Dan Martell - October 25, 2023


Be resourceful with no money!


Episode Stats


Length

26 seconds

Words per minute

235.5183

Word count

103

Sentence count

4


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

What if you found a four unit building that was just a killer deal? When you run the numbers, you're like, "This is a high-yield building. Now you have no money" right? That's okay, that's okay. What I would do then is go find the person that's already buying those kind of deals and partner with them and say, "Hey, I've got this deal, I want to give it to you, but would you be down to give me 5% of the equity?" Now, you may not see a penny on that for 10 years, 15 years, 20 years

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 What if you found a four-unit building that was just a killer deal?
00:00:04.660 When you run the numbers, you're like, this is a high-yield building.
00:00:07.780 Now, you have no money, right?
00:00:08.860 That's okay.
00:00:09.500 What I would do then is to go find the person that's already buying those kind of buildings
00:00:13.620 and partner with them and say, hey, I've got this deal.
00:00:16.860 I want to give it to you, but would you be down to give me 5% of the equity?
00:00:21.060 Now, you may not see a penny on that for 10 years, 15 years, but at least you're in the game.