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From: Brandon Yeager, Founder of the Real Estate Rocks Newsletter. Location: HouseRock Headquarters, Greensburg, PA Saturday 9:38 AM Dear Friend, Full transparency: You will NOT go to jail with the information I’m about to share with you, but it may indeed help to move up your retirement sooner. But First: Thank you so much to everyone for the encouragement after last weeks newsletter. I love each and every one of you and thank you for reading. Here’s the Story: Albert Einstein said: “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” Today I Need to Tell You about something. I refer to it as the: 9th Wonder of the World. Imagine if you will. You are walking down a city street. You are on your way to meet a guy that you owe a monthly payment of $1500. Every. Single Month. You walk over to the guy. He’s a little rough in stature, and he likes to break legs if you don’t pay on time. He glances up at you. You reach your hand out with the fist-clenched wad of cash, and he takes the money. He counts every crisp bill, and then hands you back $1,000 of it. This is the moment where things get interesting. Some of you, may run immediately to the casino, positive you are about to retire. Some of you may head to the shopping center and go on a “I NEED to have this” shopping spree. Others may head over to the best restaurant in town, go purchase some new furniture, or grab that new dish washer they’ve been needing….and the mysterious happens. The $1,000 is gone. It is like it vanished like smoke into the air and disappears…forever. Now, Lean In…and Think of it This Way: You hand the $1500 to the guy. He takes the money and puts $500 into his pocket and takes your $1000 and then invests it for you at a meager rate of interest…let’s say…3%. Basically, it grows at the rate of what has historically been typical inflation. I have to tell you, the 9th Wonder of the World is Principal paydown. Making a mortgage payment is LEGALLY taking money out of your left pocket and putting it into your right pocket, with a built in accountability partner who makes sure that your money you moved to your right pocket gets invested to produce a return for you. In real life, that $1,000 moves from your bank account as part of your mortgage payment…to the lender…and now becomes an additional $1,000 of equity you get to recoup one day when you sell. AND, it essentially grows in value at the rate of inflation! That sounds like ole’ Albert Einstein’s 8th wonder of the world. Crazy right? Ok, Yeags…What is the moral of this story? As homeowners quietly go about making their excruciatingly painful mortgage payments each month, and at times, it feels like blood is being drained from our bodies. It is depressing watching it leave our bank accounts. But there is something shockingly beautiful happening in the background! Our lender is helping us to move money from our left pocket to our right pocket and reinvest it for us…magically in the background. PS. On one of my properties, this “9th wonder of the world” results in my mortgage payment of $1500/month having $1200 moved from my left pocket to my right pocket. $300 of the payment is interest at this time. It is amazing to watch the magic unfold month after month, year after year. In the last newsletter, we learned how significant the 3 chess moves are of purchasing and selling homes toward your retirement. If you know anybody currently renting that would like to start experiencing this “9th Wonder of the World” of having money silently, in the background, work for them, and not against them, – So they have money automatically growing for them month after month. – Own 4 walls that they can begin turning a house into a home. – Begin building towards retiring sooner. Then, have them reach out to me at 724-538-7998 so we can get them stealing money from themselves sooner than later. Brandon “The Pocket Thief” Yeager PS. Next week we are going to be doing a market update. Stay tuned. It will have data most of you have probably never seen before. Have any questions that you would love to see answered with a video, email, or a phone call? Send it on over to me. Take care…until next time. PS. This newsletter was “100% Made in the Human Brain”. |
