Instead of cutting small, daily expenses, individuals should identify and negotiate a few large-scale expenses to make a meaningful financial impact.

“I'd rather find the three to five big wins negotiate those and then think of other things I can do for my money”

Real estate investors should negotiate closing costs and seek out various state, local, or business-provided assistance programs.

“Most investors obsess over finding their next property. They renovate, they increase rents, but they're bleeding thousands of dollars every year on expenses they honestly just don't need to pay.”

Investors should regularly negotiate with sellers to get credits or discounts, as sellers are often willing to accommodate these requests in the current market.

“We're in a market right now where sellers are much more willing to give a little bit more to the buyers because there's less seller activity in a lot of markets and so people want to capitalize on the opportunity they have when somebody's interested in their property.”