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Home » Resources » Millionaire in the Making – Nic Brocato

Millionaire in the Making – Nic Brocato

I just want to give a big thanks to my mentors and to Ron LeGrand for teaching me a whole new way to buy and sell houses.  After being a traditional investor for 21 years, I’ve learned how to do Pretty House Deals and have just sold my first one! 

I purchased the home on July 1, 2019.  The purchase price was $218,000.00 with owner financing, the down payment was $5,500.00 and the monthly note is $1200.00 with a 7-year balloon.  I sold it in July 18, 2019 for $249,900.00 on a lease purchase with $10,00.00 down, $1,800.00 per month in rent on a one-year option.  The profit looks like this; $4,500 on the front, $600 monthly spread and $27,400 on the back end.  If they buy me out in one year, the profit is $39,100.  If the home does not sell until year 7, the profit could be easily be over $150k not including appreciation and depreciation!!!  This is a property I would have NEVER purchased using my traditional strategies.  Talk about your game changers!  

THANK YOU ALL, for convincing me that this was a deal!  

I would highly recommend the mentoring program with Ron LeGrand. They have guided me not only through this amazing deal, but since I joined the mentoring program, I have many deals in the pipeline.

Nick Brocato

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2 Responses to Millionaire in the Making – Nic Brocato

  1. Robert Straker says:

    Hello Nic,

    Congratulations and good job on the deal! I am proud of you and your efforts. Glad to read that you made some good money 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.

    Bye for now,

  2. Tony and Angie Stewart says:

    That is so cool! Kudos to you for being willing to learn new things despite your years in the business! Keep pushing and congratulations!

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