Monitor your cash flow meticulously from "summary" of How to Make Millions in Real Estate in Three Years Startingwith No Cash by Tyler Hicks
To succeed in real estate, you must keep a close eye on your cash flow. This means tracking every dollar coming in and going out of your business. Monitoring your cash flow meticulously is crucial for making informed financial decisions and avoiding potential cash shortages. By tracking your cash flow, you can identify trends and patterns in your income and expenses. This allows you to anticipate fluctuations in your cash flow and plan accordingly. For example, if you notice that your expenses are consistently higher in certain months, you can adjust your budget or find ways to increase your income during those periods. Additionally, mo...
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