Rob opens up the group to a victory huddle. During this time, our community shares our wins, losses, and challenges with each other. Adding new family members was surprisingly the sole topic. We discussed new great grandchildren being born and the joy of quality time with kids and grandkids. One guest also brought up his recent blessing of adding a new son in law or daughter in law to his family by marriage.
Victory Huddle on New Family Members and Quality TimeThe conversation starts off with Rob contrasting the game of football with other endeavors in life. Seasoned pro athletes may not need to huddle in order to win on the field. However, in the game of life, sharing our wins with others in a tight knit group is key for success. Sometimes that means opening up about our challenges and failures, allowing others to lift us up. It can also mean celebrating our victories in the huddle.
Gary informed us he and his wife just welcomed their twelfth great grandchildren. Rob added that the Bible teaches us that the birth of grandchildren is a reward for a life lived wisely. He mentioned how things like playing catch with our kids and grandkids may seem small to us, but they are building huge memories for them. When Rob and Claudia bought their motorhome, one goal was taking one week out of the year to take their grandkids on vacation with them.
Another group member Brad shared the victory of his son getting married recently. Rob reminded us this is another opportunity to mentor his new daughter in law.
Do you own multi-family properties? If not, do you aspire to one day? Then you should consider joining our online discussion group, the Addicted To Life Community! Each month, Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Enroll today!
Wouldn’t it be great if someone explained the kinds of real estate deals in easy to understand language? In this video, successful multi-family property investor Rob Rowsell does just that. Are you a cash flow investor? Perhaps are you looking for back end equity instead? Either way, you will learn the nuts and bolts of these investment deals in this video.
What Kinds of Real Estate Deals Are There? How Do They Work?Rob starts the discussion off on the kinds of real estate deals. He explains that a cash flow investor puts his or her money into an investment and receives a regular return on it quickly. A back end deal, however, works differently. An extreme example of a back end equity play involves injecting capital into a new construction project. You may have to wait a long time in order to get a return on your investment. Some factors in that deal include waiting on the land purchase to go through, hiring contractors, and building inspections before getting paid. Depending on the specifics of your deal, your payout could come at different times during the life of the building. Many times, a balloon payment is made to catch investors up when the building is sold.
Other factors to consider is turnover of tenants and renovations to an existing property. If you are in a position to wait these out, you could conceivably make a greater return than you could over the life of a cash flow deal.
Now you know about the kinds of real estate deals. Why not consider joining our online discussion group, the Addicted To Life Community? Each month, Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Enroll today!
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