what happened to a pilot’s pension?
Soon after the stock market crashed in 2008, many airlines chose to make drastic financial cuts to stay afloat. One of the choices they made was to cut the pension plan for pilots. Those of us working in the airline industry lost the certainty of a prosperous future, something we had been counting on upon retirement. We had excellent paying jobs, but now we had to make our own long-term financial decisions.
Without a pension, we were given a 401k, told to pick a mutual fund, hold and PRAY.
Call me crazy, but that lack of control does not sit well. No control other than hold and pray? There must be another way.
That 401k money you have “invested” goes up and down with the stock market with the potential of becoming ZERO overnight.
But there is another way. You CAN invest that 401k money in physical assets, like real estate.
By investing in real estate you get one HUGE protection that the stock market can not touch, the protection of a mortgage.
Now when I invest money in a real estate deal, I get the promised profits or I get the entire house!
My 401k now has the power of the bank. Long term growth with the power to foreclose.
Sounds interesting? Glad you’re here.
Airline Pilot & Real Estate Problem Solver
I hear this story from pilots all the time.
– I don’t want to be a landlord.
– I don’t want to deal with tenants and toilets.
– I don’t know how to start.
– I don’t want to be a real estate agent.
– I just want to fly planes!
Perfect! Remember Crew Resource Management (CRM) in aviation? Let’s bring this concept into investing.
I’ve set up your team of professional attorneys, tax accountants, property managers, marketing experts and…oh yeah, experienced consultants.
Now you get to do what you love, fly and watch your retirement account grow.
Chat With Mike
Let me help you get control back and fly towards financial freedom.
Join the Facebook Community
Connect, learn, get support & guidance so you can confidently take flight!
Looking to Sell?
I’m always looking for multifamily properties to invest in.
What do you need to do to start?
Easy, every week I give you free education on real estate investing. Get educated in my blog and video section.
What about your situation? Hey, I’m a pilot like you, schedule a chat with me so we can see how you can benefit at your own pace. No gimmicks, no selling anything just a casual chat to see what best fits your needs.
PREVENT INVESTOR REGRET WITH THIS ONE SIMPLE FORMULA
Learn how to find a good investment in 10 minutes
Plus receive three tips to avoid common investor mistakes!
From the Blog
Tried to convince your seller of accepting monthly payments more times than your FO has done a go-around? Well, some people just like to pay Uncle Sam, so do you give up? No, because by involving a Note...
Recently, I discovered a secret that not only prevents a vet’s credit from destruction but allows you to create a cash-flowing deal. Forget 20% down!! Try 0.5%! So many homeless are heroic veterans…a sad...
In this interview, I was amazed about how much information a good insurance broker can find out about a property you are thinking of buying or even future tenants! Perhaps that deal you are excited about...
In this video, Andy Conradson of Heritage Title Company answers your submitted questions in regards to Title Companies and Title Insurance. You'll hear why about the typical process and why getting your...
So many investors give the seller an offer and wonder why it’s rejected. They are forgetting the most powerful negotiating tool…empower the seller. Give the seller a CHOICE of 3 offers and you have now...
The 1031 exchange has been a buzzword lately and John explains how this tax-deferment can be significant in building your empire first, before paying it to Uncle Sam. If you would like to chat with John...
The #1 concern I hear from pilot investors is that they don’t want to deal with tenants and toilets. They just want to see a return on their investment and THAT’S IT, like most other investing options. In...
I attended Larry Harbolt’s “Never Step Into A Bank” class for the 3rd time. In this video, I will share a tidbit from each day of Larry’s class. It’s a four-day class that will completely change the way...
Watch this workshop recap, where I unravel the hidden "gotcha" expenses of this multi-family deal. Picking through a deal is critical to ensure you are buying a cash-flowing asset versus a money pit. BUT,...
Well, it’s simple. By using the 4 quadrants of profits, I am able to structure the deal to pay my investors a steady return and myself a portion of the cash flow. Some people wonder how I get paid when...