857-800-1237 jacky@jackyfils.com

Blog #9: Flux Sux

Every market has its ups and downs, its pros and cons. Some days, your stocks and bonds might be worth top dollar, and other days they might be worth less than when you bought them. It’s important as an investor to keep an eye on what’s going on, but the tides can move so quickly that it gets hard to keep track! A more stable market makes for much simpler management of one’s finances and investments, but in today’s turbulent times, a market like that seems hard to find. So, where can you turn?

Real estate. Stocks, which can wildly fluctuate in value in even a short period of time, represent a potentially very unstable investment. Bonds and mutual funds can present the same problem. But changes in the real estate market tend to move in a much steadier and slower fashion. An investment that you can keep track of is one that you can use to your best advantage- one you can count on.

Buildings and properties are typically owned by the same person for years. Since they don’t change hands as often, the prices of real estate remain relatively stable. They fluctuate, but not as drastically quickly as other types of investment. Another factor is that housing is a necessity, so the demand for rental properties doesn’t change much, even if the greater economy is sluggish.

Real estate also has the benefit of being real and tangible. Rather than being an abstract concept like stocks, real estate is a solid thing. It’s a limited resource- the earth isn’t getting any bigger, is it? So, if you look at the bigger picture, it all makes sense. Real estate is a stable market because it has, in some ways, almost fixed supply and demand forces working for it. It changes, but it changes relatively slowly and predictably. Someone who invests in real estate is unlikely to wake up one morning to find that their properties are suddenly worthless.

It gets old having to try and keep track of the constant peaks and valleys of our investments. Isn’t it better to put your money behind something more secure? Properties can provide a sense of stability that saves investors the headache of a fluctuating market. That’s just one of the many reasons that investors love real estate.

 

About Jacky Fils:

Who am I? I am a Real Estate Investor & Entrepreneur who happens to be a physician. I have chosen this path after understanding very well the in’s & out’s of above-average return on investment (ROI), backed by a solid asset, Real Estate. I have been actively investing in real estate in the western Massachusetts area for a number of years. My mission is to provide quality housing for quality tenants, while at the same time providing an above-average return on investment (R.O.I) for our investor partners. It is truly a win-win-win way of investing!

Jacky offers his investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without the hassle of being a landlord, please contact Jacky.

For more information about Jacky and his investment program,
please call 857-800-1237 or visit https://jackyfils.com/

Blog #8: Buying for Bargains

When you make a profit, you want to hold on to as much of it as you can. You earned it, it’s yours, and you want it to stay yours! But that’s not how it goes. A certain amount of every dollar you make in your life goes towards taxes. It’s unavoidable. So, it’s a good idea to consider ways to make the most of your profits. You want to not only make as much as you can, but also keep as much as you can.

You may be asking yourself, what kind of investment could possibly change the reality of capital gains taxes? Aren’t all investments subject to the same rates, the same drawbacks?

Here’s the thing: they’re not. While capital gains from stocks, bonds, and mutual funds are taxed at a pretty much universal rate, gains from real estate are taxed differently. If you buy a piece of property and sell it for a profit (because you bought it at a discount, or because it appreciated in value, or for some other reason), you will only be taxed on half of the money you made. This is because, in theory, the property should have lost value over the course of time. However, that’s often not the case. It’s entirely possible to resell real estate at a gain, as with any other investment. What makes real estate great is that you have to give up much less in taxes

Those tax savings mean more money in your pocket. There are so many things about real estate that make it a smart investment- the many profit centers it offers, the potential for excellent financing from banks, etc.- but one of the best parts is that you get the chance to actually keep more of your money. That, along with everything else, is great for investors. Real estate investments are an excellent way to build a prosperous future for yourself. Protect your interests by investing in property- you won’t regret it.

About Jacky Fils:

Who am I? I am a Real Estate Investor & Entrepreneur who happens to be a physician. I have chosen this path after understanding very well the in’s & out’s of above-average return on investment (ROI), backed by a solid asset, Real Estate. I have been actively investing in real estate in the western Massachusetts area for a number of years. My mission is to provide quality housing for quality tenants, while at the same time providing an above-average return on investment (R.O.I) for our investor partners. It is truly a win-win-win way of investing!

Jacky offers his investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without the hassle of being a landlord, please contact Jacky.

For more information about Jacky and his investment program,
please call 857-800-1237 or visit https://jackyfils.com/

Blog #7: Banks Love Financing This…

Things cost you what they cost, right? That much seems obvious. If you want to buy 1000 dollars worth of stock, you’re putting 1000 of your own dollars out of your own pocket into that investment. There’s no getting around it- stocks, bonds, mutual funds, gold… whatever your investment is, you’re going to have to pay what the market asks of you.

Except, that’s not the case with real estate. When you purchase a property, a bank will typically finance between 75 and 85 percent of the cost. Your responsibility is only for the remaining percentage, which you put in as a down payment. And yet, 100 percent of the investment (the property) is under your control.

A bank would laugh in your face if you asked them to cover 85 percent of the cost of a few ounces of gold. But if your investment is in real estate, they’re singing a different tune. If you have good credit and are able to make that 15-25 percent down payment, the bank will cover it.

Banks love helping people invest in real estate, and that’s a fantastic thing for investors. By having a bank finance the vast majority of the cost of the investment, investors can minimize the amount of money they have to put into the deal. From there on out, they see all the profits from the property. And remember, real estate has many profit centers!

There are so many possibilities at every step of the way, from the leverage and instant equity we can find when you initially purchase the property, to the profits we make from renting out units, to the value the property gains, all the way out to the potential for reinvesting the money you’ve made off of a property. That’s the great versatility of real estate, and it all begins with making that initial investment.

The simple fact that a bank will be willing to finance an enormous part of the cost of a real estate investment, while still allowing the investor to reap all the rewards, is part of the reason real estate is such a great choice. With the help of a bank, investors can minimize how much of their own money they have to spend, while maximizing what they’re able to make in profit. You don’t have to dump all of your own money into the transaction- the bank can help make it happen. What’s not to love about that?

 

About Jacky Fils:

Who am I? I am a Real Estate Investor & Entrepreneur who happens to be a physician. I have chosen this path after understanding very well the in’s & out’s of above-average return on investment (ROI), backed by a solid asset, Real Estate. I have been actively investing in real estate in the western Massachusetts area for a number of years. My mission is to provide quality housing for quality tenants, while at the same time providing an above-average return on investment (R.O.I) for our investor partners. It is truly a win-win-win way of investing!

Jacky offers his investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without the hassle of being a landlord, please contact Jacky.

For more information about Jacky and his investment program,
please call 857-800-1237 or visit https://jackyfils.com/

Blog #6: On the Right Side of Supply and Demand

Supply and demand might just be the most important factors in our economy. How much of something exists, and how badly people want it, are the defining aspects of how that market works. From an investor’s perspective, the best bets are ones where demand outstrips supply. With these kinds of investments, we find success because there will always be people willing to exchange money for what we have.

That brings us to real estate. The fact is, everyone needs a place to live. Housing is a necessity. So, with that in mind, it just makes sense that real estate would constantly be in high demand. Everyone needs it, so everyone is on the market for it. This means that if a person invests in residential properties, they shouldn’t have much trouble finding people to rent to.

There are a few reasons that demand is greater than supply in the real estate market. One is that demand for housing increases with the population, and the population isn’t getting any smaller. But just because the need for housing has increased, doesn’t mean the supply has. Constructing new rental units costs money, and it’s a cost that won’t be immediately made up for. Profiting from a newly built building takes time.

Meanwhile, many existing apartment buildings have, in the past few decades, been converted into condos. This leads to even fewer options for renters. But people still need places to live! So, by investing in a piece of the real estate pie, you’ve invested into a market that works in your favor.

A market where demand outstrips supply is one that works for investors. Real estate can provide that kind of environment. It’s something everyone needs, and as long as people need shelter, it’s going to stay that way. This is one of the many reasons real estate can be such a lucrative investment.

About Jacky Fils:

Who am I? I am a Real Estate Investor & Entrepreneur who happens to be a physician. I have chosen this path after understanding very well the in’s & out’s of above-average return on investment (ROI), backed by a solid asset, Real Estate. I have been actively investing in real estate in the western Massachusetts area for a number of years. My mission is to provide quality housing for quality tenants, while at the same time providing an above-average return on investment (R.O.I) for our investor partners. It is truly a win-win-win way of investing!

Jacky offers his investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without the hassle of being a landlord, please contact Jacky.

For more information about Jacky and his investment program,
please call 857-800-1237 or visit https://jackyfils.com/

Blog #5: Buying for Bargains

In most markets, prices are largely inflexible. Whatever the market value of gold is at a given moment, you’re stuck with it. Same with stocks- if Microsoft’s stocks are trading at 200 dollars, that’s what you’re paying. You can’t really haggle. Real estate, however, is a different story.

It’s not uncommon for properties to be sold for under their market value. This leads to situations of instant equity.

Instant equity is a phenomenon that occurs when you purchase something at a discount. When you purchase a property for less than its market value, you automatically increase your net worth. This is because, if you were to sell or refinance the property later, it would be worth more than you paid for it, and you would gain that difference.

Because of this, properties that provide you with instant equity are a good investment. The equity you have from these properties can provide a financial buffer in case of problems with them.

So, it seems obvious that buying at a discount is a smart decision. However, you might still be wondering why people choose to sell their properties for less than market value. As it happens there are a multitude of reasons someone might choose to undercharge for what they own.

They might be experiencing financial difficulties that require that they liquidate their assets sooner rather than later. In that instance, they would be more interested in moving the property quickly and efficiently, rather than for top dollar. Someone might be going through a divorce and needing to sell their house in order to settle the case. It can even be as simple as someone inheriting a property they don’t want, and trying to sell quickly simply to wash their hands of it.

Regardless of the reason, people selling their properties on the cheap is a great opportunity for you as an investor. If you’re able to buy at a discount you’re already better off than you were before. Real estate is a rare example of a market where you can barter, and this can be used to your advantage. For this reason and more, real estate is a great choice for investing.

About Jacky Fils:

Who am I? I am a Real Estate Investor & Entrepreneur who happens to be a physician. I have chosen this path after understanding very well the in’s & out’s of above-average return on investment (ROI), backed by a solid asset, Real Estate. I have been actively investing in real estate in the western Massachusetts area for a number of years. My mission is to provide quality housing for quality tenants, while at the same time providing an above-average return on investment (R.O.I) for our investor partners. It is truly a win-win-win way of investing!

Jacky offers his investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without the hassle of being a landlord, please contact Jacky.

For more information about Jacky and his investment program,
please call 857-800-1237 or visit https://jackyfils.com/

Blog #4: Loving Leverage

For more investments, you have no choice but to pay the market price for whatever it is you’re buying. If an ounce of gold costs 1900 dollars, you pay 1900 dollars. You put in the asking price, and that’s that. It makes sense, it’s reasonable- but it’s not the smartest way to turn a profit on your investment. Wouldn’t it be neat if you could find someone else to help you pay for the investment you’re making, while still allowing you to keep 100% of the profit earned?

With real estate, that’s possible. Leverage is when you use borrowed capital in order to increase the potential return on an investment. In practice, this typically looks like borrowing money from a bank in order to purchase a property.

Banks will typically cover 75-85% of the cost of a property, and you make a down payment for the remainder. This limits the amount of money you have to invest in the first place, which is nifty, but what’s really nifty is what you’ll experience as your property appreciates value.

Properties can naturally gain value over the course of time. Say you purchase a property valued at 500,000 dollars, and the bank finances 80% of that. You’ve put 100,000 dollars into that property, with the rest covered by the bank. And let’s say that then, the property appreciates by 5% or 25,000 dollars. It may seem at first glance that you’ve made a 5% profit on that investment, but that’s not actually the case! You get to keep 100% of the appreciated value- AKA, profit!- from that property, but the amount of money you paid remains the same.

With that in mind, you didn’t make 25,000 on a 500,000 dollar investment. You made 25,000 on a 100,000 investment. That is a 25% profit, and that’s great.

In this way, you can use leverage to turn a nice profit. By utilizing the resources that banks have to offer, you can maximize your financial gain and make the most of your money.


About Jacky Fils:

Who am I? I am a Real Estate Investor & Entrepreneur who happens to be a physician. I have chosen this path after understanding very well the in’s & out’s of above-average return on investment (ROI), backed by a solid asset, Real Estate. I have been actively investing in real estate in the western Massachusetts area for a number of years. My mission is to provide quality housing for quality tenants, while at the same time providing an above-average return on investment (R.O.I) for our investor partners. It is truly a win-win-win way of investing!

Jacky offers his investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without the hassle of being a landlord, please contact Jacky.

For more information about Jacky and his investment program,
please call 857-800-1237 or visit https://jackyfils.com/

Blog #3: The Many Roads of Real-Estate Profit

There are so many possibilities to consider when you’re contemplating investing your money. Stocks and bonds, mutual funds and gold- the choices seem practically endless. You have to consider the risks you take and the rewards you reap with each of them. At the end of the day, you want to maximize the profit you’re making from your investments. With that in mind, it just makes sense to invest in the most lucrative option.

Most investment options have one, maybe two potential sources of profit. You can cross your fingers that the value of your investment increases so you can then sell it at a profit, but that’s about it. Isn’t it preferable to have an investment that will give you a profit through multiple avenues?

Let’s talk real estate. Real estate investments provide not one, not two, but eight profit centers. These are:

  • Appreciation
  • Instant Equity
  • Cash Flow
  • Depreciation
  • Leverage
  • Forced Equity
  • Principal Pay-Down
  • Reinvestment

We’re not going to get into each of these in detail today, but right off the bat, you can see from that list alone how real estate can become a gainful investment.

From the day you invest in a property, you can already find yourself better off than you were previously. That’s due to “Instant Equity”, which is what happens when you buy a property for less than its market value. You might be asking why someone would choose to sell a property for under what it’s worth.

There are a few reasons for that: the owner might have inherited the property and decided it’s not worth dealing with, or they might be in a situation where they need to liquidate their assets quickly more than they need to maximize their gains from it. Whatever the case, they need to make a quick sale, and that’s where you come in.

After that, once you own the property, you start getting into all the other profit centers real estate has to offer. Property can naturally gain value over the course of time: that’s the “Appreciation” from the list. You can also expand your profit by renting out the property for an amount greater than the expenses associated with your property: that one is “Cash Flow”. And once you’ve begun making a profit with a property, you can reinvest in even more properties, granting you the ability to increase your net worth exponentially.

You want to make smart investments that are going to pay off over time, right? So why not put your money behind the option that will bring in cash from all sides? Real estate could very well be right for you- with the right investments, you could end this year with greater net worth than you’ve got. The trick is, you’ve got to start.

 

About Jacky Fils:

Who am I? I am a Real Estate Investor & Entrepreneur who happens to be a physician. I have chosen this path after understanding very well the in’s & out’s of above-average return on investment (ROI), backed by a solid asset, Real Estate. I have been actively investing in real estate in the western Massachusetts area for a number of years. My mission is to provide quality housing for quality tenants, while at the same time providing an above-average return on investment (R.O.I) for our investor partners. It is truly a win-win-win way of investing!

Jacky offers his investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without the hassle of being a landlord, please contact Jacky.

For more information about Jacky and his investment program,
please call 857-800-1237 or visit https://jackyfils.com/

 

Blog #2: Where the Wealthiest People Invest

When you invest, you want to do it right. But making the right investments can be a tricky process. Should you buy gold? Diamonds? Should you put your money in mutual funds or stocks? The options are many, and it can seem a little overwhelming.

The thing is, it doesn’t have to be. If you want to make the smartest investment for your finances, your best bet is to look at what the most successful people are doing. And where, exactly, are they putting their money? Real estate.

Real estate is one of the best investments a person can make. 60% of the wealthiest investors in the world have put their cash behind land and properties, and that success speaks for itself. If you know what you’re doing, you really can’t go wrong with real estate- property has an inherent value. It doesn’t go anywhere, and it’s something everybody needs.

Everyone has to have a roof over their head. By investing in real estate, you’re laying down the foundation for a stable and prosperous future. Those in the know know that a good investment is one that appreciates in value and is in high demand. And the demand for real estate never goes away. It’s a limited resource- the planet isn’t getting any bigger, is it? Getting your hands on a piece of that pie is a great way to get your fiscal feet under you and start seeing the returns you want.

Wealthy people know better than anyone how to create wealth. That’s just a given, right? They’ve done the work, they’ve done the investing, and now they’re reaping the rewards. That could be your reality, too, if you just follow the right steps. You’ve got to do what the successful people have been doing in order to see that same success. What so many people have found prosperity in is real estate. It’s only a matter of starting

If your dream is to get a great return on your investment, with the security that comes with knowing that your money is backed by a real, tangible, and valuable asset, try investing in real estate. The choices you make today are the building blocks for your future. Making the right decisions now is how you ensure a prosperous tomorrow for you and your family. You- yes, you!- could soon begin investing smart and seeing the results you deserve.

Until next time!

 

 

 

About Jacky Fils:

Who am I? I am a Real Estate Investor & Entrepreneur who happens to be a physician. I have chosen this path after understanding very well the in’s & out’s of above-average return on investment (ROI), backed by a solid asset, Real Estate. I have been actively investing in real estate in the western Massachusetts area for a number of years. My mission is to provide quality housing for quality tenants, while at the same time providing an above-average return on investment (R.O.I) for our investor partners. It is truly a win-win-win way of investing!

Jacky offers his investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without the hassle of being a landlord, please contact Jacky.

For more information about Jacky and his investment program,
please call 857-800-1237 or visit https://jackyfils.com/

Blog #1: TAKE ACTION

 

Why do I work?

Have you ever asked yourself the question: “Why do I work?”

I can easily answer this question for myself but I cannot answer it for you. I work so that  I can provide for my family, have a better tomorrow, and when the time comes that I can no longer perform the duties that I am performing today I can still take care of myself as well as my family, yet maintaining the same quality of life. That is the reason why I work. So again I ask you:  “Why do you work?”

During a lifetime, as you are getting more mature, it becomes evident that you start thinking about the future (yours and your family, and especially your children’s).  This encourages you to start saving. But as you are doing so, you get to a point where you ask yourself what is the best way for me to optimize my saving?

You and I, are fortunate enough to be known as High-Income Earners or sometimes known as Accredited Investor. A High Income Earner is someone who makes on average $200K or more for the past two years and plans to make the same amount in the coming years. Once you reach that level you are usually part of the highest tax bracket in this country (USA). That also means not only will you be taxed between 35 to 40% of Federal Tax, but every year after filing your income taxes you are bound to pay more taxes. That is if you have no ways to claim extra deductions to reduce your tax burden.

I remember my CPA once told me that the reason I owe so much in taxes was that I did not own any real estate. At the time I did not understand what he meant, I understood the words but I did not grasp the concept behind his words. As I started educating myself financially, I frequently heard Tom Wheelwright (a well-renowned CPA) say: “the tax code used by the IRS is a set of incentives that the government wants you to use to do what they cannot or do not want to do”. In doing so, the government will shape your behavior in spending and saving.

If you think about it as you are getting older, you are maturing and gaining more experience, you tend to be better at your job and make more money as well. As such, you tend to save more, invest more in order to multiply your savings. In other words you want to have your money work for you, optimize your saving. That is when retirement plans such as 401(K), 529, IRAs start making sense because they are retirement money that you save with Pre-Tax dollars, which you invest in order to save for your retirement: government-controlled behavior.

These are great tools to save for your later years, but there are a couple of problems with this:

1- you do not have control over  the money that  you are putting into these accounts

2- The value of your money today is worth more than it will be worth in the future (what you will be able to buy with any amount of money today you will need a lot more in the future to buy the same things). This is known as consumer inflation!

In other words, you are losing money by simply doing the passive saving. Again you will ask, what is the best way for me to optimize my saving?

TANGIBLE vs INTANGIBLE WEALTH

As you are getting more mature you tend to create more intangible wealth because again you tend to follow the mainstream behavior set for you by the government, your financial adviser, or even your CPA, as I just explained in the previous paragraph.

Wealth creation can be either tangible or intangible, the more tangible the less risk there is and the less tangible the more risk there is. It’s like an upside-down pyramid. There is a finite amount of tangible wealth and an infinite amount of intangible wealth. Moving from tangible to intangible you can classify your assets into three tiers primary, secondary, and tertiary.

1*) Primary- the basic tangible wealth is finite, it is the earth (real estate), the trees (timber), commodities (gold, silver, oil). These are all tangible wealth and the more you own the wealthier you are.

2*) Secondary- The creation of a company that can develop and refine these primary tangible assets into usable assets such as a Goldmine, oil refineries, timber farm so forth, and so on.

3*) Tertiary- Then from these secondary assets may also arise paper assets, which is intangible: stocks from these companies, ETFs and Bonds created by very intelligent paper creating people for the stock market.

This is the difference between Main Street and Wall Street. These geniuses’ paper creations combined with our lack of financial education have us accept and gravitate towards the riskiest of all wealth creation, “paper asset”. Though we work hard for our money we are always convinced that investing in the stock market is the best way to create wealth (invest in your 401(K), IRA, 529 plans).

I am of the mindset that believes tangible wealth is the best wealth creation and today I would be talking to you about one type of tangible assets: REAL ESTATE.

 

REAL ESTATE

Real estate is the sort of wealth creation that has existed since the beginning of time. It is the easiest way to create wealth if you know how to do it right. Most times people just use real estate to store their savings or their wealth, but did you know that real estate could also be used as your retirement income and generational wealth? AND by the way, real estate is the only asset I know of that the government/bank is lending you money to procure. And this is not all, real estate as per the IRS incentives is one of the best wealth creations in this country and one of the behaviors that the government incentivizes you to do when you do it right. What do I mean by that? It is in the government’s best interest to have lodging for everyone, having people without housing is not good for the federal government agencies because of the increase in crime rates, insecurities, and social impact. Thus when you follow the laws of investing in real estate and you do it well, the government rewards you. How you may ask?

Real estate is the only asset that you will be buying or is the only investment when you are procuring that the government/bank will let you borrow more money to buy the asset/investment than you actually have. For you to buy a single-family house you are only required to have 20% of the value of that property to buy it. The bank/government will let you borrow the other 80%, this is the definition of LEVERAGE. By using leverage you can buy as many investment properties as your money and your credit can afford. But after you are done buying these properties, the benefits of it all you control even the benefits on the money you borrowed from the bank/government.

Once I start understanding this reality, once I start understanding the concept that my CPA told me of paying too much taxes because I do not have enough real estate or any real estate whatsoever, once I understood that the rest was history.

I started taking classes to educate myself financially as well as educating myself in real estate to understand exactly the do’s and don’t’s of real estate as an investment vehicle. Once I was able to understand that, it was important for me to make the first step. To do that I used a strategy called arbitrage to buy my first property. My first property was a four-unit apartment building and because it was my first real estate property I was able to use the federal government program called FHA to my advantage. With an FHA loan, I was able to only put 3.5% down and borrow 96.5% of the value of that property.

This property after renting it to four different tenants who were in need of a good, clean, and affordable place to call home, had cash flow. The definition of cash flow is what stays in my pocket/bank account after I pay everything necessary to maintain the property; such as the mortgage, water and sewer, common area electricity, landscaping, and any maintenance necessary. After all expenses, the leftover of that monthly income is called “CASH FLOW”

All of a sudden by doing what the government told me to do or incentivize me to do, I started making money on my investment on DAY ONE. Then, by using leverage I was mostly making money on the bank/government’s money, thus I was able to take action.

However this did not come without its headache, but to me, that was part of the learning process. As soon as I was able to understand and appreciate my first transaction I wanted to do a second one and eight months later, I did my second transaction. This time I bought a five-unit property, except that this time I could not take advantage of the FHA program,    therefore I had to put more money down, 25% of the value of the property while borrowing 75% of the bank/government money. I started receiving cash flow money from the second property on a monthly basis as well on day one. After acquiring my second property I started getting more offers from sellers and a month later after buying the second property I bought my third property. This one was a three-unit building and needed more work than the previous two before I could rent it out. Because it needed work I did buy it at a substantially lower price (discount), I used arbitrage to buy and fix it then re-financed it and pocket the profit.

Now two years after taking action I can say to you that I am making about $10,000 in cash flow every month. I am simply trying to show you that when you think about your future and how you want your retirement to look like, take the time to educate yourself so that you can take action. If your current CPA is not teaching you the proper way the government wants to incentivize you and shape your behavior towards bettering retirement income you need to think twice.

By using the incentives that the government tells me to use to properly invest in real estate I can see how for the longest time real estate has been the best wealth maker in the world.

Now I am sure one of the first questions that came into your mind, given what I have mentioned earlier or that you should come up with on your own is that: if I am a high-income earner making more than $200K a year and paying 35-40% in tax shouldn’t that $10,000 monthly become supplemental income and therefore be subjected to the same 35-40% tax?

In this instance, I would not mind paying tax on money that I am making without any extra effort besides the needed effort to start. I would not mind! Comparing to how infuriating I am when paying 40% tax off my sweat money, my waking up early in the cold to go to work money. On the contrary, it is not this way. This money, or supplemental income if you want to call it that, which I am making using my real estate investment, I pay ZERO tax on it by doing exactly what the government tells me to do. This is the whole point of this paper, I am making money with no extra effort, using leverage and yet not being taxed on it because I do what the government tells me to do.

 

THE STOCK MARKET

Now back to the stock market the riskiest intangible wealth creation. You actually have to put 100% of your own money to invest in the stock market, the government does not help you in any way, you do not have any leverage and on top of that you are taking  most of the risk because you do not have any control over ups and downs of the stock market as they occur. Moreover, you would have to give the money to someone (a money manager) to invest for you and most of the time I am sure you do not even ask where your money is being invested and even when your money would be invested in the best companies, the best stocks, you do not control what happens next.

At the beginning of the COVID pandemic the stock market went into a nosedive, the people who know how to truly invest, the professionals, they made a lot of money but us who actually have Jobs, a career, a profession who are busy thinking about what we should do next we lost money. And one thing I want you to remember when you invest in the stock market, in order for you to make money someone has to lose money, money does not get created it simply changes hands in the stock market. Second, I want you to think about how much money you’ve lost during the time it takes for the market to rebound while your money remained invested in the stock market (The #1 advice given to you when investing in the stock market: Do Not panic).

Lastly, any gains made in the stock market is called “Capital Gains”, thus is subject to tax from the IRS no matter how long you leave it in the stock market to be reinvested.

INFLATION

Now let us revisit the fact that the government is helping me with my investment by letting me borrow money at a very low-interest rate, Credit-ism is a term that is coined by a famous economist named Richard Duncan. Creditism is an economic system driven by credit creation and consumption, in contrast to Capitalism, which was driven by investment and savings. Creditism replaced Capitalism when money ceased to be backed by gold nearly five decades ago. Thus, In the 21st-century if you know how to use credit to your advantage you will always come ahead and as a high-income earner the door is usually wide open for you, though that does not mean you should walk through it without knowing what you are doing. But if you know what you are doing and if you crossed all the T’s and dotted all the I’s you will be creating long-term wealth. Why? Simply because of inflation most loans with today’s money will be paid with tomorrow’s dollars, dollars that you will need a lot more of to buy the same value you are procuring today. You are buying today’s debt with tomorrow‘s dollars thus if you know how to use Credit properly to your advantage you are creating wealth and especially if you are investing in tangible asset.

 

CONCLUSION

I’ve read many times:

“IF YOU WANT TO GO FAST DO IT ALONE IF YOU WANT TO GO FAR DO IT TOGETHER” (African proverb)

And this is what I wanted to convey to you today I can continue to do it alone I will continue to multiply my wealth but I would feel a lot more satisfied if I can show YOU how to prepare for your future, how to prepare for your later years, how to maintain your quality of life, and how to create tangible wealth for the generation to come.

Let’s jump on a quick Zoom call and talk about it.  Click here and pick a day and time that works well for you.  https://jackyfils.com/contact-us/

Until next time!

By JACKY FILS, MD, Real Estate Entrepreneur

 

 

About Jacky Fils:

Who am I? I am a Real Estate Investor & Entrepreneur who happens to be a physician. I have chosen this path after understanding very well the in’s & out’s of above-average return on investment (ROI), backed by a solid asset, Real Estate. I have been actively investing in real estate in the western Massachusetts area for a number of years. My mission is to provide quality housing for quality tenants, while at the same time providing an above-average return on investment (R.O.I) for our investor partners. It is truly a win-win-win way of investing!

Jacky offers his investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without the hassle of being a landlord, please contact Jacky.

For more information about Jacky and his investment program,
please call 857-800-1237 or visit https://jackyfils.com/

 

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Vlog #32: New Porch

 

About Jacky Fils:

Who am I? I am a Real Estate Investor & Entrepreneur who happens to be a physician. I have chosen this path after understanding very well the in’s & out’s of above-average return on investment (ROI), backed by a solid asset, Real Estate. I have been actively investing in real estate in the western Massachusetts area for a number of years. My mission is to provide quality housing for quality tenants, while at the same time providing an above-average return on investment (R.O.I) for our investor partners. It is truly a win-win-win way of investing!

Jacky offers his investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without the hassle of being a landlord, please contact Jacky.

For more information about Jacky and his investment program,
please call 857-800-1237 or visit https://jackyfils.com/

Contact Jacky Fils

Jacky Fils

Professional Real Estate Investor

DISCOVER WHY REAL ESTATE IS AN EXCEPTIONAL WAY TO INVEST (VIDEO)


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