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The Money School Podcast shares the secrets of the wealthy, so you learn how money really works and take back control of your life!

You'll hear the inside story of wealthy entrepreneurs and investors... breaking down how they got started, how they think about money, how they put money to work for them, and how you can change your life simply by doing ONE thing differently with the money you already have.

Through the podcast, you'll become your own bank - mastering how money really works - so you can use it to gain the upper hand and take command of your finances. After all, building wealth isn't about resources, it's about being resourceful. 

Hosted by Chris Naugle, former pro snowboarder turned real estate investor, serial entrepreneur, and money mentor, this podcast has one mission - to show you how money really works so you can reclaim control of your life!

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  2. Commercial Bank Loans Are Destroying Your Profits w/Mike Fisher

Commercial Bank Loans Are Destroying Your Profits w/Mike Fisher

Jun 25, 2020

The smallest piece of information or a simple strategy can be the missing ingredient to unlocking massive growth in the real estate investor business. 

 

If we want to dominate in this game, we have to constantly focus on growth, gaining the knowledge that takes us further and then taking massive action on what we have learned. 

 

That requires us to adopt the mindset that we never reach a ceiling of knowledge, and that even the most experienced investors still learn and implement new things. 

 

What are some of the banking strategies that can help us maximize profits? Why are community banks great for sourcing money for deals? In this episode, investor and founder of MF Cashflow Mike Fisher shares how he built his 350 door investment portfolio. 



Three Things You’ll Learn In This Episode 

- The huge benefit of becoming your own bank
If you create and borrow from your own bank, you’ll be able to put a lien on your own property without having to deal with liens from an actual bank. 

- Why community banks are better for sourcing money 
Smaller community banks are more flexible, and actually give us more negotiating power meaning we can structure the finances of our deals in a way that allows us to maximize profits. 

- The rental properties that attract tenants in this economy
Don’t build your rental portfolio based on where you would want to live, especially in this covid economy. People are looking for clean, safe and affordable property, and if you provide that you can bring value to any community.

 

 

Guest Bio- 

Mike Fisher is a real estate investor, founder and CEO of MF CashFlow. He started his career as a builder/contractor, and gained 20+ years of experience building customer relationships, negotiating supplier and subcontractor contracts, and performing hands on building, renovations and rehabilitation of homes, apartments and other commercial structures. 


In 2008, Mike decided to embark on a career in real estate investing, building his own investment portfolio while helping others learn and explore opportunities for developing their own real estate investment strategy. As a dedicated real estate investor, he has developed his personal portfolio to 350 units. Visit https://www.mfcashflow.com/ for more information.

 

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