April 9th, 2017 7:45 PM by Nour Ailan
First, Other People’s TimeYou probably already buy other people’s time, such as accountants and lawyers. This is another form of leverage. Because they save you time – freeing you up to make more money doing the things you do best – they ultimately make you money.
Second, Other People’s WorkThere’s no sense in trying to reinvent the wheel. Instead, use resources such as mentors, books, seminars, blogs, videos and podcasts to learn from other people’s experiences and leverage that knowledge to make smart investments.
4. Other People’s IdeasAs you take those experiences from others, look for proven methods that can be replicated. That’s exactly what my company Cash Flow Savvy offers busy professionals
5. Scalable Production and DistributionAnother type of leverage exists when you can scale production and distribution. With real estate investments you’re not looking to scale distribution, but you can scale production in a sense.
6. Scalable Customer BaseA scalable customer base, isn’t a type of leverage you’d use in real estate investing if you’re focused on rental properties, but you might if you were flipping. That’s not something we discuss much here, but it’s an important consideration.
7. Other People’s MoneyThis is the form of leverage you’re probably the most familiar with. Let’s say you have $80,000 in cash that you’d like to invest in real estate.
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