Okay, maybe I was a little hard on you guys and gals the other day when I exploded. I would say "sorry" except that I meant every word to the offenders who were guilty as charged.
To be perfectly clear, I obviously (and I was hoping you would have gotten this part)wasn't targeting those of you who are nice and respectful, which -- I might add -- accounts for significant portion of my students. But I do appreciate those of you who were sweet enough to call Rose and say that you were sorry...even though you weren't the offenders I was talking about. (Never apologize for something somebody else did! Nice gesture, though!)
So...as the week grinds on (and ends soon), I feel like I'm recessing deeper and deeper into the throes of the Twilight Zone.
For one, the government has been spraying like a mad dog in the desert skies above where I live. I notice that each time they do this, the Midwest gets a major weather ass-beating. I'm guessing that all this spraying is a weak attempt to try to control the weather while probably killing us in the meantime.
And then there are the dummies who call themselves the "upper-middle" class who all think it's July 23rd today.
Yes, you read that correctly. They think it's freaking July 23rd.
After my daughter's bullying incident with that little snot-head, Jake, I now sign in every morning and walk her to her class at school. When I signed in this morning, about 8 other parents had already signed in, copying was Dopey Parent #1 put in for today's date as being 07-23-2014. So the rest of the dummies signed in copying the same date underneath until I came in as Parent #9 writing down the REAL date of 10-23-2014.
I swear, it's unbelievable how people get through the world in this day and age because almost no one has their head screwed on...at all!
Must be all the spraying in the sky that they're doing. It's starting to diminish everyone's brain cell counts around here without them being none the wiser.
I mean 07/23/2014. Really?! Is everyone that way off? Last I remember, my daughter wasn't even school that entire month.
In the midst of dealing with all this, I got some really good news this morning. My investor-partner from Texas said he'll up his "money pot" a little bit from the $9 million. I'm trying to push him to an even $10 million but I don't know if he'll do it. So, it's just in the middle, between the $9 million and $10 million mark.
And in case you have no idea what I'm talking about, I have an investor-partner who started hitting me up for properties a short time back and I convinced him that the best route to take would be to work with my students...give them an opportunity to bring him investor-partnership deals where he will offer anywhere from a 25% to a 50% gained equity and monthly cash flow split, depending on the property and how much you have a hand in the management.
This is a great way for you to get your foot in the door if you're trying to get into the business as a passive income real estate investor with no cash and no credit.
So, how is this $9 million (and counting) dispersed?
It's to be used as down payment funds. So, if a student brings him a building that's $3 million, typically there is a 20% down payment requirement so $600,000 of the "pot" would then be used on the deal.
And this goes on and on until the $9 million + is tapped out.
All of this will be explained at the seminar event.
Again, for those of you who do not attend both days, you cannot participate in this opportunity. No exceptions this time.
Some of you remember two years ago when I brought my students the $25 million opportunity for the SFR REO property deals. A total of 19 students participated and a handful of them became multi-millionaires because of the opportunity.
This deal is a tad different because we're working with multifamily properties (and not residential homes), the properties have to have an occupancy (and cannot be abandoned/vacant buildings), and they have to be in reasonably good shape. Cosmetic rehab is okay but no "gut-to-the-studs" rehab.
This means that the $9 million will actually go a much longer way than the $25 million.
How do I figure?
Because the $9 million is a 20% down payment (not including due diligence, closing costs, or rehab funds). This means we can purchase $45 million in property with this money.
And that's even better than the $25 million deal! (I kept telling you that it's better!)
Unlike the $25 million deal where I allowed some students (from mentorship groups, etc.) to participate in this deal, the $9 million deal is for only those who attend my 2-day Detroit event on November 24th and 15th
If you didn't register yet, you can still get a kick-ass pricing deal. Pricing will go up at the close of business on Halloween next Friday. And it will go up in a major way!
It seems that I always tell you about the great things about buying and owning passive income real estate, especially the monthly cash flow that just keeps growing and getting bigger as the years drone on (due to increased cost of living).
But...what about the bad stuff that can happen? How come I never talk about that?
Well, good thing you brought that up because that's what I'm about to do now. I'm going to share with you a real life property horror story that actually happened to me a few short years ago and what I did to get out of the situation. Some things, of course, can't be circumvented at all and you can chalk that up to taking a risk in this big thing we're all participating in called "life." Most things, however, can be rectified if you think creatively enough.
Here's one such thing that couldn't be circumvented...at least for me. But I'll tell you what I ended up doing in order to distance myself from this "problem child" property as fast as I could.
Years ago I had a property in a seedy area of what I like to refer to as the ghetto because...well, that's where it was. Deep in the heart of the ghetto in a low D-class property.
By the way, not to stop the story midstream or anything but I should mention as progressive lesson here that there are "good" class D properties and "bad" class D properties. Here's my own personal invented scale as such:
Class D- = war zone, burned out buildings, and drive-by shootings every hour; this would be an area to avoid at all costs!
Class D = on the border of the war zone described above but "leaning" toward the "better" areas...still an area to avoid because the bad parts of the ghetto will bleed into this area, giving you more of a headache than it's worth.
Class D+ = obviously if you're going to do a class D property, this is what you're aiming for. These are considered high risk to other investors because they can switch to a regular (or D-) at any time but they can be incredibly profitable. These would be your "up and coming" areas where a lot of investors come in and, as a comrade effort, try to redevelop certain blocks or areas. They could, at some point, be reclassified as a class C which, of course, would greatly benefit you financially.
Class D, I should mention, is an unofficial class but any real estate broker or agent you talk to knows full well what "class D" means so...I guess it really is a "real" class if you think about it.
Anyway, this property we're speaking of was a small building of only 6 units. It was the second to the last building on a corner in a quint neighborhood fitting your "regular" class D description above but bordering on Class C which was literally one block over.
Unfortunately, after purchasing the property, doing minor rehab, and curing the vacancies in 2 of the 6 units, there was a shooting right on the corner next to where this building was situated. All 6 of the tenants in the building had vacated the property in less than 6 months after because, unfortunately, it wasn't just a shooting but someone involved in the shooting bled to death on that very corner right next to a stop sign situated there.
What an inexperienced investor would have done would have been to throw their hands up and walk away, crying in their beer at a local bar over how life is unfair (probably while the local residents were stripping out the building at the very same time).
However, being a little more experienced than that I realize that sometimes sh** happens and you have to keep moving forward, right?
I have no control over what happens and I'll be damned if I never take a risk doing anything otherwise I'd never get anywhere in life. I refused to lose on this deal.
So, I took quick, swift action to refill the building. I offered 2 fr*ee months to new tenants coming in, no credit check, income verification with 2 months worth of paycheck stubs, and a security deposit that reflected only half of one month's rent. I filled all 6 units in a week and a half.
Next, I put the property up for sale using proforma numbers (like everybody else does). I didn't throw it up for sale at some ridiculous low ball price otherwise investors get suspicious. Instead, I put it up for sale for just under double what it would normally sell for. (Take note, this is reverse psychology.) I didn't honestly think I'd sell it for that but I absolutely refused to lead anyone to ask the question, "This property is cheap so...what'swrong with it then?"
And nobody asked that question.
Within 2 months, the property was under contract. A man in Texas wanted to buy it. And holy sh**...he gave me my exact asking price. Go figure!
What was that price? $195,000! And the property (with rent-paying tenants at full occupancy) was maybe worth $100,000 tops! (By the way, I paid $73,500 for this same property. I put $20,000 into it. I actually made $101,500 in profits on this deal in a total period of 10 months. Not bad!)
What's the lesson here for you?
1) You can't not take a risk because of what may happen because you never know. This property was at a border C/D class area and these types of murders/shootings usually don't happen here. If you think about it, people can get killed in Beverly Hills or Malibu, too. Unless you have a crystal ball, you never know what can happen and where it can happen. After doing the best risk/reward ratio you can do, go for it otherwise you'll be exactly where you are now in 5 or 10 years from now. And we don't want that, do we?
2) Don't be an out-of-state investor without doing some type of due diligence on a property including (1) what did the seller pay for the property? (2) when did the seller buy the property? (3) what is the "seasoning" of the tenants (or how long have they lived on the property)? (4) what are the "comps" of recent sales in the area per unit/door? and (5) what does the recent crime report in the neighborhood look like by simply calling the local police department? It's okay to be an out-of-state investor but get to know your area really well (and you can do this by never leaving your house in your own area). Know what you should be paying per door and what you shouldn't be paying per door. Get to know how much rent is for each type of unit in a unit mix. Get to know how bad it is by getting a crime report. Find out how "gritty" of an area you can go and where it gets so bad that it becomes off limits.
3) Realize that sometimes your exit strategy may change midstream. And that's okay. You may have had plans to do the buy-and-hold plan with a property and then you realize sometime after you rehabbed it and filled up the units that, perhaps, it's gained a considerable enough equity that you'd rather resell it to get the money out for a larger property. And this is completely okay. Just don't sell the property and blow the money. Keep investing!
4) Understand that sometimes stuff will happen with a property. That's just how it goes with property ownership. But the better you do with due diligence before you purchase your property will determine how bad things will be post-escrow for you. For example, if you're too cheap to hire a property inspector for a thousand bucks or two, don't be surprised if your interior walls are ridden with black mold that has to be specially remediated, costing tens of thousands of dollars. (By the way, this would have been something you would have been able to have to seller pay for if you caught it in the due diligence period during escrow.)
As far as investments go, in comparison to everything else out there, you can't beat passive income real estate. You just can't. This is why your wealthiest of wealthy all own real estate. They're not doing it to keep up with the Jones' or to have something to talk about at cocktail parties. It's because, hands down, it's the best way to attain and retain wealth.
And if multi-millionaires are doing it, it simply means it's a viable kick-ass opportunity that is making a lot of people very wealthy. (Last time I checked, nobody was getting rich stuffing envelopes or signing up for a network marketing opportunity. I'm just saying...maybe you need to ask yourself if real multi-millionaires are getting rich doing whatever opportunity you're looking at to figure out if it's worth you doing or not!)
One thing I have to offer you is the opportunity to not only discover how to do all this (and directly from people who are successful doing it) but to offer you the opportunity to connect with the people who can fund your deals for you. Without OPM (other people's money), getting involved in real estate becomes impossible to do.
But I have those money connections for you...
Here's where: Detroit, Michigan
Here's when: November 14th & 15th
Here's more information on this event:
http://www.monicamain.com/underground_secret_event_in_detroit
If you have any questions, give us a call at (661) 295-5050.
I try not to go out much in public anymore because when I do, I'm more and more convinced of the theory that we're "dumbing down" here in America.
Like today, for instance. A guy almost backed into my 6-year-old as we were walking through the parking lot. And we were in the middle of a parking space so...if there was a car where we were standing, he would have backed right into it, taking out at least half of his cheap POS vehicle in the process. Apparently he either doesn't know how to use his rear view mirror, is too lazy to look over his shoulder like they teach you in driver's ed, or is just a mentally challenged individual who mistakenly got a driver's license from the DMV from one of the many mentally stupid people who work there.
And how old was this guy? After all, you're probably thinking that maybe he was 101 years old, right?
Nope. Not the case. The guy was probably around 27 or so. No excuse there.
The excuse, if there is one, is just plain stupidity or what they refer to as the "dumbing down of America."
And if you're not sure what I'm talking about, go to a Walgreen's just about anywhere in the country and try to talk to just about anyone who works there and you'll see what I mean. Still not convinced? Then go to a Wal-Mart, repeat my instructions above, then you shouldn't be confused anymore as to what I'm talking about.
And if you work at a Walgreen's or a Wal-Mart, I'm sorry. Actually, no, I'm not sorry. Not at all. Because at this phase in your life, you should be somewhere else, especially if you've been listening to me for any length of time.
My dad had a theory years ago as to why all these dummies are coming to the surface and becoming more obvious as the rest of have to try even harder to navigate through an already difficult life without extra dopes as being obstacles. He said that since our American factories and lower-level jobs have been transferred overseas, a lot of these "assembly-line-worker-mentalities" have come out of the woodwork to enter the face of retail and other jobs where they're routinely seen by the public.
I'm not sure if I really agree with his theory. I think segments of people through the ages have been stupid on one level or another with or without the Industrial Age coming and then quickly going. I think the "dumbing down" has to do with a variety of different factors including the sense of American entitlement, lazy youth, too much technology and stimulus, less physical activity, no "alone" or quiet time to think...and then the "government conspiracy" factors including stuff "they" are putting in our food (including the invention of GMOs), crap they're spraying in the sky (look up "chem trails") to alter the weather, viruses and diseases "they" poison us with in shots to get rid of certain parts of the population, refusal to embrace green energy in lieu of fossil fuels which are killing us, etc.
On the topic of "chem trails," not but about three weeks ago my daughter points to this cloud in the sky as we were walking home from school. She says, "Look at that cloud." And I look at the cloud thinking, so f****** what?! I'm like, "Yeah, a cloud. Great." She said, "No, mommy, look at the cloud. It's weird."
I focused on the cloud. And yes, it was weird. The cloud, at an immediate glance, looked like a healthy ultra-white fluffy cloud. But when I looked closer, it had this misty congealing movement within the cloud like it was made of a fast-moving gas or something. It quickly started getting smaller. Within a total of 3 minutes, it went from this over-sized super-large fluffy puffy cloud to completely gone. Yes, it wascompletely freaking gone from the sky! And there were several others I could see farther away that were doing the same thing.
A neighbor asked us what we were looking at and I told him that they have new "chem trails" now in the form of disappearing clouds. I said that the government is spraying some crap in the sky and that they're probably trying to kill us. He shrugged his shoulders and said, "Probably." Then he walked away.
Apparently none of this bothers anyone. I guess nobody should get all riled up over something they can't do anything about. Still, shouldn't people be even remotely concerned about what is going on here?
I think all of this together is part of why people are getting so stupid. Plus, if you think about it, the government has no use for Rebel Rousers, people who buck the system, or God forbid...anyone who can think for themselves! They just don't want that.
What alarms me is that nobody seems to care what's going on. Is it because you feel helpless to rage against the machine?
I don't blame you. But there are some things you can do to claim some of your power back.
First of all, keep close tabs on your diet. What are you consuming? What are you drinking? Unfortunately the hormones and pesticides in our food supply (namely meat and poultry products) isn't doing you a damn bit of good, especially in the brain department. What about GMOs? Lots of problems there. Look it up if you don't know what I'm talking about.
You can't really control the air you breathe unless you plan on toting around an oxygen tank attached to the mask on your head. So, you're screwed there. But maybe that annual flu shot isn't really as necessary as you think it is. (I'm just saying...)
You can limit the amount of time you waste watching television and on Facebookand reading the 1,562 comments on the latest Kanye-Kardashian Yahoo! article. (I know, I'm guilty of that, too!) All of this is a mindless distraction will do nothing but whittle your valuable hours away. And that's the only resource we all start out with:time. If you haven't noticed, we get less and less of this "time" as the days droll on.
You can put together a solid action plan in bite-size action steps that you can work on everyday. The plan has to be something that excites you where you can easily see the end-goal in your mind's eye.
I think the other thing that throws people is that they believe attaining success is difficult. I can tell you from first-hand experience that getting success isn't hard. Keeping success...well, that's another story. But making that million dollars...easy. Getting the property deal...easy. Starting a successful home-based business...easy.
Keeping it all in tact for any length of time...hard. Very hard! This is the part that requires you to keep your energy levels and focus very high at all times. And that becomes just downright near impossible. (This is why a lot of millionaires go through financial turbulence here and there; this is because the energy and focus required to keep it all together over the course of long period of time is difficult.)
Attaining success of any kind just a matter of steps and, most importantly,following the steps.
And the good news about building a Passive Income Empire is that, when your energy and focus go down (or you just need a break), your income keeps coming innomatterwhat. If all you have is an Aggressive Income Empire, the moment your focus and energy sink, so does your business. And in cases where there is a severe energy drain such as a divorce, the business typically goes down the tubes, too. Not the case with Passive Income. It stays intact during the ebbs and flows of your levels of energy and focus.
Building a Passive Income Empire is what I'll be talking about in Detroit on November 14th and 15th. But there's a key reason why I'm having this event in Detroit and it has to do with the money people I'm bringing in. Click here for more details.
And these are the people that you'll need to connect with if you want money for your deals.
As you know, real estate is completely and totally an OPM (other people's money) business. Without OPM, you fail in real estate investing. And without real estate, you don't build your ideal Passive Income Empire.
I'm bringing in some people that can change your life when it comes to getting funding for your deals. You'll also have access to the 100% LTV program and, no, this isn't about "deferred" transactional funding. It's a special investor-partner program by a firm based on the east coast. And they can't wait to see what kind of deals you have!
If you don't have any deals, don't worry about it. Just come to make the connections because without getting funding, your real estate business will stall. Even with my 100% LTV Strategy (that I'll be showing you at the event), you'll eventually have to get funding for that deal and it's never too early to start making the right connections including contacts with bankers, lenders, brokers, and money people.
Since this is an Underground Secret Event, I'm not at liberty to tell you all the details about who will be there and everything that will be talked about including the special Investment Opportunity that will blow your mind (and is only for those who attend the event).
The basement-bottom pricing deal on this event ends this week. Here's the link:
We're going through a couple of eclipses this month. Since my mom touted herself as an amateur astrologer, I grew up with all this astrological knowledge being thrown my way from sun signs, rising signs, conjunctions, trines, and a bunch of other stuff I still don't understand.
Astrology is a give or take kind of thing with me. Sometimes some of the stuff seems relevant and other times it doesn't. I'm not sure it's a good idea to completely revolve your schedule around astrological dates and happenings as any astrologer will dole them out to you.
But...
One significantthing I did notice this year were the eclipses that took place in April, most notably the one on April 15th. No, I didn't go outside to watch it or anything but I did notice the events that unfolded after that date.
This was the time when I had that major verbal explosion with my former employee Jeanine. It happened the day after the eclipse. And that was the day I decided I wanted to close everything down. And it was also when I asked Lea what she wanted to do, in which case she told me she wanted to retire (or get away from me). This was all finalized with her by the end of the month when our second April eclipse hit.
So...they (the astrologers) said that this October eclipse from yesterday was supposed to tie into what happened on April 15th.
And I cringed like you couldn't believe because I just situated myself here in my new office/warehouse, I seem to be reasonable content/happy, and I didn't want to bring back those old feelings of wanting to lock the doors and walk away.
Yet that's exactly what happened yesterday!
A couple of weeks ago a scumbag trailer-park trash bitch who worked for me for a total of 6 weeks (if that long) decided that she wanted to fake a "ladder" fall (which was actually off a 2-foot step stool) for a bogus worker's compensation claim. And it's been nothing but problems with her up until today when she got her last check. I smudged the hell out of my office just to get her bad energy out of here, once and for all.
Then the other day, the LA County Tax Assessor shows up at my door to "assess" my office and warehouse so they can tax me on the stuff I bought and already paid taxes on WHEN I bought the sh** years ago! In fact, I'm supposed to pay LA County taxes on my office furniture, shelving, equipment and computers EACH YEAR for...forever, I guess. Usually they send me a form in the mail with an area for itemization of my furniture and computers, in which case I tell them that I have 5 things in my office and each were purchased at a garage sale for $5 each, thus giving my "total value" of office desks and equipment at $25, paying taxes on a small fraction of that. I guess they found that too many people were doing that, hence the need for the door-to-door "assessment." Broke ass California! What's next?
Top that off yesterday with one of my employees telling me that she doesn't have time to do data entry because she's "swamped" yet she's asking another employee if she can help her stuff envelopes because she's bored and has nothing to do. WTF? Am I in the freaking Twilight Zone here??
And then this tops it off and this is really gross: today one of my employees is having her menstrual cycle so she bleeds all over the floor in the bathroom, and doesn't clean it up. I know...puke! Right? And this just happened a few hours ago!
So here I am in the exact same boat I was on April 16th...wondering, "What the f*** am I still doing here? Why do I keep torturing myself in this way?"
Maybe there is something to this eclipse thing.
I realize I screwed up. I should have stayed in my old office/warehouse until the end of the lease period (December 31st) then told everybody to kick rocks while I simply focused on my real estate investing, doing nothing else. I would have kept on track for my "end" date that I initially planned.
Now I'm on the hook until June 30th.
What was I thinking??
Well, just a 6-month miscalculation, that's all. Nothing life altering. But I'm still kicking myself in the ass for making that miscalculations because I hate screwing up. Don't you?
Do me a favor: if I don't follow through with shutting this bitch down by July 2015, come out here and slap me across the face multiple times while reminding me that I'm screwing up again, okay? Please??
So, what does this all mean?
It means that we all screw up. We all take on more than we can realistically do. We all think we're infallible at times. But when we set out on a specific course then majorly deviate from it, if the initial course of action was good for us (and deviation isn't good for us) then we'll be immediately reminded that we need to get back on the path.
And it means that we can change course at any timeonadime. If something isn't working in your life, change it. It's that simple! (Really, it is. We spend more time making excuses rather than just doing it and moving forward!)
As with what happened to me yesterday.
I think I wanted to keep this beast going because I love my students, like teaching people financial independence, and I don't want that part to end. So, if somebody can show me a way that I can keep doing that without having the staff and overhead and the bullshit that comes along with it all, I'm all ears! We have until June 30th to figure this sh** out.
In the meantime, the good news is that I have gone back to becoming a real estate investing maniac. I feel like it's 2010 again except...well, it's not 2010. That was the year where I felt unstoppable and acquired more property than I ever had in any given year...combined. It was also the year when I lost more property than I ever had too. (Remember Divorce #2? That's why.)
This is how and why I'm doing the Detroit event next month. I'm excited and fired up these days! I've been so immersed in real estate investing right now that I'm going happy crazy with new deals, cash flows, opportunities that I never saw and, yes, I'm actually getting involved with buying apartments from auction website! I know, holy sh**, right? (I'm usually anti-auction!)
And I want you to be part of all this churning excitement just because there are some things that you absolutely have to become a part of if you want financial freedom with alifetime of monthly passive income without ever having to worry about a job or getting a paycheck or, as with me, dealing with the life and times of running a business with a staff and overhead. (Yuck! That is so...1990s.)
By the way, if you still don't understand why you need to get involved in some kind of investing where you can get a monthly stream of income without having to "work" continuously on a treadmill for it, my star apartment building student Stephen Scott actually sent me a picture of him standing next to ex-Dallas Cowboy football player, Vince Albritton. (I never heard of him but, then again, I'm not a sports fan at all!) He came to visit Stephen on one of his properties last week because, well...Vincent is now a plumber. You see, since he didn't invest a single cent of the money he made as a football player, he's now forced to do things he doesn't want to do even though he's now getting up there in age.
Now he's getting advice from Stephen about how to get started as a real estate investor, investing in apartment buildings in Dallas. Quite honestly, he couldn't have a better teacher than Stephen Scott!
Can you image if all these celebrities who ended up broke like Ed McMahon or MC Hammer or Toni Braxton or Mike Tyson (and the list goes on and on) actually took only a measly 10% of their earnings to inject into some type of passive income real estate during their careers? They would never have gone broke if they did!
Here are the things that I'll be bringing to you next month at the event:
1) Money. That's right. I have money people at this event. One guy is so powerful that he can make (or break) your cash flow investing business. He's coming to this event to make you an offer you can't refuse!
2) The 100% LTV bond program. No, this isn't "deferred" transactional funding or seller financing. This is an investor partner program for specific deals over $5 million where you can get all the cash and even money for rehab if you go in with these guys. This program (and how you can get in) will be fully explained at this event since there are new elements to this that makes this cash much more accessible than ever before!
3) The exact mechanics of how to do all this stuff. At my last event, I only dedicated one day to real estate investing when it easily could have filled 2 days. So, I'll be including all the details from start to finish on how to get no-cash-no-credit real estate deals, spending time on exactly where to invest.
4) The Opportunity. Just like 2 years ago when I presented the $25,000,000 Opportunity with my Indian investor partners, I'll be presenting something like it...but different. And in my opinion, better. But, unlike the $25,000,000 Opportunity, only those who attend this event will be able to benefit from this while everyone else can...pound sand, kick rocks, whatever. There aren't that many "slots" to be able to take advantage of this and by presenting this to a room of 80 to 100 people will give me plenty of people who will fall into the handful of slots that exists right now.
Want to attend but you're not sure? Since this basement-bottom pricing deal is ending soon, I'm allowing my students to be able to do a $100 hold deposit. This way if you can "lock in" the deal before the end-all Blow Out date. You have until Thursday to put down your deposit to lock in the deal. The pricing deal ends next Friday at 5pm Pacific Time.
It's that time again where I'm starting to feel that "brain squeeze" feeling. It sort of feels like between getting a "brain freeze" from ice cream and passing out on a hot day because you're not hydrated enough.
This happens to me when I'm overwhelmed. Helplessly overwhelmed, actually.
I do this to myself all the time. I take on 101 projects thinking I can do everything at once and...guess what? I can't! (What a surprise!) I can do about 21 things at once but when I exceed that to 22 or more, that's when things get out of hand.
Right now I have several Detroit property deals I'm working on right now that, once I close on these deals, I'll be raking in an extra $30,000 a month. Because, you know, I need the extra money, right? :-)
You know what's really driving me crazy? The more "perfect" my life becomes, the more I'm feeling like something isn't quite right. I live in a "perfect" neighborhood with "perfect" neighbors in a "perfect" upscale town in northern Los Angeles County.
Yet my insides are screaming bloody murder!
I feel like that scene in Titanic when Rose runs out of the dinner party to the end of the ship where she almost jumps off.
Why am I telling you all this?
Because part of the reason I'm getting that "crunch" feeling is because of what I have coming up next month. I'm getting anxious because...holy sh**...I think I may have outdone myself this time and I can't freaking believe it.
Today I got a call from another investor of mine who is kicking ass with getting properties in the Detroit area and making a fortune doing it. He has a very unique way of acquiring his properties with a specific method that I started showing my students (for the very first time ever) at my last event last month.
And he just agreed to speak next month at my event!
He's going to be talking about a single "missing piece" that I didn't have time to get around to talking about last month. Remember, I was trying to pack 3 days of information into 2 long days last month. So, I did my very best to get as much info in there...and I did!
But I didn't get it all in.
This guy's name is Joe. That's all I'll mention. And the guy is a freaking genius when it comes to real estate investing. In fact, he's been so successful using this one specific method that we'll be talking about at my event next month...and he just agreed that he'll be speaking about this particular unique methodology that I've never fully discussed or revealed in any way before!
So...now I have 4 speakers plus me...a total of 5 speakers so far and I'm still waiting on possibly one more.
All of these people who will be speaking at the event in Detroit on November 14th and 15th have some power and pull in helping you get to where you want to be with your real estate investing goals. At least 3 of the 5 people speaking so far have the power of getting you money (including 100% LTVs) on property deals.
And the 100% LTV I'm talking about is a special partnership financing opportunity with cold hard cash and has nothing to do with DPA or "deferred" transactional funding.
How awesome is that!
Additionally, I have an "offer you can't refuse" with a special investment opportunity that will be only for those who show up to the event. You don't show up, you don't get to participate in this opportunity. Period. No exceptions at all.
If you recall, a couple of years ago I did an Underground Secret Event in Detroit where my Indian investor partners were putting in $25,000,000 in American property, specifically "SFR foreclosure portfolios" being sold by the lot (25 to 100 houses) in any major city in the United States. Nineteen of my students participated in this opportunity and a handful of them retired multi-millionaires because of it.
The opportunity, of course, was short lived as I warned my students it would be.
This opportunity will be different but much more profitable from a passive income angle. Unlike the SFR opportunity as I just outlined above, this is all about multifamily passive income assets.
But you have to register and actually show up to the event for you to be able to benefit from this one-time opportunity. You don't attend, you can't participate.
Like I mentioned, with my last kick-ass opportunity 2 years ago, 19 students made a lot of money with my investor-partner's money. A handful of them went on to become multi-millionaires. Yes, multi-millionaires. You did read that correctly.
The same thing could happen to you because this opportunity I'll be presenting, just like the opportunity 2 years ago, can be just as powerful if not more powerful!
I know this is last minute and the only reason I waited so long to tell my students about this event is that I was waiting on getting the "green light" from a very powerful man who can completely change your life when it comes to getting funds for your real estate deals. He's never spoken at any of my events, probably will never speak at another event of mine, and is probably the most powerful person I've ever had speak at any of my events.
You don't want to miss what he has to say because, as I mentioned, he could change your life in what he can do for you.
And again, this is only for those of you who want to attend the event. The deal is off for the opportunity and for what my powerful speakers have to provide to you if you want to get the videos later. The videos will, of course, reveal important details about real estate investing but you won't have access to the opportunities presented unless your ass is in one of those seats in downtown Detroit on November 14th and 15th.
If real estate investing is important to you, you'll make this trip out. If it's not then you'll make 101 excuses as to why you can't be there.
By the way, I'll add another few things:
1) Right now I have a BOGO deal going on where it's a buy-one-get-one fr*ee deal. Pay for yourself and bring someone else for fr*ee.
2) I have a deal where -- for the first time ever -- I'm allowing my students to do a payment plan to start before this event and end after the event is over! I have never done that before. This is how confident I am that this event can change your life and I want everyone who can come to come to this thing! (And if you need a special payment plan than what's on my website, let us know by calling our office at 661-295-5050.)
3) I'm offering a special bonus to join my brand new normally 6-week (scrunched into 31 days to get it done before Thanksgiving) 100% LTV Mentorship group that starts on October 20th. There's an option where you can get into this group for fr*ee by registering for the seminar. You'll understand my full method on 100% LTV investing strategy (and this has nothing to do with DPA or "deferred" transactional funding). You'll be able to hit the ground running come January since 2015 is the year of multifamily investing!
Here's the link to get more information about this mind-blowing event:
One of the most interesting presentations I've put together recently was the one in LA. This is the first time I've been able to give my specific 100% LTV no-cash-no-credit strategy...
And no, this has nothing to do with deferred/extended transactional funding or bird-dogging (property scouting).
There are actually 2 ways this works.
One way is through a specialized funder who gives 100% LTVs on certain deals through a bond program which works like an investor partnership. With the video set, you'll be getting the details on this program and an opportunity to participate in this 100% LTV bonanza!
The other way is exactly how I got started in real estate investing when my credit was trashed from my first divorce and I didn't have any money due to everything being tied up in my business ventures.
For the first time, I actually presented exactly how to do this unique and highly effective strategy including giving my students all of the necessary forms and paperwork to be able to pull this off.
And you'll be getting all of that soon.
In fact, all of these details including all of the forms are included with my now-available complete seminar set from my event a week and a half ago.
Can someone actually get an apartment building with no cash and no credit?
Yes. And there's a reason why this certain strategy works now better than ever.
But it's not just the strategy. It works with a specific type of property: multifamily buildings that are less than 50 units. These, by the way, are your prime target properties and this is where you'll be using this strategy (which is, coincidentally, where it works the best).
Why does it work now...better than it ever has?
Back when I first started out using this strategy in 2001/2002, I didn't know then what I know now. I didn't know how to create an offer or how to communicate with sellers. I didn't know jack nothing about what I was doing.
I was even calling the strategy something different which was confusing the hell out of everybody.
Of course, we all know what happened with the banking debacle where we had a near-collapse of our complete banking system in 2008. Everything has changed when it comes to banking and real estate.
Since then, commercial banks have to adhere to strict banking standards when it comes to lending on commercial investments. One of those is to protect their asses which includes having a "seasoned occupancy" requirement, not to mention an occupancy rate of 90% (but some will go as low as 85%...but that's it).
Because of this, a lot of apartment building owners can't sell their buildings since investors (buyers like you) can't get conventional funding.
And who the hell wants to get an interest-only hard money loan at a 60% LTV (and putting 40% down) on a building when they can go to the next building that's performing better for a whole hell of a lot better leverage?
The answer? Everybody.
And that's why there are so many buildings that sellers are desperately needing/wanting to sell and they can't: because of this seasoning/occupancy level requirement that these conventional banks and lenders cannot bend on.
This is why now, more than ever, this 100% LTV no-cash-no-credit strategy works so freaking well.
For the first time, I've given my students the exact forms to be able to pull these deals off.
I think some of my students were pissed off at me when I included such few details about my $85,000/month eBay student and how exactly he does it. Yes, I did include some information but not nearly what I included during my September event that just ended the weekend before last.
Why the difference between both events?
For one, I didn't have 100% permission from my student in time for the March event earlier this year. I only included specific details about how he got to $85,000 in all-cash profits (yes, you read that correctly: profits) per month.
However, for the September event, I not only got all of the precise details including precise information about his specific eBay accounts but he actually gave me pages of bullet-ed "tips" and "secrets" he learned since he really started ramping up his eBay business in 2012.
A little back story...he started "dabbling" in eBay back in 2007/2008 but didn't really do well with it back then, he admitted. It wasn't until my New Wealth Ninja training came around when he rearranged, refocused, restarted and relaunched his eBay business, basically from scratch using the New Wealth Ninja strategies and techniques.
Within a very short time after this period, his business exploded. In fact, the way he detailed the events, he stated that after the summer of 2012 when he learned all of the New Wealth Ninja techniques, he started applying them the week after and by Christmas of 2012 he was already seeing monthly figures over $30,000 a month. He closed December out having grossed $42,000 and profiting about 62% of that figure or $26,000 into his pocket for that last month of the year.
He thought that was it and that would be the best he'd ever do. Trust me, he was happy with that. At his old job it would take him 6 months to take that kind of money and here he was making that in a single month.
Taking another 2 of his eBay accounts, he started parlaying the success within those other accounts in an effort to double and even triple his financial gains. And he did it. In fact, by the time a full year rolled around since the New Wealth Ninja training, he was seeing an average of $60,000 per month in profits hitting his bank account.
But he had a new problem: what to do with all this money. This student never had the full "Aggressive-to-Passive-Income" training I give my students because he came in only wanting to know Aggressive Income Strategies. This would be about the time when he started contacting me in a full-blown panic as to what to do with this money.
Well, that's easy. Start buying up apartment buildings. As many as you can. And start right now!
And that he's been doing since last summer.
The cool thing about this past seminar event is that he did give me some very specificdetails about exactly how he built up his business from scratch and gave me some incredible, amazing, and mind-blowing strategies on how anyone can do what he does. This included allowing me to tell you about his exact secrets on how he gets pictures for his listings (and it's not how you think), which products to sell exactly, how to price your products, which specials to offer to move more product, and much more!
It incredible what you can still do online even though the opportunity for pay-per-click (PPC) campaigns has dried up and blown away.
For awhile it was very hard to make money on eBay when they changed all of their policies for the worst. But now that eBay has to compete with Amazon (who is taking over the world as we speak), they started upping their game by becoming more seller-friendly than they ever have been.
Which equals opportunity for you.
What my $85,000/month student (and I'm not even allowed to use his name here) doesn't realize is that he has created some competition for himself because once my students who attended the seminar (and those of you getting the videos) will do is take his step-by-step system and actually run with it.
And even if you "only" make about a quarter of what he makes -- or hell, even 10% of what he clears a month (which would be $8,500 a month...in profits) -- you'll be doing quite well.
So, what does he do?
It's all laid out in clear and specific step-by-step detail in my videos from my seminar event which are in my office, being packaged as we speak, and will be ready to ASAP!
Here's the link for the videos including a boatload of kick-ass testimonials from some of my students who attended what I consider my most awesome and best ever seminar event:http://www.monicamain.com/nww_event_videos
If you have any questions, call my office at (661) 295-5050.
After every seminar event I have an incident that I call "the bus hitting me." This usually entails a full blown physical crash along with a cold or flu. And it usually happens within a few days after the close of an event.
Well, silly me. I thought I evaded the bus but...the bus just hit me.
So, of course, I in no mood for no one, especially Sometimey Bitch from across the street.
Guess who comes to bug me with her shallow nonsense this morning?
Sometimey Bitch.
Of course, it starts with 20 questions about whether I'm going to Michigan for Thanksgiving this year to what type of home upgrades I'll be doing in the near future.
All in a ridiculous and stupid effort to keep up with me in some keeping-up-with-the-Jones type capacity.
Let's just put it out there...she can't keep up with me. She doesn't have anywhere near the financial capacity to do so.
But I'll never tell her this because...well, that would be rude of me. So, I entertain her by furnishing her with answers to her endless amount of shallow of questions as I begin fantasizing about blowing my brains out to escape her diarrhea-like rambling of the mouth.
After an inappropriate chuckle of the thought, to which she asks me what I'm laughing about, I have to lie and say I was thinking about something cute my daughter said the other day (because I can't tell her that I'm now laughing about my new thought of beating my head into the sidewalk rather than listen to her anymore), then I actually ask myself...
"Why do I keep putting myself through this?"
And not just by listening to her worthless dribble but just...all of it?
Why am I still living on that block? I've hated it since the first week of living there when I realized that all those people suck. (And after over 2 years, they haven't sucked anylessthan that first week. If anything, they all suck evenmore.)
Why am I still living in California? It's getting hotter and more miserable. In the very least, I should move by the beach. So, what the hell am I waiting for??
Why am I still managing a staff? Why did I get a new office/warehouse? Why am I still doing all the shit I wanted to stop doing a long time ago? What's wrong with me?
I'm entering into this zen-like trance about my life. Other people may call it a mid-life crisis except that I have no interest in red convertibles and no need for hair plugs. (At least, not right now.)
What I am discovering is that you can't be around a boatload of people who make you feel like you're air supply (or rather universal magic) is being cut off due to their only motivation to show up one another with "stuff."
A "cure" for them, of course, is to just buy a Lamborghini (for myself) with the a license plate that says gets as close to "SHOVE IT" as possible. Maybe SHVITUP or how about SHOVEIT (since I get 7 letters)? Since I live on the end of the block in a cul-de-sac, everyone will be forced to see me go in and out every day, making them feel just as small as they already are.
And yes, the Lamborghini would have to be red. Bright red, actually.
Then I think to myself, why bother? Why not just move after posting a flyer on each of their doors saying, "I'm moving because I think you all suck and one day you'll wake up and you'll realize why you suck. And if you want a clue, you suck because you identify who you are with the shit you have. But maybe nobody told you yet but your shit actually sucks too. I mean, who actually drives an entry-level luxury car, anyway other than a punk college kid? Get over yourself, shallow mother******!"
Do you feel trapped by your life, too?
A couple of weeks ago I had an old friend reach out to me. Some of you know him. His name is Aran Dunlop, my star mobile home park investing student. He was sad because he stated he got out of some deals, made millions (poor him!), and is now more miserable now than he was when he was broke.
Hmmmm...
That's actually quite normal, believe it or not. The moment you identify happiness with money, and when you get it, you realize...you're still the same except without a drive because you reached your goal. It's like knocking the wind out of your sails.
I told him that he needs another project, hopefully something with a little more meaning this time around. He really needs to get out of the trap he put himself in which is just a matter of changing his perspective and nothing more.
You can do, have, and be anything you want. Period.
If you have having financial difficulties, which you probably are, stop whining around it. Get up and start proactively doing something about it! Release yourself out of your own personal prison.
It all starts with a simple decision. Once you decide, the power belongs to you.
Now all I have to decide is this: Do I move or buy that Lamborghini? (Just kidding. Then again, maybe not.)
One of my long-time students who attended my seminar this past weekend -- Theresa F. -- sent me an email about a book on curing cancer.
I thought..."I don't have cancer but...she sent me this book for a reason. A special reason. And I have to figure this out."
I asked everyone in my office if they knew someone with cancer.
Then I remembered Ruth.
Ruth is the mom of a little boy who was in my daughter's class last year. Ruth and I hit it off. She's a super smart lady, has dynamic energy, and is an incredible person all around.
But she has cancer.
What sucks about the entire situation is that she has a 6-year-old boy and a 3 1/2 year-old girl. So...she can't die yet. She just can't.
I forwarded the book recommendation from Theresa (who is one of those wise souls who would know how to cure cancer and if she recommends something then she recommends it for a reason). The name of the book? Outsmart Your Cancer by Tanya Harter Pierce.
Ruth responded right away. She said she was at Henry Mayo Hospital from "overdoing" one of her remedies but didn't get into what she did to get herself into the hospital. Of course, I didn't ask but mentioned that if there was any way I could help, just say the word and I'd be there.
I guess the information was timely...and maybe not so timely. Either way, I know Ruth will look into the book when she returns home.
I've done some research on this book and some of the results for people in late stages of cancer have been miraculous. Absolutely mind-blowing.
I bought the book. I'll have it tomorrow. I'll probably give it to Ruth if she didn't get her own copy. Either way, I'll end up reading it myself. Maybe I can help someone down the road if I'm sitting at an airport, for instance, and can offer some "verbal coaching" based on what I learned in the book. You never know. The universe works in mysterious ways.
This, of course, is at the same time that I'm blown away by another book that I started reading earlier this week called E3 by Pam Grout. (It was just released this week...finally!Yaaahhhhh!) And if you know nothing about Pam Grout, what I have to say next will potentially change everything about your life forever!
Let's back up for a very quick second: I've read every book out there on the topic of manifesting. The only two (2) books on manifesting and wealth attraction that have really resonated with me over the years are The Trick to Money is Having Some by Stuart Wild and Excuse Me, Your Life is Waiting by Lynn Grabhorn (and you can listen to the audio on YouTube.com by Lynn Grabhorn herself). From more of a business perspective, I recommend Wealth Attraction for Entrepreneurs by Dan S. Kennedy. For my feng shui secrets (especially on the propserity corner) I must mention how life-altering Move Your Stuff, Change Your Life by Karen Rauch Carter has been for me.
I just gave you the reading list of a lifetime...but that's not my point.
My point is this: Having read so many of these books, much of it becomes redundant from one to the next.
Until I read E2 by Pam Grout.
What's different about this book is that she sucks you into these "experiments," forcing you to "learn then come to know" the powers of the universe first hand.
But E2 wasn't the book that bowled me over. It was E3 (that just came out) that really allowed me to understand the box of a life I've been trapped in for...forever (so far).
And I put myself in that box! (And I can also take myself out!)
Just like a little girl or boy who jams a frog in a box...I put myself in my own box. For 40 years!! It's like WTF did I do to myself all these years??!!
Reading this book has opened the box...except that I'm stunned and now I'm just looking at the clouds (possibilities) but still in the box.
I'm paralyzed still at the awesomeness of what my future and my life is about to become. After all, if you were suddenly given the gift of working magic...where would you start? (You'd start by standing there, paralyzed, until you figure some sh** out first. Just like I'm doing.)
One of the first experiments she has you do is to manifest a gift in the next 48 hours. The secret (the key to all this) is that you have to be very broad at first. The gift can come in the mail, in person, etc. and it can be anything (flowers, a card, money, etc.)
I started this experiment on Wednesday, giving myself until Friday night (tonight) to receive this gift.
So, last night I'm sitting in bed, automatically starting the mind process of hashing out..."Where the f*** is my gift? It's been 24 hours and time's ticking...!
Wait a minute! Of course, like everyone else, I'm so used to thinking about what's not to realize what is. Then I remembered something!
When I opened my mail earlier that day, I received a $500 Visa gift card to use for anything I want.
And how often does that happen?
How about never for me. It's never happened to me before.
Yes, I received the gift. Not in 48 hours but in 24 hours.
F****** A!!! This sh** really works.
Then this morning I had this odd dream...about the universe. I know, weird. I dreamed that I bought this waterfront property somewhere and just when I moved in, somebody wanted to buy it from me, profiting me over $200,000 and that they'd close in a week with all cash. And they asked if I can get all my sh** out in a week. I'm like, "Yeah. I can get it all out in a day."
I woke up thinking...ridiculous. You can't close in a week.
Then I thought about it. Actually you can close in a week. Especially with all cash. And I've done this before, many times. But have forgotten because I've trained myself to accept things as being harder instead of easier as life progressed on.
Time to reverse that training and start taking the easy way!
This dream signified what we are trained to believe is possible actually isn't the way it's supposed to be...and that we are severely limiting ourselves in so many damned ways that it's sickening. We don't even know how badly we've tied ourselves up and how deep of a dark corner we've thrown ourselves into, just accepting that once-in-awhile sliver of light that appears...then disappears. Until we forget that there's any light to begin with.
When are we going to cut the freaking rope and emerge from the darkness? There are so many possibilities -- effortless and exciting possibilities/opportunities -- but we're too busy staying submerged in the murky muddy pond of life, not daring to life our heads to see if there's anything else out there.
The older we get, the worse it gets. The less likely we are to lift our heads to see if there's anything more out there.
That's why getting older blows. We stay set in our ways and we stop looking for the magic.
This book -- E3 by Pam Grout -- is incredible. It helps you understand how to start conjuring up the magic with these little experiments to "retrain" you into understanding how to create things in your life and how to find the magic that's actually already there.
Ever since I started reading the book earlier this week, my entire perspective is different. I look at my business and think, "I don't have to wonder if I'm going to make certain financial goals but rather I can just create the quotas I want...then let it happen." How freaking cool is that, folks? It's like waving that magic wand and getting what you wantanytime you want it.
These experiments allow you to come to personally and intimately know that this can work. Without this inner knowing of these possibilities, you can't possibly make magic happen.
And this is that "missing link" within all self-help books out there, especially those on the topic of manifesting. No knowing = doubt. Doubt = lack of manifesting.
Pam Grout helps you remove this doubt by helping you know that this magic is possible.
As I drove into my office/warehouse today I started thinking..."Is this what I want anymore?" I feel like I've been hanging onto a lot of things that I was supposed to hang onto for security but...I don't think I need any of this anymore. More analysis as I go on.
Let's turn this to you.
If someone dropped a magic wand into your hands right now and told you that you could wave it for anything you wanted...but think carefully first about what you think you really want...how would you start using this magic wand?
I know...this type of power is mind-boggling, isn't it?
Yet you already have it. You've had this wand in your lap the whole time.
So...start freaking using it already! All is possible. And "all" means everything.
Last week I had an "issue" to help my daughter resolve at school. Basically, in a nutshell, she's being bullied by some trailer-park-trash looking little brat that reminds me of younger version of Eddie Haskell of Leave It To Beaver. For you young people who have no clue as to what I'm talking about, Eddie Haskell was charming as hell to the adults but was a bastard to everyone else (i.e. the kids of the neighborhood). This little sh** evenlooks like Eddie Haskell a little bit.
So, last Monday he punched my daughter in the cheek at lunch/recess. I noticed the quarter-sized bruise on her left cheek. By Tuesday and Wednesday my daughter didn't want to be left at school, even throwing a full-blown crying meltdown in the lobby of the school when I had to leave. This is when I knew something was wrong.
After much cajoling last Thursday after school, she finally admitted that there was a little punk ass kid at school by the name of Jake who was bullying her. Within seconds I was on the phone with her teacher, nicely demanding a rapid resolution to the problem.
This is when I decided that, once the appropriate "authorities" were notified, that it was time for a little "rough justice." I explained to her that the next time the piece of sh** smacks, punches, or touches her in any way she is to break his freaking nose until there's blood gushing everywhere. The more blood, the better.
She looked at me confused. Here we are with an innocent sweet little girl who doesn't understand why I'm condoning such severe violence on a little boy her age.
"Because sometimes you just have to come out fighting when you've done everything else you could possibly do otherwise," I told her.
Then I thought about it. How many of us act like "victims" to life in general? But forget about being a victim. How many of us sit around thinking that God or somebody should have helped us or opened a path somehow...and didn't. So we mope around because we're not getting our "fair share" in life.
Damn right you're not getting your fair share. I can tell you that you're 100% correct. You're getting screwed!
But here's how you stop getting screwed over by life in general. Here's the point when you can stop accepting the crumbs and scraps that are left over by everyone else and start getting the lion's share of what you deserve in life.
1) You don't accept your conditions as they are.
2) You come out swinging for what you want; fight hard for it.
3) If you break a few noses in the process, that's how the ball bounces.
Unfortunately the "programming" of the sheep-like hum-drum life they're trying to pump and dump into our little ones these days was starting to seep into my daughter's innocent little head because she was afraid she'd get in trouble by breaking Eddie Haskell -- I mean Jake's face open on the playground.
I told her straight up. "Yep, you'll probably get in trouble with the teacher and with the principle but you won't be in trouble with me and that's all that matters. If they make you sit in the principle's office, don't be scared. I'm backing you up 100%, baby. The only time I'll be mad is if that little loser touches you again and you stand there without defending yourself. That's when you'll get in trouble with me!"
This is when I realized that the moment you feel life pinning you down into a somewhat helpless state of being, you have to come out punching like a mother****** until you get what you want. Period. No way around it. There is no rolled out red carpet for people who accept their station on the sidelines. You either take the center spotlight or you die the wallflower, unnoticed and disrespected.
How do you start fighting for freedom? You take the bull by the horns and decide to start doing something for yourself. Maybe you're finally at the point where you can't take it anymore. Good! It's about freaking time!! It's a great point to be at because this is when it's easier for you to start initiating change for once.
I have something I think you should take a look at including some testimony of people just like you who decided that they were going to make some significant changes in their lives. And they have a personal message for you. Click here to listen to what they have to say to you.
In the meantime, stop being a doormat for everyone. In fact, pick up that mat and fling it in the trash. It's your turn to start getting what you want and it first begins by telling everyone else to f*** off. Then, after that, start fighting for the life you want.
