I feel that I have not only let myself down, but anyone that needs to believe that there is a way out…

…that there is hope and that you can start with nothing and become more!

And so I begin a journey that will fulfill those dreams and aspirations and hopefully give not only hope, but a way out for those who dare to chase it.

There has been a lot that has happened since I last really blogged here or started the first challenge. My grandma (& leader of our family) died, lost two houses, divorce, mom had a few surgeries… and that’s just a few things!

And all that just after losing my wife’s (at the time) dad… who was like a father to me. And then going through cancer with both my grandma & mother-in law… who is also like a mom to me.

At times it would seem like once I got up… I would fight another disaster and then I kept thinking this can’t get any worse…

…And sure enough it would. I definitely hit a low (rock bottom) in my life at that time.

But before this becomes a sounding board for a bad few years… I LOVE LIFE!!! I think that it is absolutely amazing and I love my country and my friends and my God, and my family.

I am sooooo excited about “The 22 Month Retirement” & the hope, that I believe, that it will give for the many and NOT just the few.

So, what’s new?

What is this all about?

It’s about being able (no matter where you are in your life or in the world or how old you are or what your background is) to start with nothing and using the resources available to us… to create a income that would allow you to retire in 22 months from scratch… and join, what Tim Ferris of the “4 Hour Work Week” calls, the NEW RICH!!!

This doesn’t mean that you sit on your arse all day and do nothing after you have reached your goals, but instead you chase your life’s dreams…

You Live
You Explore
You Give
You LOVE

… And you stop worrying about money and start enjoying your freedom.

So, the idea behind The 22 Month Retirement is that you can make a particular amount of money (your number) using real estate flipping as your vehicle and then be able to live off of that invested at 12% interest…

But that was the old launch. The new launch has a nice twist. Because now there are a few new rules. Virtual real estate now comes into play.

Flipping basically means… being the middle man (person) in a transaction and collecting a check for the difference in what you get it for and what you sell it for.

The techniques we will talk about later… But the idea is to get a piece of property for cheap and sell it for more… never take “ownership” and collect a paycheck for bringing the two together.

These paydays can come in a matter of days and weeks at the latest.

And the checks (at least for real property) are a minimum of $5,000. The checks online range from $150-$5,000+ depending on what type of site you are working with. But you can find these to flip daily and they are great for creating a little seed money to get you started if you need it.

This can now be done with “websites” (virtual real estate) and real property… And we will do both.

Are you ready?

It’s easy and it’s fun.

Let’s talk a bit about “Your Number”.

I just did this exercise with my cousin the other day. I asked him if you had 990 million dollars what would you do? How would you live your life? What would you own? And so on and so on.

We made out a list. Then we calculated how much that would cost per month to afford. That included everything from the cars that you would own, to the vacations that you would take, to the house that you would buy, or the chef that would cook for you a couple times per week, to the entertainment that you would enjoy.

You will be surprised that this num isn’t as big as you would think. Most people would be totally happy with $4,500-$15,000 a month. They could literally live the life of someone that had $990 million.

With that said… you can read my older post that covers this is more detail here: Setting Your 22 Month Retirement Goals ($990 Million)

The only change with that post is that my numbers are slightly different because I found my dream house for less than $180k… steal of a deal on 5 acres, pool, & horse ready. One of those “once in a lifetime” kind of deals that I used to find about once a year when I was heavy into real estate.

It’s the only house that I can remember that I actually fell in total love with… ever.

So, what about this virtual real estate stuff?

The same concepts that you use with real property can be applied to virtual real estate (websites).

Tie up a property into a contract… sell it for more, and collect the difference.

We call this all kinds of things (options, wholesaling, flipping, retailing) there are a lot of methods… but the idea is the same.

Buy (or contract low) and sell for more… and collect the difference. That’s it!!! And that’s what I will show you here.

Also there is another HUGE UPDATE or twist to this.. this time around versus the first time, it’s the amount of money you actually have to make…

You don’t need nearly as much because you don’t have to invest it at 12%…

What if I showed you a guaranteed way to buy “Your Number” at only 10-15 times the amount it cost per month.

Let me explain…

Let’s say that your number is $7,000 a month. That’s the number (amount of money) that if you had coming in every month you could “retire” and live life like you had $990 million.

What if you could buy that $7,000 a month income stream for around $70,000 – $95,000, guaranteed?

You can!!!

There is a new game in town and it’s called Flippa. It’s like eBay for websites and there you can find a website that is already making $7,000 a month in passive income… and buy that website for $70k-$95k. Once the files are transferred over and the domain ownership is transferred over you would start earning passive income that day.

Or you can diversify and buy a few sites that are $1,000 to $3,000 a month… as long as the combined income is $7,000 it doesn’t matter.

You can buy your income and it’s a waaay better return than 12%. This is the new way. That means that instead of having to make a few million to reach your goal invested at 12%, you need less than $100k. Now that’s amazing.

So, let’s get started. ACTION ACTION ACTION

Reread this post as there is a lot to take in…

Talk to you soon,

Kenney

Sorry everyone I have been M.I.A with The 22 Month Retirement.  No excuses, but I have had a crazy year personally, but I have not forgotten about what I have set out to do.

I have been working on houses and deals that I had before the 22 month retirement and my personal life has been a mess.

Anyway, all is good in the neighborhood and I will start to tell and show you what’s going on.  I’m really starting from scratch so, really I only have 13 months to finish eh?  That’s ok, a little hard work, a few late nights, being extremely productive, and who knows… we might just make it.

But hey, check it out, there have been some changes to the amount of money I need because me & my wife found our dream home and put an offer in on it last week.  You won’t believe me, but it’s a more…

This is a quick, little tip that I thought you might want to know.

As I talked about the other day in the post about seller financing, you can sell houses really quickly using owner financing – aka seller financing…

…But what most people don’t know is that you do NOT have to continue to receive those payments over a long period of time, making this strategy an extremely useful and profitable quick turn real estate investing strategy.

How?

Because once you owner finance a mortgage note, then you can sell that mortgage note for cash. Yes, you will have to sell it at a discount, usually 6-13% or so depending on a couple of factors about your buyer like: down payment received, credit of borrower, time on job, and debt to income ratio, but you WILL get cashed out within 30 days.

This allows you to owner finance houses, and then get all cash within a very short amount of time by selling your mortgage note to a more…

What is Seller Financing?

Seller financing is simply the art of getting a seller to finance a real estate deal. In this case, the seller is the bank.

They will negotiate a down payment (if any), they will allow you to make payments to them at an agreed upon rate and length of time, and you can even negotiate the interest rate (if any).

Have you noticed the theme here? Everything is negotiable and there is NO banks involved?

That means you don’t have to go through a mortgage approval process.
That means you don’t have to make large (if any) down payments.
That means you can find rates and terms that make sense for both you and the seller.

What is really cool is that the time in which you can get one of these done is a couple of hours to a couple of days. That’s it!

Yes, you could start looking for a house in the morning and by the end of the day, own it without going down to a bank and signing personally for a loan.

This is what makes owner financing so powerful, so amazing, and a strategy that you’ll need in your portfolio of offers.

How To Use Owner Financing As An Investment Strategy

The purpose of this strategy is NOT to more…

To complete the 22 month retirement challenge, I have to be productive.

I don’t have all day. Actually, I won’t work more than 4 hours a day, 4 times per week…And many days, it’s less than that.

Why?

For 2 reasons:

1. It forces me to be more productive. I know that I only have 4 hours to work… But yet, I know that there is a certain amount of work that just has to be done in order for me to be successful in this challenge.
2. I want you to feel and know that you can do this too. I want you to know that if you can find a few hours per day, that you can realize your dreams.

How To Get More Done Using The 80/20 Rule

The 80/20 rule simply means that 80% of all your results will come from 20% of your activities.

So, if you focus your efforts on 20% of the activities that produce the 80% of results, you’ll get the most results in the least amount of time.  Thus, you’ll make the most amount of money in the least amount of time.

As you grow, you can outsource work to other people and companies to help you grow even more, and all the while, doing a little less work.

Learning to be productive is Critical to the success of your business.  Learning to do the most important activities in your business firstly and consistently will ultimately determine whether or not you succeed.

What Are Your Most Important Activities? more…

This doesn’t mean that you are not going to have to work.
This doesn’t mean that you can be lazy.
This doesn’t mean that there won’t be challenges and that riches are going to fall in your lap.

What you’re supposed to get out of this is if you learn to do less of the hands-on work, that if you learn to manage projects, that if you manage systems instead of doing all the work yourself, you will get more done as a business.

You will be more productive.
You will, in turn, do less work, have more free time, make more money, and still get more…

I DO!!!

This is why I am doing this Real Estate Investing Challenge.

There’s is nothing in this world that makes as much money, or even has the potential to make the kind of money, that real estate can make consistently year in and year out.

I heard a stat once that there have been more millionaires made through real estate investing than all other money making opportunities combined.

That’s amazing, and if that doesn’t get you excited about getting rich quick investing in real estate, then I don’t know what will. lol

The KEY to getting rich quick investing in real estate is to learn how to get more…

You have to learn to be creative when investing in Real Estate.

There is a lot more money out there than in just buying houses and fixing them, or in just buying houses and renting them out.

As I talked about on the The 22 Month Retirement About Page, we will focus on many different types of income streams that, when investing during this challenge, should bring a good solid chunk of change quickly.

Remember, I only have 22 months to complete this lofty goal. If I can’t make a buck or two in a short amount of time, then it’s not the deal for me. If I have to take on risk or wait a long time for a payday, the deal is not for me.

So, what are some of the income streams that I will focus on? more…

What if you could retire 22 months from now and have enough money to live on, and a dream lifestyle for the rest of your life?

Could this actually be possible?

Real estate investor takes challenge to go from zero to retirement in 22 months investing in real estate, in this market, and will blog about the daily results…

With most people running away from real estate, Kenney (& Kimberly) is running to it. He says “there has never been a better time to invest in real estate”.

We all want to live the American Dream but most don’t know how to get started…

…Or don’t the confidence to go after their dreams. FEAR is a big motivator that stops many of us from realizing our dreams…

But no more…

Read the rest of this story here: The 22 Month Retirement – How To Retire Investing In Real Estate In 22 Months From Scratch.

To Your Immediate and Lasting Real Estate Investing Success,

Kenney
Because I Have A Dream – THE Movement

more…

That was the question I kept asking myself.

If I wanted to stop fooling around and get super serious about real estate investing, could I make enough money to retire in a short amount of time?

So, I thought about it and banged my head about the idea…And I decided that is exactly what I wanted to do…

…And so, here I am blogging about it. If you haven’t read the “about the 22 month retirement“, you’ll discover that I am retiring on October 31st, 2011 at 11:59.59. lol

I have a short amount of time to achieve this goal. Everyday that more…