And that was from exactly 64 days worth of "work," if that's what you want to call it.
By the way, the entire deal was financed 100% including the rehab so...no money out of pocket.
Nice deal, don't you think?
Imagine doing only 1 per year? How about 2 or 3 per year?
How much would that change your current financial circumstances? I'll be it would change it a lot!
That's the good news. The bad news is that you'd be on the hook for paying a lot of taxes because we both know how greedy Uncle Sam is with their ridiculously high tax bracket for anyone making over $413,200. That puts you in the 39.6% tax bracket if you're single.
But, what if I told you that if you use a special "loophole," you wouldn't have to pay any taxes on it at all? And yes, it's completely 100% legal!!
If you haven't listened to this audio seminar, it's time to check it out. Today is the last day to act on this once-in-a-lifetime opportunity, especially if you're a dad. Dad's get an extra deal. Here's the link: http://www.monicamain.com/bird_dog_bonanza
Questions? Call my office between 9am and 5pm Pacific Time at 661-295-5050.
Okay, so I don't mean all dads, obviously. I just mean some...or a lot.
Some dad's aren't what they're all cracked up to be. However, some are kick-ass awesome!!
Many of you know that I don't have the best relationship with my own dad. I barely ever see the guy. In fact, the last time I saw him was a year ago. I see him about once a year. Perhaps part of it is my fault being that I'm a single parent while running 2 wildly successful businesses. I don't exactly have the time to drop everything to drive 2 hours south of me for a 1 hour luncheon with my pops.
I think many of us can name 1,000 things we swear should have been different in our childhoods that would make us a better person today. But recently I've been learning and practicing a concept called "one dharma." "Dharma" is basically cosmic order and it's been explained to me by many wise people that we are exactly where we're supposed to be in our lives and have experienced exactly what we were supposed to from Day One through right now. There are no mistakes in the universe.
Of course, this isn't always an easy pill to swallow when dealing with so many trials and tribulations as we move through our own pathways through life.
This has made me think of why I would have had to go through a relatively disconnected or non-existent life with family (or rather the lack thereof) only to realize that this was necessary in order for me to understand and come to know full self-reliance. And, since I have learned this hard and seemingly empty lesson, maybe it's time I got some peeps in my life that I can call friends and family? :-)
One most valuable lesson I learned from my dad (and he will always get full credit for this one) is my desire to be an entrepreneur and business owner for as long as I can remember. Unlike most parents who may immediately start brainwashing their children by making them believe that they'll be on the dire employment track for life (starting with school then going to college then getting that corporate job), I was never brainwashed in this way at all. My dad always instilled within me the importance of being your own boss because it affords one endless freedom, not only physically and mentally but financially as well.
Long, long before everyone (recently) discovered the Big Lie (as I call it) whereas you go to college, get a job, and retire with a pension and gold watch, my dad indicated on not so many levels that this type of structure could never last within our economy. I think he had a way of studying and fully comprehending the woes of economic cycles, particularly those of other countries that had much longer economic histories. Somehow he knew that this Big Lie wouldn't hold up forever as he constantly pressed the necessity of writing your own checks in life by having your own business.
And then, holy sh**, the Big Lie had been revealed and only the strongest of entrepreneurs and investors were left standing after the gigantic economic destruction quickly swept through not only the United States but the entire world. Nobody saw it coming but I was left standing.
My dad liked to give me these little tests for as long as I can remember. One such test was to read this:
I, like most others, read "opportunity is nowhere" but he explained that you could (and should) read it as "opportunity is now here."
And that's how I read life from that point forward. Not only is opportunity now here but opportunity is ALWAYS here in many shapes and forms but ONLY if you know where and how to look for it.
So, I get to thank my most awesome dad for giving me the most important gift anyone could have ever given their kid: an endless mind to see and realize endless possibilities. From the moment I started reading, he would always say, "If you know how to read, there isn't anything you can't learn." And now that my daughter has started reading this past year, I now tell her the same thing.
I recently had a very lengthy conversation with one of my investor partners and we were talking about W. Clement Stone and how my investor partner became massively successful based on the teachings of the book The Success System That Never Fails. (If you didn't read this book, you should. It's less than $7 on Amazon right now!)
Two things that W. Clement Stone teaches that are life-changing:
1) Use OPM or other people's money to make yourself wealthy in business and investments.
2) Use successful people's knowledge by learning it and, most importantly, using it to get wealthy beyond your wildest dreams.
And the easiest way to learn successful people's knowledge is by reading and studying about what they do. So, Dad was right. There isn't anything you can't learn by simply knowing how to read.
For any of you who want to be wealthy, choose something that interests you (business, investing, etc.) then learn everything you can about it. Then, most importantly, actually fire some action into what you learn and keep at it until you get the results you're looking for.
Happy Father's Day to my own dad and to all you awesome dads out there! You are changing the future...one child at a time.
A few weeks ago I had a student from the Vegas seminar make a 3% bird-dog fee off a $966,000 deal that closed with my investor partner. To be clear, I should mention that he was working on this deal for awhile, attended the Detroit event, and had this deal in the pipeline before he attended Vegas.
But that isn't the most exciting part (for me) in all this.
This $28,980 referral fee he made from bird-dogging the deal was the third deal he's done in the past 9 months. The first 2 deals had nothing to do with my investor partner since he simply found his own investors to bird-dog for.
Even more exciting (for me) is that this $28,980 fee was the lowest fee he'd earned from his 3 bird-dog deals he's done in the past 9 months. The first deal closed before the Detroit event this past November, making him a $56,000 fee. And the second deal closed right after the first of the year, earning him another $31,500 fee.
Yes, that's right. He made $116,480 in less than a year working -- I don't know -- probably a total of 50 hours on all 3 deals. (That's a guess. I'm certain that it's actually a lot less than that.) By the way, this is someone who claims he's "disabled" even though you'd never assume he is just by looking at him.
So...I'm fairly convinced that anyone can bird-dog and make money by simply finding properties and "selling" the opportunity to investors.
The biggest question people tend to ask is: "Why wouldn't these investors just go out and find these deals themselves?"
Answer: They do. But, it would take a full-time staff of at least 10 people for them to find and analyze every listed commercial MLS deal out there. This isn't including the deals that aren'tlisted in the MLS.
The key to true success as a property scout or bird-dog isn't looking at deals on Loopnet.com and throwing together a business plan, although it has been known to be that easy. To be ragingly successful as a property scout means that you have to see and sell an opportunity that isn't quite there yet. This could be focusing on under-performing properties and showing a prospective investor how easy it is to use a simple plan for basic cosmetic renovations coupled with quickly curing the vacancies.
I don't actually do it that way myself. I never have!
I use a very special method for bird-dogging deals that is unique, effective, and much more profitable than getting a paltry 3% of the deal in the form of a referral fee.
And this will blow your freaking mind.
I can't explain it in all in this email so I suggest you click on this link for a short audio seminar and a detailed explanation on how you can make $100,000 to $500,000 on each deal instead! Go to this web page now: http://www.monicamain.com/bird_dog_bonanza
I've had some students end up completely changing their careers and their focus on the type of real estate investing they thought they initially wanted to do in favor for making these obscene amounts of money bird-dogging that I'm talking about.
About a month ago I had a friend of mine ask me, "What would you do if you had to start over?"
I said, "What do you mean?"
He said, "Like if you lost everything. What would you do to start over?"
Without hesitation, I told him, "I'd start a home-based Internet business from scratch. The way I know how to do it, it would cost me $0 in start-up cost. I'd be up around $50,000 a month within 3 months."
Then I started to think about it. It really is that easy because I've done it and, many of you don't know, but I still make a fortune on the Internet. Most of you know me as a "real estate guru" (I hate that title, by the way). But I know probably more about other money-making strategies (including the Internet and direct mail marketing) than what I know about real estate investing.
I don't think so. I've been doing a variety of different entrepreneurial pursuits for 20 years and I've found that it takes more "mastery" to understand the success mechanics of mail order and Internet marketing than it does with real estate investing. Real estate is cut and dry. Find a property, buy it, manage it, and get a cash flow. And that's basically it.
However, other means of making money...well, that's an art form. And I'm really good at it.
The good news is that you can be good at it too because it's not hard AT ALL to get a low-cost, low-overhead, high profit business off the ground and profiting within a super short period of time.
In fact, many of you know that I've been thinking of making some changes with my business because of some of the stresses that I've taken on when getting an office/warehouse and a staff to go along with it. Many days I can deal with it. Some days, I feel like locking the front doors with a chain and lock, leaving a Post-It Note on the front door for my staff saying, "It's Over! Find Another Gig Elsewhere!!"
But I stick with it because I feel a level of commitment to both my students and my staff so I keep trucking.
I keep my options open. I refuse to buy a commercial building for this business because that means I'm committing...forever. And I won't do that. I refuse to sign another lease on my office/warehouse unit. I just bargained with my landlord last week for him to accept a 6-month cash payment to just "add" 6 more months onto my lease because -- between you and me -- I'd love to shut this bitch down and I'm keeping that open as a possible option come January 31st, 2016 (when my "extended" lease expires).
Why don't I just do it already?
I explained a couple of reasons already. Personally, I think I'd go bonkers being at home all day without going "somewhere" each day. My fear of going mentally insane is probably the key factor in why I don't just give it up and take this home.
But if I did, I'd make so much more money cutting out all this overhead.
This is something YOU can do from the ground up. Keep it home based, keep it low cost, keep employees (on paper) out of the equation...and profit like a MAD DOG from the get-go!
And why do you need all this money?
Well, first, I'm assuming that you're not independently wealthy to the point where you don't need a job or business to pay your bills. So, you want to start bringing in this cash to quit whatever soul-sucking job is driving the very life out of you.
But even more importantly, you want this cash to start injecting it into long-term passive income real estate assets so that you can reach the goal of financial freedom in 3 years or less.
For you to do all this, I have an amazing offer for you. But first, I want you to listen to this audio seminar I've created for you by clicking on this link: http://www.monicamain.com/icf_deal
In the meantime, like me, maybe now is the time you can start evaluating what is and isn't working in your life. Now that you have a kick-ass and viable option presented to you to finally do something about it...my question to you would be: WHAT ARE YOU WAITING FOR??
I just got confirmation that my investor partner from Texas just accepted one of my students' deals from the Vegas seminar event. It's a $1.24 million deal. That marks the first one!
What's disappointing for me, though, is unlike my group from the Detroit event last year who submitted over 300 deals, this Vegas group is lackluster at best. I think I received a total of 12 deals so far.
And that's not good. Not good at all. At this rate, it'll take us years to get through that $7 million pot. Even worse, I don't plan on offering this type of opportunity to my students anymore because it's so taxing on my personal time to facilitate all of this.
So...oh well. All I can do is present the opportunities and it's up to my students to follow through.
In the meantime, I should let my students know that property inventory is getting low. Competition with other investors is fierce as properties are starting to sell for top dollar now.
And that freaking sucks.
But the good news is that, if you follow a solid path to one of my Aggressive Income Business models then you'll be able to throw down that 20% cash on a property with the best of them, giving you the same footing as any other investor out there. Even better, if you learn my latest Passive Income Strategies (to come later), you'll have a very sharp edge against the competition while using your Aggressive Income to funnel directly into these very low-cost, high-profit real estate assets. (Again, more on this later.)
I had an email from a student last week who says that she's been to a couple of my events and swears up and down that she's not lazy (and I don't believe she is) but that she's having a hard time wrapping her head around some of the mechanics of business.
Please understand that business is a process depending on what you're doing and where you plan on going with it. Once you understand the process, it's fairly easy to get all the "workings" of the business to work for you in the form of blessing you with piles of cash.
Investing in real estate, as you know, is fairly simple. You find an area in the country to invest, start running the numbers for cash flow, structure your financing based on your resources, submit an offer, and (ideally then) close on your deal. Not much to it.
But when it comes to business, it's a little more in-depth on what you need to do to be successful.
What this student was mainly talking about was the Internet Cash Flow Strategies. Her issue? Not understanding the marketing aspect of it.
Listen, we're all consumers. Some of us "consume" more "stuff" than others. I think the reason I'm so freaking good at marketing is because I buy a lot of stuff. And when I'm buying stuff, I internally identify with what is making me want to buy this product. It's called a "trigger point" that makes you want to go forth and make the purchase when only seconds before you were on the fence about it.
It's about time that you started analyzing your own trigger points when you make a purchase of any product or service; your trigger points are much the same as everyone else's.
And then there's the concept of "emulation." How difficult is it to find a successful product and basically rip it off? You rip off the marketing, you rip off the product, and you just set out to do it on your own?
Now, when I say "rip off" I mean "borrow," of course. You can't steal someone's product name or their exact word-for-word copy in their marketing piece. But you can get pretty close, even making their piece pale in comparison to your "new" piece (which is really theirs but better since you "edited" it for you own business practices).
We're coming into our New Economy at full throttle now. You'll either take a back seat and be happy working for "the man" or you'll jump in the front and grab the steering wheel, taking full control of your future and how much money you make.
It's really your choice.
A couple of weeks ago I was watching the news which I don't do often anymore. A newspaper called the Pennysaver went out of business. There were all these employees, some of which who had worked for the Pennysaver for 30 years, standing outside picketing the place because it was so "unfair" that they suddenly went bankrupt. Many didn't know if they'd receive their last paycheck or not.
I immediately started to explain to my daughter that working for a company and expecting them to be around forever for you (and, even worse, thinking that they owe you to stay open forever) is a really irresponsible way to live. Talk about not taking any responsibility for your future!
My daughter knows, as she instantly said, "Because they should own their own business."
Damn right. Damn freaking right!!
And this is coming from a 6-year-old.
If you've been thinking about starting a very powerful, highly profitable home-based business, there hasn't ever been a better time than RIGHT NOW. You have the technology that we've never had at such amazing levels of opportunity to allow you to work only a few hours a day and make 3 times more than what you're probably making now working full time.
There are a lot of economic changes on the horizon. Times are about to get really exciting here as we enter into a period that will be better than the Roaring 20s. It'll take someone as dumb as a board to not be able to profit from this new wave of wealth. However, you will have to have something to sell to people when they show up with bucket fulls of cash.
Today's my brother Jason's birthday. He turns 39. To say the least, we are estranged like you wouldn't believe.
And here's why...
I'm successful and he hates me for it. He's even expressed how much spite and anger he has toward me which is nothing more than pure jealousy.
Even worse, I've shown him how to make money online and he was doing pretty good...for awhile. Until laziness got the best of him.
You see, my brother loves to live on the government aid system. He loves getting welfare from the government and having to take no financial responsibility for his life. And that's pretty freaking pitiful, especially since I've shown him some online money making methods that were so basic that even his narrow-mind could do it.
But the desire for getting a check from the government without having to do anything for it...well, that got the better of him.
People allow for habits to get the better of them. It's usually the bad habits that redirect our lives in directions that we tell ourselves that we don't consciously want...yet we fall into these strange and dis-empowering ruts that veer us off into directions we know we don't want to go.
So, why is it that we keep doing (or not doing) the things we know we need to do to get to where we need to go?
Human psychology. People want the least obtrusive, most comfortable way to live their lives. Changing requires adding something to the regime of our lives that, perhaps, we don't want to do such as exercising or putting forth a few extra hours a week to launch a new business. It also requires deleting somethings that maybe we don't want to get rid of such as fattening high-sugar foods or cigarettes...dope or liquor.
This is why I tell my students to envision what I call the "New Life" that they want to ultimately get to or who they want to become. Then work backwards to find the steps needed to get there.
Yes, there will be some sacrifices that have to be made in order to get to where you want to be. It's up to you to figure out whether the work/reward ratio is worth it to you. If it's not, you'll have to start telling yourself (starting now) that your going-nowhere life is okay and just accept it for what it is...forever. Because it'll never be anything more than that by a stroke of luck or some magic genie that you'd only hope would miraculously enter your life in some way.
This is why there has always been so much contention with my brother and I. I accept him for who he is even though his lifestyle is the exact polar opposite of what I'd want and accept for my own life. But he doesn't accept me for me. He basically tells me what a rotten person I am for wanting to have a better life than most people. He wouldn't be "happy" with me unless I lived in a 1960s Airstream trailer in the middle of the California desert while living on welfare and consuming massive amounts of alcohol each day.
Just like he does.
Okay, well maybe he doesn't live in a trailer but if he didn't pay for it, trust and believe he'd be moving in as we speak.
Listen, I'm not here to be the one to tell you whether my life is right or not right for other people. I've always been very good as an entrepreneur and I share my experiences and success methodologies with others with the hopes that you can take this knowledge and funnel it into financial success (and ultimately financial freedom) in your own life.
But you can take it or leave it. Either way, it doesn't affect my personal life one bit whether you order a course from me and take it out of the shrink-wrap to read it and implement it...or not.
I'd hope you'd read it, listen to it, and apply it. But if you don't, you don't. Less competition for me and my other students who want to apply these amazing money-making opportunities.
What I showed my brother for my online money-making strategies was about 1/8th compared to what I teach my students with my Internet Cash Flow System. For those of you interested in being able to "write your own check" and make whatever amount of Aggressive Income that you want without putting up a bunch of upfront money or waiting around for years for a profit...this is the business you want to get into.