For some reason or other, the wandering gurus who pitch their wares to investment groups always seem to talk in terms of untold riches awaiting those who learn the secrets to wealth that are buried deep down in their high priced sale materials.
When all is said and done, the secret to wealth (for them) lies in being able to charge high prices for what might seem like educational material, but is more often a tissue of day dreams spun for the gullible buyer.
Here is the secret to wealth in a nut shell at no extra cost: If you want to be RICH, that is to be able to afford a luxury lifestyle based upon real estate profits, the best way to achieve this is to cultivate the skills necessary to buy and sell real estate for a profit. The only problem is that you’ll have to continue to do this all the rest of your working life, and at the end of that time, will probably have very little money left. Test this theory. Try to find a wheeler/dealer (person who buy, fixes & sells houses) who has retired and is able to live solely on the money that has been saved up from a lifetime of work. They are a rare as hens teeth.
On the other hand, if you want to be WEALTHY, that is, to be able to retire at an early age without the necessity of doing any work that you don’t want to do, you should buy good houses in good neighborhoods on TERMS that will provide cash flow income to you while paying themselves off; then hold them forever.
Whether or not houses appreciate, with level pay, fixed-rate, self-amortizing loans, they will eventually be free and clear, and will provide a very comfortable income from rents.
Suppose you owned 10 free and clear houses worth $500,000 today that produced net cash flow after all expenses and taxes of $1000 per month; that would mean that you would have $10,000 per month to live on, and this would more or less be indexed to inflation.
If you had no other debt, you could live in a nice house, drive a nice car, and travel the earth if you chose to. You could do what you want, when you want, and where you want.
In addition to your income, your assets would be worth $5,000,000 even if they never appreciated at all. By all accounts you would be wealthy.
Look around you and see how many people who followed this advice are in that position. There are tens of thousands of them.
Missing among their numbers are those who refinanced houses, took out home equity loans, HELOCs, etc. This is a ruinous practice that robs the future in order to produce cash today. It does not lead to wealth or financial security.
Jack Miller is the proof of the pudding. At age 45, his 38 houses produced $43,060 net income per year, so he quit and began to tour America in motor home. After several months he became bored and started the first ever seminar on buying single family houses. No doubt that the seminar business was a great business; but the point is, that Jack never had to work again because of cash flow from his real estate.
You can do it too if you are willing to work for it. We can teach you how!
At CashFlowDepot.com you can learn the skills necessary to buy and sell houses for quick cash but more importantly, you will learn the skills necessary to buy houses which will produce great cash flow from day one… and WITHOUT using bank financing. You’ll also learn how to select the right tenants to put in those houses.
CashFlowDepot.com is here to teach you how to be wealthy and how to retire early. The training is not theory! It is based on Jack Miller’s 45 years of experience, my 20 years of experience, plus training from many other real estate legends like Peter Fortunato, David Tilney, Dyches Boddiford, Prentiss Yates and Lonnie Scruggs
Join CashFlowDepot.com in June for only $97 per year. SAVE $200! CLICK HERE
The sooner you get started, the sooner you can stop worrying about money, quit your job and enjoy the lifestyle of your dreams. Maybe you could even join me in tropical Central America! (several cashflowdepot members already have)
IT'S TIME TO MAKE A DECISION FOR YOUR FINANCIAL FUTURE
If you aren't 100% certain of your future financial security, it's time for you to make the decision to become financially independent. This will be an easy decision! Either you're happy with your lot in life or you're not! Either you've already provided for your family's financial security or you're willing to bet their lifestyle on your employer or the government. It's up to you to take action now before time passes you by.
Wouldn't you really rather control your financial future yourself? You can, as a real estate entrepreneur. Thousands have done it before you starting with little cash or know-how. They didn't have the advantage of being coached by someone like Jack Miller who's been where you are now, and gone where you want to go; someone who can make it happen a lot faster than you think possible if you take Jack’s advice. It's your choice…
Best of Success… and Freedom
Jackie
P.S. Make that first move and join our family of Real Estate Entrepreneurs at CashFlowDepot.com. You have nothing to lose with your 30-day money back guarantee.
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