(Part 2 of 3) The Common Mistakes Developers Make and How to Avoid Them

Retire Young Through Property

Part 2 of 3 of the series “The Common Mistakes Developers Make and How to Avoid It”. In this episode, I will share with you my personal experiences with the mistakes I have made or I've seen other people make and how you can avoid these. Me and my business partner were on track to make a million-dollar profit and the GFC came and those profits disappeared right before our eyes. With a lot of hard work and painstaking effort we're still able to earn $200 grand in the middle of GFC. Oftentimes, developers want to pump up how wealthy they are so they’ll buy expensive cars to look the part. I started when I first bought my Mercedes. I admit I bought it on debt. And that really emphasizes to me especially on the GFC when the car value is going down, the value of the car is a lot less than what I owed the bank. I want to sell it but I wasn’t able to sell it because the debt on it was significant and I didn’t have the cash handy to pay off that debt. When you pay cash, you get really really good deals, good discounts. The car that I traded in my old AMG Mercedes had no debt on it. I was debt-free and I wasn’t pouring money. Download Your FREE Chapter of Bankable to find out How to Make BIG MONEY from Small Developments -->> https://www.advancedpropertystrategies.com/bankable-free Which development strategy is right for you?… Where can you find the BEST bargains?… And how do you get FREE blocks of land??? This sample chapter shows you all this… and more!*Choose The Right Development Strategy*Buy Property At A Discount Learn more at https://www.advancedpropertystrategies.com/