When selling a property do you go for that quick nickel and flip for cash to solve a short-termed money problem or are you after the slow dime to create long-term wealth?
In today’s Round Table discussion, you are going to hear the argument for both sides.
In the past Mark has made it known that flipping for cash is one of his biggest regrets when he first started out. So, when he recently ran across a survey in a real estate group on Facebook pertaining to cash vs. terms and the majority of the vote was for cash, his frustration took over.
Today, Mark challenges the team to poke holes in his argument and asks them, why on earth would you ever take cash?
Mark’s passion on the subject becomes quite evident in today’s show as he makes a strong argument for terms in order to create long-term wealth and against flips that only create another J.O.B.
as Team Land Geek gets into a weighty discussion over this topic. Can the they come to a happy medium or is the room left divided?
Plus, we leave you with a little food for thought—how long would it take you to save up $3 million, doing what you are doing?