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Podcast: Get Rich Education
Episode: Direct Investing in Oil & Gas Wells with Mike Mauceli
Description: #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 Β What is a real estate "syndicator"? 09:08 Β 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 ac...