It was in 2019 I realized I needed to get my wealth plan in order. Since I was 18 I busted my "you know what" to max out my IRA every single year. I was 34 and had a whopping $134,000 to show for it with a Vanguard Retirement Fund. It was a joke. I also know the odds are against my family to “retire” on Vyral income alone. Any services business always feels like a house of cards…all you own is a system, brand, and a list. All intangibles.
In the industry, I know too many agents in their later years still grinding it out because they never took chips off the table along the way. I knew I needed to go ALL IN on what Brett teaches and own real assets.

I met with my wife and we both agreed we needed to buy as many single families we could. It’s the only asset where we could acquire assets below market value and utilize loans for leverage.

I had 15 rentals already in 2019. Lord knows how I saved up $20-30k every year after taxes since I was 20 years old and bought them off the MLS traditionally. In 2019 with increased market prices, that was now impossible. It was also terrifying with the suggested plan; the BRRRR strategy. Totally new to me. To spend basically thousands of dollars on mail and lead providers to find off-market deals, buy them out of state, and pay for it all by tossing it on a credit card with a bank line (or friends and family private/hard money), then to fix them up, rent them and refinance was not ideal. I studied everything Brett put out; I went to a mastermind and got my hands in some training. It was excellent. I sat down with my wife and said the time was now to be wealthy. If we put these homes on 20 year loans commercially they would be paid off before we turned 60. Brett, and many other mentors, taught me to think big. $14 million of real estate (roughly 120 rentals) would bring in $140k a month in rental income and we could expect to take out 60% of that as a distribution to live our lives when the mortgages are paid off. That would likely net us $84k a month, or $1 million a year in today's dollars when we hit retirement time. We put this wealth plan in place at the same time as running our business. We worked 7 days a week for 3 years from the moment we woke up until we slept with two young kids during a pandemic. We lost our minds. We both gained weight. Our marriage suffered. There were a lot of fights (but with love and respect). We thought about stopping every day. Contractors stole money. Deals fell through. We misjudged ARVs. Appraisals came in low. Everything went wrong all the time. We learned along the way. We brought on money partners to speed things up. We hired 30 people to just build wealth. We went all in. There is a whole book to write to tell you it all.

Today, with what Brett teaches, we surpassed that goal with $16 million ownership rights in our total portfolio. As long as we don’t majorly screw up (lots of insurance, good management, sound tax strategy, an estate plan, close mentors, etc) it’s likely our wealth plan will be there for us. My advice is to make the decision to be wealthy and do not take your eyes off your balance sheet. It will be one of the hardest things you do. Brett will make sure your eyes stay on the prize as we all work in our services businesses. Get the help. I recommend Brett’s mastermind to anyone looking to get their wealth plan done