Get Rich Education
18: Direct Investing in Oil & Gas Wells with Mike Mauceli - like BFFs featuring Josh Richards and Dave Portnoy & The Peter Schiff Show Podcast
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:52:59
- Mais informações
Informações:
Sinopse
#18: Cash flowing real estate is not confined to residential, commercial, industrial, office, agricultural, retail, and storage. Consider oil & gas wells. Mike Mauceli, CEO of Reef Oil & Gas Companies in Richardson, Texas, explains this direct investment opportunity in producing oil & gas wells. Monthly cash flows and terrific tax benefits are typically provided to investors. Listen to this week’s show and learn: 02:03 What is a real estate “syndicator”? 09:08 The minimum amount one needs to invest with Reef. An investor does not need a certain credit score, liquid reserves, debt-to-income ratio, nor accredited investor status. 11:00 The difference between investing directly in Reef Oil & Gas Companies vs. oil & gas stock. 13:35 Today’s drilling techniques may reduce the risk of “hitting dry holes”. 22:03 Interests in reducing environmental impacts of oil & gas extraction. 25:44 Does Reef have “skin in the game”, investing alongside the individual investor like you? 28:14 How R