Cash Flow Guys Podcast

Where are all the deals? I hear this a bunch, and my usual reply is “What specifically have you done to find opportunity?”  After saying that, I hear silence, the reality is the answer is that they have not done a thing. I also hear about investors buying properties simply because “they could” or because “the seller allowed me to buy” which blows my mind. When we focus only on “what’s for sale” we are seeing the same opportunity as everyone else.  In what some refer to as a seller’s market, this creates a frenzy as the scarcity mindset kicks in as does F.O.M.O (which stands for Fear of Missing Out).  Any time there is buying pressure, people simply overspend because of the fear of missing out.  Overspending often leads to a foreclosure. Instead of focusing on what’s for sale, perhaps we instead focus on finding problems.  When we shift our focus to sellers with problems (or properties with problems) we then have seller motivation on our side. What are problems? Problems are ANY situation that motivates a sell