The Best Investment for Passive Income
Have you ever wondered what the best investment for passive income
In this post, I’m going to share with you what the absolutely best investment
for passive income success is for you. Yes, YOU.
Some of you may be disappointed when you hear it and some of you may
feel a sense of relief. Regardless of how you feel when I tell you this answer
I can promise you one thing: this is by far the single best investment for
your passive income future. No if’s, and’s or but’s about it.
So what is the best investment for passive income?
What is the Best Investment for Passive Income?
YOU ARE! Yes, you are the best investment
that you can make for your passive income future.
Folks, you need to start investing in yourself. Yes, the single best
investment when it comes to passive income is your ability to
INVEST IN YOURSELF!
If you think “invest in yourself” is a little too self-helpy for you or
a little too out there for you then you know what? Call it an education.
Call it training. I don’t care what you call it but you must take this step
to invest in yourself if you want to change something that you do not
like in your life right now. (For most folks, that’s either lack of money
or lack of time with family and friends.)
So many folks out there want the best investment for passive income or
the best investment for anything but they aren’t willing to go that extra
step and invest in themselves.
What do I mean by Invest in Yourself
Now you know the best investment for passive income is your ability to
invest in yourself.
But what exactly does that mean? Well, when you invest in yourself you
will sometimes invest your time.
You will sometimes invest your money. But for the majority of situations
when you invest in yourself you will invest your time and your money.
If you want to know how to do something that someone else already knows
how to do…..why would you think that someone should walk you through
that information for free?
This is a very serious question. You can take a moment to think about it.
They have already invested in themselves by investing their time and their
money and now they are successful, so why do YOU think they should spill
their guts to you for free?
Because you’re a nice person? Because you have no money? Because you have
big things planned? Why?
I have news for you…most of these people that you are wanting free information
from are nice people too, they also HAD no money and they had and still have
But they did something that most other people won’t do…they said you know what
I’m going to invest in myself.
Listen, I’m not telling you to not seek out free information. Free information is
awesome. Heck, that’s how I got started in real estate investing. And that’s why
I provide tons of free information about the ATM business…..
So, free information is great. But at some point you have to say to yourself
“Self, I want this (whatever THIS may be) and I need more then this free information. I know
this is someone that I can trust and that will help me get to where I want to be, so
I need to go ahead and tell myself that the time is now to invest in myself. I need
to go in a different, more better, more financially secure direction in my life and the
only way it is possible is to invest in education for myself and yes, this person deserves
my hard earned money while I invest in myself because they are more than willing to
help me since THEY CHOSE to invest in their self a long time ago to learn what I want
to know now.”
That was a mouth full, I know. But please, take a moment to read it, feel it and understand
Free information will only take you so far. Free is great for a while. But that old saying
“you get what you pay for” is very true.
This post has been a long time coming. I don’t want it to come off like I’m being some
jerk, but the reality is if you know something that I want and need to know how to do
then you DESERVE to be paid for that knowledge….don’t you agree?
Same goes for me. If I know something that you want and need to know how to do
because you feel it will make you happier? healthier? wealthier? more secure? etc.?
then I DESERVE to be paid for that knowledge as well, right?
And when I say “I” here I’m not really just referring to I. Of course, if you’re interested
in creating a lifetime of passive income by owning ATM machines then yes, I would be
appropriate for me when it comes to your best investment with ATMs lol but when
I say “I” that really is referring to anyone out there in the real world or the internet world
that has the ability to teach you something that you do not know and that you want to know.
Whether it be a real estate investor, online marketer, network marketer, etc. Anyone
that has special knowledge that you want. PAY THEM FOR THAT KNOWLEDGE…there
is nothing wrong with that, it’s how you invest in yourself and I promise you that
when you choose to invest in yourself it will be the best investment for passive
income you’ve ever made!
Can I share with you real quick what happens when you invest in yourself? When
you choose to invest in yourself you now have this new knowledge that you can
use and take action on for the rest of your life. NO ONE, and I mean NO ONE
can take that knowledge away from you.
You can use it to make more money for the rest of your life.
You can use it to spend more time with your family for the rest of your life.
You can use it to really design the lifestyle that you want….for the rest of your
But it’s YOURS forever, because you finally chose to invest in yourself. Can’t nobody
take that from you. And because of that, you can always, always bounce back from
any situation, any job loss, any down economy. You are at the mercy of no boss,
no manager, no job market…….you have the ability to create your own destiny because
you chose to invest in yourself. And that is real power. And that power makes investing
in yourself the best investment of your life.
Tell me below how did you invest in yourself this month so far? Why did you make
that investment? What is your ultimate goal that you are seeking?
Many of you know I was off getting married this past weekend (9/10/2011) and the wedding planning has been why I have been out of the loop lately.
But now the wedding is complete, I’m officially married (well it was in Cape May, NJ, so it’s technically a “civil union” but ya’ll know what the deal is) and I can get ready to rock and roll again.
I have a lot of good stuff in store for you coming up and I have a lot of cool and exciting announcements coming up for me and my business too.
In the meantime, I thought I’d leave you with a funny video. This is the father/daughter dance that me and my dad did at the reception after the wedding ceremony. Yes, we are in shorts…..it was a very beach, casual wedding.
Oh and you may want to fast forward to :50 into the video. I promise it’s worth the watch (don’t laugh TOO much tho, ok? 😉 )
Enjoy the video. Here is Kathy and I on the big day:
Let me know what you think of the video……..
Introducing ATM Business Blueprint
I’m very, very proud to finally present the ATM Business Blueprint: Your Guide To A Profitable ATM Business That Provides A LIfetime Of Passive Income.
I can honestly say that I’ve been through a few different ATM programs and even though I’m biased, I know that I am, I really can say honestly that this is hands down the best, most comprehensive ATM course out there.
Who is the ATM Business Blueprint for?
The ATM business itself is so versatile and so easy to implement within your current situation that this business is perfect if you are any of the following people:
- Working a 9 to 5 job but eventually want out
- Always wanted to be involved in real estate but didn’t want the hassles of tenants and toilets
- Are currently involved in real estate and want another passive income stream (you will begin to consider your ATMs like mini-rental properties…..only you just make start liking them better because you don’t have to deal with any tenants or toilets)
- You are looking for ways to add income to your retirement account
- Or maybe you just simple want to add some extra income into your bank account every month
Literally, the ATM Business Blueprint is for anyone that falls into any of the above categories. Â One warning though: Â this course does involve some work on your part.
You are not going to get into the ATM Business and make a ton of money and not have to do anything. Â This course is not a magic little pill to swallow. Â What this course is however, is an exact guide to how you can start a profitable ATM business that provides you with a lifetime of passive income. Â All you have to do is follow along and take action!
Get your free ATM training videos now
I give you 3 free ATM training videos plus, I even include my exact “road map” (or diagram if you will) of my actual ATM business. Â This is the information, tools and techniques that I use everyday to make money in my ATM business.
Get your free ATM training videos here.
Ok guys and gals it’s time! Time for you to buckle down and grab YOUR financial freedom. It’s right there just waiting for you…..you can do it and you can do it a whole lot sooner than you thought possible!
Today Shae launched her: Financial Freedom GPS and I have to tell you it is awesome! If you know me well at all or even semi well you know that I don’t refer crap. If I refer it and I’m willing to put my name on the line for it then I truly believe in the product. Actually, I even wrote a testimonial for Shae as Kathy and I have been working the plan since October 1st (yes, the beginning of this month.)
This is a must have guide if you want to leave your job (aka the rat race) or maybe you don’t want to leave your job but you want to have options in life….a whole lot more options in life than most folks have. Or maybe you just want a great new step-by-step way to get out of debt and start putting more $$$$ into your pocket! Folks this ebook really is worth the small investment…I can’t tell you enough.
I promise if you follow the simple steps that you (and even your spouse if you have one) can be well on your way to YOUR Financial Freedom.
P.S. Yes, these are affiliate links, but if I’m an affiliate for a product, it’s because I BELIEVE IN IT WHOLEHEARTEDLY!
Well I was on facebook reading Steph from FlipThisWholesaler.net’s status and saw that she was excited about making the top 20 of REI blogs. Soooo being the supportive follower of her blog I went and checked out the list…….and guess what?
THIS BLOG WAS ON THERE!!! Yep, GoinFlippinCrazy.com got an Honorable Mention on BiggerPockets.com list of Top 20 Real Estate Investing blogs and I gotta tell you that a) I wasn’t expecting that at all and b) I was super excited to see I was there.
Man I seriously was excited to see that. I mean sometimes you know when you’re blogging out here in the blogospher you do wonder if anyone is listening, or shall I say watching and reading. Ya know what I mean? I mean you get the wonderful supportive regulars but it’s really nice when other folks find out about you and actually read what you say and really get something from it too! That makes my day. Seriously.
I just wanted to thank Joshua for including this blog as an Honorable Mention on his list of top 20 real estate investing blogs. You’ve just motivated me to kick it up a few notches so I can make the REAL DEAL list next time 😉 Thanks!
Ok so when we plan out our plan for our life there’s probably going to be some things that you have to give up in order to accomplish your life plan, right? Well in Larry Winget’s book People Are Idiots and I Can Prove It!: The 10 Ways You Are Sabotaging Yourself and How You Can Overcome Them he talks about making up your list of things that you’re willing to give up in order to reach your life plans.
Here’s mine that I’m going to share with you. Remember, I encourage you to write your own give up list at home. You can share some of the things you’re going to give up here or keep them to yourself, but the important thing is that you do it and actually write it down. I’m actually going to type both of my lists up neat and print it out and frame it and hang it in my bathroom (we’re going to get a printer tonight when Kathy get’s home from Joe’s soccer game.)
Ok so that’s it. That wasn’t so hard, eh? Again, I can’t wait to get a printer and type this up all nice and neat and then I’m going to hang it in my bathroom (Kathy will be thrilled I’m sure 🙂 In case you forgot, here’s my life plan list that I’m giving all of the above up for.
Share yours or not but please, please DO IT. Go ahead I dare you to think about what are YOU willing to give up to hit your life plan goals?
Here’s the first list that I told you I wanted to share with you and I would like to encourage each and everyone of you to do this for yourselves. When I was in Vegas last month I saw a speaker. His name was Larry Winget. Some of you may have heard of him, some may not have. He’s very abrasive, very in your face, very ummm let’s just say he doesn’t sugar coat things but boy does he tell it like it is. Some people may not like it because the truth is, they’ll have to realize that THEY are to blame for their life fuck ups. 🙂 We don’t like to take blame for that crap, do we?
Anyway, I was very intrigued with him and his speech. When I got home I ordered 2 books by him and the first book I want to talk about is called People Are Idiots and I Can Prove It!: The 10 Ways You Are Sabotaging Yourself and How You Can Overcome Them.
Well the title says a lot eh? lol And you know in your heart it’s true..the part about people being idiots and the part about how we sabotage ourselves. So this list that I’m doing is a list he asks you to do in this book. You want to write out what your plan is for your life in different aspects. Here goes:
Other Secret Stuff-
Ok so that’s the “My Plan for My Life” list. I’m sure you have heard this before or even done this before and labeled it as goals…and that’s really what they are. But ya know, something about the title of this list just resonates more with me then goals.
Feel free to share any or all of your plans for your life here, but definitely please take the time to do it at home for yourself. Check out this post to find out what I’m willing to give up in order to get the things on my life plan list.
Yes! You have found a buyer who wants to write up an agreement on your house. Let’s see what you do now.
When You Find A Qualified Buyer
After you find a qualified buyer you want to write up an agreement of sale. Iâ€™m going to assume that you donâ€™t know anything about an agreement of sale or about how to fill one out. With that in mind, my advice is to then NOT DO IT.
- You should have a competent real estate attorney that you use to help you draw up an agreement of sale and that helps you with all of the rules and laws associated with selling your house (like fair housing laws, seller disclosure forms, etc.) The real estate attorney can even do the closing for you and your buyer (they will take care of EVERYTHING associated with getting your transaction done and getting you your check in your hand.)
- To find a competent real estate attorney in your area you should ask other investors who they use. Also, it doesn’t hurt to call local real estate agents to see who they may recommend.
- If you know how to fill out an agreement of sale then you should have a title company that you want to work with to get your transaction to the closing table and get your check in your hand. They can help you with any questions that you may have, but they may not be permitted to give you legal advice in regards to rules and laws regarding selling your house, but ask, because a lot of them have real estate lawyers within their company that will be happy to help.
- If you don’t have a title company that you use yet or that you feel comfortable with then you can find one by asking other local investors who they use. You can also join a local real estate investing group and ask the folks there who they use, a lot of times there will be title companies and real estate attorneys there trying to market their services. But if all else fails, you might want to find the local REO agent in your area and find out if they know of any investor friendly title companies.
Now take your big check to the bank baby and you can now say â€œI can save tons of money on commissions because I can sell my house myself!â€
I hope you’ve learned something from this 4 part series. If you have any questions, please feel free to post them here.
When you implement the marketing strategies from part 2 of this How to Sell Your House Quickly series your phone should be ringing off the hook. Now it’s time to just handle the calls.
When You Get The Calls Coming In
A lot of folks are just gonna wanna know the price at first if you donâ€™t have it listed already. Then they may want to set up an appointment to check the house out. If youâ€™re not careful you could be wasting A LOT of time. Hereâ€™s what I do:
- First I tell interested folks to do a drive-by of the house. If they like it after driving by I tell them to call me back to set up an appointment.
- If they call me back to set up an appointment I ask them if they are pre-approved for a mortgage. If they say yes, I inform them that they must send me their pre-approval letter before I will set up an appointment to show them the inside of the home (be nice about this, not rude.)
If they say no, then I tell them that they must be pre-approved before I will set up an appointment to show the inside of the home. I generally will refer them to a mortgage person or a small, local bank that I use. (You should do the same. Hook yourself up with a small, local bank in your area that will get people pre-approved to buy your house. You can do this with a mortgage person too, if you have one in mind.)
Now if you’re wholesaling and looking for cash sales then you can ask them if they are cash buyers. If they say yes, ask them if they have proof of funds? If they are a real deal cash buyer they will have no problems answering your question about proof of funds and they will have no issues faxing you such proof. If they are a newbie or someone with no money they will give you attitude when you ask for proof of funds. Trust me on this..don’t waste your time with folks who don’t have the funds to close your deal.
- If they pass all of the above then you will set up an appointment. PLEASE BE CAUTIOUS. These are strangers that you are letting into your home. Always have more than one adult home when having showings and itâ€™s a good idea to have a sign-in sheet for folks to sign and you should make them even show their driverâ€™s license or some form of i.d. I know that you may feel uneasy asking this stuff, but itâ€™s for your own protection.
Word of Caution: If you ever, ever feel uneasy about someone that you are talking to on the phone, do not, under any circumstances let them into your home, especially when you are alone. Women..use that womenâ€™s intuition that you have. Fellas, use that gut feeling that you can get.
(This is probably the scariest part about selling your house yourself, in my opinion.)
- If folks are interested in your house then write up an agreement with them! (weâ€™ll get into that in a few.)
- If they arenâ€™t interested, ask them if they could give you some feedback so that you can improve your chances of selling your home. Tell them to be honest as you wonâ€™t be upset or take anything personally (and hold true to that!)
Ok so moving right along…now you have a buyer. What do you do now? We’ll go over that in the final part of the series How to Sell Your House Quickly.