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

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Synopsis

#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