She Made $20,000,000 With Carwashes By Doing THIS
Published: 2022-12-18
Status:
Available
|
Analyzed
Published: 2022-12-18
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The speaker has grown their real estate portfolio to 135 units.
"you used to be in real estate yes you started with one unit then you got up to how many uh about a I'm at 135 right now 135 units"
Pending
There is a significant ongoing need for individuals to acquire businesses from retiring or otherwise incapacitated owners across the country.
"there are people all over this country right now that need you to buy their businesses they need to retire because of sickness or because their job got moved or because they're so tired they just can't come in and run this anymore or they're getting older"
Pending
Car washes and laundromats can generate higher gross monthly income ($8,500) than ten single-family rental properties, with potentially fewer headaches.
"if this business can make 8 500 a month gross not net why am I buying only dumpy little single-family detached houses when I could buy one of these and make more money than 10 houses"
Pending
As business owners become wealthier, they tend to outsource more tasks, leading to greater efficiency.
"The wealthier they are farther way away they Outsource those things I think it just depends probably way more efficient"
Pending
The speaker is actively shifting their investment focus from smaller, less profitable assets to more profitable ones.
"I'm transitioning from some of my smaller less profitable properties to more profitable ones"
Pending
The speaker aims to achieve million-dollar transaction values for their real estate deals in the near future.
"at some point in the very near future I'd like those to be million dollar checks"
Pending
The speaker lost approximately 70 pounds before gaining significant traction on YouTube.
"before I went viral on YouTube I weighed about 70 pounds more"
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Cody Sanchez is a general partner in 20 to 30 car wash businesses.
"she is the general partner on something like 20 or 30 car washes"
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A strategy was employed to secure seller financing for a significant portion ($70,000 of $85,000) of a car wash investment.
"how do we get a seller to agree to finance us seventy thousand dollars on an eighty five thousand dollar investment"
Pending
A distressed car wash business, on the market for a year with no income, was acquired with only $15,000 down, with the seller financing the rest.
"this had set on the market empty with no money coming in whatsoever for about a year at month 12 he said tell you what you come up with thirty thousand dollars I'll Finance it for you and I said how about 15."
Pending
Willingness to walk away from a deal significantly increases negotiation power.
"if you're willing to walk away from something you've got a lot more power"
Pending
The speaker plans to shift towards funding and assisting others in acquiring businesses and becoming a general partner to facilitate their growth.
"I need to be going out and funding and helping these people get deals becoming a general partner helping other people build their business"
Pending
For the current year, real estate has been the primary income source, followed by social media and then car washes.
"still this year real estate was my number one income producer social media was second with the car wash being close third behind"
Pending
More content focused on laundromats is planned for release soon.
"be on the watch out for the next video we've got a lot of really great laundromat content coming up soon"
Pending