Cash Flow Cliff Notes

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Note #10

Tyler Sheff - Cash Flow Guys

Tyler Sheff

Michael Marino - Cash Flow Guys

Michael Marino

Leveraging YOUR way

Today, I want to share an eye-opening strategy with you. It’s all about leveraging your resources to maximize your returns.

Instead of using all your own money on a single duplex, imagine the possibilities of using leverage to purchase ten duplexes! This approach allows you to expand your portfolio and increase your potential income.

You might be thinking, “But what about the traditional bank mortgage?” Well, let me tell you, the hidden fees associated with it can be overwhelming. However, there’s a smarter way.

Consider this: If I helped my friend Scott, who had half a million dollars in his IRA. If by utilizing his funds, I bought a duplex and paid him a fair 5% interest. Would that be a win-win situation? Scott earns a steady income and secures his investment, while I enjoy the benefits of additional properties.

Sounds too complicated? I’m glad most people think that, because if they knew who easy it was to be the bank, Tyler would have missed out on 80% of his portfolio! All it takes is a discussion with your local Real Estate Attorney and tell them exactly what you want to do. For example, “Mr. Attorney, I’d like to use Scott’s IRA money to provide him a 5% interest rate backed by 123 Main Street. Can you help my draft up a Mortgage Note for this?” That’s it, use your team!

Real estate is all about relationships, and when you help someone, they spread the word. Soon enough, you’ll find yourself surrounded by like-minded individuals looking to support your endeavors.

So, let’s harness the power of leverage together and build a profitable real estate empire!

To your success,

Mike Marino, The Cash Flow Guys