MIKE HOFFMANN: invest in a Micromarket that can pay you $5,000 every month.

Don’t spend $5,000 on a nice watch.

Instead, invest in a Micromarket that can pay you $5,000 every month.

(One of mine makes $17k/month).

Best part?

No big down payment needed.

Here's how you can start yours: pic.twitter.com/HpPEa3tZES

— Mike Hoffmann (@MrPassive_) May 1, 2025

02:46.  Some people are really good at forecasting pricing and even those people will tell you that they're pretty good at about 40 to 60% of the time, that they can build up there value, their holdings over time.  My story about Mr Ferron reallocating money & resources.  Some people are so eager to pay off old debt but it's not a really good use of capital.  A good use of capital would be if I had the ability

Putting your cash into tax lien certificates is nice.  

11:00, KAREN.  We didn't get along with the custodian for years and they finally decided they didn't want us as clients and they sent me a big distribution a 1099-r

11:22. Did you get the dollars?

11:23.  JOHN.  Did you get the dollars?

11:24, KAREN.  No, no because it was a self-directed IRA.  We had total control over the Investments since 2008 and we never changed the valuation on it because we didn't want to tell the IRS what we were what we were invested in.

11:38. Okay, well that's fine, but did you get the gold?

11:43. Oh yeah, well that's . . . 

11:44.  They sent the gold back?

11:46.  No, they didn't have it; we've had it for decades.

11:50.  Oh, oh, so there's no disposition.  

TIP #1:  BE PREPARED WITH IRREFUTABLE PROOF.   Tip #1 happens before you actually get to the court system and that is to be prepared with irrefutable proof and if you haven't checked out my video on how to select the right attorney you might want to check that out I'll link it in the cards above because in that video I talk about how important it is that your attorney dedicate the time necessary to prepare for your case they say the devil is in the details and that is so certainly true a narcissist or someone with a narcissistic patterns of behavior they are going to throw lies and false accusations so your attorney needs to know all the details of your case backwards and forwards so please check out the video on how to select the right attorney but being prepared before you go into court is actually going to be the first thing you can do for yourself I knew what my ex is going to accuse me of based on his patterns of behavior I always knew oh I better have this because he's likely going to say that it just became natural for me to and so it just became natural for me to over prepare and fully prepare for what ever he might throw my way tip number one just to be fully prepared know your facts know your stories something happened a year ago that you're just now going to court for don't assume you remember every facet study like you're studying for an exam because if you're put on the stand you're going to have to be able to recall facts so have those facts in your head before you go to court narcissist count on people not spending the time to detangle their web of Lies so being as prepared as possible when you go to court is going to be very very helpful.

TIP #2: EXPECT AND ACCEPT

Tip# 2: expect and accept that the false accusations and lies are going to come knowing that they're going to come for you.  We'll help you to mentally and emotionally prepare for the for those lies and the false accusations so just let it roll off your back if you've got a good attorney again selecting the right attorney is really important because it doesn't matter what those false accusations are if your attorney is any good he will be able to clean up the lies so just mentally prepare that those lies and false accusations are going to come and you're not surprised let all the emotion go before you get into court I would go in court knowing he would he was going to say this and that and I took all the sting out of it before I got to court tip number two expect and accept those lies and false accusations are going to happen.

TIP #3: TAKE COPIOUS NOTES

Tip# 3: take copious notes while you are in court take down everything as much as possible with that narcissist is saying about you and if you haven't seen my video on how to take good notes in court I'll link the above.   two I provide a template in that is something I wish I had created for myself before my battle started I created it Midway and I was able to use it thereafter but that template became extremely important as I continued in my journey in Family Court because I was able to take all the notes that I was able to so that during a break on the next day of court I would have irrefutable evidence to come back those lies because I would fully prepare for my court battle but let's say something happened in court that maybe we didn't pull for that particular hearing Maybe we pulled it for a later hearing her prior hearing but it was brought out in this particular hearing well we will put it out again so taking really good when you're in court

TIP #4: BE COMPLETELY NON-EMOTIONAL

Tip #4: be completely non-emotional when the accusations come don't get involved in the drama if you can remain neutral and non-emotional about the lies it helps in two ways it lets the narcissist know that you're not phased by his lies and that's a psychological win you're not letting you're letting that person know you're not letting that lie got to you too it shows the judge that you're not getting involved in the drama or the emotions that the narcissist is baiting you with him narcissist hopes you'll get emotional about the LIE and you're showing the judge that your emotional or filled with drama so it helps in many ways helps you to stay calm.

TIP #5: RELY ON YOUR ATTORNEY

Tip #5:  rely on your attorney.  If your attorney is any good they will be able to clean up anything that was falsely said about you so understanding that your attorney will clean up whatever the other person has said about you or falsely accused you of it's going to help you tremendously it'll help you stay focus on just answering questions even if they're trying to character assassinate you or whatever even if they're trying to character assassinate you just answer the questions there's another prior video on how to testify in court it helps you to just relax.

Personal story of what her ex-husband accused her of.  Back in 2018, our son was diagnosed with a life-changing condition that will impact the rest of his life.  He wasn't out of the hospital one week after this diagnosis before her husband filed a false Child Protective Services CPS report against her, saying that she was not taking care of her son's medical needs.  She was mortified. I'd never been in court for any reason I've never been in trouble so to be falsely accused of not being a good mom just hurt me because I'm a wonderful mom that was the worst he could do to me was falsely accuse me of being a terrible mom it devastated me inside but although I know it wasn't true but the fact is I had to be investigated because when you file a report against CPS they have to file a follow up so when I got the call I was like your who from where I just couldn't believe it was happening so she said she wanted to come over and talk to her she said come over come over now I have nothing to hide she came over the next day and she was saying that report was filed yep that was my ex husband that could have filed something like that I showed her all the medical documentation I was keeping records I showed her where I was keeping all the supplies I showed her all the emails between me and the doctor I was obviously taking care of our son and so she said she has to follow up with the doctor and the Privacy thing she needed to do she said she needed to talk to her son's teachers and I said well that's embarrassing well okay she had nothing to hide we were.  

People said let me know if you did it, and then I'll try it.

"No, I'm not."

I even had some people on email telling me that, and I said, "You know, I'm not going to tell you anything."  And I get an email back, "What?"

I said, "I'm not going to tell.  I'm not telling you.  Put your money down and take the risk, like me.  Don't wait and let me take it, and you think if I take it and succeed, therefore it's safe for you.  No, it's not.  Still not.  

00:40. What you shared with that option contract to buy and sell property they're tying it up that's a big thing and if everybody's listening on the call because they're fixing to be a gigantic wave of foreclosures . . . 

00:52. You guys can get so rich if you just look at this one thing what is an options contract for Real Estate you can get rich without even getting dirty I mean I make it sound easy it's a little bit of work okay but just with this knowledge I mean a piece of paper will get you the loan it'll get you the resources I mean what are they doing it's a foreclosure right on mortgages they're setting people up on mortgages right.

01:02.  Property tax and mortgages see like if people are flipping you know I feel like wholesale like I go to Atlanta real estate enjoying the Atlanta Real Estate Investors you use a purchase and sale agreement it operates similar it's a private contract the consideration is $10 so I can tie up a house I got 30 days to go find a buyer and then I make the difference from what I contracted for and what I sell it for for $10 and it's called a purchase and sale agreement so you have to learn these things because there's a wave coming and then you can actually even possibly even help people with this knowledge you're learning here if they're being assaulted improperly by the system or flip the property and make money.

02:11. That's more useful than storing food.  

02:15. The advantage with the option contract that you shared is you have the option, they have to contact you whether they buy or sell you have first right that's what you do with this for 30 days but apparently your option contract lasts longer than 30 days.

02:30.  You can renew it if the seller will let you if it's a really hot market and lots of people are coming to you and the seller is going to say, "Hey man, hey come on, come on, I want to sell this."  He's not going to renew your contract.

02:45.   People are upside down bad, way worse than 2008 and it's predatory.

02:50.  Where is it the numbers are worse than 2008.  

02:53.  Let me give you an example, okay?  So 2008 I was at the meeting Monday the average amount people are upside down said it was $1,000 a month payments, like you're 8-10 months behind but it's around $13,000 to $18,000.  People are now sometimes $100,000 upside down.

03:08.   How are they getting a status from is that from The Debt Service on public records?   

03:10.  Yeah well that's what they do they go well no the people are calling in they're talking to them they contact them you got these free foreclosures lists.

03:28.  If people would jus . . .  if it was your hobby to find these prospects and you spend an hour a week for the whole year up until . . . we'll say you started in January, and in October you're looking for property, like Ray is describing, that's distressed or something going into foreclosure, yes, financially distressed property is what they call it.  And let's say you just try to do it not even having a clue you just took that sentence I just said and you looked on the internet and maybe spend a few dollars on software services or calling people was saying an hour a week 2 to 3 hours a week let's say and nothing happens until October so you spent like 10 months doing it

1:44. We had FinCEN launch an attack on the small business owner because they're going to stop money laundering, John.  So John offers a course on how to legally avoid reporting to Fincen.  December 7, 2023, FinCEN discussion.  Dick Allgire.  

1:55.  Oh yeah, they're going to solve that problem that they haven't solved since World War II.  And also threats to National Security and all that jazz.  Yeah, they're going to solve it by getting the little guy to report his data, i.e., taxpayer information.  

2:05. Yeah, because, you know, because when real money laundering and real criminals, they like to use LLCs, John.  Like my barber, I'm going to tell my barber that he better go ahead and register.  He could be involved in financial crimes.

2:24. Also because FinCEN doesn't get to see the money moving in and out of your account, only the bank does.  Yet FinCEN is going to police, what, your data?