By Bill Swad Sr.
Discover the nice paths approximately how you can develop into Millionaire.
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Additional resources for Bill Swad's Wealth Building Strategies
Chapter 5 CLOSING THE DEAL Chapter 6 ITS YOUR TURN TO PROSPER! Chapter 7 "BUY HERE -PAY HERE" BONANZA Chapter 8 71 MONEY MAKING IDEAS 1 YOUR GREATEST POTENTIAL FOR WEALTH When I started a used car business in April, 1957, I never really thought about becoming a millionaire. " I thought that millionaires were "born," not made. Not in my wildest dreams could I see building one of the nation's largest automotive empires with sales exceeding $400 million in a single year. No one gave me the information you are about to read.
Why pay a carpenter $30 for something you can fix with a screwdriver in 20 minutes? Also, try to make repairs between tenants—and do them quickly since time is money. If a contractor is needed for major repairs, get two or three bonded contractors to make a bid with a firm price— and a definite completion date. If you have several units, you can save a lot of money by having all the interiors painted with the same color water-based wall paint. That way, between renters, the touch-up can be done quickly.
If you've ever walked past a 60-story bank building in a major city and wondered who paid for it, take a look in the mirror. 22 more per month—and you'd save $59,022 over the reduced life of the mortgage. When you consider the difference, you wonder why so few people choose this route. For just a $2 per day difference you can reduce the payoff time from 30 to 20 years. How much extra would you need each month to pay it off in just 15 years? 93 If you can afford a seventy thousand dollar house, you should be able to put together the extra money to produce that kind of savings—and avoid 15 years of mortgage payments.
Bill Swad's Wealth Building Strategies by Bill Swad Sr.