Let's officially put today in the "Don't F*** with Monica Day." The Vegas event has put me into a near-coma where I feel like I haven't slept at all in a week. On top of that, when I got back into LA on Sunday, my daughter had a bad stomach flu which disallowed me ANY rest since before my Vegas event started.
So then...why is it that I'll have an idiot of a student start in on me right before I get to Vegas, continue while I'm IN Vegas, and won't let up while I'm pretty freaking close to my physical, mental, and emotional breaking point?
And, of course, it's some guy. Many of them seem to be the bitchiest of them all.
To give you a brief recap of who this dummy is and how he places in my life right now (at least till he gets the boot for good, which will be by the end of this email), he's in my Multifamily Mentorship Group.
Now, I'm not really one to be a dream killer. After all, some of my most mentally challenged students have done some amazing things in the past several years because, well...my theory is they are too stupid to second-guess anything and they just go for it. (This is actually a benefit, by the way. A benefit that many of my smarter and more logical students simply don't have.)
But...when it comes to this one particular student...yes, damn it! I'm going to be a dream killer. Because it's pretty freaking clear that he's not cut out for this or anything else of value out there in the real world.
First off, his name is Enrique so I can automatically assume that there is an English-as-a-second-language barrier that we're dealing with. If not...he's double screwed because he doesn't have a hope and a prayer of every doing anything of value in the years to come.
The email starts as follows:
I think my disappointment is growing every day. Here's what I've encountered so far...
And then there is a listing of things that he clearly cannot understand or is "confused about" (by only Assignment #3!) because he can't read and has no mental capacity to retain a single drop of basic step-by-step information. One of his complaints was about a website link that wouldn't work for him. Strangely, that link works for EVERYONE ELSE (including myself) when I click on the link so, again, we're having some major mental obstacles that we're dealing with here with Enrique. (Enrique, perhaps you should have just STAYED on that banana boat that brought you here.)
As I was laboring on over and over again in Vegas...YOU CAN'T FIX STUPID!
And as tired as I am right now, even my magical powers have sputtered out for the time being to where I have no interest in even telling Enrique that he has no hope in making it in the real business world.
To exist and do extremely well in the business world, you need to be able to think, first and foremost. You need to be able to do simple things on the computer, including being able to click on links. You need to be able to put some time and effort into the course materials provided, which he clearly refuses to do.
After all, he signed up for one-on-one training...which he somehow confused the online training with me personally showing up to his house for 8 weeks. Yes, that's what Enrique thinks one-on-one training is. This is why he won't read the course materials; because it wasn't written specifically FOR him with the name "Enrique" injected in the contents of the course here and here. It's not considered one-on-one because other students are also receiving the same course materials too. And, holy sh**! I didn't create Enrique's individual audio seminars that included his name in it saying things like, "Enrique, welcome to the mentorship group! The first thing you have to do Enrique is..." find your freaking brain AND balls!
The business world is tough. Nobody has ANY time for a bitchy, whiny guy with no balls or brains. Nobody does. Includingme.
What is he going to ask of a real estate agent or a money broker or a lawyer? "Why aren't you giving me one-on-one attention by coming to my house to...basically do everything for me since I'm too stupid to do it for myself? I'm just so disappointed, Real Estate Agent Bob, because you're not doing the entire deal for me. And I'm disappointed in you, Money Man Larry, because you didn't simply write a check for 100% of the LTV for the property deal that Bob is working on for me and deposit it directly into my bank account for me. After all, going to the bank myself...well, that's just simply not in my schedule. Dr. Phil is on right now and by the time it's over, the bank will be closed."
Sorry, Enrique. Yes, you do fall into the category of a cry-baby tire-kicker who is too lazy to do anything for yourself including doing the basic reading that is required for the course. I'll bet $1,000 that you never read through, listened to, and watched the course materials in totality that were given to you when starting the group which is why you're "lost in space." (I have other theories as to why you're "lost in space," Enrique, but I'll give you the benefit of the doubt...which you don't even deserve because it's pretty clear why everyone else "gets it" and you don't.)
In case anyone doesn't understand what a one-on-one mentorship means it's that you are given course materials and assignments that the ENTIRE CLASS gets but I will look at and respond to your homework accordingly. No, it doesn't mean I DO the homework FOR you. It means that I help you along when you have questions.
No, I don't go to your house. No, I don't create a personalized course with your name injected in every other sentence. No, I don't go buy your properties for you. So, if that's what you think this is about, then...keep watching TV all day and leave the real world alone for those of us who are productive and can put 2 and 2 together without the need of stick figures in the form of diagrams on a chalk board.
Okay, so maybe I'm being a little unfair here. And not to Enrique but to the rest of my students who are awesome.
Vegas turned out to be one amazing event. And yes, the majority of those students in that Vegas group have not only taken my mentorship groups in the past but they've been students of mine for MANY YEARS.
And, I should mention, that by the show of hands, at least 1/3 of my attendees in Vegas already own apartment buildings, most having acquired their properties since starting as my student. By far, it's been the largest group of student apartment building owners that I've ever had in a single seminar event.
This is what happens when you decide that some of this has to be your responsibility. My mentorship groups are amazing because it forces you to do assignments where you reach into the real world of investing which is why they result in so many success stories...even more so than students reading a book or attending an event. You are forced to do the assignments by talking to real estate agents, submitting real offers, and going through the process step by step.
Of course, you actually have to have some basic things which I can't give you including:
1) Common sense
2) Usable brain cells
3) Strong desire
But if you have all of those things then you are about 90% further than most people living and breathing in society today. (Pat yourself on the back if you fall into that category.)
I have an interesting group starting tomorrow. And because I dropped the ball on sending out emails a couple of weeks ago, I'm giving you a never-before-done offer for my new 10-week Raising Capital Mentorship Group. I'm also throwing in the entire Raising Capital course without paying an extra dime on top of the already drastically-reduced price.
By the way, the majority of my students who completed the last Raising Capital Mentorship Group (to the end) were able to get a minimum of $50,000 in unsecured credit and a couple of my students scored over $250,000. So, if you're looking for money for real estate deals, business opportunities, or other investments then you definitely need to get on board with this group.
Again, it starts tomorrow and this deal ends tomorrow at 5pm Pacific Time.
If you have any questions, call my office at 661-295-5050.
See you at the top!
Your mentor,
Monica Main
P.S. If you are the Enrique who is not quite "getting it" in my Multifamily Mentorship, you have till Friday to get your act together or you'll be promptly removed from the group. And if you think I'm messing around, try me! (I'm a peach compared to who you'll be dealing with in the real world of real estate investing so if I'm "offending" you, too freaking bad. Your first real estate agent will eat you up and spit you out...over the phone. No apology will follow either. Just "click.")
I guess I'm used to getting MORE than my fair share of stupidity and ridiculousness in my email inbox, during IM sessions, and even on mentorship phone calls with students. However, this past week and up until about 5 seconds ago was a doozy flurry of student stupidity and nonsense.
Of course, I'm used to this and I've gotten numb to it for the most part. But...as you know, some of these questions and comments exceed the normal level of dumb, bordering on what I'd like to coin as "extreme stupidity" that I'm finding harder and harder to tolerate as the days tick on.
(And by the way, most of you know how bitchy I get right before a seminar so adding stupid questions and comments to the mix is usually not a very smart strategy for you to use right now.)
So, what set me off this time?
Well, it would seem that I have a student of mine who wants me to give her a list of my investor students who have money to put into deals so that they can invest in her deals. And she has been bugging me and my office about it since an IM session last week.
And no, she isn't willing to come to the seminar to network with these students and investor partners. Instead, I'm supposed to simply photocopy my Rolodex and mail it to her...at least that's what she's expecting. (Could a tad of dementia be setting in?)
Strangely, this person is a licensed real estate agent and yet doesn't know what the basic definition of confidentiality is. Apparently I'm supposed to merely hand over this listing of my students with money, including their full names, addresses, phone numbers, and emails because, after all, this is perfectly legal and fine for me to divulge people's private information to her without their consent.
On top of this, she made a snotty comment about the newest 60-40 Loan Program by stating that sellers won't "give their equity away." Well, that is true. As you know, the 60-40 Loan Program is when the lender will offer a 60% LTV and will allow the seller to hold a private second at 40%.
Again, it's strange that this woman proclaims to have a real estate license because everybody in "the business" of real estate knows what it means for someone to "hold paper" or "hold a second" on a deal. It means that they are HOLDING A F****** LOAN. So, how is the seller "giving away" his or her equity when they are getting paid monthly installments on a loanAND getting interest above and beyond what they expected to receive on the sale of the property? Sounds like a win-win deal for them! Right??
I have a friend of mine -- bless his heart -- who is relentlessly prying me out of the business of teaching and training. At least once a week (and lately a lot more), he's been making me analyze why I'm really doing this. This conversation of "why are you doing this" started back up again when he took a look at the IM transcripts from last week's Business Credit Mentorship when a student was insisting that he couldn't get a virtual office address because he'd call and nobody would answer the phone...for ANY of the virtual office services that he called on.
Of course, I didn't believe the guy because this is not only NOT probable but is actually in the realm of IMPOSSIBILITY. But, during this dumb-ass IM session, I was also doing the 100% LTV Mentorship IM where I was already highly agitated at my real estate agent student who lives to rub me the wrong way while making herself look foolish in the process. (This could be, perhaps, why she's not hooking up with the right resources in real estate. I hate to be the one to break the bad news but nobody wants to work with a bitter bitch.)
I can teach real estate investing. I can teach Aggressive Business Strategies. I can guide people in changing their lives.
But I can't teach common sense and I can't inject brain cells into a brain that doesn't exist. That's where the Magic of Monica Main ends.
And just like the likes of that guy Jim -- who I blasted a couple of weeks ago for being a lazy ass -- and now this student who wants me to merely mail her the confidential and private student investor information, I gotta wonder...at one one does my job end and when does the student realize that he or she has to put in a little of their own elbow grease to make things happen for themselves??
(Sigh!)
I'll agree on one point, though. Resources are needed to move forward in the business of real estate. It's an OPM business or a business built on Other People's Money. It's not what you know but who you know, if you think about it.
So...good news. I'm offering the Motherload Resource Directory 2016. And it's at such a ridiculously low price that I'll never repeat this deal ever again.
And...the bad news. You won't be getting my student investor's personal contact information unless you want to attend a seminar event and get it yourself. I don't have the legal ability to send anyone my student investor database. Sorry.
Please note that these Million-Dollar Resources are powerful. You create and establish relationships with these lenders, brokers, investors and resources. It's not a toll-free number that you dial up, ask for a certain amount of money, then receive a check for in 2 to 3 business days. You have to have at least one deal that you need funding for. You have to be able to speak and communicate well. You have to be willing to work for your real estate including finding and analyzing the deals.
And I can't do all this for you.
So, if you really want it then I got the resources for you. If you want to be like Lazy Jim...give up now while you're ahead.
This is a Picture of Me, My Mom, and My Brother Jason. I think I Was About 5 in This Picture, Making My Brother 3. My Mom Would Have Been in Her Mid-20s. It Seems Like This Picture Was Taken a Lifetime Ago...
It'll be 10 years on July 26th since my mom has departed from this planet...suddenly without notice and seemingly before her time.
Since her physical death, I've felt this heavy sense of loneliness, despondency, and despair that has become nothing but the "norm" in my day-to-day emotional psyche set that I've, unfortunately, gotten used to like a low-grade grinding on my soul. I often wonder how many other people have to sustain a lifetime of grieving that they haven't been able to quite grasp no matter how many prayers, meditations, or trips to the shrink couch they've taken.
Always when trying to dig to the bottom of how or why I feel this chronic black cloud tethered permanently above me and inside my heart, it always comes back to the loss of my mother. This, of course, is strange considering that my mother and I didn't always see eye to eye and we certainly didn't agree on most anything. Our life motto's are completely opposite. But she's my mom.
I think our near-lifelong contention started when my brother came into the picture. This would be circa 1976. I would be only 2 years old, too young to sense this clear preference that she had for my brother over me but that would come later. I would start to notice this favoritism as time went on throughout my childhood when he seemed to get all the toys he wanted, more attention from her, more compliments, and more "babying" overall.
And it only worsened as time went on.
She had a variety of excuses as to why we weren't "close" starting with the laughable one where the doctors had taken me away from her the moment I was born...so we had no time to bond. She almost fooled me with this senseless spiel except that I immediately realized that this would be bullsh** after I had my daughter; I would come to learn first hand that a mother-daughter bond is formed over the first 6 months to a year and doesn't just "happen" at the split-second of birth.
The next excuse would be that her and my brother were similar "peas in a pod" and just got along better. If I would have been more generous, loving, funnier, or fill in the blank, maybe we would have "clicked" a little better, she'd tell me. But we didn't. And that was that.
And so it was...I would bear the emotional battery of these almost-innocuous comments here and there as I would enter adulthood.
But she was a good mom overall. She took care of the basic necessities, cooked to an acceptable degree, and loved us as best as she knew how considering that her childhood was nothing but neglect, abuse, and the loss of her father at the ultra-sensitive age of only 13 years old. During which her mother would be in and out of a psyche ward while battling alcoholism and letting her kids basically raise themselves throughout high school and beyond.
My mom would talk about breaking the cycle with her own kids. I didn't see it then. But I see it now. Even doing a little bit better for your own kids from the way you were raised yourself is a huge stride in the right direction. She broke a vicious cycle of abuse, neglect, and alcoholism...almost anyway.
My dad had an affair during the summer when I'd transition from the 7th and 8th grade. We moved that fall to California where my mom sank herself into an endless downward spiral of drinking from that point on. My teenage version of Monica would tell my mom to suck it up and move on. No man is worth destroying yourself over. The 40-year-old version of Monica would have physically smacked her in the face and yelled, "Suck it up and get your f****** ass together!"
But I'd never be able to tell her that. Because she's gone now. I think she knows though. On some level anyway.
As time went on alcoholism spurred into drug abuse. This would be throughout high school and college for me. My parents divorced during that time and went their own separate ways. My theory is that the drug abuse is what gave her the brain tumor. But that's just a theory. Who knows if it's remotely close to what happened.
I cringe at how badly my mom emotionally struggled during those years and I'm grateful that through my emotional struggles I don't succumb to alcohol and drug abuse like she did. I'm thankful that I'm much stronger than she was.
It would take my mom being on her death bed to admit to me why she always "favored" my brother and gave him more attention. She told me, "You were always the independent one who could take care of yourself."
Compliment? To me, yes. Absolutely.
When my mom died, she left the majority of her life insurance policy to my brother. It was a slap in the face to me. No, I didn't need the money and I would have given the money to my brother anyway but it was the act of her "dissing" me like that that pissed me off. It was as if it was her last slap in the face to confirm that he was, in fact, her "favorite" all along.
Then, in a peaceful meditation, I heard my mom's voice which said, "I always knew you could always take care of yourself." I can and I have.
After my mom died, I seemed to be okay with it even though I had wished we had more "healing" time together before she passed. Then when I had my daughter 3 years later, it opened the wounds up wide and deep. I had nobody to watch my daughter grow or ask questions about how to raise a baby. I was essentially alone raising a little girl by myself with no help from mom or anyone else for that matter.
Or at least I thought. Strangely, my daughter says she "knows" my mom and has seen her here and there.
I guess Mom has really been helping me all along, even in from the other side. I know this because when the going gets tough being a mom, I get this sense of peace shrouded over me and then I plant myself in the moment with my little girl because I'm reminded that they go so fast. And pretty soon my time will be over with her just as my time with my mom ended long ago.
So, on this special Mother's Day, I'd like to say, "Thanks Mom. Thanks for doing the best you could and for still being around. I'll see you again after my duty as a mom has been fulfilled in this incarnation. Thanks again!"
Happy Mother's Day to all the moms out there. Being a mom is the most noble and honorable job any woman could ever be blessed to have. Keep up the good work!!
Strategy #3: Getting the Cash and Credit via Business Credit Building. I've shared some extraordinary never-before-revealed business credit building strategies to all of my students in the form of 2 powerful videos a few weeks ago. It's never been easier to build stellar business credit from scratch as it's become now. This allows for students to gain access to cash to be used for down payments. In addition, you can use your "partner" (or your corporate entity) and its built credit to "partner" up with you on your new property's LLC (that is acquiring the property). This is the ideal way to let money work for you rather than working for money. Use OPM (other people's money) for maximum leverage and this is the way to do it! The latest personal and business credit building secrets will be covered at my upcoming event...and by an onsite expert who will reveal things that I've never told my students about when it comes to credit...at the Vegas Event!
Strategy #4: Using Investor Partners. I've been doing this for years which is the crux of how I've done deals. (I now focus on investing without the use of partners using business credit, lease options, and 100% LTV Bond Funding Program.) I've done a lot of deals this way, racking up thousands of units and millions of dollars in the process without putting in anything but my blood, sweat, and tears into the deals. This is a powerful way to get started and to quickly build wealth with this single strategy. (Eventually you'll branch off and do your own exclusive deals like I do but this is a great way to springboard your way to success!) My $7,000,000 down payment partnership opportunity will be revealed in full detail at the Vegas Event on May 15th & 16th and will only be for those who attend.
Plus...
You'll discover exactly which types of real estate assets perform the best by cash flow, how to find these assets, and how to cash in big in the shortest amount of time with passive income real estate!
I'm having my star MHP (mobile home park) student, Aran Dunlop, explain exactly how he went from being a regular student (just like you) only a handful of years ago to using investor partnership cash to become independently wealthy (and retired at the age of 32) by using a specific set of very-easy-to-do strategies that he will be showing you. He'll also be uncovering the details of his latest real estate cash flow secret which very few people in real estate investing even know about...and you can jump in for big profits before this trend gets too hot to touch!
But you have to register for this mind-blowing event to get all of the above and more!
I now have $7,000,000 in partnership cash to be used for down payments for partnership deals for those who attend the Vegas event on May 15th & 16th. This is, again, for cash down. It's not to cash out any single deal with 100% cash. That's not the proper (or smart) way to leverage yourself in real estate.
This partnership opportunity will only be open to those who pay for and attend the seminar event in Las Vegas on May 15th & 16th. No exceptions. Sorry. I can't add additional people who don't find the time or importance in attending over those who actually do.
There's a reason for this is simple. In the past when I would open up partnership opportunities to just anyone, I got a lot of waste-of-time deals that completely bleed my valuable time dry. This is because students who aren't fully aware of all of the submission requirements will submit deals that are wrong for what we're looking for or won't have the expenses itemized out (as required) or won't have the deal financially structured properly. Opening up a bunch of Excel spreadsheets and looking at them when they turn out to be deals that aren't going to work is a total waste of my time.
I did notice a huge different in the quality of deals I was getting when I opened up the partnership opportunity to only those who attended the Detroit seminar event last November. The quality of the deals we got were top of the line. Students listened to my thorough presentation on what my investors were looking for and found what he was looking for. And most of them submitted deals to match what we were looking for.
As I mentioned before, I have 3 investor partners who are funding the now-collective $7,000,000 for down payment funds on property deals. And I want you to start getting your deals together so you can hit the ground running!
Investor #1: This is my guy from PA. He's a MHP (mobile home park) guy. He's putting in $3,000,000 total. He's looking for MHPs of any size in any area of the country in which you can realistically commit to personally managing the property. He won't allow you to simply use a management service. (He never does.) For many MHP deals, the down payment will be anywhere from 30% to 15% (depending on a WIDE VARIETY of variables including where the property is located, income, etc.) He has a preference in where he'd like to get more deals. He's interested in Arizona, Texas, and Florida. (He has a lot of the MHPs he wants in the Midwest already.) However, he'll consider deals anywhere provided that he believes they are worthwhile to him. A tip: look at deals that have 50 pads or above to gain serious consideration, especially with CAPs over 9.5%.
Investor #2: This investor partner and I go way back. He's from Texas but goes back and forth between TX and FL. He is my "small" apartment building guy. He likes apartment building deals between 5 and 50 units ONLY. He's looking for anywhere with a strong cash flow and prefers CAPs to be over 9% (but will consider slightly lower CAPs). He does NOT like Detroit especially (as he's clearly stated to me over and over again). In fact, he'd prefer to stay completely out of Michigan, Ohio, and Pennsylvania altogether. He'll consider deals in Illinois, Indiana, Missouri, Kansas, Oklahoma, Texas, Arizona, Georgia, Nevada and Florida. (Those are his hot spots.) No commercial, no MHPs, and nothing over 50 units. No major rehab. Nothing majorly under-performing. You have to be within 60 miles of where the property is located. This guy is throwing in $2,000,000 which will account for 20% in down payments so we'll be able to leverage $10,000,000 in property deals through this investor.
Investor #3: This is my investor who invested with my Detroit seminar students. He's also from Texas.(I used to do a lot of deals in Texas so I have a lot of financial ties to that state, especially with investor partners.) He prefers apartment building properties OVER 50 units and will also do MHP deals just about anywhere there's a strong cash flow. He prefers his CAP rates to be over 9%. All investors involved with deals with him must provide full management services, no exceptions. He usually won't consider someone's deal if they reside more than 40 miles away from where the property is located. He will not consider commercial-commercial but will consider mixed-use (part commercial, part residential) especially with retail at street level. No major rehab. Nothing under-performing. He is putting in $2,000,000 which means we'll also be able to leverage $10,000,000 in property using this cash as the 20% down payment funds.
Each investor is offering my students a 33% stake in the property in both gained equity as well as the monthly cash flow. (It's very important that you include this 67/33 split information when you have to submit your mini-business plan. All seminar attendees will get a mini-business plan template to sort of "copy" from.) You may submit multiple deals.
They may accept more than one deal from you. (One of my students had 2 deals accepted from the Detroit event.) Of course, just because you submit a deal doesn't mean they are required to accept it, especially if it doesn't fit their needs/requirements. (This is the legal disclaimer that I'm supposed to be using from now on, as per my attorney.)
More will be discussed on May 15th & 16th in Las Vegas in how you can participate in these deals. And, as with my investor partnership deals before, it has made some of my students "overnight millionaires" so this is definitely something to consider when working with investor partnerships like this.
The other day I took a walk with my daughter. We barely got to the end of the block before she decided she wanted to change into "workout clothes" before we continued with our walk. Irritated, I agreed that we could go back home so she could change.
Funny because as I was walking up to my house I noticed a drone flying around my house. Yes, a freaking drone. And it was the first time I'd seen one up close and in person. It was hanging around in my front yard, kind of low flying. It wasn't long as I was getting closer when I noticed that it had a camera on it!
It was circling my house as if it was taking pictures. At first I thought it belonged to the teenage kids across the street and they were messing around. But I went in the house, upstairs, and out on my back balcony when I realized that it wasn't an innocent fly-by with the neighbor kids but rather it was a couple of dudes parked in a white Navigator on the street below who were operating this loud-buzzing video camera drone. In fact, the whole "operation" was a little strange as they had a small table set up with a laptop on it.
What they didn't plan for is me quickly noticing their little operation from my balcony above. Apparently they thought they were being slick by being a street over, not anticipating that I'd come out onto the balcony to see them down there. (I still don't know what prompted me to automatically go out that way to check it out but something did.)
I called the Santa Clarita Sheriff's Department. It seems that it's sketchy on what the laws are on technical devices and privacy but they wanted to send a car out right away. Unfortunately, the offenders in the Navigator were packed up and driving away before I could have the cops come out.
I guess legally I could have shot it out of the sky and had it drop into my swimming pool since it was, technically, on my property. In fact, that's what will happen next time I notice this drone if these guys have the balls to come back around. Then they can fish their broken drone out of my swimming pool while I have the Sheriff come and arrest them for trespassing.
It made me think: WTF is the world coming to where people don't think they have the ethical or moral duty to allow others their privacy? It seems that people have run rampant out there believing that they have this "self-entitlement" of "I can do whatever I want and nobody can stop me" mentality. Even worse, who were these guys? Is this something I have to worry about for later since it's pretty clear that they had MY house singled out on the entire block?
Going even deeper, I realized that maybe I need to take a step back again. It seems that when I become a little too "high profile" then shit like this starts to happen and I have to worry about my own security. At the end of the day, I have to think...is this all worth it? The answer always comes back a resounding NO! It's not worth it. Nothing is worth the compromise of my personal security.
So, now I'm back to considering whether I'll be staying in the teaching/mentoring game...or not. I love teaching my students but, at the same time, when you have a few crack-pots out there, it only takes one for my life to be in complete danger. Only one. And that's one more than I want in my life.
If you recall, I was lucky to have a body guard at my Detroit event because I had a stalker in attendance who was carrying a knife and God knows what else. Since then I've committed to having a body guard at every event from now on. As my entourage seems to grow in size, I have to wonder how crazy do I want this to get before letting go.
I'm a huge fan of Pam Grout who wrote a couple of books (available on Amazon) called E2 and E3. Good stuff if you want to understand first hand how the law of attraction works. I recently received an email from her on a recent blog posting since I've subscribed on her website. It was talking about this woman who had cancer and used one of the techniques to find the help she was seeking to help her heal.
The first person I thought of was my friend Ruth who is dying of cancer. I told you about her last year. She has breast cancer. This blog happened to mention a variety of different things this woman came across when she asked the universe where to go for information in 2 simple words (which I'll tell you in a minute).
I thought about Ruth and wondered if I should email her the blog. I didn't want her to think I was sending her junk because, for me personally, I really don't like it when people forward me stuff unless it's something I'm really into. I pondered on it then let it go.
Not but an hour later I ran into Ruth at a local Bed, Bath and Beyond where I had to get a gift card for a friend of mine who just got married. First of all, I never run into anyone since my city is so large in size. Second, I rarely go to Bed, Bath and Beyond for anything anymore these days and it was odd how, out of the blue, I just decided to go there of all places to get the gift card.
I told Ruth that I had been thinking about her and if I should forward her the email. Her face lit up and she said, "Yes, send it!" So, I sent it later on that day. Then I hadn't heard from her in about a week or longer after that. It was weird. No reply. No "thanks" for the email. Nothing. I wondered if she had received it.
Then she send me an email back that said..."Wow, I'm so glad you sent me that! Show me, incredible. ~Ruth"
What is she talking about...??
"Show me." Those are the 2 magic words. I thought about it..."Show me." Could I possibly use these 2 simple words to help redirect my life? After all, my "toiling" about life isn't as serious as someone who is looking for a cancer cure.
So...I tried it. "Show me."
"Show me the direction in my life that I should be going in right now."
Then I let it go.
Not but a day later, I was mysteriously jolted with an earth-shattering idea that will completely change the context of my daily life as I know it, giving me the day-to-day freedom I've been craving for the past few years but didn't have the nerve to put into action, probably because it wasn't the right time as it is now.
Then yesterday...a second earth-shattering life-changing investment opportunity in real estate that hasn't gotten me this excited about real estate investing since about 2010...before I started losing my "groove" and luster for the biz. (For those of you attending this upcoming Vegas event, I may share a little of this life-changing opportunity if I have enough information for you in such a short period of time.)
Then a hard decision...whether to finish my book or not. I can still go either way with it right now. (I'd like to finish it.) We'll see.
Bottom line, the safety of my family has to come first. Always. And if it means completely rearranging my life to ensure that this safety is in place, so be it.
If you need direction in your life in any capacity, just use the 2 magic words: Show me! Then let it go.
Let me know what happens.
See you at the top!
Your mentor,
Monica Main
P.S. The Vegas event on May 15th & 16th is filling up fast! Register now at www.monicamain.com/vegas!
Many of you know that I started off with $5,000,000 in investor partnership cash for those who attend my Vegas event on May 15th & 16th.
Now it's up to $7,000,000 and I just may get another million by the time I do the event next month.
But what does this mean exactly?
It means that those of you who enroll, pay for, and attend this Las Vegas Event will gain exclusive access to these funds for your deals.
Now, to be clear, these funds will act as down payment cash for your deals. So, for instance, if you find a cash flowing property that has a purchase price of $5,000,000 then the down payment requirement (in most cases) will be 20% or $1,000,000.
This is what this cash is for. It's for acquiring property with my investor partners.
Your "cut" on each deal that you submit (that is accepted and purchased for partnership) is 33%. This means 33% of the monthly cash flow and 33% of the gained equity.
Now, what is "gained" equity?
Gained equity is the equity that is gained after the acquisition of the property that does NOT include the equity from the down payment. Using the example above, if your property is $5,000,000 and the down payment is $1,000,000...after the close of escrow (provided that the property appraises at the purchase price), you'll have $1,000,000 in equity from the down payment. That doesn't count.
Gained equity is the equity that is built through appreciation AFTER acquisition. And that's the part you split.
So...say after the 36-month partnership term (which is typical in these deals; sometimes it goes to 5 years) the new appraised value is $7,000,000. This means the "gained" equity from the purchase price (of $5,000,000) and the new value that you sell the property for (at $7,000,000) is a difference of $2,000,000. This is the amount you split. So, it ends up being $330,000 for each million dollars in gained equity...or $660,000 in the above example.
Not too shabby considering that you'll have walked in without putting a penny into the deal.
And, of course, that doesn't include all the cash you made on a monthly basis from the deal before you cashed out at the end.
Right now, we have access to a total of $7,000,000 in cash (even though my website still says $5,000,000) for these partnership deals. This means we can leverage between $30,000,000 and $35,000,000 in deals depending on the down payment requirement. (Most MHP deals require a larger down payment; on the other hand, all of my investor partners have the connections with smaller banks to get up to an 85% LTV on most residential-commercial deals that are stabilized.)
The early-bird deal ends next week. And we may or may not have any more Platinum VIP slots left. (Call the office if you want to enroll as a Platinum VIP to see if there are any slots left. I don't believe there are any more but sometimes we'll have a student cancel unexpectedly.) Our office number is (661) 295-5050.
You can still get Gold VIP at the BOGO deal price!
Remember, seating is limited and it's going fast. If you want to participate in this amazing opportunity that made handful of students into millionaires the last couple of times I've offered this opportunity then DO NOT miss out on this event!
I wanted to share something personal about myself and something I've discovered that has changed the course of my future.
At the last seminar, I discussed (and not at great length) about how years ago I was diagnosed as being bi-polar. Typically with bi-polar, one feels both depressed and super happy (elated) except that I feel mostly the depressed side of things. This is, of course, a daily battle for me.
When my mom passed away in July 2005 (yes, it's quickly coming up on 10 years now), I was so crestfallen and beyond despondent that I started taking any type of numbing prescription medication to numb the pain of her suddenly and unexpectedly departing from my life (long before her time, in my opinion). However, I found that most of these drugs put me in a semi-comatose state.
One particular drug for anxiety that I was taking (called Lexapro) stopped working. However, when I tried getting off the drug, I was reduced to lying in a fetal position in a dark corner, shaking, and sick to my stomach. This is when I fully understood (and could empathize) with what it was like to be a drug addict. Many don't take the drugs to get high anymore; they take the drugs so they don't get deathly ill.
I was very lucky when I got pregnant with my daughter in late 2007. My doctor told me that I had to get off of everything. I feared the result of having to try getting off Lexapro again but found that I was lucky to get a "system reboot," if you will. With the raised hormonal levels in my body, I was able to seamlessly get off the Lexapro without any withdrawal symptoms. (Call it a miracle because that's how I look at it.)
Since then, I've been off every type of prescription medication. I still battle depression but I do it with all-natural remedies. I take a complicated cocktail of herbs and vitamins each morning with a "greens" veggie-based shake. I've found that most of it doesn't really do much for depression. Yes, I take Omega-3, St. John's Wort, SAMe, B-Complex (changing it out with B-12 every so often), and some other base vitamins (including a colon cleanse capsule).
But...I noticed a significant change when I started taking this liquid Vitamin D3 oil. You're only supposed to take one drop per day (which is equal to 4,000 IUs). However, studies have been done where people have curtailed many types of diseases by consuming an "overdose" amount between 50,000 and 100,000 IUs per day. This has also known to help with depression as well. (Even the Mayo Clinic has recommended "overdosing" amounts for a listing of several diseases at this link: http://www.mayoclinic.org/drugs-supplements/vitamin-d/dosing/hrb-20060400.)
Even then, my moods were still "tempermental" and uncontrollable at best. I would basically have to throw a dart at a dartboard each day to see whether I'd feel happy or bitchy. And I hate having that lack of control over my own health and mental well-being.
Then I read something that changed everything. Literally everything!
First, I sort of stumbled on this health "secret" by accident. A couple of years ago I spent a fortune putting an outdoor balcony off my master bedroom that...I never used. And in January of this year I'm like WTF? Why am I not using this awesome balcony where I have a full set of outdoor furniture and a beautiful view of the mountains.
So, as a relaxation tool (mostly), I started sitting outside for at least 30 minutes. I'd have a cold bottle of water and sit there with my sunglasses on. After doing this for a few days, I noticed a major 180-degree in my moods the following day (after spending time in the sun). I felt happy, content, blessed, gracious, and really freaking awesome!
Of course, I thought it was a fluke. It must be my imagination, after all. Right?
This is when I started reading some things on what I'll coin as the Sun-Depression Connection. There is clinical proof and evidence that when the body gets sun, it gives the body 10,000 IUs per 20-30 minutes of sun.
Hell, I didn't need the oily D3 drops (that sometimes hurts my kidneys and liver with dull pains) when I could just sit in the sun for a day full of happiness the next day.
Of course, I had to sit in the sun for a minimum of 30 minutes for it to have any affect. Anything less didn't cut it. And if I could swing an hour, I was home free the next day. I felt like I was on Cloud 9 all the next day if I could get that hour in the day before.
I always tell Ron that I can't survive in Michigan. In California there are a minimum of 330 sunny days per year (minimum...of course, no rain either, which is clearly a problem) but each time I'm in Michigan I'm lucky to see a sliver of the sun for minutes at a time before it disappears.
After a week I start looking at bridges and thinking about what it would be like to jump off...that's how depressed I get sometimes.
If you don't have depression, it's very hard to understand that it's a very real disease. It's not like you can "snap out of it" and stop thinking despondent thoughts. Rather it can consume its victims, especially when the devil on their shoulder starts whispering such awful things (usually in the middle of the night)...I believe this is what happened to Robin Williams. Again, it's a very real disease that is hard to pin down.
Unfortunately, more and more people are starting to feel depressed as we become more disconnected with one another while the pressures of such a fast-paced lifestyle begin to get the better of us. Because of this fact, we need to take time to take better care of ourselves; we need to take time out for ourselves.
If you know anyone who is depressed, tell them to get a minimum of 30 solid minutes in the sun per day. They'll notice the uplifting attitude changes almost immediately. I try to stick to my daily regimen but sometimes working too many hours gets in the way. The next day, of course, everyone has to pay the consequences for my lack of sunshine the day before. And that just sucks for everyone. So when I sit in the sun, I know it's not just for me. It's for my daughter, my staff, and my students, too. It's so that I stop turning into Ms. Hyde.
If you're not depressed, you can probably benefit from this bit of advice even more. If you're already a happy person with a bouncing positive attitude then you'll rule the world with rays of sunshine and happiness if you try this 30-minute daily sun routine.
And if not, worst case, you'll get a bit of a tan.
First, the bad news. It seems that some of my students are using the 100% LTV Bond Funding Program incorrectly and therefore not finding success with the program as they anticipated (and I'll explain why in a second).
But...the good news. I have quite a few students who have successfully closed on deals using the 100% LTV Bond Funding Program since the beginning of this year.
I should also mention that I've closed 2 partnership deals using this program as well so...yes, this works.
Okay, let's talk about the boneheads who can't close using the Bond Funding Program. Why do I so disrespectfully call them boneheads? Because they are boneheads. That's why. They want to blame the system rather than blaming their personal inadequacy in following simple instructions.
And following instructions tends to be a re-occurring theme in whether people are successful in acquiring real estate, or not. (So, maybe -- just maybe -- following directions could be important in every aspect of real estate investing.)
Now, for those of you who are new to the 100% LTV Bond Funding Program, this is a cutting-edge new program where you can get a 100% LTV for your real estate deal provided that the deal is $1,000,000 or over. (It used to be $10 million then $5 million. Now it's down to a million. Pretty cool, huh?)
Essentially bond funding is like a "mutual fund" for private investors. They throw money into a pool, have not much of an idea as to what their money is funding (except that it's for real estate and other businesses), then wait to receive dividends as their money extracts interest. So, basically, this is a loan (as far as you are concerned). And no, this isn't grant money that you don't have to pay back. Again, it's no different than a loan. Period.
So, where do you fit into all of this?
You find a stable cash flowing piece of real estate, do the numbers to make sure it can support a 100% LTV, and then put it under contract.
THEN you submit for your approval on the 100% LTV Bond.
Back to the boneheads I was speaking about.
All of them -- yes ALL -- submitted their deals without being under contract. So, they'd get the approval on the bond but the seller would either (a) raise the asking price or (b) put it under contract with someone else by the time my student(s) had the opportunity to get the property.
Yes, that is what they would refer to as being "half-ass and backwards."
Putting a deal under contract isn't that hard, folks. You simply tell the listing agent exactly what you're doing -- even telling him or her that you're putting 100% cash into the deal with a clause about getting financing if needed -- and then lock it up. Make sure there's a clause where you can back out if you change your mind based on the results of your "final inspection."
And that's it.
Every student that has been successful getting their 100% LTV Bond Funding deal done has had their deal under contract BEFORE submitting in for approval. On the other hand, every student who has lost their deal, has done so because they DIDN'T have their property under contract before they submitted for approval.
Yet, again, they are quick to blame the system instead of blaming themselves for not following the instructions provided.
Here's another little "hang up" for some of my students who, again, don't understand the system in place.
The people funding these bonds need to see that you have 1% to 2% of the purchase price of the property. And my little secret for my students that is NOT supposed to be discussed with the money broker or the bond funding people is that you can use a VOD company to show these funds. A VOD company can show that you have any amount of money in "your" bank account (or an account with your name on it) for a small fee, of course.
So, for a $1 million deal, you'll have to show that you have $10,000 to $20,000 in a bank account somewhere.
And if you don't have it, go to a VOD (verification of deposit) company. Again, this is NOT something you divulge to the money broker or the bond funding people.
By the way, know how to operate a calculator. My money broker got into an argument with a student of mine over the phone who insisted that 2% of $10,000,000 is only $20,000. At this stage in the game, if you can't operate a calculator...just give up now. Don't bother. The rest of the road will be extremely treacherous for you.
One more thing, don't be going after these $10,000,000 deals if you can't show some realistic proof that you know how to manage a property this large. Your range should be between $1,000,000 and $3,000,000. And that's it. You can get your bigger deals later. First show these people that you can manage the property you get through their bond program then get a second and third property progressing up the financial ladder. Last time I checked, working your way UP is by climbing up and not just ending up there by helicopter in an instant with no progression.
This 100% LTV Bond Funding Program can work for buying businesses as well as working with other money-making assets and enterprises as well. It's not just for real estate.
All of this will be laid out including some of the changes that have occurred with the 100% Bond Funding Program, making it even more accessible to people who know how to use the program...at the May 15th and 16th Las Vegas No-Cash-No-Credit 100% LTV Real Estate Boot Camp Seminar.
And if you bring a deal with you (preferably on a printed out Cash Flow Evaluator), the money broker can take a look at your deal on site to see if it's even worth submitting for approval before going to the next step (which is securing it under contract THEN submitting for a formal approval).
This is something that my money broker usually never offers to do but he'll take a look at your deal for you IF you bring it. And he's only offering this option for this next event ONLY so...bring a deal!
I'm already getting very full on Platinum VIP. If you want to come as Platinum, now is the time to register because if you wait until the deadline for my special deal (which ends on Friday, April 10th), Platinum VIP will be sold out by then and you'll have to go on a waiting list.
I'm addicted to Dateline, 20/20 and 48 Hours. I record every episode and watch every morsel of each show every week.
One of the episodes I finally go to watch that was recently recorded was a 20/20 episode about how this guy who was making $200,000 a year as a CFO but lost his job for making some stupid video then posting it on YouTube. Even worse, the video showed what a pompous ass he really was as he was chastising a young lady working at the Chick-fil-A drive-through for working for such a morally incorrect company.
First of all, I don't think ANYBODY ever agrees with their company's beliefs and/or policies 100% of the time. So if everybody quit their job because of these types of belief disparities then there would be a lot of people sitting at home all day watching People's Court and Dr. Phil, unemployed of course.
And second, to belittle this poor young lady who already has a belittling job working for peanuts at some stinking low-grade chicken joint is really out of line. He didn't know what her story was or why she had to work there. Maybe she was a college student working 2 jobs for tuition. Or maybe she's a single parent and needs the job, having found no other options.
Yet, not only does he humiliate her with a string of uncalled for questions about why she's working for such a morally incorrect company but the dummy posts it on YouTube. Why would anyone think that humiliating an innocent person then posting it for everyone in the world to see would be "righteous" in any way?
But, karma is a bitch, as they say. So now Mr. CFO who was making $200,000 a year is on food stamps. Even worse (for him) is that nobody wants to hire him because he's considered a major legal liability. He's been living in poverty for 2 years now since the "incident."
Now his wife has become the breadwinner because he, just like many other formerly-well-paid economic casualties, he's grabbing at straws and can't even squeak out a minimum wage job. (The drive-through employee he was belittling makes more money than he does now.)
This is probably why I never saw any value in climbing the corporate ladder. Apparently somebody gave me a crystal ball because I always said (even when I was a teenager) that there is never any financial security when somebody else is holding all the purse strings while making all the decisions about your career path.
Then Aran Dunlop, my star mobile home park student (who will be speaking in Vegas), sent me an email with a link in it which I thought was interesting. It's a Bloomberg Business article (which is my favorite periodical) about how U.S. home prices are surging 13 times faster than wages. (Here's the article if you care to read it: http://www.bloomberg.com/news/articles/2015-03-26/u-s-home-prices-are-surging-13-times-faster-than-wages.)
Sounds like a losing battle for most Americans.
Most of you know I live in an upper-middle class area. My daughter goes to a public school that gives a private school-quality education. (It's because of parents like me that donate a lot of money to the school.) And her school is starting to panic.
It seems that there are too-few new students who are enrolling into the school. This is presenting a problem because it will interfere with the government funding that they do get.
I started to think about it. You have higher class people who aren't having as many children. You have lower class people pumping out as many kids as they can. (This isn't always the case but it's statistically correct if you check your stats.)
Couple this with the ever-widening separation of the classes that's already been in full swing for the past couple of decades and you have the Perfect Storm pointing to a very near future of only low class and high class...and absolutely nothing in between.
You'll have the home owners of large homes. And the gardeners, maids, and pool boys who tend to them. Nothing in between.
You'll have the luxury car owners who drive the Bentleys. And you'll have the detail services who clean those cars. Nothing in between.
You'll have the wealthy who take high-end vacations. And you'll have the food service workers, cabana boys, and maids who vacuum the rooms while changing the sheets. Nothing in between.
Kind of scary, isn't it?
The middle class is being muscled out bytheday. And as with any shocking, quickly-unfolding disaster, most people will end up on the side that has the most space. This will be, of course, the low class side. My prediction is that 92% will be low class (making less than $50,000 a year), 5% will be upper-middle to high class, 2% will be ultra rich, and 1% will remain the elite wealthy. I'm not sure if the numbers will fall exactly as such but it'll be pretty damn close.
The good news (for you, at least) is that those 5% in the upper-middle class category will be making upwards of $300,000+ per year. Nothing staggering. It's not like you have to clear $1 million or more a year to make that 5% cut. At least not for another couple of decades or so yet.
This is why I teach both Aggressive and Passive Income Strategies. If you follow my business plans and investment strategies, you'll never have to worry about being Mr. CFO who went from making $200,000 to living on food stamps. In fact, if Mr. CFO ever got his head out of his ass**** then he wouldn't have to live like that anymore. Instead of being in a tailspin over the next "job," he can write his own checks and make what he wants with his own business or by investing in passive income real estate.
The problem is that most people are too fearful of taking that step. Instead they keep clicking the send button...sending out yet another resume in search for that Holy Grail "perfect" job (that will never come) and losing their self-confidence with each passing second.
And that's just madness. All over fear of doing something else.
I'm sorry but I'm fearful when somebody else has my future in their hands. That's when I start to freak out. I don't know how anyone can think they are secure in their "good-paying job" when the rug can be pulled out at any time.
Case in point, the former CEO of American Apparel who lost his job recently. Even though he still lives in this gorgeous estate overlooking Los Angeles, he admitted that he's dead broke (and about to lose everything). Instead of finding a new path (or, as I was yelling at him through the TV, "Start your own clothing company, you fool!") he's obsessed with getting his JOB back with American Apparel. However, because he's such a loose cannon (i.e. legal liability), he doesn't realize that American Apparel will NEVER hire him back. (They can't afford to.) Pretty soon he'll be like Mr. CFO...on welfare and food stamps. Too narrow minded to realize the power of being able to write his own check in life.
If you haven't woken up yet...WAKE UP!
The cards are stacked against you and becoming more so as the clock ticks and ticks away. This year of 2015 is supposed to be your year, yet we just closed out the first quarter and you've still done...nothing.
I'm going to be doing a life-changing event on May 15th & 16th in Las Vegas called my 2-day first-ever No-Cash-No-Credit 100% LTV Real Estate Boot Camp Seminar. I'll be presenting a variety of different 100% LTV strategies including how to raise the cash for your deals (and it's much easier than you think). I'll be having more speakers than I usually have, all with cutting-edge information that will blow your mind.
And when you leave, you'll have a clear and concise plan on exactly how to make money in passive income real estate starting with no cash and no credit.
Additionally, you'll be given the opportunity to basically spend $7,000,000 of my investor partner's money on your own real estate deals which can potentially make you a millionaire overnight. And I don't see that there will be many more of these opportunities left with my investor partners...at least not that I can see for right now.
Register for this event right now. Get the Spring Blow Out Deal that will give you some extra bonuses that you won't get when this deal is over.
And start carving out YOUR financial future by writing your OWN check. Stop depending on someone else otherwise the rug can be pulled out at any moment. Even if the rug stays in tact, with as fast as housing prices and other basics going up (in appreciation), how long will you realistically be able to sustain your current lifestyle making what you're making now? Pretty soon the music will stop. And it's doubtful you'll have a chair to sit in when that happens if you remain on this track.
