Teamwork for Maximum Cash Flow

We are a nation of go-getters and risk-takers, founded by people who went off on their own and built a future for themselves. But in every story, there is always an example of someone who helped someone else out... my great great grandfather was a Riese who came over from Germany, but when he finally got here, he sent money and paid for other family members to come over to Iowa to have a better future here.

Some of us have made it big, but None Of Us have everything figured out - that's what impresses me about Dean - he knows that his students, yes, his students, know more than him. He knows that a successful teacher is successful when the students know more than the master. Unfortunately, many people I meet who are investors don't have the partnership and mutual benefit mentality, and it stifles them from achieving the best for themselves.

Here are a few points that can help you achieve the best for yourself, and Maximum Cash Flow in your investments...
#1 - Bring people into the Equation.
Often, when I tell investors I get great cash flow deals, they want me to show them how I do it so they can do it themselves and cut me out of the equation. Instead of making money in real estate the way they do best, they try to copy what someone else does best. If you have cash, partner with a dynamite wholesaler who has the complete package - the deals, the financing, the power team. If you're a wholesaler with cash buyers, find a wholesaler who has deals. If you're a wholesaler with deals, find wholesalers with buyers. Do what you do, and find someone who does what they do better than you and pay them very well to do it.

#2 - Multiply
If you have the ability to let go of some of your profits and give it away to get more deals done by bringing other people into the equation, THEN you can multiply. Build the team, then multiply. It takes patience to wait and lay the framework before multiplying. I struggle with this too! But if you were to go out and acquire multiple cash flow properties in areas before finding the people and team in that area to do what they do best, then your capital gets deployed and may be locked into a limiting capital situation.

#3 - Partner Partner Partner
I have true LLC's. By that I mean actual multiple partner LLC's. These have maximum limited liability, and maximum flexibility in commercial lending. I know people who refuse to partner, and want to do everything themselves. Find someone with more money than you, multiplying assets better than you, and join them. Along with increased diversification, you can take advantage of your partner with more money than you and use their financial profile to expand rapidly.

Teamwork is the name of the game when it comes to maximizing your returns. Because I team with other people, I recently got 17 units fully cash flowing net $1200/mo with $0 down. It was teamwork that made it a reality, and that is the only way true explosive success in Cash Flow happens.