In 2003 there were 272,000 new Millionaires
There is one thing that over 230,000 of them have in common.*
THAT MIGHT BE THE THING YOU SHOULD PAY ATTENTION TO, ALSO.
(*Based on statistical data from the government sources, research by Thomas Stanley, author ‘Millionaire Next Door.’)
CREATING REAL WEALTH
REAL SECURITY
REAL
INDEPENDENCE
REAL INCOME
False Wealth
Wealth coming from a benefit plan. Many people hope to finally have wealth when they retire and collect social security or their pension from the their company. But most people are disappointed when they discover how little money they actually receive each month. Further, why wait? Cruise ships are overrun with seniors barely able to move around on walkers, who waited and waited and waited to finally ‘enjoy life.’
False Security
Money invested outside your personal, knowledgeable control is NOT secure. The only real security is an ability to make money multiply, consistently, constantly or at will.
False Income
Yes, you may think that you have a good job and you don’t need to worry. If your job is dependent on someone else…. If you need the paycheck from this job to pay your families bills…If you have to go to work because you would be sunk without it, you are not independent.
The Goals
- to have sufficient monthly cash flow so you need never work again.
- To have an ability to make money work for you, rather than you working for it
- To live life as you wish, now, not ‘someday’
How many hours do you have to work?….
To take home $25,000? $50,000 $100,000
To accumulate an EXTRA $1,000,000, to be a cash millionaire?
The Working Person’s Financial Hell
Work hard to make someone or some company
rich
Earn a good income – but still, always working hard to keep your paycheck coming
Unable to out-earn the incoming bills, taxes
Cannot possibly make enough money through work to create wealth
ONE MILLION DOLLARS EXTRA,
Made from investment, would require roughly 50,000 hours ($20/hr) of work Over and above your regular job now paying your bills.
That’d be 6,250 extra work days.
More than 7 extra years.
Will this EVER happen for you? No.
FACE THIS FACT: Can’t get to wealth through WORK.
Your money must work for you.
But, working full time at your job doesn’t give you any extra time to knowledgeably, intelligently invest money and make it multiply into wealth.
Without money working for you, you will never be able to stop working for money.
A life sentence, a death sentence.
Trapped in good income, no wealth hell.
How do Working People attempt escaping this trap?
IRA, Keough, SEP
401K
Bonds
Stocks, Mutual Funds
Advice from financial planners
Turning money over to others
Bad side business deals
Trade-off activities (egs. Network Marketing.)
Why these attempts fail?
Snail’s pace growth
3%, 4%, 7% pre-tax may be okay as interest on substantial sums if already retired, but not to build wealth.
Volatility, losses, not just gains
Stock market ups and downs. Brokers quote gain numbers from carefully chosen periods of time. But, according to StockWatch Institute, over the past 20 years, the average investor who started with $100,000 in the market would, as of 12/31/03, have only $133,000, after tax effects, commissions, fees. And you are always vulnerable to wipe-out. (Egs. Dot.com crash.)
Self-investing fails
Most people are far too busy just making a living to keep, accumulate, invest and manage any real money. People who are early morning stock traders are often in pain! And the occasional big payday does NOT convert to wealth.
Money managers disappoint
“Stock Broker” is what the client is after the stock broker is done with him! Past 10 years, none of the top-rated money managers (Worth Magazine rankings) report even doubling client’s invested assets.
Side deals and second business fail to produce wealth
Less than 2% of all people in network marketing ever achieve an income in excess of $100,000 – full time.* Partnerships: over 90% turn into disputes and losses in all types of business.** Most such efforts distract
from your job so severely, there’s income trade off.
(*FTC. ** Family Business Institute)
In 2003, there were 272,000 new Millionaires
There is one thing that over 230,000 of them have in common.*
THAT MIGHT BE THE THING YOU SHOULD PAY ATTENTION TO, ALSO.
(*Based on statistical data from the government sources, research by Thomas Stanley, author ‘Millionaire Next Door.’)
The Millionaire Next Door Book
3.5% of every 100 million people are millionaires
Average Net Worth is 1 to 10 Million Dollars
5% Have 10 Million Dollars or More
What do they have in common?
REAL ESTATE INVESTMENT
“A wise man investigates what a fool takes for granted.”
Today: a solution.
THE solution
Tested, proven, perfected and simplified
A very different approach to multiply money and create wealth through real estate
THE ONLY REALIBLE WEALTH CREATION VEHICLE –
If you were absolutely convinced that there was a practical, proven ‘blue print’ you could follow..
To easily make $25,000 to $35,000 buying nice homes in nice areas
To create a monthly cash flow of $4,000 to $6,000 in 5 to 7 years.
Without risk
Requiring as little as 5 hours per week
It was proven to you beyond a shadow of a doubt
Would you want to know the details?
Key Features
Start with only a little cash
MULTIPLY cash
Tax protection or deferral as desired
ONLY ONE METHOD TO LEARN*
Fast start
The most reliable way to build wealth, finally yours
* Real estate investing IS normally complicated. But I have streamlined and simplified this specifically for people who have full time jobs, so you only need to do ONE THING to create $4,000 to $6,000 of monthly cash flow in 5 to 7 years.
My Story
Graduated from
Kent
State
University
CPA at Deloitte & Touch
I Quickly Realized:
You can only work a certain number of hours
There IS a ceiling on your income
Cannot create wealth through work alone
Only way climb the corporate ladder was to work harder
Constantly have to trade time for money
Began looking for an opportunity
Met the ‘Laughing Real Estate Broker’
Created a monthly income of $10,000 while still working in the corporate world.
Did it in 8 years, from zero, fumbling, bumbling figuring things out
Quit the corporate world and had enough income each month from my properties to ‘retire’ at age of 31.
Have 27 properties
Rarely ‘work’ more than 5 hours a week with my investments
Take a lot of vacations – paid for by the income from properties
Spend a lot of time with my wife and two young daughters
How I Achieved Freedom…
Figured Out My Monthly Living Expenses:
Mortgage Payment $1,500
Car Payment $498
Wife Car Payment $498
Food-Groceries $300
Miscellaneous $150
Clothes/Shopping $300
Utilities $250
Total Living Expenses $3,496
Entire Focus Became Creating $3,500 of Positive Cash Flow From My Properties.
10 Homes with a Cash Flow of $350 = $3,500
If you have enough income each month from real estate to cover all of your living expenses, what happens to your paycheck?
Our Income for Life Member of the Year – Joe Mercandante
18 Properties – Over $4,000 a month in Positive Cash Flow
18 Homes with Average Market Value of $115,000 Today
Owns $2,070,000 of Real Estate
Homes Appreciate at 5% a Year
Net Worth Increases by $103,500 Each & Every Year
($2,070,000 * .05%)
What do you need to know to do what we’ve done and do?
CAN be done here - right here in Charlotte, North Carolina
Need to know WHAT it is we buy
Need to understand WHY we buy what we buy
Need to know HOW to decide what to pay
Need to know how to GET large upfront payments
Need to know how to CHARGE your tenant/buyers a higher monthly rent
Need to know how to create more CASH FLOW from each property
Need to understand FINANCING
Need to understand TAX DETAILS
Invest with IRA, if you wish – why not
Defer taxes
Minimize your taxes
Trade up properties
Need to know how to get your tenants to MANAGE your properties
Need to know how to REDUCE the hours you invest
WEALTH
CASH FLOW
INDEPENDENCE
SECURITY
Are NOT products of WORK
NOT products of PAY CHECK
They are products of NET WORTH & CASH FLOW
It’s all about setting in motion a growing Asset Base
Tax-protected wealth accumulation
Cash extraction when needed, but focus on accumulation
My ‘blueprint’ for you:
$1,000,000 of real estate
A monthly cash flow of $3,000 to $6,000
In 5 to 7 years
On 5 hours a week
Safely,
Surely,
Doing ONE THING
In real estate, you can try to rehab properties, investing in multi-family homes or apartments. These could be good strategies for you to consider. However, I do not want you to be distracted or confused. There are a number of ways to make money in real estate. But to start, I intend to put you on just ONE path, using just ONE blueprint, doing ONE successful thing over and over again.
Income for Life
Membership & Training
THE BLUEPRINT, the Complete Rent to Own System
Necessary forms, checklists, documents needed
Real life actual deals, DISSECTED
Learn What Homes you should BUY & WHY
FREE Fast Start Training Class in Our Office
Monthly Income for Life Newsletter & Audio Recording
Weekly Best Buy Property Hotlist
Access to our Preferred investment loan lender
Use of my entire real estate team to help you find, negotiate and Rent to Own your home for FREE.
Results of Income for Life Membership
You will know exactly what to do to make money
You will have a complete thorough understanding of how our clients are creating wealth & cash flow
You will have my entire simplified & perfected system for you to use
People you know have made more money investing in real estate over time than any other investment.
Your parents
Your friends
Your co-workers
Your brother
Your sister
Your neighbors
Your aunt
Your uncle
Your grandparents
& Probably Even You!
Probably, on accident!
Did you ever think, or
DID YOU ALWAYS KNOW
ü How many conversations have you had about real estate?
ü Home many homes have you watched rise in value?
ü This has already been your experience…
ü You have seen it
What is AMERICA'S GREATEST FEAR?
According to the Today…
“Americans greatest fear is running out of money during retirement”
The Average Person has in their IRA – HOW MUCH?
Why will real estate continue to rise???
Demand outstrips supply
· Immigration – 30 million in last 10 years
· Baby boomers – last home
· Echo boomers – first home
· Cannot build enough homes to keep up
· Investment
· Second homes
Cost of construction is rising
· Rising fees charged to developers
· Rising costs of building materials
· Environmental restrictions & requirements
No Growth Clauses in Certain Areas
Rent to Own Programs:
Offer your investment property to a hungry tenant/buyer on a “Rent to Own Program”
Program is designed to help them actually buy your home.
Large population of renters have issues in their credit score.
With low credit scores they need 5 to 20% down to buy their own home.
Majority of these renters can’t afford a 20% down payment, but can afford to pay $3,000 to $5,000 upfront.
They desperately want to own their own homes
We have learned by doing market studies what these hungry tenant/buyers want.
When you have the home that they want, they literally line up and beg you for it.
There is THE SECRET that I am not going to reveal or answer any questions about tonight, the foundation of my RENT TO OWN System, and my keeping that secret admittedly makes your decision about this a bit difficult.
That is why I am providing a risk free opportunity to discover and evaluate this.
RISK-FREE
OPPORTUNITY
You can cancel your Income for Life Membership at any time by either calling my office, or by faxing in a note that you want to cancel.
Success Warranty
If you don’t create at least $20,000 of locked in profit on your first investment with my team, we will refund your entire Income for Life Membership fee.
Where do I get money to buy properties?
How do I find the time?
Will you keep me out of trouble ?
I am scared to get into debt of any kind. What should I do?
How do you get tenants to pay your large upfront payments on the properties?
How do you get tenants to pay you $200 to $300 more each month in rent ?
What this is NOT
Not a tax shelter scheme
Not about being the “typical” landlord.
We show you how to get your tenants to manage the properties and repairs on their own.
Not about “Dirty Hands Work”
Not about late night TV “No Money Down” hype
Not about a numbers game – making 20 offers to try to buy one property
Not about anything complicated.
In fact, real estate is a BUSINESS:
· No expensive lease for office space.
· No hiring and firing employees
· No payroll taxes
· No expensive office equipment. (Copier in our office costs about $500 per month)
· No salaries to pay
· No required office hours
This is not…
Going to sheriff sales to buy foreclosed homes
This is not buying fixer upper homes
This is not spending your evenings and weekends ripping out cabinets, installing floors, patching holes in walls, remodeling bathrooms.
This is not making 25 trips a week to Home Depot
This is…
Investing in Nice Homes in Nice Areas and selling them to your tenants on Rent to Own Programs.
Tapping into the pool of hungry tenants that want to own their own home.
This is helping Renters Achieve the American Dream
What you receive
Help you determine how many homes you need to cover your monthly living expenses
Help you find the absolute best investments on the market
We negotiate the transaction with all parties involved
Follow through the entire closing process dealing with lenders, title companies, appraisers and escrow agents
We design a Rent to Own Program for your property.
We guide you step-by-step in selling your home to your tenant/buyer
We help you advertise your home to prospective tenant/buyers
We help you create an auction like environment
We help you get higher non refundable upfront payments
We help you get higher monthly rents
We help you screen and select your tenant buyer
We help you until you have a big check from your tenant/buyer and your home is on auto-pilot
How long to Financial Freedom?
For many of our Income for Life Members it is around 10 to 12 homes.
How long will it take you to invest in 10 to 12 homes?
Usually takes between 3 and 5 years.
How Many People Are Going to Work for You?
REAL LEVERAGE
How long will it take you to save enough money the ordinary way to be able to receive enough money to retire?
What is it worth to you to be able to have enough income from your investments to be able to retire in 3 to 5 years?
$2,000? $5,000? $10,000?
Here is what you get as an Income for Life Member…
Free Fast Start Training Class
Covers the Secret to Finding Right Properties, How to Use Mortgages to Improve Your Cashflow, the Best Advertisements, How to Select Tenants (Actual Rental Applications and Credit Reports, How to Buy & Sell Mobile Homes in IRA), and Asset Protection Strategies
