Quantum leaps in your income part 2

We continue with the second part of the post on how to make a quantum leap in your income.

I have already learned that you forget most of the bad expenses and dedicate your salary in full to the investment.

It will lead you to look for more sources of assets, it takes you to use your time in a better way, to realize how much you have lost by wasting those moments in front of a television or social network without being benefited. It leads you to use a correct way the Internet to see educational videos and to look for business, practically the internet will be a little money machine.

The second thing is to acquire good debt. I personally believe that banks are very helpful, many people are afraid of them, because they invest badly and are left with no possibility of paying due to their excessive expenses.

But if you allocate a credit issued by the bank to share a house which you will not rent or repair in order to sell it again at a higher price, you will end up paying the credit plus the terrible interest and you will hardly see a profit in the short term. You will be trapped for at least 10 to 20 years working alone for the bank, on the contrary something I have done is to buy cheap houses, rent them and divide them into small apartments for students or singles and let the credit be paid only.

Another quick way that I am beginning to do is to buy houses with debts, already in auction by the municipalities or without without finishes, then they are repaired, they finish and they are sold, you have to know how to negotiate with the owners and maximize the profit in this way.

The third advice is

Reinvest, reinvest and reinvest.

This counselor will leave it in the following post.