2.5 • 884 Ratings
🗓️ 12 September 2024
⏱️ 56 minutes
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0:00.0 | Buying properties that cash flow doesn't really work anymore. |
0:04.0 | So what would be a better investment? |
0:07.0 | I would say maybe buying businesses. |
0:10.0 | So that means buying an active business and then fixing it up and then rather selling it so flipping it or keeping it just for the cash flow. |
0:20.0 | So today I have someone on the podcast that actually has partnered with Pace Morby and he runs the operation side of their buying business business. |
0:30.0 | Cody, how are you? |
0:31.0 | Dude, doing good. |
0:33.0 | Happy to be here, man. |
0:34.0 | Yeah, excited to have you on the podcast. |
0:36.0 | It's been a while. |
0:37.0 | It has, it has. |
0:38.0 | So why do you think buying businesses is better than buying real estate? |
0:45.6 | So I think, you know, in the investment world in general, right? |
0:49.9 | Like, I think there's a lot of people that, know say it's like buy real estate and people |
0:54.6 | could wrap their head around like okay I could buy a single family home because maybe |
0:58.0 | they've bought their own primary residence before and they could like they could wrap their head |
1:01.5 | around maybe like buying you know a property and you know I think |
1:05.6 | where sometimes people get when they think about buying a business like oh my gosh I've never ran a business or like what I don't even |
1:10.8 | know what the heck how do I even start and like what does that look like and so |
1:15.6 | you know when when we're looking at like between the assets of like real estate versus business |
1:21.2 | yeah like obviously you and I know this from owning lots of rentals |
1:25.6 | or Airbnbs and other types of real estate assets and you know really you don't see the |
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