Chris PrefontaineSerious about making money in the real estate investment business? Free Webinar - REGISTER BELOW!, Smart Real Estate Coach · Chairman, Founder, 4x Best-Selling Author of "Real Estate On Your Terms," Forbes Business Council Member, 3x Inc 5000 Honoree, Global Rank TOP 0.5% Podcast Host

Do You Need Cash Flow? #shorts

12 Apr 2024 · 1 min

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In this short personal‑finance monologue, the speaker outlines a practical framework for ensuring sufficient cash flow to support one’s lifestyle. He begins by recommending a review of personal spending habits to spot wasteful expenses. Next, he advises evaluating the performance of current investments, focusing on assets that are under‑performing or locked in. Finally, he suggests pivoting capital from flat or stagnant investments—those that have shown little growth over three to five years—into higher‑performing opportunities, thereby improving cash flow.

So I need cash flow to support my lifestyle. So these are the things that I look at. So from the top, I would look at my spending habits. I would identify any waste. I would look at my investments. How are they performing? Things that are not performing, that are where I'm not locked in. I would look at how can I pivot? What and why would I pivot? Well, I'm going to look at other opportunities that are out there. If I have something that's been flat for the last 3, 4, or 5 years, and if I can pull that capital and get it working into something else that might be higher performing, I'm going to look at that.