Saen Higgins is a world leading expert on investing in tax lien certificates. A passionate public speaker, philanthropist & entrepreneur. He is also a professional photographer and taught 500,000+ clients to build wealth. He is the founder of Wealth Formula Academy, Saen360.com, and has over 30 years of experience in Real Estate.
Saen’s Website – Visit Saen’s website.
The Wealth Formula Summit – Discover your way to create generational wealth. Reserve your spot and join the Miami Wealth Formula Academy Summit! Use the code “johnmiami”
3 Value Bombs
1) Having a morning routine is a must. It sets the stage for everything.
2) Putting up a retirement plan is one of the best strategies.
3) Don’t do it to get the deal; instead, do it to have the skillset.
**Click the time stamp to jump directly to that point in the episode.
Today’s Audio MASTERCLASS: The Wealth Formula with Saen Higgins
[1:41]- Saen shares something he believes about becoming successful that most people disagree with.
- He believes that a morning routine is a must. It sets the stage for everything.
[3:56] – Saen shares details about The Wealth Formula Academy and his belief in building true wealth.
- It started with a conference of colleagues a few years back.
- He met and gathered some of the best people in his life who shared a common wealth: financially and in health.
[6:32] – Saen shares a success story from people who applied his learnings over the years.
- Most of his superstar students in The Wealth Formula Academy are those who spend more time planning their success.
- He teaches how to have a skillset rather than just getting the deal.
- His best success stories are from people who learned to have and manage their customized retirement accounts.
[9:20] – Saen talks about the strategy of buying properties for 10% of fair market value.
- He made his first deal in 1994.
- Everybody has property taxes, and the county collects that money as revenue.
- When somebody does not pay taxes, the county loses the ability to produce more money.
- The county will give you a tax lien certificate for paying somebody else’s property taxes.
- When taxes are not paid, you will get a guaranteed rate of return.
- If taxes aren’t paid after five years, you can start the foreclosure process and get the property at 10% of fair market value.
[16:28] – Saen shares his thoughts on Customized Retirement Plans.
- Start doing things not because you have to, but because it is the right thing.
- Having a Customized Retirement Plan is essential in wealth-building; it eliminates the IRS.
[20:30] – Saen shares his strategy on income taxes.
- Putting up a retirement plan is one of the best strategies.
- You can have everything inside your retirement plan.
- You cannot avoid paying taxes, but you have options.
[24:11] – Saen’s parting piece of guidance.
- Don’t do it to get the deal; instead, do it to have the skillset.
- Have a mastery mindset, and all the periphery things of making money will come into you.
- The Wealth Formula Summit – Discover your way to create generational wealth. Reserve your spot and join the Miami Wealth Formula Academy Summit! Use the code “johnmiami”
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