I got an email today from my investor partner in Texas. They closed on a $4.69 million apartment building today. He also made note that, because only 9 closed out of the 13 total that were under contract, we fell short of making our mark. His goal was to use up the $9 million for down payment money which, if you do the math, you can use that amount as a 20% down payment for a total of $45 million in property.
And that didn't happen. We didn't make the goal.
In fact, I did the tally today and this is what we were able to close on for the partnership opportunity presented this past November in Detroit. The lowest priced property was $760,000 and the highest was that "Big Boy" deal in Texas at $12.4 million, making my one student a multi-millionaire overnight.
Why didn't 4 of the 13 deals close?
Due diligence issues, as always. When we are in escrow on a property, we do something called due diligence. This is when the appraisal is done, we send out a building inspector, and we have financial records analyzed for accuracy. (It's during the financial records analysis that's when the majority of these deals will fall apart.)
Case in point, on one deal they swore in writing that the property had a 92% seasoned occupancy level. Come to find out that it was a 78% occupancy level which disallowed us from qualifying for the bank financing which requires an 85% occupancy level. So, that property fell out of escrow the moment we found that out.
The other 3 fell out because one didn't make the appraised value and the seller wasn't willing to come down on the asking price, one had a major structural/foundation problem that was beyond what a general contractor (GC) could fix, and one had a termite problem where two of the units had so much wood damage that it would have been more than a gut-to-the-studs rehab job to correct the situation AFTER every tenant would have to be relocated to tent the building for several days to remediate the little wood-eating pests.
I mentioned to my investor partner that we came up short on the goal. He said he was going to go through some deals that were submitted by my students to see if he can find anything worthwhile to pursue in place of those "lost" deals. (So, if you were a student who attended the Detroit event and had a deal "in waiting" then you may receive a phone call from my investor partner if he's interested in moving forward on your deal...if the deal is still available! He has an assistant that double-checks all that stuff.)
If he can't find anything worthwhile in the pile of deals he has that were submitted, he's willing to put up the remaining balance...which will be between $2.5 and $3 million. (I'll know more in the next few weeks.)
Right now, I have 2 other investor partners who are going to be putting up down payment money on investor partnership deals for those who attend my May Vegas 2-day event (May 15th & 16th). One partner is putting up $3 million for MHP deals. The other is putting up $2 million for both MHPs and small apartment buildings.
And if I can get a commitment from my Texas investor for the $3 million then we'll have a total of $8 million in down payment cash for my students who attend the Vegas event. (However, to be clear, I only have a commitment of $5 million so far which means we can leverage about $22 million to $25 million in property (since MHP deals require a higher down payment, typically).
If I get the remaining $3 million, we can add $15 million more to leverage (using the cash as a down payment since this investor acquires multifamily residential-commercial ONLY which typically require 20% down). Again...that's IF he allows me to do this with him.
I have to admit that receiving investor partnership deals, reviewing them, then forwarding them over to my investor is very taxing on both myself and my investor. I have to deal with my students who either (a) want to give me a hard time or ask me every 5 seconds if I had heard anything back, or (b) don't want to submit the stuff correctly and I have to keep sending it back to get corrections done. It's taxing on my investor too because he has to sift through hundreds of submissions, sometimes sending a note back to me for clarification on something. Then, in turn, my student doesn't respond with the clarification points or gives the wrong information...or the deal isn't available anymore.
There's so much involved in all this. And THAT is why I limit this to only those who attend certain select events. I need my students to understand the methodologies of how the program works including where to look for deals and how to submit the deals for acceptance. I know, it's not fair, right? It's not fair that if you don't attend the event, you can't participate in the investor partnership opportunity but...oh, well. It's my show and I can run it any way I want to.
Welcome to the Big Bad World of Investment Real Estate. It's not fair but it can be very lucrative and profitable for those willing to play the game.
I have a Spring Blow Out going on right now that gives you basement-bottom pricing for this event (that is the lowest possible pricing threshold) PLUS I'm giving away my brand new No-Cash-No-Credit 100% LTV System (to be released and shipped the first week of May) for F*R*E*E. This course is special because it includes all the legal elements of doing a land trust/contract lease-option deal. This is also why it's taking longer than anticipated to release this course...to ensure that ALL of the legal elements are included and based on the advice given to me by legal counsel.
P.S. Platinum VIP is already getting full and I barely started marketing this event this week. If you have any interest in having a blast with us in Vegas, sign up for Platinum VIP now. To hold a spot, it's only $100. Call my office now at (661) 295-5050.
Today marks the day of the "changing of the guards." After my very powerful, mind-blowing 2-day Internet Cash Flow Boot Camp Seminar where I presented 20 years of marketing INCLUDING the most cutting-edge and highly profitable home-business strategies, I decided that it would be my first, only, and last event of its kind. This event took a lot out of me especially since I presented much more information and secrets that I ever intended. And because of that reason...I'm done with presenting it.
For those of you who are truly interested in starting a cash flowing Aggressive Income Business from home that will make a MINIMUM of $20,000 a month IF you follow my basic instructions provided in my event, you can't miss out on these videos. But today is the last day. After today, the price will nearly double and...well, that sucks. (Please note that we have payment plan options for this DVD set PLUS there is a 60-day money-back guarantee which takes the "risk" out of the equation, if there is any on your part.)
So, it is...take it or leave it. Decide if having a solid Aggressive Income home-based business is important to you or not. If it is, great. If not, then let's move on.
Now...
Herein, we officially close out my reign of focus on Aggressive Income Strategies! BOOM! [Sound of wooden gavel.]
Time to focus on the rest of 2015 which is truly amazing, exciting, and will blow your mind!
Let's talk about Vegas. Yes, Vegas.Sin City!
And this time I WON'T be drugged like last time (from the bar at the Rio). (I'll make sure I don't go anywhere "risky" in Vegas before the event starts.)
Okay, so here's the deal. I'm offering something special up for Spring 2015!
I have my BOGO Gold VIP deal for my upcoming Vegas event where I'll be talking for 2 days about 100% LTV real estate investing in cash flowing real estate deals. This is on top of the lowest early-bird pricing I can possibly offer for this event.
Plus...
All Gold and Platinum VIPs will get the 2015 BRAND NEW No-Cash-No-Credit 100% LTV Course which is ALL about 100% LTV real estate investing. It's the first and ONLY course of its kind. This course includes a brand new upgraded resource directory. It also includes $895 worth of legal contracts as well as all the laws for every state as it pertains to land trusts/contracts. And I'll ship this entire course out to you the first week of May without you paying a cent for it when you register for either Gold or Platinum VIP for my upcoming May Vegas event.
Plus...
I'm starting my next wildly successful100% LTV Mentorship Group on April 15th. Everyone who registers for the seminar will be automatically enrolled into this group for F*R*E*E!
At the Gold VIP level, you're essentially getting about $3,000 worth of stuff for a small fraction of that price.
And if you're not sure you want to come to Vegas on May 15th & 16th, call our office to put in a $100 hold deposit so that you can lock in all the goodies and the low pricing on the event plus making sure that you get a seat in the event that we get close to selling out.
By the way, I'm already running out of room for Platinum VIP and I didn't even start advertising this event till today so...if you want to join us for an exciting couple of nights out in Vegas with dinner (Friday and Saturday night) then you'll definitely want to sign up for Platinum VIP while you have the chance. We max out at 20 and we already have 14 people booked in.
Check it out. Listen to the audio seminar. Read the listing of speakers I'll have. They'll be myself speaking (as always) plus 3 others and I may have 1 more coming in.
This will be a very powerful event because I didn't mention the best part yet:
I have $5,000,000 in funds pre-committed for investor-partnership deals and there's a strong possibility that I'll get another $3,000,000 by the time May hits. All of this cash will be used as down payment funds for partnership deals for ONLY those students to attend this event. Yep, that's right. You have to actually get off your ass and come to this event to be able to participate in this partnership opportunity.
I'm actually a little ecstatic right now. You see, this is the last time (for awhile anyway) that I'll be talking about Aggressive Income Strategies in relation to starting a business to get cash for Passive Income...or to quit that sucky job that's extracting the last bit of life out of you.
Why is it the last time?
Because my plan is to focus on Passive Income Strategies as well as other real estate related training. This, of course, includes everything credit related, raising capital, and even partnership opportunities coming your way. Exciting stuff, I know!
Many of you know that I'm a serial entrepreneur and I've been working both Aggressive and Passive Income Strategies since 1995. Yes, it's been 20 years this year. I first started with a simple mail order business earlier that year. By the fall of that same year, I bought my first piece of property that kicked off a long career in real estate investing.
Although my initial real estate investing was either very low or no money down, I found that I had much more leverage in the real estate market when I was able to inject more money into a deal whether it be for the down payment, rehab, or both. At the time, I was focusing mostly on real estate flipping. This was way before us investors had access to something called "wet" funds or transactional funding for flips. Back then, we had to finance the deal ourselves as well as come up with the cash to rehab the properties. This was also way before business credit was readily accessible to "average" business people who didn't have a Fortune 500 company.
Yes, things were much harder back then.
What helped me build my flipping business after I got rolling and when the market started getting really competitive (into the thick of the Clinton era when the economy started flowing), I was really fortunate during this time to have a successful cash flowing business to help me maximize my success on the real estate front.
I was also lucky that I didn't have to succumb to a brain-draining dead-end job where I would have to waste my life away trading hours for paltry dollars. This alone allowed me to excel as an entrepreneur and investor because I didn't have anybody's office cubicle walls reminding me daily of my real-world limitations...because I didn't have any limitations. I wrote my own check through life. And I haven't stopped writing those checks ever since.
I've been in the entrepreneur game for 20 years. I've learned a lot about marketing and I'm considered one of the top copywriters in the entire country. To consolidate 20 years of knowledge into an easy-to-use compact format while injecting all of the most cutting edge Internet marketing strategies that I've learned in the past couple of years was very difficult.
But I did it. And I won't do it again.
Having an Aggressive Income Business isn't for everyone. But it DOES make life a whole hell of a lot easier. It allows you to quit that energy-sucking job that's killing your very life force. It allows you to have cash to inject into property deals so you can start getting that Passive Income cash flow right away.
And if anything, it alleviates that intense ultra-heavy stress that dictates how you feel in every cell of your being because when you're suffering financially, you're unnecessarily taxing your body, mind, and spirit at the same time.
And talking about doing it "someday," well...there is no someday. Someday is now. Right now! Because if you think about it, how fast does a year go by? Five years? A decade? All too fast! Just think, the year just started and I'm already planning my dates for the fall. Then it'll be Christmas. A New Year. Another year gone. Just like that.
The main problem with Aggressive Income (and why I don't want to teach it anymore) is that it changes a lot in a short period of time because of the way things are online. It's not difficult for me to keep up with the changes; it's difficult to teach it. Unfortunately, most of what I taught my students in my last 2-day seminar will be obsolete in the next couple of years.
What I want to see my students do is get in and get out. Start a business, make money like gangbusters, sink the cash into real estate, then get out of your Aggressive Business...enjoying the Passive Income your real estate will bring to you for the rest of your life.
And that's it.
Yes, it's really that simple.
So, if you want to take advantage of this short-lived yet highly powerful Aggressive Income Strategy then you have one shot left. Here it is: http://www.monicamain.com/icf_boot_camp_videos
The deal on these videos ends tomorrow. If you have questions, call my office after 9am Pacific Time at (661) 295-5050.
There are thousands of books out there about success, wealth attraction, laws of attraction, and business. But the bottom line is that if you don't implement one single secret, success will never come to you on any level nor in any way whatsoever.
So, what is that one single success secret?
Action.
That's right. Plain Jane, old-fashioned action.
When I was first studying different law of attraction strategies, I did all the visualization, affirmations, changing my "feeling" states, and everything in between but nothing ever happened for me until I started taking action.
And not just any action. No. Just doing anything won't fit the bill.
You have to have a very specific strategy in place including having an action plan that coincides directly with the end-goal you have in mind.
And then taking action on the plan, in order, and until the goal is completed.
Obvious, right?
Then why is it that many people don't understand this basic rule of success and wealth achievement?
I think there's a sense of mystique and enigma when people believe that super successful people hold some magical quality that the rest of us cannot possess. It makes it seem unattainable while giving people an excuse not to forge ahead or command success in their life.
Yes, part of that magical success secret is commanding and expecting success to happen in your life. The other essential element is taking action. That, of course, is the part that most people don't like to hear.
If you've gotten the chance to study self-made multi-millionaires and billionaires, you'll have noticed that many are workaholics. They like working around the clock and consider it fun. In fact, many would prefer to work than to go on vacation or do anything that commoners consider to be fun.
Herein lies the problem: Most average folk simply don't want to work, have no specific success plan, and psyche themselves out of starting a successful business before they begin; they convince themselves that it's "too hard" or that they will "fail" so they never do anything at all.
But...what if someone (me) created the maximum leverage money-making plan for average folks who want to make money now but don't have a lot of resources, time, or even the confidence in themselves to pull off something "big" for a business?
Good news! I happen to have that maximum-leverage/minimal-resource plan precisely for those who may fall into one (or more) of the following categories:
Numb Skull: I have a good percentage of my students who are dumber than a bag of hammers but these people happen to be those who are too stupid to have the basic "fear" elements that hold my "Smarties" back. So, I actually have a larger percentage of my "Numb Skull" students become successful in both Aggressive and Passive Income Businesses I offer due to their inability to respond to fear or basic cause-and-effect analysis. If you fall into this category, GOOD! It means the success road ahead will be fairly simple.
Flaky Screwball: These are people who never know one day to the next what they want to do with their lives. First they want to start a business then the next day they're okay devoting the rest of their days to The Man then the next day they want to jump into real estate investing. After that, a network marketing "opportunity" will catch their eye. After a couple of years (or decades) of this, they equate "business" or "investing" with "plans that don't work" because they can't stay on the fence or on course with anything long enough to make anything work. The fault is within them and not with most business or investing systems. If you fall into this category, screw your head on straight, pick ONE THING you want to do, write out your action plan, and then stay on course until you attain your goal.
Smarty: My doctors, dentists, lawyers, engineers, and others who have a "smart" (and usually high-paying) career are my "Smarties." They over-analyze everything to the point of beating it to a pulp or until they're fairly convinced that they shouldn't move forward because it must be too good to be true. The other problem is that many have a "textbook mentality" whereas they don't understand the basic economics behind investing or business and why it's important. Anything beyond getting an IRA or CD at the bank is way beyond what they believe they should be doing to secure their retirement years in place. The biggest obstacle (for those who finally do make a breakthrough and figure this business and investing stuff out) is to get them to understand that their analysis of financial forecasts are correct (and not "too good to be true") so they simply have to move forward without getting cold feet (especially at the last minute). Easier said than done, I know.
Here's the good news in all this: I've created all the elements you need to be successful in an Aggressive Income Business model by including the what, the how, the why, the where and the when of all of it. Not only do I tell you exactly what you'll do doing but exactly how to do it and when you'll be making what types of cash.
No waffling can happen. No confusion will occur. And for my "Smarties" who like to over-analyze, you can analyze and calculate all you want. In fact, I hope you do because once you uncover how much money you can make doing this, your brain will probably drop out of your skull in shock and amazement.
For those of you looking for an in-your-pocket net profit income of anywhere from $20,000 to $50,000 a month, you need to be working this plan that I have laid out.
What's the plan, you ask?
Easy. Internet Cash Flow. And I laid it out in a thorough 2-day event that's now on video.
You may want to take a look at all the testimonials that are there too. It will motivate you and help you understand the earth-shaking magnitude of the high-powered maximum-leverage money-making information that you're about to be exposed to.
Last Friday I saw an omen. I saw a coyote in broad daylight on my way to work. I even saw his eyes...a yellow-brown color.
And I knew the sh** was about to hit the fan because coyote medicine has never been a good omen for me.
Yesterday I get that awesome letter from the IRS that we all look forward to with baited breath. And this one is going to tell me that they're taking all of my tax refund for a debt from 2000 that I paid off more than 10 years ago.
Except here's the problem: All of my records from that time frame have been purged. After all, "they" (the government themselves) say that you only have to keep records for a max of 10 years before "safely" getting rid of them because they're of no use anymore, right?
Well, folks, that's the scam. Right there. Because what the IRS and the Department of Treasury won't tell you is that any "debt" they deem you owe with them will NEVER expire. It can be a 50-year-old debt (or older) and it will never expire, never go away, and apparently after you pay it and "safely" purge your old records from over a decade ago (because they disappeared, as many bill collectors will after they are paid in full), they will resurface like the gigantic destructive sea serpents they are to collect on a debt that, they'll claim, you never paid.
"Oh, you don't have any proof of that payment back over 10 years ago? Oh, well. I guess you'll just have to pay it again then."
Beware! This is the latest IRS and Department of Treasury scam. And who are you to (a) fight the government, and (b) have any proof even that this debt was paid?
Even worse, the IRS is seizing the bank accounts of anyone who is foreign (but legally here) who owns a legitimate mostly-cash based business because, well..."Didn't know know the IRS laws surrounding cash deposits into your bank accounts? Oh no? You didn't? Well, I guess you're running an illegal operation so...we'll be taking that money. Thank you very much."
Doesn't matter that these people are running a completely legal above-board convenience store in their community where most people pay for things in cash. The government doesn't want people paying with cash. Gives them less seizing control over the money when they're broke and need it most. And they'll pick on foreigners who don't know they have any rights.
Like now. The U.S. Government is not doing really well financially. In fact, after now dealing with this new-old IRS issue from 15 years ago, I'm quickly starting to realize that the government is in the Rob-Peter-to-Pay-Paul mode as to disguise how devastating the cash-crunch situation is with our country. I think the money situation within our government is much worse than they'll ever lead anyone onto believing.
So, the strategy: Since they have to pay for an over-bloated defense budget coupled with keeping the freeloaders on welfare dependent on the system, they have to steal that money from somewhere. And it's going to be in a way where they can target the weakest links: foreigners with cash businesses and anyone with old debts with any government agency/department who wouldn't possibly have records of these debts being paid off.
And that could be you. Especially if you had an old IRS debt that you paid off. Don't be surprised that AFTER you threw away that proof of that debt being paid, all of a sudden they come back to haunt you, stating that you didn't pay a single cent toward it.
This is basically what my sweet IRS letter was about. Even worse, they won't tell me what I "owe" and refuse to give me an itemization of anything.
Now I have to have an attorney step in and deal with it.
Did you know that most Americans can't afford an attorney to deal with situations like this? Again, this is something else the IRS and Department of Treasury will bank on. It's a numbers game. They know that about 90% or higher of the people they harass and seize money from won't have the financial ability to fight it by hiring an attorney. Some will (less than 10% or probably an even lower percentage) but most won't have the resources, especially after the government will steal the resources from them.
Here's a tip: If you're like most Americans who have had issues with the IRS, make sure you NEVER throw away ANY of those records. I don't care about the 10-year rule. No rules apply to the U.S. Government, as you should well know by now. (They are hitting me with something that's 15 years old thismonth...and I have no proof to show that they've been paid in full. Not a scrap of paper. And I can't even go to my bank to get the cashier's check because the bank purged that our of their system at the 10-year mark. How f****** convenient for the IRS, right??) So, save those records, including tax returns, FOREVER!!
You know...I was just thinking about something last night and I actually had a one-second panic attack. I'm like, "Holy shit, I'm not going to get Social Security because of this!" And then I started laughing at the ridiculousness. Maybe it's because my monthly SS may be about $1,200 a month (give or take) by then. And what the hell am I going to do with $1,200 a month? By then I'll probably need a minimum of $10,000 a month just to survive.
I suddenly envisioned myself making pies and selling them on a street corner which would make well over what SS would pay me...since I won't ever qualify to get that money. Forget how I've worked since I was 14, paying into this pot before most people even think about getting a job. Or that I'm an American citizen. I simply won't get it. (We have to make sure the freeloading welfare recipients keep getting paid, you know. Doesn't matter if they're legal or not. Meanwhile hard-working Americans have to keep feeding these deadbeats.)
And you want to know something? I actually didn't care about the notion of working till I die. In fact, I sort of expected that this would be the case. I'd have more than enough in passive income anyway to keep me afloat so I didn't have to sell pies (or crack) on a street corner when I'm 82 years old. My only fear -- and this is a very real fear -- is that I won't be mentally stable enough to pull this off? Will I have dementia or Alzheimer's disease and I won't be able to perform on any type of commerce level? That was my only real fear in all this because I don't mind working till I drop dead.
The other fear was...will I really live till 82 or longer? What a drag that would be along with all the other "benefits" of being that old including crapping my pants and not being able to walk to the mail box without breaking my hip.
Most of you know that I just did my 2-day Internet Cash Flow Boot Camp Seminar. It was a very intense event. I have to admit that it's been the hardest and most intellectually taxing event I've done in many years because of how in-depth my presentation was. I left no stone unturned. Every single detail one would need to start an Internet business from scratch was revealed.
But I will warn you. This information is both cutting-edge but short-lived. It'll help you build a multi-million-dollar business between now and a few years from now but after that...you'll have to learn a whole new set of marketing strategies by 2018 to fit with our ever-changing New Economy.
I had a kick-ass event. Lots of testimonials (which I'll put up in a few days). Lots of amazing wealth-building strategies that, guaranteed, NO ONE will ever show you. I packed 20 years of marketing experience with the most cutting-edge Internet marketing strategies into 2 short days.
And it can make you very wealthy IF you follow the steps exactly as I lay out.
Also, I didn't officially start marketing my upcoming event for Vegas on May 15th and 16th but it's my first 2-day No-Cash-No-Credit 100% LTV Real Estate Cash Flow Boot Camp Seminar. (Say that 10 times in a row!) I already have 26 people registered and I didn't even tell anyone (except my Internet seminar attendees) yet. Vegas will be awesome and I absolutely cannot wait. And yes, I have another kick-ass partnership opportunity to present that will ONLY be applicable (and usable) to those who attend this phenomenal event. So, clear your schedule for this kick-ass upcoming seminar!
The other day I was playing a ball game in the street with my little girl. She likes playing with me with these "scoop" things and a Wiffle ball. She drew these 2 circles, one for me and one for her to stand in. Then she wanted to keep score with chalk on the sidewalk using a "scoring" system that she could understand, heavily weighing in her favor of course.
So, I started adding things to this "scoring" system. Such as, if you step out of the circle, you lose a point, even if it's my fault that I throw the ball in such a way to force you out of the circle. Then I added even more. If it takes more than 3 seconds to get the ball, you lose 2 points. I added something else that would make her lose 10 points if she offended the rule. Before the game really started, she was already in "debt" to the scoring system. It was getting so ridiculous that she slowly started to see that she couldn't ever win in this losing game I was setting up for her. This caused her to disregard my scoring system altogether. (Smart girl.)
I started to think about it. This is exactly how the "money system" is set up for the Average Joes of America. It's set up so that we all lose UNLESS we're rich, powerful, and elite. This game is actually very well articulated for you to lose. It has been set up this way for about 100 years and probably was in the "planning works" by the powerful and elite long before it was successfully implemented.
Even worse, most people to this day still don't know that the odds of them scratching and clawing their way out of this avalanche of new laws, rules, and regulations to keep people poor is getting harder and more impossible by the day.
Take a step back and look at it. Analyze what's going on here. Understanding what the few powerful families of the entire world are setting you up for.
Every one of us was designed and trained to become a slave for the purposes of supporting only a handful of super wealthy families. No, it's not as obvious as it used to be when our grandparents were working assembly line jobs in a dead-end factory (that's been long put out of business thanks to China). Instead, we're blinded by what's really going on with distractions such as the latest iPhone release, video games, endless amounts of "stuff" to watch on television (I just learned what "binge watching" means the other day), and any other distraction you can think of. If only we'd take a few hours to actually sit, ponder, and think about the "bigger picture" on what's really going on.
Of course, there's not much you can do about the momentum of how the ultra-wealthy have gained and sustained control over the mass population over the past century or two but what you CAN do is take control over your own future.
The first thing you can do is...stop watching so much freaking television, especially the news. This is numbing your brain into a dummy-ville state. Stop it. Lay off the iPad and the video games, too. This is putting you into a non-existent fantasy land that will only disservice your ability to think creatively as time goes on.
The second thing you can do is...start reading some reallygood financial magazines. My all-time favorite is Bloomberg Businessweek. I also like Forbes and The Economist. Reading only these three (or just Bloomberg alone) will keep you ahead of the curve on rapidly developing changes. Students often ask me how I just "know" things about real estate and different trends/changes. It's because I read and I don't watch the useless news anymore, that's why.
The third thing you can do is...understand how "financial leverage" works and how you can use it yourself. The worst thing that most Average Joes fall for is the "scam" get-rich-quick business model that, at the end of the day, yields exactly nothing for them. This includes MLM schemes, envelope stuffing, chain letters, or anything else that promotes ultimate laziness while they are supposedly going to get super rich overnight (by doing nothing at all, of course). None of these things work. They aren't designed to work for you. What they are designed for is to give you hope, let you fail, and then make you feel "burned" so you don't step out of line or even think about climbing out of those salt mines that the ultra rich want to keep you enslaved in.
The most powerful form of leverage that I learned about is being able to tap into other people's money (OPM) through credit. Even more powerful, I learned the "credit on steroids" secret by understanding how business credit works.
Do you want to know what's so sinful about people's basic understanding of economics? Here it is: Average Joes are NOT taught the things that can make them successful entrepreneurs and investors. They are taught about everything else except these things.
A couple of weeks ago my daughter was learning about Lincoln. They are even teaching 6- and 7-year-olds about how Lincoln was shot in the head by a guy named Booth. I'm thing...WTF? I went a step further and gave my daughter's teacher a picture of my daughter standing in front of the ACTUAL CHAIR where Lincoln was shot. (It's in the Henry Ford Museum in Detroit. And yes, there's still blood on the chair!)
But I started to think about it. Who f****** cares about Lincoln getting assassinated? What about the economic cycles tied to the Civil War during that time? Or anything that could be remotely useful about why the guy got shot in the head?
Each time I sign in to bring my daughter into the school, I look at the analog clock and spend several seconds trying to remember how to tell time with such an antiquated device. I don't bother balancing my checkbook, ever. The only reason I leave generous tips at restaurants (usually in 10s) is because I can't add worth a shit and just about everyone says that they can't read my handwriting.
But I have a unique understanding of what's going on "behind the scenes" when it comes to economic cycles and the economy at large. (No, I can't predict everything but neither can the highest regarded economic scholars either.)
This, my friend, is ALL that matters if you want to not only survive (financially) but to THRIVE in our current New Economy.
Part of this has to do with understanding how to leverage OPM. The only two (2) ways that I know how to do this is by (1) building business credit, and (2) raising funds through investor partnerships.
I've learned both very well. And so can you.
Ignorance is the first obstacle to overcome, as this information wasn't for the Average Joe like you and me to ever sink our claws into. This is the obstacle that I am here to help you overcome.
Getting access to hundreds of thousands of dollars in unsecured business credit isn't hard to do but it can be tricky. First of all, you can't make any mistakes when setting everything up for this endeavor. Second, you have to follow suit with a specific strict set of action steps. If you screw up any step or decide to screw it off (and not do it) then your business building activities will suffer drastically. Third, this doesn't happen overnight. (Sorry, impatient Americans who want everything today but...to do this correctly will take a few months!)
Think of it this way, though. To have access to, in the very least, tens of thousands of dollars (by doing a half-assed job) and up to hundreds of thousands of dollars in unsecured business credit in only a few months is amazing. It'll be summer time then. You'll be a few months older. But you'll have MORE leverage than you have now.
So, what do you do with all this credit? You put it into money-making instruments such as passive income real estate (ideally) or to fund a new business or for other types of investments. This is how the rich get richer, folks. It's because they get OPM to allow themselves to get wealthy while the Average Joe wonders how he/she can make more money by trading hours for dollars. And that is NOT to right way get wealthy. Using OPM for passive income assets and investments is how you do it.
Time for you to stop accepting the "worker bee" programming "they" installed in you from the moment you entered the school system and start using some of these incredible financial secrets so you can enjoy a piece of this wealth pie that you deserve to have!
Last week my daughter had a $20 bill in her lunch sack. I asked her where she got it from. She said that some first-grader wanted her 3 Oreo cookies at lunch and gave her $20 for them. I knew the "right" thing to say was to tell her to return the money but I smiled knowing that my little girl is already showing signs of being an entrepreneur.
I think about all the things I wish I knew when I was first starting off as an entrepreneur, namely about being able to expand quickly through the use of OPM or other people's money. I always hit a "glass ceiling" with everything I was doing when I first started out in business...20 years ago this year, actually! (Time really does fly!)
I have to say that the biggest, most valuable thing that I know now that I didn't know then was about credit. Yes, the only significant "life lesson" my mother ever taught me was to "take good care" of my personal credit. But what about going a step beyond that? What about business credit?
I knew nothing about such things. Nothing at all. Not at that time.
And because of my lack of knowledge, I struggled my ass off with both investing and business because I didn't know how to tap into OPM (other people's money) quickly and easily. I thought that OPM was reserved for the wealthy, established business people, or people who already had money or assets to use as collateral for getting loans and credit.
Boy, was I wrong!
One thing that's unfolded quickly over the past decade -- and even more radically over the past 36 months -- is access to something called business credit. And no, this access is NOT reserved only for the wealthy with assets to use as collateral but rather anyone who knows how to access these funds.
Except the problem is, most "Average Joes" have no idea how to access these funds that are ready to be lent out for those who know how to tap into this credit. Little do they know that it's quite accessible when you understand the simple process needed to gain access to this money.
(I should mention that, for the most part, I'm all for a lot of your John Q. Citizens to never get access to this money otherwise they'll probably end up ruining it for everything. Part of what Rockefeller aimed for back in the day was to keep the lowly "worker bee" completely ignorant of being able to climb the ladder into wealth because, without these worker bees, the rich can't get richer. This is how and why we are all trained at a very young age to go to school on a strict schedule, follow orders, work your way up the ladder, don't question authority, and don't buck the system. Because of this antiquated system, it's "trained" most average people to think like average lowly worker bees which doesn't include understanding how to be fiscally/financially responsible. Therefore, if you are one of these people who embark on a path of gaining access to hundreds of thousands of dollars in this available unsecured credit, you MUST use this money responsibility. You must use this to either invest or build a business...or both!)
It wasn't until the early 2000s when I discovered the power of building business credit. In 2003 I had to file for a personal bankruptcy which I regret even to this day (although it's long gone off my credit report, it still comes up with lenders). (This was based on poor legal advice doled out by a sleazy attorney who wanted me to file so he could get paid.) My first husband wracked up a bunch of debt after our divorce that I was tied to. Knowing what I know now, I could have easily and quickly had all of those debts removed but...as they say, young and dumb. Or rather young and uneducated about things like this.
After my bankruptcy, I learned everything I could about fixing and rebuilding personal credit. It was during this "rampage" that I stumbled on the concept of business credit. And it was through a late-night infomercial from a blow hard named Ray Reynolds. (Ever heard of that guy.) I bought his course, learned next to nothing about building business credit from it, but I was first "clued in"on this new world of credit that is NEVER talked about among "Average Joes" like you and me. (We were never meant to know about this powerful OPM leverage that only the rich use to continue building massive wealth.)
I also found that there wasn't any legitimate information out there about building business credit. I had to essentially figure it all out on my own.
Then things drastically shifted about 3 years ago between banks lightening up lending for businesses (to encourage economic growth) while a much more efficient business credit reporting system went into full swing. Between these two elements of the "perfect storm" it now allows for people to gain even quicker access to business credit, even with newly formed corporations!
For those of you who need access to money for real estate, business, and investments then you need to listen to this audio seminar now: http://www.monicamain.com/biz_credit_mentorship_deal
In only a few months -- by this summer -- you can start experiencing the SAME OPM leverage that rich people can access. You can start getting richer, just like they are. If you don't, you'll probably end up getting poorer just like the masses, especially as the middle class dwindles down to nothing. (My theory is that there will be 2 classes left in the next couple of decades: poor and wealthy. Which one do you want to be in?)
See you at the top!
Your mentor,
Monica Main
www.MonicaMain.com
P.S. We're on the March seminar final count down. You have only 7 days left before enrollment closes and we begin the event. We also only have 4 seats left. Click on this link if you want to attend this mind-blowing upcoming Aggressive Income Strategy event in Los Angeles on March 14th and 15th: http://www.monicamain.com/internet_cash_flow_event_in_la
I was on a conference call with my agent for almost 2 hours yesterday. Yes, I have an agent. For those of you who have no idea what this means, when an author wants to get a book deal (or sell a screenplay or is an actor or even athletes) an agent comes in handy. They help you get a book deal and other relevant contracts.
So, this is what's happening with me. I got an agent back in December from a book proposal I had sent out last July. It was sitting in a "slush" pile when this agent picked it up and thought it was the most awesome thing since sliced bread. (Well...not really but he did say it was one of the best he's seen in recent years. I'm not sure if that's saying a lot or not.)
After much legal back and forth, I ended up in a contract with this agent and yesterday I was informed that we are going forth with the original book (that was in the proposal) along with a couple of others "to start."
Since publishing has changed so much since the recent collapse of our economy, many publishers are scrambling to figure out how they can turn a profit while figuring out the new forefront of publishing which has gone heavily digital in today's day and age. Of course, this makes the Big 6 (as they call it) publishing companies very hesitant in publishing anything that isn't "mainstream" enough. In other words, if your name isn't Hillary Clinton or Oprah Winfrey, forget getting anything published for the next handful of years until they figure out this New Publishing Market (which is part of the New Economic Culture we're experiencing right now).
I love change. I like when old outdated institutions are sent out to the pasture to retire (and ultimately die) while new, more efficient methodologies are put into action. And this is precisely what's happening with publishing (and many other industries). I'm really excited to be part of the "New Publishing" which is unfolding as we speak.
So, what's the bottom line in all this? What's the "big news" that I'm eluding to here?
I'm going more mainstream. I decided that I have a responsibility to my students and to those who are seeking financial independence using passive income assets to accomplish this in getting the RIGHT education. I'm so sick of all these "gurus" running around throwing out real estate books that teach you exactly nothing or, even worse, putting you on the wrong track altogether. That's doing a major disservice to the mass population as a whole and I don't want to be one of them.
For many years I've been sitting on the fence on what I want to do. I could retire at any time but, as I've indicated before, I really have nothing else that's worthwhile to do. What am I going to do? Sit at home by the pool all day? Turn out screenplays while going mad because I'm alone most of every day? (I feel like I want to blow my brains out just thinking about it!)
I have to do something meaningful that can be helpful and life-changing to others. I have to teach and help more people. I'm good at it. I like doing it. And I want to do it on a larger scale. (Move over Suze Orman!)
And it's my time to break out and do it now!
So, that's my big news. I'm going more mainstream with publishing mainstream books. I've finally gotten clear in what my direction needs to be and now it's time to go full throttle ahead.
Good news, I'll be able to help more people. Bad news, I'll become less and less accessible as time goes on.
My recommendation to you is that you use me for as much as possible and for as long as I'm around to be able to personally answer emails, doing webinars and IM sessions, etc. As time goes on, my personal accessibility will have to be less.
Also, I will have to narrow down my focus to concentrate on what I do best which is real estate investing. (This also includes other applicable components such as building business credit and raising capital.)
This will be the time for me to mention that my last bit of training on Aggressive Income Strategies will be ending. My last 100% Aggressive Income Event will be next month on March 14th and 15th in Los Angeles. After this time, I won't be divulging anymore Aggressive Income Strategies, as I will be focusing on Passive Income Strategies from that time forward.
All of you know I'm a pretty good marketer. Many of you may or may not know that I've made millions from the Internet and I make a consistent fortune using the Internet as a marketing tool. However, because of my new career direction for training and teaching, it would be wise on my part to stop divulging my Internet secrets (otherwise competitors will find it too easy to copy me). This is why my Internet Cash Flow Boot Camp Seminar will be the last of its kind.
The early-bird deal ends tomorrow then the registration price goes way up. This is basically your last chance to get in on this one-time-only event at the lowest price possible.
About a month ago a student of mine brought to my attention that he was receiving emails from me about some type of MLM binary profit sham...and asked me if I really had something to do with such a sham.
Answer: NO! Or rather [BLEEP] NO!!
For those of you who know me well enough, you'd know that I've uncovered the full thrust of the "network marketing" or MLM scam about a decade ago and that I do NOT recommend anything MLM related anymore. So no, the email about some type of "binary paycheck deal" is NOT from me.
This would have been about the same time that I learned that people are copying and reselling my products online as downloads, on eBay, and in many other places that I can't even fathom right now.
Unfortunately, I can't control people ripping off my materials and reselling it. Years ago I caught several people doing this on eBay and had their listings removed while having their eBay accounts permanently banned because of it. But...well, who has that kind of time to be the "Internet police" these days? I certainly don't.
And if they want to sell my old outdated stuff from 2010...so be it. Very little of it has any relevance in today's marketplace anyway. I just feel bad for the sap suckers who are actually buying these outdated materials because a lot has changed in only 5 years, if you know what I mean.
Then I get this email only last week from this "pastor" or "archbishop" out of Chicago going under the name of Archbishop Dr. Allwell A.L. Ezekiel who is selling stuff on real estate investing. Hmmmm...sounds weird to me.
Now, at the risk of offending a bunch of people here (not that THAT has ever stopped me before) but this isn't going to sound good for SOME of you who are deeply religious and part of the church. However, based on my personal experience ONLY (and not referring to ANYTHING that anyone else may or may not have experienced), I have always had "issues" with those who put themselves blatantly out there as being religious "leaders" or even avid church-goers while then trying to sell you something else. To me it's been a Trojan Horse ploy to gain someone's trust and then to ultimately crush that trust sometime along the way, usually in the near future.
Sorry, this has just been my experience and may not reflect your experience but...that's just how the ball bounces, I guess.
(One of my former employees didn't trust the church or anyone who "outed" themselves as a Christian or Catholic; come to find out that she was molested as a child by a church Bishop for years and her mother never believed her. Unfortunately, stories like that don't surprise me. My former mother-in-law tells everyone who will listen that she is a Christian but she'll take any opportunity she can to stab someone in the back the moment they're not looking, will lie in court as she has on many occassions, has stolen money from me, and will probably lie to God Himself when she ends up at the Pearly Gates of Heaven in a few years... or hopefully sooner. That will be seconds before she's sent to hell, no doubt. Maybe then she can write me to tell me how Hilter is holding up.)
So...I'm not sure how to process all of this except that, upon further research, we've determined that there is no Dr. Allwell A.L. Ezekiel in Chicago but there is someone with the same name running under a bogus Nevada-formed corporation who has had numerous arrests under his belt and now he's contacting me (and others who know me) as if he's part of my personal "inner circle" because...well, this would be that Trojan Horse I was just telling you about. The red flag for me, of course, is when any "pastor" comes at me with...a real estate course? Really?? And, no, pastor. If you contact me as you state you will in your email, I will NOT be endorsing you! (So don't ask!)
To be clear, I don't endorse anybody anymore. I used to endorse a couple of people's commercial real estate courses many years ago but I don't do that anymore, as I've come to the market with much more real and usable information that nobody can hold a match to me. (Hey, that's reality and I call it as I see it.)
So there you have it. I'm a one-woman show with no room for anybody else on my stage. I do this so that I can make sure that I have full control over the knowledge and information that is poured into my students' heads because it's my duty to make sure that what you receive is 100% accurate and applicable.
I had a student call our office last week because he wanted to cancel his personal credit service that he signed up for late last year.
The reason?
He just pulled his credit report and his mid FICO is 778 so...he didn't need us anymore.
And he's freaking thrilled like you wouldn't believe.
For those of you who are (for some weird reason) not seeing the value in beefing up your personal credit score...why? Unless you have a score like the one I listed above, you really need to consider fixing your credit because, well...you won't get very far doing anything without good credit.
You won't be able to invest in real estate.
You won't be able to build a business using unsecured credit.
You won't be able to tap into some of that down payment cash in the form of BLOCs (business lines of credit) to acquire property for passive income purposes.
In fact, you'll just be like every other Average Joe who continues being a "victim" to the wealthy, the government, and everyone else who wants to use you as a doormat.
And why is this? Well, it's because you don't know how to use the system to your advantage...or maybe you're not interested in using the system to your advantage. Maybe you'd rather complain about how unfair life is instead. (Hey, some people like that. Misery is company sometimes.)
Banks have really lightened up on the lending purse strings just in the past few months. I had an issue with a misspelling on my bank account so I went in to waste time sitting at a desk at Bank of America a couple of weeks ago. While I was sitting there, pissed off that I was wasting away in a crappy rolling chair, and wondering when this banker was going to type a little faster with her Flo-Jo nails, she looked up at me and said, "They're offering your new business a credit card. Do you want it?"
By "new business" she was referring to a brand new LLC that I had started for a new set of properties I am purchasing in Michigan. The LLC isn't even a few months old and she was already throwing credit at me.
"How much are we talking about?"
She didn't know. Whatever they wanted to give me once she clicked the "submit application" button.
I ended up walking out of the bank having been approved for 2 unsecured business credit cards totaling $23,500 that I didn't even need but...well, what the hell? Right? Even Icouldn't pass up the $200 cash deposit they'd give me for spending $1,000 on the cards within the first month I got them not to mention the bait of having 0% interest until November of this year.
And this is on a brand new business that has NO CREDIT RATING whatsoever.
But...how did I pull this off, you ask?
Because my PERSONAL mid-FICO is in the high 700s. That's why.
My credit wasn't always fantastic, of course. I worked many years going through a guessing game on what worked and what didn't for rebuilding and fixing bad credit. Now I've streamlined my unconventional and highly effective strategies into both a 4-week mentorship group as well as my Personal Credit Building Course for 2015.
Since my 4-week mentorship starts next week (on Wednesday to be exact) and, conveniently, it's Washington's birthday this weekend, I decided..."What the hell? How about a blow out at such a super low price that it'll make your head spin?"
After all, no more excuses.
The most frequently asked question among students that I get almost daily is, "Monica, where do I start?"
The good news is that it only takes a few months and then you can have a really solid FICO score. Get that mid score over 700 and you're golden!
Okay, so here's the deal. I have a blow out where you can get a super deal on both the mentorship and the 2015 Personal Credit Building Course (on CD-ROM).
But, I know a couple of you have been asking about my Personal Credit Building Service and if you can still get the deal that I offered as the Holiday Blitz for the lowered monthly price. The answer is...sort of. If you CALL my office at (661) 295-5050 then I can offer you that Holiday Blitz price of $77 a month (for ever how long you need it, cancel at any time) for us to fix your credit. But, again, you have to call the office and ask for the deal and you have to call before this blow out ends on Tuesday at 5pm PST.
See you at the top!
Your mentor,
Monica Main
P.S. We have about 11 spots left for the Internet Cash Flow Boot Camp Seminar and, I should mention, the early-bird pricing deal for that event will end next week. (It was supposed to end today but I dropped the ball on notifying my students so we're extending it another week.) Here's the link for the event: www.monicamain.com/la2
