Milt Millions REAl Estate Tips & More

Milt was created by "JB" Griffin a  So Cal Native and  Time  Share Sales Executive, California RE Broker, Insurance Broker and  founder of JBGmg for Real Estate Tips, Insurance Tips  & More! 

Milt does not give Tax or Legal Advise and suggests you consult your CPA or Attorney for Legal Advise on Matters pertaining to Law or Taxes on Real Estate or Insurance 

Buying a Home is the Biggest Purchase and potentially profitable investment  for most people in their lifetime. 

Milt suggests you find a Home you can afford in an area you want to live in . As Milt's Grandma a Property Manager taught him owning property is a right we all have in the USA. If you are able to own and rent properties out you will have Income coming in every month.  Milt has managed properties and has seen 1st hand that Ownership is a great way to roll in money.  Andrew Carnegie Industralist quoted that 90% of all Millionaires became Millionaires through Real Estate. 

Find something you love to do work hard and set a goal to buy Real Estate from your hard earned income.  

Milt bought his 1st home in 1979 from commissions he earned as a Printing Salesman in Los Angeles. The Price of the New 3 Bedroom 2 bath Townhome in a new development in Duarte, CA was $66,000  and required a 10% Down Payment of $6,000 with a Monthly Payment of $425.  More to follow..... 

If you buy A home which might be a great long term Investment your next question might be shall I purchase a 2nd Home Vacation Getaway.  50 years ago I would have said yes,  but today just owning one home especially if you live in California may be all you can afford.  I have researched buying a second home and my conclusion is one is enough at my age which is 69.

I have owned second Homes with my wife  and today,  I'm pleased to announce the only second home we own now is our RV on wheels second home.  If you want to become a landlord and have the ability for a second mortage, Insurance ,Taxes and Maintenance fees remenber it ain't easy and can be expensive.  Today's 2nd Home,  Vacation home owners are typically those that have inherited a second home from their parents or they are Multimillionaires that can afford owning multiple Homes at places where we common folk dream of living but can only vacation there for at most one to two weeks a year. Milt's advise on second homes? Why not consider two additional Options   1)  How about renting or owning a RV ( an somewhat affordable second home on wheels  or 2) Invested in a timeshare where  you  own a vacation at a destination that your family may enjoy like a home for one to several weeks out of the year. 

For more information on owning a Timeshare give Uncle Milt a call since  I do offer Timeshares as an option to consider instead of paying for a pricey hotel for your vacations or owning a second home. You can call me a 562.810.8881  CA DRE# 01229433 to make an appointment for a 1.5 hour presentation on the benefits advantages of time share ownership where you can have a beautiful place to stay every year stay a different resorts every year.   Yes you have to have a Real Estate License to sell time shares and believe me its not a scam no one forces you to buy its your decision get the facts and say yes or no owning a timeshare. Oh yes time share is not a investment where you can expect a profit from your ownership,  but it is an investment in quality vacation time at amazing resorts that you can share with your family and friends as long as you maintain your ownership.  

Are you insured and if so  are you sure your policies are right for you?

Milt Suggests looking into FIA or IUL Policies which give you the one two punch 1. Death Protection  2. Accumulated Savings on premiums paid earning interest  which can be converted to Income for Retirement. To learn more and get a Free Proposal email or call our  Insurance Guy "JB" Griffin  for FIA and IUL Policies. "JB" is the owner Founder of  JBGmg Insurance Solutions CA LIC#0I69757  jbgriffin@jbgmg.com cell: 562.810.8881

Milt is not a fan of manufactured Housing on land you do not own but have to pay a monthly space rent on 

Milt suggests consider buying  land which you own and than purchase a manufactured home to place on that land you own.  It may be expensive to bring in electrical, Plumbing and Sewer to land you own which is a factor to consider if yoiu choose to do this.