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Money, People, Deal: The Fastest Way to Real Estate Wealth

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2)

If you only have control of one of the three pieces, you have nothing. In the game, you are worth nothing if you can’t make a transaction happen.

a)

If you only have money, you are a bank, a funding source, an angel investor, or a lender.

b) If you only have people, you are a contractor.

c) If you only have a deal, you are a bird dog or a wholesaler.

d)

If you can put all three together, you are an entrepreneur and will reap the highest rewards.

3)

The most valuable piece in the game is the Deal. The better the deal, the easier it is to find the money. If you are incompetent or don’t want to do the Deal, you can always sell to another investor for a fee. Selling deals as a wholesaler or a bird dog can be very lucrative, and I recommend it every day of the week. The money you can make selling deals is fantastic when measured against your effort.

4)

The least valuable piece in the game is the Money. This is because everyone has access to it. Money earns virtually nothing on its own and gets robbed by inflation. Since money is constantly depreciating, it must move to be valuable. Money can come from literally any source