When paying always get a lien waiver from all who work on the property # 86 - 101 Street Smart Cash Flow Accelerators

Lou Brown

Dec 30 2019

Hi, my name's Lou Brown. Join me here for my 101 cashflow accelerators where I help you to build your business, grow your business, and support you in protecting you from the mistakes that I've made in my business over the years. Always be sure that we get a lien waiver from all the contractors that are working on the project, not just a general contractor. You see the general contractor can give you a lien waiver, but what if they don't pay the under contractors, the subcontractors that have been working under them? The problem is this, if they've done work on your project and they haven't been paid, they have the right to come in and lien your project. Oh my gosh. What miserable time in your life would happen when you actually have to pay twice for the same work? Yes, pay the general contractor and now I have to pay the subcontractor again.

That's not too much fun. Don't ever assume that your general contractor is going to pay the subcontractors. Always get a lien waiver from everyone that's working on the project. Now we divide up our payments into segments so that during that segment, let's say electrical or plumbing, then we're expecting to see a lien waiver from that electrician or that plumber. And if you have any concerns about whether that's legitimate, call them direct and make sure that they said, absolutely, I signed that lien and waiver so that you can pay your contractor. Hopefully that's been helpful to you. You can learn more and my renovations, volume 11 street, smart investor.com visit there, go to tools and under tools. You'll see all my different systems from having been in this business for over 40 years, buying, holding, and selling property. Hopefully I can help you to build an amazing multi-million dollar business. Love to share with people how they can duplicate what we've been able to do in this great industry of ours. If this has been helpful to you, like it, love it, share it, and I'll see you soon.

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.