167 - Why Knowing Value Is So Important

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Manage episode 248501645 series 1456926
By Larry Harbolt. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

It is important that every investor knows that value has nothing to do with money. Value isn’t just about the price you pay for any property. Value is what each person in any transaction feels they got what they wanted or the transaction will never take place. Today’s podcast will give you ideas how you can use things other than cash a seller believes has more value to them than getting cash at closing. Value is what each party is happy with getting in a transaction where cash doesn’t necessarily have to be part of the deal.

Value doesn’t equal dollars, dollars do not equal benefits, value is subjective to each party of any transaction.

It’s time to understand how value of things other than cash is monumental to your success. When you know how to use other items in exchange for equity to buy real estate can really make a huge difference in how much money you eventually make on every deal you do.

199 episodes