Charge the contractor a penalty when they don’t finish on time #82 - 101 Street Smart Cash Flow Accelerators

Lou Brown

Dec 05 2019

It's Lou Brown. I'm back with another my 101 cash flow accelerators. Renovations can absolutely accelerate your profits. However, there are things that you must consider. One of the things that I've laughed about over the years, I've learned in doing many, many renovations is that when you're dealing with the contractors, you better have it clear who is going to be responsible for the debris clean-up and removal from the property. We have it built into our independent contractor services agreement to be sure, and by all means that they are going to be responsible for that and they will not get their final check until all debris has been not only cleaned up but removed from the property. I hope that's been helpful to you. It's really, it's been a challenge in my life for sure, and I want to make sure it's not a challenge in years. If this has been valuable like this. Love this, share this and I'll see you soon.

101 Street Smart Cash Flow Accelerators

Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing.

* How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan…

* How to have a buyer or renter before you even buy property…

* How to have them already pay you money before you sold them anything…

These are exactly the kinds of deals he does day in and day out. Most 'investors' are getting it wrong. It's not about the property, it's about the buyer. Buying right and buying cheap is what you'll do after you have the buyer.

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Web Site:https://millionairejumpstart.com/ and https://streetsmartinvestor.com/

Real Estate investors in all fifty states across Canada and fifteen foreign countries including as far away as Australia and New Zealand, have long regarded the training, systems and forms created by Louis Brown as the best in the industry, Quoted as an expert by many publications and authors, “Lou” draws from a wide and varied background as a real estate investor having been buying property since 1976.

He's invested in single-family homes, apartments, hotels, developed subdivisions and built and renovated homes and apartments. Each of these experiences has given him a proving ground for the most cutting edge concepts in real estate today. He's widely known as a creative financing genius with his deal structuring concepts.

Being a teacher at heart he enjoys sharing his discoveries with others. He has served the industry in many volunteer positions such as past President and designated lifetime member of the Georgia Real Estate Investors Association, the world's largest real estate investor group.

He is also founding President of the National Real Estate Investors Association, which serves as the umbrella association of local investor groups.