190 - Stop Wasting Time and Start Making More Money

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Manage episode 263806383 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.

Today's podcast talks about how all too many investors waste their time building spreadsheets trying to determine what the Internal Rate of Return of each property will be, instead of how much NET PROFIT they will get if they purchase any property. You must remember, to find the amount of net profit is based only on the amount of the investor's cash they invested in each deal. In the early years of your investing career forget the Internal Rate of Return and focus more on how much net profit you end up with after expenses to pay your monthly expenses.

199 episodes