Mike Fallat

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Co-founder of GoNextWorld,llc. Adventure Seeker. Dog lover. Social Distortion Fan. Movie buff. Hockey connoisseur. Entrepreneur.

Monday, September 24, 2012

where eagles dare, a short story

 When I got into owning rental property at the age of 23, many people thought I was insane.  My family had never owned rental property and none of my friends were into it, but I knew it was the place to start.  My mentor, a successful entrepreneur, expressed how important it was to start creating wealth through real estate.  So, I went for it.

Everyone around me thought it was crazy...except one - - a friend that believed in what the mentor said too.

We went to the FREE Rich Dad Poor Dad Seminars,  he went and got his real estate license too, he was willing to do something that took guts - go against what everyone else called "the norm".

That was over 3 years ago.

This past weekend, he sold the property he bought back in 2009.

He put no money down....he made over $1,000 a month in cashflow...and then sold the place for a profit of $40,000.  Not many people get to cash a check of $40,000.  Sounds like one of those infomercials on tv at 4am doesnt it?  Well, he did it.

It just took risk and sacrifice. and he deserves a big congrats for making it happen.

Sometimes the story only makes sense when you read the ending...


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