WS525: Catch-ups and Coronavirus Updates with Gary Lipsky
As we head into increasingly uncertain times, it is important to have financial contingency plans for investment properties. There are numerous ways to conserve cash, from only doing essential renovations to delaying investor payments. Our guest today, Gary Lipsky, joins us to talk about how he has been preparing for the consequences of the coronavirus pandemic. We kick off the episode by following up on some of the deals Gary had underway during his last appearance on the show. We find out the incredible profit they have managed to achieve and how they convinced investors to sell after holding the property for less than a year! Gary also walks us through a deal they are best in final on and how that’s going.