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Another Successful Mike Student! #51

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Manage episode 155927771 series 1171096
Content provided by Morning Money Show. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Morning Money Show or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Matthew took Mike's training 4 years ago. His first time out of the gate he purchased a lot in Southwest Florida for $5700. He hasn't sold it yet, but has received numerous offers, the highest being $15,000. For now Matt is holding on to it and may some day build a rental home there. But then again, if the price is right he'll sell it and reinvest the proceeds. Recently, Matt bought a house at a tax deed sale for just $14,000. He put $15,000 into it and has just rented it out to an excellent quality tenant for $800 per month. He handled everything remotely, just like Mike teaches, and is now sitting back enjoying an 18.25% cash-on-cash return. Not bad for someone who knew almost nothing about real estate before he met Mike.

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47 episodes

Artwork
iconShare
 
Manage episode 155927771 series 1171096
Content provided by Morning Money Show. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Morning Money Show or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Matthew took Mike's training 4 years ago. His first time out of the gate he purchased a lot in Southwest Florida for $5700. He hasn't sold it yet, but has received numerous offers, the highest being $15,000. For now Matt is holding on to it and may some day build a rental home there. But then again, if the price is right he'll sell it and reinvest the proceeds. Recently, Matt bought a house at a tax deed sale for just $14,000. He put $15,000 into it and has just rented it out to an excellent quality tenant for $800 per month. He handled everything remotely, just like Mike teaches, and is now sitting back enjoying an 18.25% cash-on-cash return. Not bad for someone who knew almost nothing about real estate before he met Mike.

  continue reading

47 episodes

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