A small simple list to prepare for an upcoming economic crises 🦁
Real estate in a crisis economy
- Be Certain of numbers
- Stay away from long rehabs
- Back up plans
- Avoid thin deals (Want good profit margin)
- Avoid leverage at all cost
- Stay away from the high end market
What I’m doing to Prepare
- moving some assets to cash
- Open credit lines
- Build credit
- Assume the worst
- Restructure short term debt
- If you see markets turning cuts your losses (Don’t chase the market down)
4 buckets (Dump You profits in [25% each] )
- Extra cash reserves
- Real estate holdings
- Retirement
- Business that other people run
Goals to make for yourself
- leverage , hire someone to do things you don’t enjoy
- Security wealth
- Net worth
- Marriage
- Legacy
- Help 10 people become millionaires
- Donate back to the community certain number per year
Stay ahead of the herd follow my journey!
You can check me out on IG - @Tash_Lion
You can witness my routine on SnapChat - @ironlion93
Get involved with our training and meal plans @ Iron Lion’s Discord Channel
https://discord.gg/BDAFt4u
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by cryptotash101 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.