About Me

“Insurance & Real Estate Agent”

-MMK

Mais Mike Karibyan is a professional agent in Financial Services Industry ( Insurance & Real Estate ) since 2002. At young age of 18 he started his career and was top producer in many successful companies. Not only he is a successful agent but also a great friend. Mike works with integrity and enthusiasm and loves his profession. He is energetic and always soliciting fresh ideas and new ways of approach to the industry and servicing his clients. He can help you with his 16 plus years of experience and he already served more than 2300 plus clients in his career.

“WHY REAL ESTATE”

There are many ways to turn a profit with real estate.

When you buy a stock, the only way you can make money is if the stock appreciates in value, and you sell it at the good time. With real estate you can make money in many ways, I can name those 12 off the top of my head, and there are many more.
Rental income. That one is the main source of profit investors are going for when buying a rental, and doesn’t need an explanation.
Buying low. You turn an instant profit if you manage to buy a property for under market value. Think foreclosures, quick sales, and awesome negotiation skills.

Selling high. You can make extra money if you stage the property to attract buyers over market value. With stocks, you always buy and sell at market value. With real estate, you can try to beat the market.

Increasing equity. If you take a mortgage to finance a rental, you are increasing your equity with every mortgage payment. I put down 25% on my last rental and with mortgage repayments am around 33% equity at the moment, those 8% of the property value were paid by rents and are increasing my net worth every month.

“WHAT is Life Insurance”

A life insurance policy is a contract with an insurance company. In exchange for premiums (payments), the insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries in the event of the insured’s death.
Typically, life insurance is chosen based on the needs and goals of the owner. Term life insurance generally provides protection for a set period of time, while permanent insurance, such as whole and universal life, provides lifetime coverage.
It’s important to note that death benefits from all types of life insurance are generally income tax-free.