Deals on the wall
Over my desk I have a whiteboard that I use to try to keep up with Deals I have in the works. So let me define what I think is a deal.
  1. Any loans that I have recurring income flowing into my Accounts. These could be normal business accounts, retirement accounts.
  2. Short term loans that do not cash flow but payoff one time. I list amount out amount in and date expected to payoff. Example $25,000 > $27,500 30 days
  3. Properties I have listed for sale
  4. Properties I am looking to possibly buy. I am only looking at properties that the seller is willing to hold the note.
  5. Outstanding passive investments as hard money loans to house flippers
You can not count stocks, bonds, mutual funds, bitcoin, XRP, gold, silver, because you can not control the income of those assets. They go up and down with or without you. They do not deserve to take up space on your whiteboard.
I want you to have at least 5 deals up on that whiteboard At all times!
What's on your Whiteboard? Need a whiteboard?
Let's Go!
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Mike Ruscica
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Deals on the wall
Retirement CASH FLOW
skool.com/retirement-cash-flow-
Retire wealthy with multiple streams of income! Build these streams one by one. Get one going then work on the next. NO: stocks bonds mutual funds!
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