Nov. 2, 2017

MB 083: The Best Investments to Build Wealth – With The Cashflow Ninja M.C. Laubscher

MB 083: The Best Investments to Build Wealth – With The Cashflow Ninja M.C. Laubscher

What is your Stupid Human Trick? We all have a unique ability that seems incredible to others. The trick is figuring out what it is that you are particularly good at and using those strengths to craft the processes and systems that capture wealth....

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Financial Freedom with Real Estate Investing

What is your Stupid Human Trick?

We all have a unique ability that seems incredible to others. The trick is figuring out what it is that you are particularly good at and using those strengths to craft the processes and systems that capture wealth.

Cashflow Ninja M.C. Laubscher came to the US from South Africa in 2001 with a backpack and $500. He played competitive rugby and learned the real estate business via experience, buying his first property at the age of 21. M.C. befriended a wealthy multifamily investor who became his ‘accidental mentor,’ asking M.C. to serve in several different capacities from maintenance to leasing to property management to acquisitions. This education served him well, giving M.C. invaluable insight into the world of the wealthy and an understanding of all the moving parts of real estate. Now he is the President and Chief Wealth Strategist of Valhalla Wealth, a wealth management firm that leverages the Infinite Banking Concept to help clients co-author a plan for achieving financial security, independence, freedom and significance.

M.C. is also the host of Cashflow Ninja, a popular business and investing podcast that seeks to empower people to grow and protect their wealth in the new economy.  Today M.C. shares the best investment opportunities out there that combat wealth destroyers, why people struggle financially, and his advice for investors who want to break the mold. Listen and learn how to determine the wealth-building vehicle that’s right for you and the importance of investing in your own health, relationships and education. You are your own greatest asset, and M.C. is here to inspire you to reach your potential through multifamily investing!

Key Takeaways

 [2:48] How M.C. got involved in real estate

  • Read Rich Dad, Poor Dad
  • Bought first property at age 21
  • Befriended wealthy multifamily investor

[5:14] What surprised M.C. about ‘the world of the wealthy’

  • Complexity of determining overall plan

[6:36] M.C.’s take on the best investments out there

  • Combat wealth destroyers (taxes, inflations, commission/fees)
  • Real estate
  • Insurance products

 [10:05] Why people struggle financially

  • Outdated education model
  • Doesn’t empower people, teach skills to thrive
  • Lack of financial education
  • Outsource wealth-building
  • Conventional model set up to fail
  • Current environment (government debt, bankruptcy)

[14:08] M.C.’s advice to people who want to break the mold

  1. Be crystal clear about what you want (economic independence number)
  2. Determine why it matters
  3. Decide who you need to become
  4. Create systems/processes to capture wealth
  5. Put wealth into something that provides cashflow
  6. ‘Rinse and repeat’

[19:45] The benefits of investing in insurance products

  • Safe, secure, growing and liquid
  • Ability to borrow 90% from policy, put into real estate investments
  • Taxes on seed, not harvest

[23:07] How to figure out which vehicle or process is best for you

  • Focus on one thing in beginning
  • Once hit number, look at diversifying

[26:26] M.C.’s lowest depth of misery

  • Sports background prepared to absorb enormous disappointment
  • Sports injury, failed business deal and relationships fell apart all at once
  • Learned due diligence

[28:56] M.C.’s aha moments

  • Invest in self as life-long learner
  • Continue to grow network

[31:22] What M.C. would tell his younger self

  • You are your #1 greatest asset
  • Second greatest asset is relationships
  • Certain skills will not go away (marketing, sales and customer service)
  • Business must solve problems, create outcomes

[34:30] M.C.’s perfect day

  • Work out, family time and personal development
  • Attack the day at 11am (calls, interviews and case designs)
  • Family time, reading in the evening

Connect with M.C. Laubscher

Cashflow Ninja

Valhalla Wealth

Collapsing Time Webinar

Banking Principles Presentation

Resources

Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki

Becoming Your Own Banker: Unlock the Infinite Banking Concept by R. Nelson Nash

Coaching with Michael

Free eBook: The Secret to Raising Money to Buy Your First Apartment Building

Review the Podcast on iTunes