Michael Myers

Michael Myers

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Photos from Michael Myers's post 08/16/2021

๐๐ž๐œ๐จ๐ฆ๐ž ๐š ๐‹๐ž๐ง๐๐ž๐ซ

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Well thatโ€™s enough about me. Youโ€™ve probably enjoyed what youโ€™ve seen on my page over the last few days and maybe youโ€™re 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 youโ€™re interested, send me a message saying READY!

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The 3 Level Investment Strategyโ„ข๏ธ
โ–ช๏ธ
Saving๐Ÿ’ฐ: Money
Investing ๐Ÿ’ธ: Creatively
Creating ๐Ÿ’ก: Income
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Like ๐Ÿ’•, comment ๐Ÿ—ฃ, and share ๐Ÿ•so more people get to see this!
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04/28/2021

๐–๐‡๐˜ ๐˜๐Ž๐” ๐’๐‡๐Ž๐”๐‹๐ƒ ๐ˆ๐๐•๐„๐’๐“ ๐๐Ž๐–.

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I have been hearing this quote all over the social media world, what does it really mean?

Letโ€™s say youโ€™re 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 didnโ€™t take into account the increasing value of the home youโ€™re trying to buy!

Stay with me.

Letโ€™s 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 youโ€™re approximately $22,000 short. And we havenโ€™t even considered your income needs to be higher to qualify for a mortgage because the property is worth more!

๐–๐ก๐š๐ญ ๐š๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐จ๐ฉ๐ญ๐ข๐จ๐ง๐ฌ?

1๏ธโƒฃ 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๏ธโƒฃ Hope you find a significant other and pool your resources together (leaving your life in the hands of finding โ€œloveโ€).

Or

3๏ธโƒฃ 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.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ฆ๐ž ๐ญ๐จ๐๐š๐ฒ ๐ญ๐จ ๐ญ๐š๐ค๐ž ๐œ๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐จ๐Ÿ ๐ฒ๐จ๐ฎ๐ซ ๐Ÿ๐ฎ๐ญ๐ฎ๐ซ๐ž.

Photos from Michael Myers's post 04/17/2021

๐‘๐ž๐š๐ฅ ๐„๐ฌ๐ญ๐š๐ญ๐ž ๐ˆ๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ ๐“๐ซ๐ฎ๐ฌ๐ญ๐ฌ (ส€แด‡ษชแด›)

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Real estate investment trusts also referred to as a โ€œREITโ€ 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!

๐Ÿ˜ƒ ๐‹๐จ๐ฐ ๐‘๐ข๐ฌ๐ค: real estate is generally a low risk investment because risk is reduced due to how long one can own it.

๐Ÿ˜ƒ ๐ˆ๐ง๐œ๐จ๐ฆ๐ž ๐’๐ญ๐ซ๐ž๐š๐ฆ: REITs pay out dividends or a profit share to shareholders/investors.

๐Ÿ˜ƒ ๐†๐ซ๐ž๐š๐ญ๐ž๐ซ ๐€๐œ๐œ๐ž๐ฌ๐ฌ: the ability to invest in a market that would be hard to achieve along.

๐Ÿ˜ƒ ๐‘๐ž๐š๐ฅ ๐๐ซ๐จ๐ฉ๐ž๐ซ๐ญ๐ฒ: ownership of real estate with having to hold a mortgage.

๐Ÿ˜ƒ ๐‚๐š๐ฉ๐ข๐ญ๐š๐ฅ ๐€๐ฉ๐ฉ๐ซ๐ž๐œ๐ข๐š๐ญ๐ข๐จ๐ง: the value of the properties in the portfolio will appreciate over time which gives the company a higher valuation in the future.

๐Ÿ˜• ๐—Ÿ๐—ผ๐—ป๐—ด ๐—ง๐—ฒ๐—ฟ๐—บ: it could take sometime to receive income or dividend from the REIT or to see a return on investment.

๐Ÿ˜• ๐—ก๐—ผ๐—ป-๐—น๐—ถ๐—พ๐˜‚๐—ถ๐—ฑ: unless you buy a REIT from an exchange, your investment will not be accessible for at least 4-6 years.

๐Ÿ˜• ๐—Ÿ๐—ผ๐˜„ ๐——๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป: 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 Systemโ„ข๏ธ
Saving ๐Ÿ’ฐ: INCOME
Investing ๐Ÿ’ธ: NOW
Creating ๐Ÿ’ก: FREEDOM
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Like ๐Ÿ’•, comment ๐Ÿ—ฃ, share ๐Ÿ•and feel free to DM me with questions!
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03/30/2021

๐™”๐™ค๐™ช ๐˜พ๐™–๐™ฃ ๐™ˆ๐™–๐™ ๐™š ๐™ˆ๐™ž๐™จ๐™ฉ๐™–๐™ ๐™š๐™จ ๐˜ผ๐™ฃ๐™™ ๐™Ž๐™ฉ๐™ž๐™ก๐™ก ๐˜ฝ๐™š ๐˜ผ๐™ฌ๐™š๐™จ๐™ค๐™ข๐™š

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๐™”๐™ค๐™ช ๐™˜๐™–๐™ฃ ๐™ข๐™–๐™ ๐™š ๐™ข๐™ž๐™จ๐™ฉ๐™–๐™ ๐™š๐™จ ๐™–๐™ฃ๐™™ ๐™จ๐™ฉ๐™ž๐™ก๐™ก ๐™จ๐™ช๐™˜๐™˜๐™š๐™š๐™™: Iโ€™ve had investments go to zero ($0), Iโ€™ve had a below 500 credit score and Iโ€™ve 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.
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๐™”๐™ค๐™ช ๐™˜๐™–๐™ฃ ๐™—๐™š ๐™– ๐™—๐™š๐™œ๐™ž๐™ฃ๐™ฃ๐™š๐™ง ๐™–๐™ฃ๐™™ ๐™จ๐™ฉ๐™ž๐™ก๐™ก ๐™ฅ๐™ง๐™ค๐™ซ๐™ž๐™™๐™š ๐™ซ๐™–๐™ก๐™ช๐™š: in the world of serial entrepreneurs and investors I am super young in the game, but I can still bring value to those who havenโ€™t gotten to where I am yet.
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๐™”๐™ค๐™ช ๐™˜๐™–๐™ฃ ๐™—๐™š ๐™˜๐™ง๐™ž๐™ฉ๐™ž๐™˜๐™ž๐™ฏ๐™š๐™™ ๐™–๐™ฃ๐™™ ๐™จ๐™ฉ๐™ž๐™ก๐™ก ๐™—๐™š ๐™–๐™ฌ๐™š๐™จ๐™ค๐™ข๐™š: 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 thatโ€™s self-explanatory haha.
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The 3 Level Investment Systemโ„ข๏ธ
Saving ๐Ÿ’ฐ: INCOME
Investing ๐Ÿ’ธ: NOW
Creating ๐Ÿ’ก: FREEDOM
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Like ๐Ÿ’•, comment ๐Ÿ—ฃ, share ๐Ÿ•and feel free to DM me with questions!
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03/15/2021

๐’๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ ๐’๐ญ๐š๐ซ๐ญ๐ฌ ๐–๐ก๐ž๐ง ๐˜๐จ๐ฎ ๐’๐ญ๐š๐ซ๐ญ!

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Summer of 2014, itโ€™s almost been 7 years since I made my first investment. Now weโ€™re closing in on $5,000/month passive income and pushing for $10,000/month by the end of the year.
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๐“๐ข๐ฉ #๐Ÿ: You need to start to succeed. If I didnโ€™t make that first investment 7 years ago I wouldnโ€™t be here now.
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๐“๐ข๐ฉ #๐Ÿ: You need to start somewhere, the sooner the better. Explore how you can invest now, even if itโ€™s $50/month.
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๐“๐ข๐ฉ #๐Ÿ‘: Seek knowledge as well as financial success. You want to be able to learn along the way so you canโ€™t replicate on your own in the future (eg. I donโ€™t see any financial education postings at your local bank).
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๐“๐ข๐ฉ #๐Ÿ’: Investing doesnโ€™t have to take up all of your time, if you donโ€™t want it to. Learn the difference between active and passive investing.

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The 3 Level Investment Systemโ„ข๏ธ
Saving ๐Ÿ’ฐ: NOW
Investing ๐Ÿ’ธ: NOW
Creating ๐Ÿ’ก: WEALTH - TIME - INCOME
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Like ๐Ÿ’•, comment ๐Ÿ—ฃ, share ๐Ÿ•and feel free to DM me with questions!
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