00:25 – Why share?
00:35 – Benefits of not using your own money
00:50 – Excellent tradeoff
Hi, everybody. My name is Rick Otton from rickotton.co.uk. How do we get more properties from more people quicker and faster, especially when you just don’t have that much money? The best way to make profit is to share the profit. How do we make profit out of profit by sharing it? That’s how this video is going to work today.
Okay, we’re back. How do we get more properties and more profits out of those properties? Easy. Share the profit to make more profit. What do I mean? Well, there are a lot of elements that have to come into a property transaction. If you use all your money to get 100% of the profit, you may only be able to do one or two properties.
But what if you traded that profit? It would turn into you putting in very little or no cash at all. What if you only made 25% of the profit out of every property you ever did? If you had that money invested, how many properties could you then do?
My name is Rick Otton from rickotton.co.uk. I hope you found that video tip was interesting. For more information, please click here.