Dear Mentors!!
I am holding my first check in hand, and it’s telling all the naysayers in my life to “Shut up!” and it’s relaying a message to me from you guys saying, “I told you so!” I came across this crumby little trailer, which I got under contract for 60K as an option to purchase. I found that it was not bank financeable at all, so I didn’t have a lot of hope that I could pull it together, but I gave it a shot just to see what the market would bring. Well, I put the word out that I was selling for 70K, and the market brought me a lease option buyer with 45K down!! Well, I ended up discounting my purchase down to 50K for problems I found in the house, but I wasn’t quite able to make this make sense just yet. Then I realized that once I purchase the house, it would be free and clear, and I could get a small loan from a private lender to cover the difference so that I could just get paid up front. Well, that is just what I did! I cashed out the seller, have a private lender who has first position on the house, have a lease option buyer in the house now making repairs and showing a tenant-buyer mentality, and I got paid about 20K minus closing fees. I did virtually no repairs to the property. The biggest thing that I learned is that I can help other people solve problems and create a real win-win solutions, and get paid for it! I also learned that the biggest thing in the way of my success was not my lack of experience, but my lack of action! Between Ron’s training, and my mentor’s scripts and detailed plans, experience wasn’t actually much of an issue. I now intend to be very action oriented as I continue to progress in my business.
Thanks again!
Paul D. Haul
congrats. Very inspirational. I normally don’t look at trailers. I will now…
Dude,
High five. You earned it.
Now keep it rolling!!!!!!!
Awesome. Good advice. Tx for sharing your success. So encouraging.
Great job! Thanks for your encouragement!
Wow!!! A diamond in the rough…
Hello Paul,
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,
Robert
This is a great story that speaks to the power of taking action. Wealth is a reward for solving problems and it looks like you have learned to be nimble in your thinking. Blessings to you!
Hello again Paul,
Congratulations and good job on the real estate deal! 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 still 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,
Robert
Oh by the way Paul,
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.
Hello Paul,
I am working on a deal right now and hope you are reading this comment so as to replying and giving me some words of encouragement, advice, and support. I sure could use it so that I too can be a successful investor! Maybe I’ll hear from you soon? Take care.