What is your win or wins for the first month of the new year? 🏆

Even for you experienced investors, you will find this very useful!

Over my desk I have a whiteboard that I use to try to keep up with Deals I have in the works. So let me define what I think is a deal. 1. Any loans that I have recurring income flowing into my Accounts. These could be normal business accounts, retirement accounts. 2. Short term loans that do not cash flow but payoff one time. I list amount out amount in and date expected to payoff. Example $25,000 > $27,500 30 days 3. Properties I have listed for sale 4. Properties I am looking to possibly buy. I am only looking at properties that the seller is willing to hold the note. 5. Outstanding passive investments as hard money loans to house flippers You can not count stocks, bonds, mutual funds, bitcoin, XRP, gold, silver, because you can not control the income of those assets. They go up and down with or without you. They do not deserve to take up space on your whiteboard. I want you to have at least 5 deals up on that whiteboard At all times! What's on your Whiteboard? Need a whiteboard? Let's Go!

How in the World can you have a Wealthy Cash Poor Retirement? * I want no money in my bank or retirement accounts. I want all money out working. Just made a loan this morning for $25k that will come back in 30 days looking like $27,500. I just had $15,000 out, 30 days later $16,500 came back. Another deal, loans out on 2 property flips in Puerto Rico. One is under contract to pay us off and the other is under re-construction. Also another loan out on a rehab property that will payoff in April. I really just started making these types of loans in the last 4 months. It seems easy enough to make a substantial passive income. When I get equity build up on one of my rental properties, I take out equity loans or cash out refinances. Equity is dead money. As long as I can find deals like the ones above, I'll just keep rolling in and out until a Killer deal comes along. I believe the deal of a lifetime comes along about every 4 months. Which would you want, a paid off house or cash out on the street? * other than emergency funds

Keep it simple Pancakes or Waffles?