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Home » Resources » Millionaire in the Making – Ralph French

Millionaire in the Making – Ralph French

Brian & Lynette,

We completed our first ACTs deal today, and attached below is a copy of the check for $5,000! This was from the property information sheet I brought to the QSRES in Orlando, and you called the seller back to close the deal on the phone. I now have assigned the contract to the tenant buyer, and received a referral letter in the process!

This was a 3bd/1.5 bath 930sq ft. FSBO listed for $72,000.  The seller said he would sell for what he owed (which was $67,000).  Payments were only $588/mo PITI, but in a little rough neighborhood and principle part of loan was only about $100/mo.  So, I chose to ACTs it and get out. I found a tenant buyer with $5,000 that would take over the payments.

Thank you for your mentoring through the whole process, answering all my questions along the way, and steering me on the path to success!

Gratefully yours,

Ralph French

RNW Properties, LLC

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8 Responses to Millionaire in the Making – Ralph French

  1. Debbie Magar says:

    great start.

  2. Barbara Carten says:

    Ralph,
    Congratulations, Ralph! We filled out our contracts together in Orlando. Mine did not go through, but I’m happy for you. Continued prosperity!

  3. VINCENT HICKS says:

    congradulations Ralph, I’m in the Orlando Area as well just starting out, glad to see your doing well maybe you can give some pointers do some networking,,,

  4. VINCENT HICKS says:

    congradulations Ralph, I’m in the Orlando Area as well just starting out, glad to see your doing well maybe you can give some pointers,, do some networking,,,

  5. Eric Murphy says:

    congrats…keep up the successful deals.

  6. Robert Straker says:

    Hello Ralph,

    Congratulations and good job on the decision to join Ron LeGrand! I am proud of you and your efforts. Glad to read that you made some good choices and are becoming a successful real estate investors. 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

  7. Robert Straker says:

    Hello again Ralph,

    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

  8. Robert Straker says:

    Oh by the way Ralph,
    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.

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