Jim Maffuccio – Forget Location, in Real Estate Timing Is Everything

<p><a href="https://www.linkedin.com/in/james-maffuccio-77440813/" target="_blank" rel="noopener"><strong>Jim Maffuccio</strong></a> <span style="font-weight: 400;">(Ma fuchi oh) has enjoyed a long and successful career in real estate and has some battle scars to prove it. Today, as Founder and Principal of</span> <a href= "https://aspenfunds.us/" target="_blank" rel= "noopener"><span style="font-weight: 400;">Aspen Funds</span></a><span style="font-weight: 400;">, he’s drawing on his over 30 years of real estate experience in a way that many haven't discovered. Jim has become an expert on mortgage notes and is helping investors earn high yields every month without the built-in volatility of traditional investment options.</span></p> <p><strong> </strong></p> <p style="text-align: center;"><strong>“If you launch off on a cockeyed idea that you haven't gotten counsel from others, haven't done your homework and the timing is bad, you can persist all you want but I'm sorry, it's not going to work.”</strong></p> <p style="text-align: center;"><span style="font-weight: 400;">Jim Maffuccio</span></p> <p><span style="font-weight: 400;"> </span></p> <h2><strong>Worst investment ever</strong></h2> <h3><strong>Thrice a fool</strong></h3> <p><span style="font-weight: 400;">Jim was sitting at his kitchen table in Ventura, still working for a big oil company that gave him job security and a huge salary. He had just got his real estate license and started putting together deals for a couple of friends. He did some real quick math and said, “Man, I'm gonna make more money on these two real estate deals when they close than I'm making in a quarter of a year working.”</span></p> <h3><strong>Too fast too soon</strong></h3> <p><span style="font-weight: 400;">Without any more research or experience, Jim pulled the ripcord and bailed out the corporation. Within a week, both of those deals went south. He made nothing, and now he was jobless.</span></p> <h3><strong>Not one to give up easily</strong></h3> <p><span style="font-weight: 40