Focused on Retirement Is this too Extreme?
My mentor Jack Miller was focused on retirement. Check this out.
He used to drive around Florida and if he saw a tarp on someone's roof he would pull over and knock on the door.
"Hey I see you have a tarp on your roof" yup the roof leaks. "How about I pay to have a new roof installed for you. Whenever you sell your house, we will split the profit" What do you mean? We'll get an appraisal done now, and if the appraisal comes in at $250,000 if you sell your house later for $275,000 we will split the difference, the $25,000. If it comes in less than $250,000 you pay nothing.
Jack said they would process this and quickly say, well I don't ever intend on selling my house. "Well then you got yourself a free roof!"
Using his self directed IRA to pay for the roof, Jack would cloud title recording a simple document stating the terms and boom done! On to the next tarp!
Well, nobody knows how many of these deals Jack did, he passed away in 2009 but some huge check keep rolling in!
That is focusing on his retirement. Is this extreme?
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Mike Ruscica
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Focused on Retirement Is this too Extreme?
Retirement CASH FLOW
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Retire wealthy with multiple streams of income! Build these streams one by one. Get one going then work on the next. NO: stocks bonds mutual funds!
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