A small simple list to prepare for an upcoming economic crises 🦁
Real estate in a crisis economy
- Be Certain of numbers
- Stay away from long rehabs
- Back up plans
- Avoid thin deals (Want good profit margin)
- Avoid leverage at all cost
- Stay away from the high end market
What I’m doing to Prepare
- moving some assets to cash
- Open credit lines
- Build credit
- Assume the worst
- Restructure short term debt
- If you see markets turning cuts your losses (Don’t chase the market down)
4 buckets (Dump You profits in [25% each] ) - Extra cash reserves - Real estate holdings - Retirement - Business that other people run
Goals to make for yourself - leverage , hire someone to do things you don’t enjoy - Security wealth - Net worth - Marriage - Legacy - Help 10 people become millionaires - Donate back to the community certain number per year
Stay ahead of the herd follow my journey!
You can check me out on IG - @Tash_Lion You can witness my routine on SnapChat - @ironlion93
Get involved with our training and meal plans @ Iron Lion’s Discord Channel https://discord.gg/BDAFt4u