise private capital off of a list." - Tyler Sheff
On today’s episode of Flip Talk:
Tyler’s Advice for Starting Real Estate Investors
Connect with Tyler Sheff:
Interact with Don and the Flip Talk Community
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