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Success For Life
 
 
Tuesday, September 03 2013

Yesterday I indicated that I'm stepping out of the game of real estate investing training for awhile...or maybe forever...simply because after this upcoming Atlanta event in November, there will be nothing else to teach you on how to capitalize on the real estate market past the end of 2014.
 
There has been a huge demand amongst my students for more New Wealth Ninja "stuff" including the stuff I'll be teaching my students at my Underground Secret Event in a few weeks from now in Los Angeles.  (And you can still get a deal to attend that event by clicking here.)   This event, as you know, is non-real estate related and is all about Aggressive Income on Speed and Steroids.
 
Last year I started teaching my New Wealth Ninja strategies because my students wanted to know more about how to raise cash to inject into passive income real estate since the market started changing, competition with other investors became apparent, and it was obvious that if my students wanted to enter into the New Real Estate Market in our New Economy, they were going to have to cough up some cash for these deals.
 
This is how my New Wealth Ninja (NWN) trainings began...as a means for students to raise funds for real estate deals.
 
Then NWN became a demand in and of itself.
 
I started getting more and more stories of students with graduate degrees, a load of professional experience, and who were still sharp as whips sent out to pasture because they were too "highly paid" in their field and "too old" to play anymore.
 
Companies that were in the midst of the economic crisis (and many still are) found out about a little trick called the Dump-the-Overpaid-Old-People-on-Payroll-for-the-Moldable-Cheap-College-Grads Game.  I noticed that this game started back in about 2007/2008 and has become more and more predominant in the employment arena.
 
It sucks to be an experienced professional or in a highly paid management position in a company, especially if you're in your 50s or beyond.  Because chances are, you're probably not employed or employable anymore.
 
It didn't hit close to home until recently when my dad (who, unfortunately, I had to terminate out of my own company due to embezzlement issues) had to take to working at Lowe's part time because he can't get a job anywhere else.  And he needed the position mostly for health care because he can't get government health care until next June when he hits 65.
 
It became even more abundantly clear that we're in trouble as a highly-populated Baby Boomer nation when I recently interviewed dozens of people for an entry-level low-paying job for both of my companies and found that I was sifting through hundreds of resumes from people who were overqualified (including those with degrees) to those who were over 50 years old to both.
 
And they were vying for a job with a starting pay of $11 an hour.
 
Rewind to about 2003...I interviewed people in a completely different economy and I couldn't get anyone to start at less than $15 an hour.  And even this was like pulling teeth.  I had people who were qualified and even under-qualified for the positions I had applying for jobs, 50% of the people who I scheduled an interview with didn't show up, and I had a hell of a time finding people who would work for me.  (Interviewing was a bitch back in those days.)
 
What a difference a freakin' decade makes.
 
As an employer and business owner, I tend to lean toward hiring older people with more experience because they tend to be more loyal and dedicated in their positions.  The young people in this day and age are texting their friends all day while having Facebook minimized in their "tray" on their computers.  They are lazy, take too many sick days, and basically suck as employees.
 
Yet larger companies want these deadbeats to work for them because, (a) they start out as "cheap labor" and, (b) because they figure they can "mold" these screw-balls into whatever they want them to be for their company.
 
I couldn't disagree with that mentality more because, to me, it's like burning useless dollars to pay some Gen-Yer to text their buddies all day while uploading pictures to Facebook from the party they went to the weekend before when they got sloshed out of their gourd.  But hey, at least they can "multi-task," right?
 
And then there's the whole $15/hour fast-food debacle where all these people who think working at McDonald's is a "career" feel like they should be getting paid more than minimum wage.  Last time I checked, flipping burgers and making a milkshake doesn't take much skill, certainly not enough to justify $15 an hour.
 
WTF is going on with our nation?!
 
What these people don't realize is that there are ship loads of robots made in China coming over by the day that cost, on average, about $5,000 each that can do everything a low-wage worker in McDonald's can do...yet this robot won't require a wage, worker's compensation insurance, personal days off, sick days, vacation days, health care insurance, and you don't have to worry that this technical creature will sue you for sexual harassment, call in sick at the last minute, or steal from you.
 
I don't know about you but, as a business owner, I'll take the robots any day.  And to think that all I'll have to pay for is some maintenance and a couple of software downloads here and there.
 
It's a lot closer than you think.
 
Then what happens to all the people who are minimum-wage workers...?
 
They may go from $8/hour to $15/hour.  But I can guarantee you that they're about to go from employed to unemployed as things start to become more advanced in our society.
 
Gotta love Asia and the advances we can enjoy as a nation.
 
As an employee, do you hate the possibility that a robot can take your job?
 
If so, stop thinking like a f*****g employee and start thinking like a business owner...because as a business owner, you'd love the idea.
 
I have a machine coming over from China in a couple of weeks.  No, it's not a robot but it'll be replacing a few minion jobs in the warehouse.
 
And a few weeks after that I'll be ordering another machine to replace a couple more minions.
 
And on and on it will go from there.
 
As a business owner, I've run the gamut with government regulations and have always noticed that they don't like to make it easy to operate as a business, especially in sunny California.  I think the reason this is the case is because you have a bunch of dumb sh** government "employees" making decisions about what business owners should and shouldn't be able to do.  And, unfortunately, these dummies don't take into account what the consequences of their dumb sh** thinking can be which usually has something to do with taking your business out of state or out of the country where -- guess what? -- no one can benefit from employment or the tax dollars associated with doing business here. 
 
But what makes running a business most difficult are the employees that are associated with the business because they never do what you want them to do.
 
So...I can't wait for the robots to take over the employment market.
 
But if you're an employee, that doesn't give you really good job prospects in the decade to come, does it?
 
Guess what...you have to stop being an employee and start being a business owner otherwise you're not going to make it.  Period.  No exceptions.  Especially if you're 40 an over...you're really in trouble now!
 
In the first half of 2014 (and until I turn 40 in June), I'll be focusing on showing you some cutting-edge New Wealth Ninja strategies to teach you how to have either a small cash flowing Aggressive Income home-based business or a larger cash flowing Aggressive Income multi-million dollar business.
 
Your choice.
 
Bottom line, you do have to choose one of the above presented options if you're going to survive and thrive in the years to come.
 
Until I turn 40 in June, that is.  Then, after that, you're guess is as good as mine on what I'll be doing.  Maybe I'll lay down and die on a beach in the Bahamas.  (Doesn't sound too bad acutally, does it?)
 
Now you know what you can expect from me in 2014.
 
See you at the top!
 
Your mentor,
 
Monica Main
www.MonicaMain.com
 
 

Posted by: Monica Main AT 09:21 am   |  Permalink   |  Email
Monday, September 02 2013

Many of you have heard of Andrew Shaw.  He started out with me sometime in late 2008 when he purchased my Apartment Building Cash Flow System.  In 2009 he signed up and completed one of my first signature Apartment Building Mentorship Groups including taking the 9-week Advanced Group later that year.
 
But, like many of my students (unfortunately), he ended up in a phase of information overload paralysis.  And did nothing with the information until the next year when he decided to kick himself in the ass.
 
He hasn't turned back since.
 
In this first couple of years of being a "serious" real estate investor, he climbed up from $0 to making $74,000 a month in passive real estate income.
 
Now he's at the $138,000 per month mark.  And no, that's not gross receipts.  That's what he gets to put in his pocket each and every month after all of his mortgages and expenses are paid on all of his properties.
So, here's what happened last month.  I tried twisting Andrew's arm until it just about fell off to speak at my upcoming November Atlanta Boot Camp Seminar but, of course, he said no.  Again.
 
You see, Andrew is the type of person that I think would literally have a heart attack if he had to utter 2 complete sentences in front of even a small crowd of people.  (Goes to show you that even timid people who aren't socially adept can become massively successful in real estate.)
 
And that's why I have never been successful in getting him to speak at any of my events over the past couple of years.  He's shown up at my events before and, even then, I wasn't allowed to point him out that he was there.  Yes, that's right!  For those of you who have been at my events before, you actually were sitting in the room with Andrew Shaw.  He was even at one of my recent non-real estate related Underground Secret Events.  (Can anyone remember who was in the room at my last Detroit event?)
 
But here's what Andrew did do for me.  He wrote a book on exactly what he did to reach the level of success he's reached today and, in his own words, explains that if anyone can do it, you can too.
 
Andrew started with less than nothing.  In fact, if I remember correctly, he had something like $40,000+ in credit card debt when he got started with me.  He wasn't working and he really needed to hustle to get himself up and running in the real estate game.
 
And he did.
 
Without any money.  Without any credit.
 
He did it easily, seamlessly, and quickly by following a simple plan that he created himself.
 
And he put down this exact plan on paper which you'll be able to get so that you can use his exact well-laid out plan for your own real estate success.  Click here for more details on getting this book.
 
Why commercial-commercial real estate?  Why now?
 
I'm going to be honest with you; not that I'm not always honest but I think it's time that you really come to an understanding of what's going on with both me and the real estate market right now.
 
Here's what I'll never become: a "guru" that stands on a soap box in front of a group of seminar attendees talking about irrelevant and non-profitable real estate topics that don't apply in our current real estate market.  I promised myself that I'll never become anything like that which is why my students have always appreciated me being a teacher and mentor.
 
Come 2014 and I'll have thoroughly introduced and talked about every cutting-edge real estate strategy you can use including all of the "supporting" education such as building personal and business credit, raising capital, and all of the other needed elements to get to where you need to go as a successful real estate investor.
 
When we are in a recession, you will get your best deals and opportunities in almost every type of asset class in real estate investing out there.
 
When the economy starts to "thaw out" and take off, the opportunities immediately disappear.
 
And that's what's happening now.
 
Why do you think I've meticulously "planned" my real estate training "end" date to be December 31, 2013 since last year?
 
I knew the end was coming.  And, sadly, it's almost already here.
 
Let's talk about what opportunities are left in cash flowing real estate deals and then we'll talk about what I'll be doing for my students until I turn 40 (next June).
 
What do we have left for profitable real estate in the remaining portion of 2013 and all of 2014 that you can realistically get into with some creative financing, little/no money down, and for a bargain in a market where things are getting very hot very fast?
 
1)  Small multifamily properties ranging from "quads" (4-plexes) to 10-unit apartment buildings.
2)  Small MHPs ranging from a handful of pads to about 20 pads.
3)  SFR flips in certain areas of the country.
4)  Smaller REO apartment buildings.
5)  Commercial-commercial buildings, particularly office buildings and industrial warehouse space.
6)  Self-storage.
7)  Building small multifamily buildings to either buy-and-hold or flip to investors who will pay top dollar for them.
 
Again, these opportunities will begin to diminish one-by-one as we kick off 2014, definitely starting with SFR flips.  Then vacant REOs.  Then MHPs and small multi-families.
 
Then any commercial-commercial opportunity by the end of next year.
 
See you at the top!
 
Your mentor,
 
Monica Main
www.MonicaMain.com
 

Posted by: Monica Main AT 03:05 pm   |  Permalink   |  Email
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