Money People Deal: Chapter 34
Respect The Grind with Stefan Aarnio
English - December 13, 2021 10:00 - 6 minutes - 14.2 MB - ★★★★★ - 111 ratingsCareers Business business entrepreneur finance health entrepreneurship leadership interview marketing fitness entrepreneurs Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Next Episode: Money People Deal: Chapter 35
Flipping real estate is one of the most sensationalized forms of real estate investing around today. This is a very popular and romanticized real estate strategy, but many flippers are uneducated, unsophisticated investors who can lose their shirts if they play the game wrong.
In this chapter of Money, People, Deal, you’ll learn about the one biggest calculation mistake flippers and new investors make, spoiler alert: if used, it will absolutely kill you. Stefan will provide you with his 15% rule to appropriately calculate profit. From the final sale price to the financing, carrying and insurance, this formula will make everyone happy, especially you.
“If your deal still makes sense after applying the 15% rule, you have a great deal.”