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257 – The 2020 Situation

257 – The 2020 Situation
Nov 13, 2020 · 17m 22s

Recently, America was dragged through one of the most important yet volatile elections in history.   Never before has our country been more divided. One thing that we can all be...

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Recently, America was dragged through one of the most important yet volatile elections in history.   Never before has our country been more divided. One thing that we can all be sure of is that we will certainly see lots of change over the next four years.  Some will despise the change, others will embrace it. Here’s what really matters…Your future success depends on your ability to make lemonade out of lemons. Yes, we will see radical socialist agendas being pushed down the aisle and likely made into laws that favor tenants over landlords.  The good news is that it takes time to pass new laws which will allow you (the landlord) to prepare for compliance or allow you to sell and buy somewhere else. Eviction moratoriums will likely be extended, if this impacts you, learn the law because you might be surprised to hear that there are exceptions to this ruling.  If you have non paying tenants, go talk with them, and discuss solutions.   Our country will likely continue to see record unemployment as both small businesses and big businesses continue to fail.  Maybe now is a good time to get better focused on the steps you need to take to get out of that job once and for all. As for being divided, focus on building bridges and mending fences with your political rivals.  Americas being divided was intentional by the system, they want us divided, let's show them we choose to take the high road instead and come together. Federal stimulus money seems to have dried up due to back and forth fighting between the republicans and democrats, when or if it will arrive is unknown.  If you refocus your energy on lead generation you won’t need any stimulus. I know you might be thinking that lead generation is the farthest thing from your mind right not.  I’m here to tell you that there are people all over the place that are far worse off than you might be right now, and you can help them while making money at the same time. In order to help anyone, you need to discover the problem properties in your community.  I have been using a new to me technology tool to accomplish just that.  With this tool, you will have both MLS and Public records data at your fingertips. Go to CashFlowGuys.com/data to get a 7-day free trial. You will be able to find pre-foreclosures, cash buyers, expired listings while having nationwide access to property records.  This software will help you work up rehab costs, find comps, and complete a market analysis without needing a realtor.  If you are a Realtor, this tool blows the MLS out of the water.
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Author Tyler Sheff
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