Michael Myers
08/16/2021
๐๐๐๐จ๐ฆ๐ ๐ ๐๐๐ง๐๐๐ซ
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Well thatโs enough about me. Youโve probably enjoyed what youโve seen on my page over the last few days and maybe youโre wondering how can I get involved!
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My team and I are always looking for new lenders and that can be you.
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Above are examples of what some of our lenders made on our last project.
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Swipe to the last slide to get an idea what your returns could be in the near future!
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If youโre interested, send me a message saying READY!
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The 3 Level Investment Strategyโข๏ธ
โช๏ธ
Saving๐ฐ: Money
Investing ๐ธ: Creatively
Creating ๐ก: Income
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Like ๐, comment ๐ฃ, and share ๐so more people get to see this!
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04/28/2021
๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐.
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I have been hearing this quote all over the social media world, what does it really mean?
Letโs say youโre saving up for a downpayment on a home. The home costs $400,000 so you need a downpayment of 20% which is $80,000.
You have $5,000 in savings so you commit to saving $15,000 per year for the next five years in order to reach your goal of $80,000.
Sounds simple. BUT, you didnโt take into account the increasing value of the home youโre trying to buy!
Stay with me.
Letโs say the real estate market is increasing by a modest 5% per year. That $400,000 property would be worth $510,512 in five years.
So you would need $102,102 saved for downpayment. Well it looks like youโre approximately $22,000 short. And we havenโt even considered your income needs to be higher to qualify for a mortgage because the property is worth more!
๐๐ก๐๐ญ ๐๐ซ๐ ๐ฒ๐จ๐ฎ๐ซ ๐จ๐ฉ๐ญ๐ข๐จ๐ง๐ฌ?
1๏ธโฃ Hope your salary continues to increase with real estate prices and receive a sizeable bonus (leaving your future in the hands of your employer).
2๏ธโฃ Hope you find a significant other and pool your resources together (leaving your life in the hands of finding โloveโ).
Or
3๏ธโฃ Invest your $5,000 today, and then continue to invest your savings each year so that your savings keeps up or outpace the annual real estate market (taking control of your future).
Simple.
๐๐จ๐ง๐ญ๐๐๐ญ ๐ฆ๐ ๐ญ๐จ๐๐๐ฒ ๐ญ๐จ ๐ญ๐๐ค๐ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐จ๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ฎ๐ญ๐ฎ๐ซ๐.
04/17/2021
๐๐๐๐ฅ ๐๐ฌ๐ญ๐๐ญ๐ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ ๐๐ซ๐ฎ๐ฌ๐ญ๐ฌ (สแดษชแด)
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Real estate investment trusts also referred to as a โREITโ is one of the easiest ways to invest in real estate.
A REIT is a company that owns, finances and operates a portfolio or group of real estate properties that produce income.
You bring some of the money, the REIT does all of the work!
๐ ๐๐จ๐ฐ ๐๐ข๐ฌ๐ค: real estate is generally a low risk investment because risk is reduced due to how long one can own it.
๐ ๐๐ง๐๐จ๐ฆ๐ ๐๐ญ๐ซ๐๐๐ฆ: REITs pay out dividends or a profit share to shareholders/investors.
๐ ๐๐ซ๐๐๐ญ๐๐ซ ๐๐๐๐๐ฌ๐ฌ: the ability to invest in a market that would be hard to achieve along.
๐ ๐๐๐๐ฅ ๐๐ซ๐จ๐ฉ๐๐ซ๐ญ๐ฒ: ownership of real estate with having to hold a mortgage.
๐ ๐๐๐ฉ๐ข๐ญ๐๐ฅ ๐๐ฉ๐ฉ๐ซ๐๐๐ข๐๐ญ๐ข๐จ๐ง: the value of the properties in the portfolio will appreciate over time which gives the company a higher valuation in the future.
๐ ๐๐ผ๐ป๐ด ๐ง๐ฒ๐ฟ๐บ: it could take sometime to receive income or dividend from the REIT or to see a return on investment.
๐ ๐ก๐ผ๐ป-๐น๐ถ๐พ๐๐ถ๐ฑ: unless you buy a REIT from an exchange, your investment will not be accessible for at least 4-6 years.
๐ ๐๐ผ๐ ๐๐ถ๐๐ฒ๐ฟ๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป: REITs usually hold one type of property (eg. Commercial, cottages, malls) so if that sector takes a hit, the entire value of the REIT will as well.
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The 3 Level Investment Systemโข๏ธ
Saving ๐ฐ: INCOME
Investing ๐ธ: NOW
Creating ๐ก: FREEDOM
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Like ๐, comment ๐ฃ, share ๐and feel free to DM me with questions!
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๐๐ค๐ช ๐พ๐๐ฃ ๐๐๐ ๐ ๐๐๐จ๐ฉ๐๐ ๐๐จ ๐ผ๐ฃ๐ ๐๐ฉ๐๐ก๐ก ๐ฝ๐ ๐ผ๐ฌ๐๐จ๐ค๐ข๐
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๐๐ค๐ช ๐๐๐ฃ ๐ข๐๐ ๐ ๐ข๐๐จ๐ฉ๐๐ ๐๐จ ๐๐ฃ๐ ๐จ๐ฉ๐๐ก๐ก ๐จ๐ช๐๐๐๐๐: Iโve had investments go to zero ($0), Iโve had a below 500 credit score and Iโve quit on some opportunities too soon, but a lot of people will still look at me and say I want to be where Mike is, Mike is a success.
๐ซ
๐๐ค๐ช ๐๐๐ฃ ๐๐ ๐ ๐๐๐๐๐ฃ๐ฃ๐๐ง ๐๐ฃ๐ ๐จ๐ฉ๐๐ก๐ก ๐ฅ๐ง๐ค๐ซ๐๐๐ ๐ซ๐๐ก๐ช๐: in the world of serial entrepreneurs and investors I am super young in the game, but I can still bring value to those who havenโt gotten to where I am yet.
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๐๐ค๐ช ๐๐๐ฃ ๐๐ ๐๐ง๐๐ฉ๐๐๐๐ฏ๐๐ ๐๐ฃ๐ ๐จ๐ฉ๐๐ก๐ก ๐๐ ๐๐ฌ๐๐จ๐ค๐ข๐: If I had a dollar for every time someone said I worked to much and only cared about money whenever I declined going out. And well, the awesome part, I think thatโs self-explanatory haha.
๐ซ
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The 3 Level Investment Systemโข๏ธ
Saving ๐ฐ: INCOME
Investing ๐ธ: NOW
Creating ๐ก: FREEDOM
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Like ๐, comment ๐ฃ, share ๐and feel free to DM me with questions!
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03/15/2021
๐๐ฎ๐๐๐๐ฌ๐ฌ ๐๐ญ๐๐ซ๐ญ๐ฌ ๐๐ก๐๐ง ๐๐จ๐ฎ ๐๐ญ๐๐ซ๐ญ!
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Summer of 2014, itโs almost been 7 years since I made my first investment. Now weโre closing in on $5,000/month passive income and pushing for $10,000/month by the end of the year.
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๐๐ข๐ฉ #๐: You need to start to succeed. If I didnโt make that first investment 7 years ago I wouldnโt be here now.
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๐๐ข๐ฉ #๐: You need to start somewhere, the sooner the better. Explore how you can invest now, even if itโs $50/month.
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๐๐ข๐ฉ #๐: Seek knowledge as well as financial success. You want to be able to learn along the way so you canโt replicate on your own in the future (eg. I donโt see any financial education postings at your local bank).
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๐๐ข๐ฉ #๐: Investing doesnโt have to take up all of your time, if you donโt want it to. Learn the difference between active and passive investing.
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The 3 Level Investment Systemโข๏ธ
Saving ๐ฐ: NOW
Investing ๐ธ: NOW
Creating ๐ก: WEALTH - TIME - INCOME
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Like ๐, comment ๐ฃ, share ๐and feel free to DM me with questions!
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