Melvin Feller MA Examines the Best Way to Invest Real Estate Investing Profits Back into Your Business

Melvin Feller MA Examines the Best Way to Invest Real Estate Investing Profits Back into Your Business

Melvin Feller is known as “The Entrepreneur’s Mentor” because Melvin walks his talk. Melvin Feller has been there and done that and more importantly, Melvin Feller knows how to transfer the skillset for success. This is main reason that he has been the sought after coach to hundreds of small business owners, entrepreneurs, Realtors, Real estate investors and service professional internationally. Melvin Feller’s main talent is to show you how the step by step process to build and enjoy a successful 6-figure plus business while having a balanced life. Melvin Feller is currently pursuing another graduate degree as an MBA.

Real Estate Investing Profits by Melvin Feller

Real estate profits are created every time we buy, fix and flip a house. Real estate profits are created every time we execute a lease option. Lease options sometimes create real estate profits twice; once when you get your option consideration and once when your tenant/buyer exercises their option and cashes you out. Each of these events can produce a healthy check. Whenever you get one of those nice paydays, have a plan for it, do not just let slip through your fingers…remember you are in the wealth building business…so do it! Here is a formula I share with all my clients and I am happy to pass it along to you.

10% to your church or favorite charity

You will get it back many times over. Some people say you should give till it hurts. I think we should give until it feels good!

Real Estate Investing Profits by Melvin Feller

10% to splurge on your family

Their love and support helps you succeed. Most entrepreneurs tend to be pretty intense at times and single minded at others. Celebrating your successes with loved ones will only make them more supportive as you grow your business.

10% for continuing education

Keep investing in your skills! Every dollar you invest in your education generates a huge return.

While my experience is anecdotal, I anticipate about a 1000 fold return on every dollar I spend on education.

70% to reinvest in the business

Real Estate Investing Profits by Melvin Feller

I am not saying do not pay your bills. However, I am recommending you do not go out and buy the new car, the new boat or some other thing, as Robert Kiyosaki calls them, “Doodads”. Invest in the growth of your business by increasing your marketing and improving your ability to do deals! Use those real estate profits to build wealth and one day you might be truly amazed at your results!

Melvin Feller Business Consultant, Business Owner, Melvin Feller ministries and MBA Graduate Student Candidate

Melvin Feller MA Texas and Oklahoma. Melvin Feller founded Melvin Feller Business Group and Melvin Feller Ministries in the 1970s to help individuals and organizations achieve their specific Victory. Victory as defined by the individual or organization are achieving strategic objectives, exceeding goals, getting results or desired outcomes and a positive outreach with grace and as a ministries. He has extensive experience assisting businesses achieve top and bottom line results. He has broad practical experience creating WINNERS in many organizations and industries. He has hands-on experience in executive leadership, operations, logistics, sales, program management, organizational development, training, and customer service. He has coached teams to achieve results in strategic planning, business development, organizational design, sales, and customer response and business process improvement. He has prepared and presented many workshops nationally and internationally.