Just got a big lump sum of cash?

For example, did you receive a massive bonus in your 9-to-5 JOB?

I hear it a lot…

“Billy, I’m so excited! I just got my bonus check. I’m going to pay down my mortgage so I can pay it off early!”

Here’s where I cringe. I may be smiling and nodding, but I’m pretty sure the look on my face betrays me.

I want to yell, “NOOOOOOOO! Stop!!”

The truth is that there are smarter things to do with your extra cash.

That’s what I talk about in this week’s video:


Use your bonus check for something financially smarter!

In my corporate soldier life, it’s normal to receive a bonus of $50,000 or $100,000 (euros or dollars).

I’m surrounded by these fellow soldiers.  – At the water cooler, a big topic is how to spend the bonus check. Maybe that reflects your life.  – Tweet   So let’s look at that a little deeper.

First, let me reiterate… your home is NOT an investment.

In other words, it’s not an investment property. It is quite clearly a liability… something for which you pay month after month so your family and you have a place to live.

It is NOT a rental property. That means it is not an income-generating asset.  – Tweet  

You gain zero cashflow from your primary residence.

So, why would you want to pay that down when you could use the $100,000 bonus to invest in a property that will generate ongoing income?

Second, if you use the $100,000 to pay down your mortgage, it is now locked in the house and you can’t access it. Sure, you’ve paid the bank a big load of interest… because that’s primarily what you are paying for the first several years of your loan. (Look at your mortgage statement next time and you’ll see how much actually goes to principle. Your stomach might hurt.)

You didn’t do much to move yourself forward.

Third, you could put your money into an interest-bearing CD that gives you a 2% return. At least you’d be doing something more beneficial with your bonus check! Over the next 20 years you would earn $20,000.

Then you could use the entire $140,000 to pay your mortgage off early (when you’ve paid the interest down on your loan over that 20 years and you’re finally into paying larger chunks of your principle).

I say 2% for easy math, but you’d be lucky to find that at your bank right now.

That’s why I invest in rental properties. The returns are far greater and I’m using my extra money and the money of private investors to purchase income-producing properties. Specifically multi-family properties.

My investors and I don’t have to wait 20 years to earn the income either.

My goal is to reach 50 units of property by the end of this year. I am half way there and looking for my next apartment building in the United States, where investing gives really good returns.

I can tell you this much…

If I earn a $50,000 or, better yet, a $100,000 bonus check, first I’d do a happy dance. But then you had best believe I’m not paying my home loan down. I’m investing it as quickly as I can in an apartment building!! At the very least, I’ll purchase another small multi-family property.



The more doors, the greater the cashflow!  – Tweet  

If you want to learn more about why I do what I do, or if you want to chat about participating with me in the future, I’m here. Let’s see if we’re a match. Just schedule a time to chat. You’ll find the link on my website. Yes, it’s the CONTACT US tab!


For now, I have a question for you…

Have I opened your mind to the possibilities about what you can do with your next bonus check?!

If you like information like this, I have good news. I’m hosting a FREE MASTERMIND to teach you how to invest in multi-family properties. I’ll be going into depth in how I find, fund and facilitate my multifamily properties.

I’m excited about this mastermind. It’s my first big educational outreach, but I’m keeping the cost at $0.

Go here to RSVP:


You can also check out my latest podcasts and collaborations here keeponcashflow.com/podcasts/