This week we are going to have a conversation about how to make that first $100 in recurring revenue. You might be wondering why I picked such a “low” number considering that for many, the magic number to escape the rat race seems to be $10k a month.

As you can imagine, it takes lots of $100 bills to make $10,000, in fact, it takes one hundred of them every month to add up to $10,000. That sure sounds like a bunch of work, doesn’t it?

Here’s the good news, you don’t need anywhere near 100 doors or properties to escape the rat race.

Too much focus on “scaling” can be a recipe for disaster. Instead, let’s get focused on a small win to gain proof of concept.

First, focus on learning what the realistic rent amount is for a property based on its current condition.

Not in rentable condition? Then you can’t pay a price that reflects it being in a rent-ready state.

How to do the math on this? Listen in to this episode to learn more on how to quickly break down the deal to determine a Go/NoGo

209 - Why The First $100 Matters