You're listening to Wholesaling Inc. episode number 1784. The misconception about rentals is people

think it's passive, which it kind of is, but you really have to be on top of those assets or

your operational expenses will just crush your cash flow. This is game-changing information

guaranteed to raise your real estate wholesaling business with

actionable steps you can take immediately to navigate the ins and outs of wholesaling and

start making money today.

Join us as we put our guests in the hot seat and dive deep to dissect their strategies for

success to enable you to duplicate their results.

You're listening to Wholesaling Inc. The only show dedicated to making you to duplicate their results. You're listening to Wholesaling, Inc.

The only show dedicated to making you a fortune in wholesaling.

How do you know when it's the right time to start taking some of these chips off the table

and putting it into your rental point?

Yeah, so I don't think there's, I think it really depends. It's case case by case right so he's actually talking to one of my mentees the other day on um you know

he's starting wholesaling he's making a bunch of cash right the first thing i told him is once you

have enough breathing room right enough breathing room when it comes to marketing your overhead your

team whatever then start taking like you said start taking some of those chips off the table. And it may not seem sexy at first because, oh, cool, like I bought one rental property that maybe spits off a couple grand in a year in cash flow after all your debt service. Yeah. But like, so I guess to answer your question is, once you have enough breathing room, take some chips off,

put it into a, you know, just don't buy like the highest cash flowing property because typically that's like a D-class or a more zone type property. Put it into a nice stable property that,

you know, that continues to grow. Well, let me ask you about that. So what do you think is a nice

buffer?

Is it 90 days worth of expenses? Is it six months worth of expenses? If you start taking,

yeah, if you're, if you're brand new, because like you could close a couple big deals and

all of a sudden you could have six months worth of expenses, but you're still brand new and

...