Money People Deal. Stefan Aarnio

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Money People Deal - Stefan Aarnio

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Trading and Cash vs. Cash Flow

       161

       Chapter 29

       : Why Morons Get Rich and

       Geniuses Die Broke: The Six Profit Centers of Real Estate

       165

       Chapter 30:

       What Recession? How to Become Recession-Proof

       171

       Chapter 31

       : Speed: Why Fast Wins and

       Slow Loses in the Market

       176

       Chapter 32

       : Coca-Cola vs. Drug Dealers: Pay Everybody

       181

       Chapter 33

       : No-Risk Profits: Know Your Audience

       and Give Them What They Want

       185

       Chapter 34:

       Why Flippers Are Losers and the 15 Percent Rule.

       189

       Chapter 35

       : Cash Flow Does Not Equal Profit

       193

       Chapter 36

       : Singles vs. Home Runs

       197

       Chapter 37:

       The $1,000 Hot Dog and the Genius Behind It

       201

       Final Thoughts

       204

       About the Author

       205

       Exclusive Bonuses

       206

      11

      Foreword

      For centuries, entrepreneurs have taken resources from different sources and have assembled them to create higher value. Great entrepreneurs like Steve Jobs, Henry Ford, and Donald Trump have all understood very clearly how to assemble Money, People, and Deals together. The intellectual value that these men brought to their ventures was so great that they built their businesses by using none of their own money; this is the skill of the entrepreneur and the fastest way to wealth.

      Stefan Aarnio has the makings of a great entrepreneur. I met Stefan in July 2012 at a conference in Winnipeg, Manitoba. I could see that Stefan had achieved a great deal of success in real estate in a short period of time. After speaking with Stefan, I was impressed to hear that he had built his business exclusively with real estate joint ventures and that he, like great entrepreneurs before him, understood how to assemble Money, People, and Deals together for profit. I later learned that my initial impression of Stefan was correct because in November of the same year, Canadian Real Estate Wealth magazine recognized Stefan as 2012’s Joint Venture Partner of the Year!

      Having completed over 1,100 real estate deals in my lifetime, I know what it takes to be a successful real estate investor. Success in real estate requires a full understanding of the fundamentals, a winning mind-set and a timely execution of action. Stefan has captured all of the above in Money People Deal, and I am very pleased to be a part of this body of work.

      If you are looking to create wealth in real estate, in the fastest way possible, you are in good hands. I wish you the greatest success on your journey!

      Raymond Aaron

      New York Times

      Best-Selling Author

      Real Estate Investor

      13

      Acknowledgments

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