Codie SanchezFounder @ Contrarian Thinking

THIS Is Better Than Buying Real Estate #shorts

9 May 2023 · 0 min

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0:29

Codie Sanchez argues that buying businesses can be more profitable than buying real estate, especially if real estate markets are uncertain. She uses a personal example: she purchased a laundromat for $100,000 which generated $67,000 in profit (annual). The clip encourages looking for businesses that offset your revenue and highlights deal opportunities.

Questions this video answers

$100,000

$67,000

How many of you guys make $67,000 off of one house you buy for 100k a year? Yeah. Not that many, huh? And this is why I like buying businesses. Because in a world where real estate maybe isn't at the bottom of the trough yet, you want to. Wait a minute. You buy businesses that offset your revenue. There are deals all around. One of the first businesses I talked about publicly on the Internet was a laundromat I bought for $100,000. It did $67,000 in profit.