The Ideal Retirement Plan
HOW TO BUILD CONTINUOUS CASH THROUGH “NOTEWORTHY” INVESTMENTS.
ow would you like to have a retirement plan that builds up
withdraw funds no matter your age. Does this even exist? You bet it does. Imagine this scenario: Mr. Smith sold his house and “sell- er-financed” a $10,000 note secured by the house, amortized for 10 years. The buyer of the house, Mr. Jones, will pay Mr. Smith $132.15 per month for the next 120 months (10 years).
As an investor, you approach Mr. Smith about buying that note. You of- fer him $8,000 cash for it. Mr. Smith says, "Why should I take $2,000 less?" You say, "Because, Mr. Smith, I am buying your risk. Anything can happen to Mr. Jones in the next 10 years. There are no guarantees that he will make his payments on time, and I may have to work to get
cash continuously with as little as one initial contribution from you? Imagine a plan that you do not have to set up with a brokerage firm, a plan that has no fees of any kind, a plan in which you are totally in control with no gov- ernment restrictions and very little paperwork, a plan that allows you to
64 | think realty magazine :: may / june 2019
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