Hello everyone,
I had the opportunity to hear Mike Cantu speak the last week at a local investment club meeting in Oceanside for the NSDREI. You can have a look at his site www.mikecantu.com and if your interested in the club you can go to www.nsdrei.org.
I really enjoyed Mike's talk with everyone. I use the work talk because he really has a nack for sharing his experiences in a way that makes it seem so...real. Not to take anything from other speakers at the club, but oftentimes I leave the meetings with the impression that I just heard someone talk about their specialty in a way that is not as easy to emulate. Not that it could not be done, but you sometimes get the impression that the speaker was somehow destined to do what they do. It was different with Mike Cantu. He seems just like us/me except he found a way to make money and still have the ability to do whatever he wants on a given day. Of course, he likes to buy homes so that is what he does with his time, but he does'nt necessarily have to anymore.
I know what your thinking and Yes...I do love my job, but I also have trying times when it's grandma's 90th birthday and I can't be there because I've got to get a deal in escrow to stay on track for my family. I end up sacrificing for my immediate family because they depend on me and I will not let them down.
Anyways, we all want to have freedom to do what we choose and Mike pretty much laid it all out with a little post it note he says he has on his desk that reads "what did you do to buy a house today". Plain and simple...he can either answer that question easily from what he's already done that day or he needs to get to work because the sun is going down. He mentioned that he writes a lot of offers that do not get accepted, but I believe he said he trys to write a couple offers a day. He does his research on the ones that he writes offers on and is affluent enough in the industry that people come to him to see what he is doing so they can benefit from his hard work. In the end it is just that...it's work. He makes some money on his deal whether he wholesales it or fixes it up to sell or fixes it up to hold. Mike has a number of strategies to make things happen, but in the end he works for it. He is a professional at what he is doing. He did have an amazing idea that had to do with multiple escrows in order to get his all case offer accepted without really paying all cash in the end, but I'm going to recommend you go see him if you ever get the opportunity. You will learn some valueable lessons that apply to a whole lot more than investing.
I wish you well....back to work for me.
Make it a great day,
Josh
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