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MARKETPLACE Be Your Own Boss - Take That Job and Shove It

CashFlowDepot

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CashFlowDepot Presents a Special Financial Freedom Seminar

Join us August 8th – 10th in Las Vegas at the Golden Nugget to discover exactly how EIGHT of Jack Miller’s students made the transition from an unsecure salary to a secure financial future being their own boss.

The secret?

They learned how to CREATE THEIR OWN INCOME!

The speakers will share the process of knowing when to take the plunge, how to overcome challenges, mistakes to avoid, and how to build your real estate business on a SOLID foundation. Our EXPERT team of real estate investors have been in your shoes and they are coming to Las Vegas to help you BECOME FREE. It’s never too late or too early to begin.

This event is for:

> Anyone who already has a real estate biz but needs to take it to the next level.
> Anyone who is concerned about losing a job and does not want to get another one
> Anyone who wants to create a more secure financial future
> Anyone who is part time but wants to learn BETTER ways to make money

Each of our presenters were carefully chosen not only because they made the switch from employee to full time entrepreneurs, but because they have built successful businesses and live a lifestyle that many only dream of.

These are NOT the tape and book sales people. They are the REAL DEAL! Not only will you learn the steps they took to replace their salaries, they will show you how they continue to find and make deals every day. You’ll learn the various and unique strategies each are using today to continually build their estates and generate cash and cash flow

You’ll learn:

> How to Replace Your Income BEFORE You quit your job
> What’s the FIRST THING you should do if you get fired
> Which critical detours to AVOID that can suck your money dry
> The two EASIEST ways to MAKE CASH every single day
> How to use the INTERNET to make your job easier


There’s more…


>Effective ways to MANAGE time & scheduling & what to avoid
> Lead generation strategies to FIND DEALS to make QUCIK PROFITS
> Outsourcing and using virtual assistants WITHOUT employees
> How to NOT be a landlord but still get Cash Flow and Equity
> How to ACCELERATE your earnings exponentially

SPECIAL INTERNET and TECHNOLOGY SESSION:

> How to Get Motivated Seller Leads FREE
> How to increase credibility with a web site
> How to get money coming in every money while you grow your biz
> Creative ways to build any business fast
> How to do the work once and get paid over and over again
> Use FREE and low cost online and offline techniques to boost profits
> How to Cut your marketing costs drastically
> Make Your Cell Phone as Your Virtual Assistant

SPECIAL DISCOUNT – CashFlowDepot Members and CommonWealth Subscribers pay only $297 or $394 for TWO. A $200 SAVINGS.

SIGN UP HERE or call 1-888-282-1882 to Register NOW.

If you’re not a CashFlowDepot member, your price is still a GREAT BARGAIN at only $497 or. . .

Join Cash Flow Depot now for only $97 so you can save $200 off the price of the seminar.

Even if you already have a successful real estate business, you’ll learn NEW ways to increase your cash and cashflow so you can take your business to the next level.

CLICK HERE for MORE DETAILS and to Register for this SPECIAL Financial Freedom seminar or call 1-888-282-1882

Seating is filling up FAST. Don’t wait – sign up today before we SELL OUT
 

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CashFlowDepot

CashFlowDepot

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A Special Message from Jack Miller - Part 1 of 4 parts

Is your cup half full or half empty? Let’s take a look at the empty half first?

We’re far enough along in this recession to seriously examine where we are going and how prepared we are to reach our goals. More to the point, are we certain that those optimistic goals we set a few years ago are still attainable? We in the house business have historically relied upon the combination of easy credit, leverage, appreciation, income, market demand, and tax shelter to create wealth in the form of equity. Is this still valid?

Many of these benefits are fading away today. In many areas, in order to
sustain the market demand, sellers are being forced to cut prices and rents; and each price cut comes directly out of the equity that was so carefully created.

Although new home buyers and owner occupants are being tempted with low
interest rate loans, non-owner occupants are having a hard time finding the credit they need to continue to acquire homes either for resale or to hold as long term investments. Government promises of bank and owner bailouts, difficulty in being able to evict non-paying tenants without lengthy legal proceedings, and the threat that the tax code is going be revised to make more of our income taxable are making it much more difficult to attain the profit margins we recently enjoyed.

What about the full half? In the short term, we are facing many challenges that must be overcome; but in the long term, the future holds even greater promise for those who continue to be active. Statistics tell us that the average

American family moves every 7 years or so. To do this they must sell their homes. Millions of new buyers will buy their homes at today’s low prices. In a few years there will be a cornucopia of opportunity for real estate and mortgage brokers, hose who Option houses for sale, and those who take title subject to new low interest rate loans to hold houses for income and long term appreciation.

In the interim, a multi-billion dollar backlog of unsold homes in the hands of builders, lenders, HUD, and pre-foreclosed owners must be liquidated.

Instead of sitting on the sidelines waiting for prices to rise, those who buy and sell houses even at lower and lower prices can still make a lot of money.

Although inventory turn over has slowed and profit margins reduced, we are still able to turn over houses we have bought in about 4 months or so for enough profit to motivate us to continue to actively seek out houses to buy, and buyers to sell them to.

Those who are in areas where there is less opportunity to buy houses should take a sharp look at the mobile home market; particularly mobile homes that are situated on individual platted lots. Owners of owner occupied mobile homes have a hard time selling primarily because, as a general rule, brokers are focusing solely on stick-built houses. Owners are reluctant to pay for expensive ads. This leaves the field wide open for entrepreneurs who buy mobiles at discount, clean them up, and resell them into the market using 103% financing under the HUD Access program.

To qualify for this, homes must have been manufactured after July 1976,
only been moved once from the dealer to the lot, and be sited on approved foundations. There’s relatively little competition in this area, and with the numbers of new manufactured homes steadily shrinking, the market for used homes is strengthening.


Today the house business continues to generate income and profit for me.

At today’s prices, it can for you too, but only if you’re willing to make a change. If you are among those who are discovering to your dismay that the security promised by your employer and your 401K plan have largely disappeared; or are seeing your employer’s business failing; or are vulnerable to down-sizing in a corporate merger; it’s time to plan your next step now while you have time.

I was forced out of my job into the house business by Nixon’s recession.

Within just a few years, by taking advantage of the real estate slump and
taking title, subject to existing loans, with very little cash, I was able to retire on rents as a landlord. Making your own career adjustment is what I want you to focus on in this series.

Part 2 coming soon....
 

Dhappy

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Aug 24, 2008
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The mobile home market is great here in fl, I buy the old and the new on land.There is almost zero competition here. Most investors think they are to good for mobiles and are missing the boat. I enjoy nice cashflow from these metal boxes.I.m buying all I can find until I,m broke.
 
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CashFlowDepot

CashFlowDepot

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Dhappy

Mobile homes are an excellent way to create cash flow. But don't stop just because you are out of money. Here are a few ideas on how you can keep them coming:

(1)You can use private money to buy them on an equity participation basis.

(2) If you are selling with seller financing you can sell part of the note to generate more cash to buy more mobile homes

(3) Get on a buy 4, sell 2 plan. Sell 2 to retail buyers to generate a lot more cash to do a lot more deals. Keep 2 for cash flow.
 

Dhappy

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Aug 24, 2008
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The last one is the one I do now, but sometimes I want to keep everything I get. I do buy a few and then sell one that pays for the first one. Lately I have been buying alot more then I,m selling and getting low on funds. I have commited the ultimate investor sin and fallen in love with my properties. It,s going to be hard, but I,m gonna break up with a few.
 

Dhappy

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Aug 24, 2008
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I tried that, but most of the investors around here want a heavy discount .I had one were the buyer put down 10k and his payments are $335 a month for 84 months. The investors wanted to give me 3k for 30 months of the note. No way, I paid 12k for the mobile on land, so I will just ride it out.
 
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CashFlowDepot

CashFlowDepot

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Instead of selling the note, you can do equity participation. Get a private lender to put up ALL the money to buy the mobile homes and give them 1/2 of the cash flow and 1/2 of the upside.

The advantages to you:

(1) you can do many more deals because you don't need any case
(2) your cash flow will go through the roof

One investor I know in St. Pete used this technique with several private lenders. They had an agreement that each private lender would buy 10 properties and the investor would manage them. they shared cash flow, upside, and expenses equally. At the end of 10 years, they split the properties in half.

He now has 65 free and clear properties (with average cashflow of $800 per month) and all he had to do to get them was find the deals and manage someone else's properties for 10 years.

Even if you give up 1/2 the profits, if it helps you get twice as many deals, it is worth it especially in this market where there are SO MANY great deals available.
 

Dhappy

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Aug 24, 2008
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I don,t think I would like managing a large amount of someones elses properties. I tried the partner route one time and it did not work out to good. Plus managing a large amount of mobiles would be more then a fulltime job. I like your third idea the best and is the one I use now.The cashflow I make off my units now pay all my living expenses,but I get bored and keep looking for deals.
 
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CashFlowDepot

CashFlowDepot

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Message from Jack Miller == part 2

Are you ready, willing, and able to change careers? Today, a lot of people have lost their jobs. Many worked hard most of their adult lives to build a successful career. They tried to learn all they could to update their qualifications by going to school
and attending seminars.

Suddenly, everything seemed to change. The things they thought they knew about their job no longer seemed to apply. Their experience didn’t prepare them for the situation they now find themselves in.

Friends who had comprised their support group have melted away as they have fallen farther and farther behind financially. Now they feel lost; isolated; shunted aside by life;
not knowing where to go from here.


Millions of wage earners and entrepreneurs today are suddenly discovering that they have become obsolete in today’s changing world. If it hasn’t happened to you yet, how do you know it won’t in the future? If you lost your job and there were no others like it, what other job would you be qualified to hold? Where would you find it? How would your salary compare with that of the job you last held? How would you pay your bills
and support your family at that pay level?


A few weeks ago, a Job Fair was held where I live. A new shopping center was preparing to open up. Employers were looking for sales people, security guards, clerks, administrative assistants, maintenance personnel and custodians. Supervisors were needed at various levels of management positions as well as staffers with professional qualifications and prior experience as Bookkeepers and Accountants, Human Resource Managers, Buyers, and Retail Sales Managers.


Over 7000 applicants stood in line for hours to apply for 600 positions that had to be staffed. Local TV channels carried the event. Job applicants primarily came from the local area. Many had been unemployed for as much as a year. They clearly wanted to get back to work; yet few seemed to have spent very much time trying to stand out from the crowd. Most of those who were looking for work wore casual street clothes. Some wore ear-buds and were listening to music. They were obviously not concentrating on how they would present themselves in their interview.
A complaint among interviewers trying to find people to fill the jobs was the shortage of educational qualifications, pertinent experience, people skills, and attention to dress and grooming. Few applicants seemed to have researched the job they were seeking; or seemed capable of explaining specifically how the services they could provide would justify the costs of their wages and benefits. Their main concerns were with employee benefits, wages, overtime pay, etc. rather than job requirements,
performance incentives, and long term career possibilities.


When queried about the screening criteria and basis for selection of successful applicants, interviewers pointed out some facts that should have been obvious. With ten applicants for every job, their first task was to ruthlessly eliminate those who wouldn’t work out. Rather than looking for the best applicant, they sought to weed out the worst. Those with incomplete applications, tattoos, multiple body piercing, and inappropriate attire were eliminated first. Those who hadn’t researched the list
of positions well enough to match available job openings to their personal and professional qualifications were also eliminated quickly. That still left a lot of job seekers competing for relatively few jobs. Those who stood out appeared to be dressed for the jobs they were seeking as though
already employed. It was obvious that they had made an effort to give a good initial impression by their appearance as well as their interest and knowledge about the position they were aiming for. Men wore ties, with and without coats. Women wore makeup and were well groomed. Some carried laptops. They seemed to understand that, as employees who would interact with retail customers, the impression they gave would
enhance or detract from their employer’s image. As a result, many of them found good jobs while others who had apparently not invested their time in their own future success wound up being passed over or settling for low-level jobs with limited career possibilities.

If you don’t want to compete for a job in a “cattle-call†like the foregoing, there’s a more palatable choice.


Announcing a special event in Fabulous Las Vegas, August 8-10:

'GO FULL TIME and BE THE BOSS'
Learn how to make the transition from employee to
full time real estate entreprenuer


Click here for more information
 

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CashFlowDepot

CashFlowDepot

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Be your own boss. Two times in my life I found myself unemployed. The first time, I learned to write really good résumés, but went through over 200 interviews before I learned how to dress, act, and respond to questions. The second time, when I lost my job at age 40, I realized
I didn’t want to work for anybody else anymore. My only recourse was to go into business for myself; thus, I more or less failed into real estate sales. The bad news was that, as a beginner, I had to learn a completely new set of rules and start working without the safety net of a regular
paycheck. The good news was that, as a salesman working solely on commission, I’d be paid in accordance with my own job performance; and as I learned, I could steadily increase my income.


Bear in mind that I had worked for wages for decades before making the switch to being a salesman. I was scared to death. My only recourse was to spend every waking hour trying to learn the ropes. I had to study all the laws that applied to selling houses. I had to learn how to list and sell houses; then to fill out contracts and shepherd them through financing,
clearing of contingencies, and settlement. I had to find ways to pay regular periodic bills with income that came in spurts instead of from a steady salary. And I had to convince my family that this was the best career choice I had. After many months of trial and error, during which
I killed many a budding sale, I made the transition from depending upon the whims and business judgment of corporate bosses to being the boss myself. You can do it too; especially if your future boils down to low-level jobs with no future.


Many people trying to go from a salaried job into direct sales fail for a number of reasons that have more to do with their attitudes than the requirements of the job. Being a good salesman requires a high level of enthusiasm and optimism. You have to be a self-starter. Nobody is
going to drag you out of bed everyday and make you go to work; you have to do this yourself. You must exude optimism and truly believe you can make a living selling houses. You have to find customers who need the house you have for sale. To do this, you must find a way to establish personal rapport with them. You must believe in the house you’re selling and be able to communicate how it will meet buyers’ needs within their budget. You have to find a way to set yourself apart from your competitors so your customers will remain loyal to you while you
find them the house they need.


All of this sounds hard, but almost every entrepreneur must find ways to do it in order to build a business. It takes time. I started as a salesman and opened my own one-man brokerage on a shoestring as soon as I could. The first year my annual income barely exceeded that of my
former job. As I learned more about the business, I made more money. By the second year I tripled my former salary. By the third year I was buying, fixing and selling more houses that I’d optioned, than those I listed. The fourth year I became a “buyers’ brokerâ€; being paid 10% of
the purchase price for any house I bought for an investor. The fifth year I closed my brokerage office and retired on rental income from 38 houses I had kept as rentals.


I learned a lot about myself and about business during this time. First of all, when you’re in business for yourself, every day you take off can not only deprive you of an opportunity to make money, but also increases the workload when you return to work. In short, I said goodbye to vacations, weekends, and days off. My 40-hour workweeks became a memory. While my wife held things together in the office and answered the telephone at home, I worked the neighborhoods clear into the night; listing, showing, selling, and closing house deals. I calculate that my wife and I each worked over 90 hours a week for five years before we were finally able to quit. In the final analysis, this was well worth it. I was able to retire at age 45. Somehow my two teenagers survived it all and helped out when they could.

Most businesses fail during their first three years because of lack of money. By deliberately electing to remain a small company without any debt, inventory or employees, I avoided the distractions and stress that many new businesses need to cope with. Fortunately, real estate brokerage and Options enable one to do this while generating a lot of money from sales.


Listen To Jack Miller Discuss How He Became His Own Boss Here
 

RealOG

Bronze Contributor
Speedway Pass
The cashflow I make off my units now pay all my living expenses,but I get bored and keep looking for deals.
This is a clear sign you need to up your game. For me, its not enough to be comfortable. I want to live the life of the ultra wealthy. It's like a game where I am focused on making it to the next level.

10k --> 100k --> 1M --> 10M --> 100M

I have been tracking progress to these goals for over nine years now. If you are a mover and a shaker, don't get complacent. Keep pushing yourself and expanding your abilities. Look at the wealthy individuals on this forum, many of them have already achieved (or more) the level of success many others dream about as an end state. Yet they do not stop pushing forward: some are writing a book, others are building a syndication business, still others are casting a wide net of building new businesses.

Don't stop growing and don't become complacent. It's the No. 1 killer of champions.
 

AroundTheWorld

Be in the Moment
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It's like a game where I am focused on making it to the next level.

10k --> 100k --> 1M --> 10M --> 100M
When is enough enough? Hubby and I talk about that all the time.

Figured out your next level can be all kinds of different things:

10K ---> --> Start a Charity --> Adopt a Child --> Dig a well --> build a school --> raise a family. (etc. etc.)
 
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CashFlowDepot

CashFlowDepot

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Because there is so much opportunity with real estate right now,
this is your big chance to get all the real estate you need to support
a comfortable lifestyle anywhere in the world for the rest of your life.
You can accomplish all this in less than 5 years.

Instead of spending 30 -40 years of your life working to create wealth
so you can retire at comfortably at age 65, this is your chance to get
on the fast track and accomplish the financial security much faster.

Many have acquired all the real estate they need to live comfortably
while they are still in their 30’s and 40. That means the rest of their
life they can do basically anything they want.

Most of these early retirees prefer to continue to build more wealth with
real estate but they can work at a more leisurely pace after their basic
living expenses have been met. They work when they want to.

Some take several months off every year to travel the world. Here’s an
example:

A few years ago I went to South America for a month. A group of real
estate friends met in Buenos Aires to spend a few days before we got on
a 3 week cruise that took us to several ports in Argentina, Uruguay, the
Falkland Islands, around the horn of South America, then to several stops
in Chile. I spent several days in Santiago before flying back home. Some
in my group even visited Brazil for a week before going to Argentina and
half of the group went to Peru for a week after the cruise.

On the cruise, the average age of the passengers was 65-70. Many told
me they had saved all their lives to go on the cruise and it was their life-long
dream. But sadly, many who waited until they were 65 to go on the cruise
were not in good health so they could not enjoy the fantastic ports. They
could barely get around. Some were even in wheel chairs. Some could not
even leave the ship they could only enjoy the beautiful sites from the ship.
These passengers were on the Slow Track. That involves going to college,
getting a good job, working for 40 years, and waiting until you are 65 to retire.

There is a much better alternative! You don't have to wait to experience all
the things you dream of doing!


CLICK HERE to learn how to get on the FAST TRACK so you can retire within
the next 5 years if you want to. You'll receive a step-by-step plan of how to
retire in less than 5 years with a monthly cashflow of $15,000- $30,000

August 8 – 10th in Vegas, you’ll learn from eight of Jack Miller’s students who
achieved financial security 20 – 30 -40 years earlier than most of their neighbors.
They will teach you exactly how they did it and what they are doing now to make
their financial future even better.

Hurry, sign up now, we are just about SOLD OUT. SIGN UP HERE
Prices as low as $297!


I look forward to seeing you in Vegas August 8 - 10th

To Your Extreme Success,

Jackie Lange


P.S. Our MYSTERY GUEST, Mr. X, will show you how to use FR.EE SOCIAL MEDIA tools to find motivated sellers and build a buyer's list.
 

RealOG

Bronze Contributor
Speedway Pass
When is enough enough? Hubby and I talk about that all the time.

Figured out your next level can be all kinds of different things:

10K ---> --> Start a Charity --> Adopt a Child --> Dig a well --> build a school --> raise a family. (etc. etc.)
It depends on who you are asking. For me, $100M is the stopping point. I chose money as my metric because its the easiest to measure, but it could just as easily be action items. Really, $100M means nothing, its the lifestyle, achievements, and social respect that comes along with it.

Dollahz is just easier to measure for me.
 
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CashFlowDepot

CashFlowDepot

Gold Contributor
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May 16, 2009
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www.CashFlowDepot.com
Any income you get over what you need to live on is just taxed away ( and it's going to get worse) , so it's better to use benefits from your entities to support your lifestyle, take as little taxable income as possible, and do just about everything else in a tax free/tax deferred environment like an IRA or a Roth
 
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CashFlowDepot

CashFlowDepot

Gold Contributor
Speedway Pass
May 16, 2009
711
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385
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www.CashFlowDepot.com
Our hotel room rate of $39 for weeknights and $69 for Friday and Saturday at the Golden Nugget expires on Tuesday July 28th

If you have not already done so, book your hotel ASAP for the Be The Boss, Take That Job and Shove It seminar in Vegas on August 8 - 10th

At this seminar, you'll learn how to Go Full Time in your own real estate business.

This is a NO SALES PITCH seminar.
 

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