In real estate, time is not your friend. It’s important to keep things moving in a market that can change so fast. In this episode, Natalie Mitchell shares her biggest secrets and the formula to her success in this business. Flipping is not easy, but it is totally worth it.
“It doesn’t matter what the market is doing around you. What matters is what happens when you buy and what happens when you sell.”
Should you buy, rent, or hold? It’s all about trying to figure out how you’re going to recycle the same money over and over again. You need to figure out what your return is right away once you get into a pattern of buying and renovating. Because you have multiple streams of income, your income isn’t totally exposed to a volatile market. You’re protected a little more from massive shifts.
Most importantly, learn and never stop learning! Read what is relevant to you and ask a million questions. You will be amazed at what you can pick up and how every tiny thing will change your business. You can absolutely do this!