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Home » Resources » Testimonials » Student Success Stories – Jack Latchinian

Student Success Stories – Jack Latchinian

Dear Alton Jones,

Thank you for being such a wonderful mentor! I joined Planet Ron about 3 years ago, thinking I could do it by myself without additional support from Ron’s mentor program, but I could not make any progress.  I signed with the mentorship program about 6 months ago and immediately started getting very good opportunities showing up. Finally, with your help, I was able to find an opportunity where the seller accepted to owner finance the sale and I closed on this house. 

Purchase price of the house: $465,000

Down payment: $20,000 with about $2,812 monthly payments and a 3 year balloon

My exit strategy is to sell it with a lease purchase

Lease purchase price: $499,900

Front end income: $35,000

Expecting positive cash flow of about $700 / month

Back end income: $20,000

Your mentorship, knowledge and understanding of the marketplace, and your guidance was the catalyst along with being accountable to you. Thank you very much for all your support. Ron’s program is amazing for people who want to get into real estate. I am looking forward to many more transactions in the upcoming months and years. 

Jack Latchinian

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4 Responses to Student Success Stories – Jack Latchinian

  1. Robert Straker says:

    Hello Jack,

    Congratulations and good job on the decision to join Ron LeGrand! I am proud of you and your efforts. Glad to see that you made a good choice, are becoming a successful real estate investor as well as making money. I am new to Planet Ron, and am working on my first deal. One day I too will be able to post a success story like yours. Take care, keep up the good work, and keep on investing.

  2. Robert Straker says:

    Hello again Ben,

    Congratulations and good job on the mentoring! I am proud of you and your efforts. Glad to read that you made some good investing decisions and are becoming a successful real estate investor. I am new to Planet Ron, and am working on my first deal. One day I too will be able to post a success story like yours. Take care, keep up the good work, and keep on investing.

  3. Robert Straker says:

    Oh by the way Jack,
    How many other deals have you done since this one? It would be interesting to find out what other deals you have so we can all learn from you experience and perhaps use that knowledge to help ourselves make us successful. Thank you and take care.

  4. Robert Straker says:

    Hello Jack,

    I am working on a deal right now and hope you are reading this so as to replying and giving me some words of encouragement, advice, and support. I sure could use it! Maybe I’ll hear from you soon? Take care.

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