Cash Flow Guys Podcast
224 - Coronavirus Fallout - How To Avoid Taking A Loss
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:22:25
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Sinopsis
This week we are going to talk about how to avoid taking losses based on recent events. Stock Investors...Losses come from only two events, the sale of a stock or the permanent closure of the business in which you own stock If you are invested in companies that have solid histories the stock prices will rebound once consumer confidence is restored. If you are a buy and hold real estate investor do not sell now! Instead, wait for markets to rebound. If cashflow is low maybe you can refinance for a lower rate or if you have paid down equity refinance for a smaller loan balance which will reduce your payments and therefore increase your monthly cashflow. Another way to increase cashflow is to offer additional ametities if it makes financial sense to do so. An easy way to to buy a washer and dryer and lease it to the tenants. Adding a storage building can also be a huge profit additon. If you are a house flipper, it’s time to get to work finishing your projects and get those properties listed and sold. DO NO