Jun 5, 2018
After warning family and friends in 2007 about the coming market
and mortgage collapse, Daniel Ameduri started his own YouTube
channel, VisionVictory, which has received 10 million video views.
Not listening to his own advice, Daniel made a bad bet
with Southern California's real estate market, which wiped out
his entire income and savings, leaving him broke. With a
special focus and passion for personal finance, he re-built his
wealth and declared financial independence in 2012. Daniel is the
co-founder of Future Money Trends and shares his best investing
tips and how to grow a strong audience.
Key Market Insights
- At 13, joined martial arts and had a mentor who was a real
estate investor
- “Want to be reach and not go to school” by robert kiyosaki
- At 18, bought his first rental property in 2000 in Southern
California, at the beginning of a bull market
- Even small condos were going up in value by $10k month
- 700 sq ft – Azusa for 100,000 sold it 2 and ½ years later for
$278,000
- Borrowed an agent’s commission as a down payment as an advance,
refinanced to pay the broker back
- In 2006, knocked on doors talking to people in foreclosure and
the list was small, but the list started to grow and then became a
thick packet
- Realized the sub prime lenders were on the default list and
knew something was about to crash
- Started warning family and friends that a crash was coming, but
was still investing trying to squeeze in last minute flips
- Had a flip for $990k that ended up selling as a short sale for
$550k
- Was blessed that Google took over Youtube and made him one of
the first partners
- Started as a newsletter, which morphed into Future Money
Trends
- Opportunity to diversify into PureStreet - $1,000 on first
trust lien
- Stocks – like blue chip names like Disney and believes it’s
virtually impossible to time the market
- You’re always going to get your best value when you buy things
that people don’t want
- People say you have to buy low, but nobody wants to buy
low
- Focuses on buying homes with foundation issues that can be
fixed for $3,800
- Some native Texans are hurting as there are high property tax
at 2-3.5%
- However, a massive migration from California and NY in to
Texas
- Out of 11 of his kids friends, one is from Texas, one from
Michigan and nine from California
- Project he’s excited about: Land acquisition in California for
the cannabis industry – Santa Veritas
- Have the discipline to buy companies that are selling for less
than their value
Bull’s Eye Tips:
Winning Your Market: For investing: Buy what is ugly;
For an audience: Over deliver on providing great content
Tracking Market Changes: Watch traffic to website and
goes opposite of what media says - “media is chasing the last
story, not the next story”
Daily Habit: Read for an hour and then focus on
gratitude
Resources:
If
You Want to Be Rich & Happy Don't Go to School by Robert
Kiyosaki
Best Business Books:
Rich Dad, Poor Dad by Robert Kiyosaki
The Davis Dynasty by John Rothchild
Digital Resources
Google Suite
Zero Hedge
Drudge
Report
Tweet This:
“Don’t chase the bubble”
“You’re always going to get your best value when you buy things
that people don’t want”
“People say you have to buy low, but nobody wants to buy low”
“There is always a solution somewhere”
Places to Grab a Bite:
Bob’s Steak and
Chop
Connect with Daniel:
FutureMoneyTrends.com
Leave us a review and rating on iTunes or Stitcher. Be sure to
check out more info at TargetMarketInsights.com.