Cash Flow Guys Podcast

What is more important?  Doors or Dollars? This mindset can cause lack of focus on profitability, and when we lose focus, we lose money!  People with lots of doors don’t necessarily have lots of money, there are many investors out there right now focused on building numbers of doors, hoping that as they scale the size of the portfolio, magically profitability will catch up with them.  The old saying goes, “You make money your money when you buy” which is very true. Today’s apartment investor in many cases is more of an apartment “flipper” in many cases.  I know investors with hundreds of units that despite a decent sized portfolio, simply cannot escape the rat race.  This can be for several reasons, however it usually boils down to two reasons. They live above their means by either carrying too much personal debt, squandering cash or irresponsible spending. They don’t earn much profit on their deals and in some cases are actually losing money on their “investments” The good news is that these issues can be