The Roy Rogers Rule
If you have money sitting in the bank and you are tired of getting 1% interest while watching the housing crisis get worse, Michael Ruge has a proposition for you. But he wants you to invest safely. He lives by the Roy Rogers line: “I’m much more concerned with the return of my money than the return on my money.”
What does that mean for you? Michael structures his deals as loans, not equity gambles. You don’t have to cross your fingers and hope the condo market skyrockets. You put in your capital (say $250,000), and you get 10% interest compounded. You are a creditor, not a gambler.
Zero Capital, Maximum Impact
Here is the magic that makes Michael Ruge different. When he sells a project (like his massive 888-unit portfolio), the first cheque that gets written goes to his loan investors. They get their original capital back plus the interest before Michael gets paid a single loonie.
After that, if there is profit left, they put a “special dividend” on top, and they might keep a tiny piece of the project for free. Imagine getting all your money back with interest and still owning 1% of an 888-unit building. That is the power of his structure. If you want to help solve the housing crisis without losing sleep, Michael wants to talk to you. You can reach him on WhatsApp or email (michael@affordableapartments.ca). He doesn’t do social media—he’s too busy building homes.
Video courtesy of The 5 Questions Podcast with Mario Lamarre
Links to Michael Ruge, Affordable Apartments and his Initiatives:
Solving HOUSING CRISIS – Interview with Michael Ruge
Michael Ruge: A Visionary Developer Making Affordable Housing a Reality in the Cowichan Valley