What it means to be a millionaire?
It really does have a meaning.
And it really can be complicated if you don't know what they're talking about.
But I'm going to straighten it all up for you, until how you can be one too.
Let's go.
I'm going to share with you what it really takes to make millionaires status.
I'm going to give you the exact steps with no fluff on how to actually become a millionaire.
And last but not the least, I'm going to share with you my new precise exact formula to get
to millionaire status in less than a year.
So, let's talk about millionaire status.
Most of you do not know this.
But there is a famous quote from over 100 years ago from Andrew Carnegie, however you
want to pronounce it.
And he stated, "89% of all millionaires were created so through real estate."
He said that over 100 years ago.
And the fact of the matter is, that is still true today.
Okay/ real estate has created more millionaires than any other industry.
Of all the industries combined, real estate still is number one.
And the reason for that is there several reasons.
When it comes to real estate, there's 4 real ways that is creates value and creates wealth.
One, if you have real estate, you probably have equity in that real estate.
And that equity is your tangible net worth, okay?
So, if you have a property and it's worth 200,000 and you have $100,000 mortgage on
it, there's $100,000 worth of equity.
And that attributes to your wealth.
Okay?
So, if you have several properties, just think about it for a second.
If you just have 10 of those properties with 100,000-dollars worth of equity in it, then
bam, you're a millionaire with just 10 properties.
Okay?
The second way that real estate can make you a millionaire is it's an asset, okay?
You can borrow against it, you can leverage that asset.
You can pull money out of it.
Like I said, if you have mortgage of 100,000 but the property is worth 200,000, you can
leverage that $100,000 and get that equity out and spend it.
Or you can sell that asset and get that money.
Additionally with real estate, most people will receive income from real estate because
they will have tenants.
They'll have rental properties.
They'll be making money on apartment building or it's a rental property or it's a strip
mall.
It's something that's going to produce income for you.
And so, many times people will have real estate assets.
And those assets are bringing in of cashflow of over a million dollars per year.
And that's another way they've been able to get to millionaire status.
So, between the equity, the income, the leverage and the appreciation, okay?
Property usually goes up in value.
You know, statistically speaking with your whole real estate, it will go up in value.
Even when you take an account for the dip and recessions and things like that.
And that is why real estate is still the number 1 way to millionaire status.
So, when we're talking about getting to millionaire status through real estate, you can leverage
your way to millionaire status, okay?
You literally can borrow money and start getting assets and get your way to millionaire status
using other people's money.
Leverage, meaning borrowing against an asset in other people's money.
Banks, lenders, private money, hard money.
you can borrow money and leverage your way to millionaires status using real estate.
It's pretty difficult with some of the out there assets or other investments like stock
markets.
You usually can't leverage too much to buy stocks or leverage our way to get to many
mutual funds of a million dollars.
So, obtaining a net worth of a million dollars is nowhere near as difficult as you think.
I literally have one of my good friends.
He was able to get to millionaire status in less than a year.
And I'm going to tell you how he did it and how you can do the exact same thing.
So, one of the ways that we make money in real estate, obviously is by buying properties
and then selling them.
Okay?
That's a one way to get a million dollars.
But a better way is to target people that are having a property problem that inherited
a property that they don't want or they're in foreclosure or they're in bankruptcy or
they're going to divorce.
Or they got relocated and they can no longer keep that property.
Basically mark in to people that no longer want that property and getting that property
from them and already having a mortgage on it.
That way you don't have to go into any banks.
You don't have to have your credit check.
You don't have to have your income pulled.
And you can start today getting properties that already have equity in them.
And many of these people with these financial situations are willing to do this if they
trust you.
Okay?
So, you see all the times.
You know, I've seen those signs by Walmart or whatever that say, "We buy houses."
Well, those "we buy houses" are real estate investors looking for people with property
problem that are willing to sell them at a discounted rate.
And there's tons of things that you can do with those properties once your phone starts
ringing.
You literally can keep those properties and turn them into rental properties.
Or you can get them under contract and then flip those contracts to other people and not
even spend any money.
Or you can buy those properties, fixed them up and then sell them and make money.
There's tons of different ways that you can do that.
But the way that it all starts and what my friend did is he was able to get properties.
He targeted probate, okay?
He targeted people that had inherited properties that they did not want.
He looked through the court system, he sent those people letters and those people started
calling him.
And he was able to get 8 properties.
Not even 10.
Just 8 properties that had over a million dollars in equity when you add them all up.
Some of the properties he got was worth like 200 or 240 thousand.
And then he only owned 100 thousand on them or 80,000.
So they have like 150 or 200 thousand dollars of equity in them.
He had some properties he got that they were own free and clear.
The person inherited a property that was own free and clear.
And they just wanted a little bit of money.
They just need some cash.
20, 30 thousand dollars.
So, he was literally able to get a property that was worth $100,000 for $10,000 cash.
Okay?
And he borrowed the $10,000 to get that property and had $90,000 worth of equity in it.
So, this is how people are getting to millionaire status really quickly.
And this is how you can do it too.
The next easy way tog et to millionaire status...
And this is the one that I got to fist, okay?
Actually, no.
I didn't get to millionaire by assets because I had acquire portfolio in between what I
owned on them and what it was worth.
I was a millionaire.
But I'm going to tell you a better way to be a millionaire.
Because that's great because that's a millionaire on paper.
But you don't actually have that money.
A better way and another way that you can get to millionaire status is millionaire by
income, okay?
So, basically if you make more than a million dollars a year, most people would consider
you a millionaire.
And to make a million dollars a year sounds like a lot to people.
I know it's like , "Oh, my God.
How do you make a million dollars a year?"
Well, it comes out to be about $83,000 per month, okay?
And this is not hard to do once you have lots of rental properties and you have multiple
streams of income.
Okay?
I have enough rental properties.
My rental properties paying me probably about $40,000 worth of income.
I have a coaching program.
I have affiliate income.
I have books.
I have YouTube money.
I have all of these different streams of revenue that bring in over a million dollars per year
and have been so for many years now.
And I just keep adding to it.
And it just keeps growing.
The more properties you get, the more properties you can get, okay?
And this is how you leverage the properties that you already have.
I'll get a property.
I'll borrow money against it.
Get that money and then go buy more income-producing properties.
So, the better way to get to millionaire status for me where you actually have lots of money
is get to millionaire by income and start making more money per year.
Now again, you don't even have to make the million dollars per year to make a lot of
money.
You really are going to be comfortable around 20 or 30 thousand dollars per month.
That's what I find to most of my students.
If they're making about 240,000 or 300,000 dollars per year.
And in fact, Forbes actually just put out article.
To be in the 1% of income earners in most states, you only have to make about 400,000
dollars per year, okay?
So, it's about 30 somewhat thousand dollars per month.
It's nowhere near as difficult as you think.
And this is how you get started.
Helping people that have a property problem.
Getting those properties from them and monetizing.
And here is a bonus that I would be remiss if I did not share with you.
And I love you guys so much so I had to tell you this part.
You have to have to have to have to get a business.
Get business credit and get business funding.
This will allow you to get as many properties as you need.
I have student that are able to get like $50,000 in their business' name in just a few months
and then get properties where they're making 20, 30 thousand dollars per month.
And now, they are in the 1%.
So, again, you don't have to be a millionaire to live a very comfortable life.
You don't need 40 properties like Noelle.
You really just need to make about 20 to 30 thousand dollars a month to live a really
comfortable life.
And you don't need a lot of properties to do it.
So, that's what you do.
Get you business set up, get you business credit going and get business funding in your
business' name so that you can get all of the assets that you need to then be a millionaire.
So, if you want to learn more, hopefully you are enjoying all of this.
I am loving that I can share all of this information with you.
I enjoy what I do.
Please go to Noellesfreetraining.com if you want to get a full training that I created
that will teach you how to find these properties, how not to spend a lot of money and how to
actually get to millionaire status faster than I did.
It took me 3 years.
Again, I am telling you you can do it in less than a year.
Go to Noellesfreetraining.com and learn how to do it.
This is Noelle.
To your success.