| result for each
Function.
____Function____ _M_ _E_ _A_ _T_ _Total_
Painting (full) _2_ _5_ _5_ _6_ __18__
Kitchen Redo _7_ _4_ _3_ _6_ __20__
Bath Redo _6_ _6_ _3_ _4_ __18__
Landscaping (full) _4_ _6_ _4_ _4_ __18__
Painting (LAZY) _1_ _2_ _4_ _3_ __10__
Landscaping (LAZY) _2_ _2_ _4_ _3_ __11__
You can see from these figures, the appreciation factor of
the customer is often the same - whether you put lots of
time, effort and money into this real estate investment or
not.
The reasons for this are as varied as the people looking at
any given house, but how many times have you heard of people
going into a house - just after it was fully 'rehabbed' and
they turned right around and put the paint they liked
throughout the place?
So, why did you waste your M.E.A.T. on doing it yourself?
Because you thought it would be prettier?
That you would get more money from it?
Because you think that's what real estate investing is all
about?
I challenge you to think about this - every time you get
involved in any real estate investment...
Just how much more M.E.A.T. did you really get from your
real estate investment - your total return? The cash you got
was more - maybe - but so was the WORK.
You can sell houses just like you get them - and get 90% or
more of the price you will after all that effort, even
without ever seeing the place!
When you use the LAZY way, you put very little extra into
any given real estate investment, but raise that return by
another 5% (which |
