I didn’t even know what that phrase meant. Portfolio was a word rich Wall Street people used on TV. I was just trying to keep the lights on and be happy I could at least make enough salary to allow my wife to be a stay at home Mom. Here’s what actually changed for me 1️⃣ I started looking for things that made sense to me. I bought a study course on late night Infomercial How to buy your first Investment Property with No Money Down Carlton Sheets. 4 Payments of $74.99 2️⃣ That was it I poured over this material and did what he said. I got my team together and looked at as many properties as my Realtor would take me to. I still have that Study course and in that book I wrote April 1 1999 I bought my first rental income property following the magic 1% rule. Rents must be greater than 1% of the purchase price. Rent = $1,400 and the purchase price was $136,500 💬 Your turn:Where are you right now? - “No portfolio, no clue (that was me).” - “Just getting started.” - “Already building, want to go bigger.” Does this get you excited? Let's jump on a call Use this link https://calendly.com/mike-2347/30min Drop it in the comments so I know who I’m talking to 👇

What can you work on Today that can bring in another form of income? Here's an example. I lent out $15,000 to a house flipper for an earnest money deposit (EMD). I will get back $16,500 Monday for a 10% return on investment. I did the loan 3 weeks ago. 💰 How Fast Money Works So what does that look like annualized? Let’s do the math - 3 weeks = about 17.33 periods per year (52 ÷ 3 = 17.33) - 10% × 17.33 = 173% simple annual return ⚡ Cash flow beats saving every time. You got the whole day to find a stream of Income!

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Kicking off 12 hours of Wealth information! Use this link to get in https://go.eventraptor.com/summit/wealth-20-summit-2510/mikeruscica See you on the inside! 12PM - 6PM Eastern Today and tomorrow

There is a house I drove past yesterday that has 2 tarps on the roof. Yes in Point Pleasant NJ! I want to knock on the door and offer to pay for a new roof out of my retirement account. I will explain to the homeowner that we will get an appraisal done tomorrow and record an option to purchase stating that today's value compared to the future value of when the house sells for, we split the amount of increase 50/50. In other words, today's value = $600k and the date of sale is worth $650k we split the 50k. If the value goes down we split nothing. They always come back and say "I don't ever intend on selling this house" well then, you got yourself a free roof! My mentor has done this countless times over the years and has been dead 16 years and the checks keep rolling in to the family! They have no idea how many of these deals he did. He used to go out driving on Sundays just pulling over for those big blue road signs and made roof deals! Houses sell. It might take 30 years but houses sell! Some fat checks are showing up! Jack Miller the legend!