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.
I'm a little bummed out today. I just got all my printed mailers in for the Vegas seminar event where I have 2 investor partners who have committed to throwing in $5,000,000 into the down payment pot for deals that my seminar attendees bring.
Except that last night my investor partner who worked with my students from the Detroit seminar last year committed to throwing in $2,000,000 into that pot, swelling it to $7,000,000. What sucks is that all my mailers say that the pot is only $5,000,000 when it's now bigger than that.
Oh well. Such is life.
This time, though, I want my students to be marginally prepared so that you can start finding deals BEFORE you attend this upcoming Vegas event so you can hit the ground running the second I officially open the gates to accepting deals (which will officially begin on Monday, May 18th, post seminar event).
Again, the 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 that. In the past when I would open up partnership opportunities to just anyone, I got a lot of bullsh** deals that wasted everyone's time. They weren't prepared or submitted deals that weren't anywhere near what we were looking for. And, of course, my worst pet peeve: students submitting deals with NO income or expenses itemized out.
So, I noticed that 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.
Of course, as mentioned last week, we didn't make our goal. So, there's money left over. Yes, he's going through more student deals but informed me that a lot of them are under contract or are no longer available anymore. This is why he felt confident in committing to $2,000,000 and may throw in another million by the time we get to Vegas. (I'll know in about a month if this is the case.)
Right now I have 3 investor partners who are funding the now-collective $7,000,000 for down payment funds on property deals. But, unlike the Detroit event, this isn't going to be as easy as giving a straight-line set of instructions since each of these 3 investors has MAJORLY DIFFERENT criteria in what they are looking for.
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. You may submit multiple deals. They may accept more than one deal from you. 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.
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 thing to consider is that when you do a good job with the first property, they will not only invest in additional properties with you but they will increase the stake in each subsequent deal thereafter. One of my students is on his 6th deal with one of my investor partners he was introduced to when part of my Viper Wealth Group (which ended in late 2013) and he's getting half of each deal (gained equity and monthly cash flow) without putting a single cent into any of these properties.
I tried to get this student to come out to Vegas but he said he's attending a wedding on May 16th. Maybe I'll get him for the next one...
Okay, so, I have some "bribes" for those of you who register for this upcoming Vegas event (but these "bribes" are going away very soon).
Bribe #1: You'll get my No-Cash-No-Credit 100% LTV Complete Course when it's available. I'm still finishing all the legal elements to it. Because of my requirement to have legal counsel assist me with all the legal nuances, it's taking me longer than anticipated to get it out. But it will be shipped out and in your hands before the May Vegas event. It will show you how to acquire any property with the variety of 100% LTV methods I have, including the lease-option using the land trust. Nobody else teaches this stuff, by the way, because nobody else even knows about it yet! (This course is a $895 value alone just for all the legal work that's being put into this!)
Bribe #2: I have my 100% LTV Mentorship Group starting on April 18th. You'll be fully immersed in how 100% LTVs work before you get to the seminar. By the time you hit Vegas, you'll be ready for the "advanced" strategies and you won't be lost in space when you are sitting in a room full of 100 people.
Bribe #3: It's a surprise. And a good one. (Actually something that will blow your mind.) But it's only for those who register as Platinum VIP.
I'm having a Spring Blow Out which allows for all the "bribes" above. But...this deal ends soon. Very soon!
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.
