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Updated about 9 years ago on . Most recent reply

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Chris Taualii
  • Wholesaler
  • Palmetto, FL
6
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54
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Can somebody explain what it means "we get paid when we buy?"

Chris Taualii
  • Wholesaler
  • Palmetto, FL
Posted

Hello BP.  Can somebody please break down the meaning of getting paid when we buy?  If it's a buy and hold, or a fix and flip how do we get paid on the front end?  Thanks.

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David Dachtera
  • Rental Property Investor
  • Rockford, IL
2,995
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4,613
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David Dachtera
  • Rental Property Investor
  • Rockford, IL
Replied

@Chris Taualii,

Actually it's: You make your money when you buy and you get paid when you sell.

That is,

You build the profit in when you acquire the property.

You extract your profit when you sell.

Hope this helps...

David J Dachtera

"Success is not a destination. Failure is not an event. Success is a process, failure is a choice."
- DJ Benedict

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