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A Journey To Debt FREE Kingdom

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Services for Real Estate Pros

A Journey To Debt FREE Kingdom

Life is a journey not a destination. That is one of the most accurate statement of life, I've heard.

Life is a journey because sometimes we win, sometimes we're in a neutral position and sometimes we loose. The key is to keep going. 

I salute every small business owner, because I can understand the: sacrifices, struggles, triumphs, victories, disappointments, despairs, betrayals and good breaks that they experience during their business and life journey.

 

I'm writing this blog because I was called out to do so.

Yes, I was called out to help others on their journey to debt free kingdom.

This same person saw my passion for designing homes and called me out to design homes approx 8years ago. I reluctantly took the plunge because it was a giant and scary step, ironically now I love everyday.

Life isn't about us, we're all called to served others. So once again, I'm called out, but in a more servant role by sharing my knowledge with others. So here we go.......

 

A Journey To Debt FREE Kingdom:

Financial independence isn't as hard as most people may think, but it requires focus and discipline. With technology and so many distractions these days, focus and discipline are becoming more and more difficult to achieve. 

 

One of the key to financial independence is to start where you're at! So if you have to start small, go ahead! It will be worth it, don't wait to have more money or time because life is a journey, so it's a moving target......

 

I don't want to overload you too much with all the details, so I'll provide a case study below and follow up blogs will be posted with step by step instructions daily. So if you want to learn step by step, I'll be here everyday posting the content.

 

 Case Study# 1420AA - Two Friends Joining Forces:

To friends started out with one common goal of being financially independent on their journey to debt free kingdom and helping others along the way.

They researched options and decided to use real estate as their vehicle. Their over all plan was to purchase bankforeclosure and distress sale properties together, fix them up and resell them.

 

Property #1:

Estate sale purchased at: $154,800

Before Photo

 

Resale price: $202,000

After Photo

 

Gross Profit: $47,200

 

Stay tuned... In my next blog tomorrow, I'll be going over the first step involved in this case study.

 

~ Best Of Luck and Lots Of Love Always ~

- Milan

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Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Hi,

Good post. There are many ways to a debt free kingdom. I took the road through Dave Ramsey's Financial Peace University.

Financial Peace University

Mar 17, 2016 03:41 AM
Digital Digital
Alachua, FL
full service

Doug Dawes : Thanks for reading our blog and commenting.

Yes, Dave Ramsey's program is an awesome resource.

Cheers!

Milan

Mar 17, 2016 03:45 AM
Robert Vegas Bob Swetz
Las Vegas, NV

Interesting post and I have been debt free for 10 years now and I am loving it.

Mar 17, 2016 04:04 AM
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Milan, Debt Free sounds like a lovely neighborhood to live in!

Mar 17, 2016 05:52 AM
KRISTIE DESAUTELS
Caron's Gateway Real Estate - Groveton, NH
Caron's Gateway Real Estate

Hi What Not To Renovate - Milan B.   Debt Free,  what a beautiful word and something we would all love to be.  It always seems that when you think your getting on top of things, some thing breaks    We have to just keep getting back on the horse and never stop trying.  Thank you for your post and I look forward to reading your post tomorrow 

Mar 17, 2016 06:16 AM
Digital Digital
Alachua, FL
full service

Robert 'VEGAS BOB' Swetz : Congrats on being debt free for over 10 years.

Cheers!

Milan

Mar 17, 2016 09:17 AM
Digital Digital

Robert 'VEGAS BOB' Swetz : Awesome!


Budgeting requires discipline and focus, with determination anyone can achieve it!


Milan

Mar 17, 2016 09:31 AM
Robert Vegas Bob Swetz

Thanks and I first learned how to budget my money, save, with close to zero bills when I was around 21 years old living away from family.


The children have been grown up for years and I slowly started taking the similar steps I did when I was younger and the rest is history.

Mar 17, 2016 09:22 AM
Digital Digital
Alachua, FL
full service

Patricia Kennedy : Debt free almost means financial independence to most people. Thanks for visiting our blog and commenting.

Cheers!

Milan

Mar 17, 2016 09:19 AM
Digital Digital
Alachua, FL
full service

KRISTIE DESAUTELS : Thanks for visiting our blog and commenting, we appreciate you. Yes things always get broken and this is why starting small is the way to go.

Cheers!

Milan

Mar 17, 2016 09:22 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

That is one way to look at it, but that doesn't work for me. I don't mind having debt at all, as my investments produce a lot of positive cash flow. It is what I do with that positive cash flow that works best for me.

Mar 17, 2016 10:26 AM
Digital Digital
Alachua, FL
full service

Joe Petrowsky : There is good debt and bad debts.

Absolutely, debts that are used and managed wisely is good.

Unfortunately most consumers use debts to purchase non income producing things. Some will even purchase a home rack up credit cards, refinance to pay off their debts and in two years all the credit cards are racked up again.

So this blog is for beginners. You my friend Joe... You're in the advance level.

Cheers!

Milan

Mar 17, 2016 11:07 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We have seen many flippers over the last few years, but prices are high right now, and inventory low.    It isn't as easy now.

Mar 17, 2016 11:06 PM
Digital Digital
Alachua, FL
full service

Joan Cox : Thanks for reading our blog and commenting.

If you find prices are high in your area, try areas around the expensive communities.

Cheers!

Milan

Mar 18, 2016 04:15 AM
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good morning What Not To Renovate - Milan B.  I do have to agree with you that life is a journey . . .

Mar 19, 2016 05:33 PM