My Favorite Words - Positive Cash Flow
|Ask 10 people on the street what "Cash Flow" is and it is likely 10 people won't have a clue. That's why none of them are millionaires. Cash Flow, of course, is the tide of money that flows in and out of your financial life. When you have more money going out the door than coming in, you have the average debt-burdened American.|
To be rich you need positive cash flow, the 3 most powerful words in the english language (or any other language you translate it into.) "Positive" cash flow means you are just the opposite of the average American: you have more money coming in than going out. Reaching this point was the definitive game changer in my life. You ought to write "Positive Cash Flow" on your bathroom mirror because this is the ultimate prize. It sets you free.
Now if you're job brings in more money than you need, that's great. But you're still working! With real estate, the cash comes in whether you work or not.
Here's How Positive Cash Flow Creates Effortless Wealth With Real Estate...
Say a tenant pays $1,100 a month in rent for Unit 101. And this unit's share of the mortgage and other building expenses is $600 a month. That's gives you $500 a month in positive cash flow. You're making $500 while the tenant pays off every penny of your investment. Multiply $500 by every unit you own… a 3-unit building gives you $1,500 a month is extra cash… a 6-unit gives you $3,000. Life is good.
The money doesn't end here. Your building is increasing in value. And there are big tax benefits. I hope you're starting to see why owning an apartment building is better than a goldmine. During the Gold Rush days more than 99.99% of the prospectors went bust. But the entrepreneurs who sold them picks and shovels made millions. They had tapped into the real Mother Load: Cash Flow.
I want you to be the rich entrepreneur offering a basic service everyone needs: a roof over their heads. It's a great trade off...you provide people with a place to live...and they provide you with Total Financial Security.
Financial Freedom Is a Great Thing. Look At What Comes With It...
No more unpaid bills piling up.
No more credit card hassles or late payments.
No more feeling you're at the mercy of the economy.
No more bosses or worries about keeping your job.
I could go on, but you get the point. Financial freedom is liberating and Positive Cash Flow is what makes it possible.
|David Lindahl has rehabbed over 820 houses in just under 10 years and currently owns over 7,400 apartment units. Starting out as a struggling landscaper with no experience in construction.|
Within the first 14 months, Dave's apartment buildings created a positive cash flow of over $10,300 a month for him and his family and with in three and one half years Dave became a multi-millionaire.
Dave Lindahl, author of 2 #1 bestselling books, Emerging Real Estate Markets, and Multi-Family Millions. His third book is through Donald Trump's organization, and is called Commercial Real Estate Investing 101: How Small Investors Can Get Started and Make It Big.
Among other publications David has been featured in Reader's Digest, Creative Real Estate Lifestyles, AOL and Kiplinger Magazine.
Dave Lindahl, with no Real Estate experience, created systems that allowed him to create enough monthly positive cash flow to retire within 3.5 years.
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