Before I started learning about real estate investing, I played for the Green Bay Packers in the NFL and had ZERO experience in real estate.
Before I got started with real estate investing one of the biggest limiting beliefs I had was if I could transform myself into an NFL athlete then I could transform myself into a real estate entrepreneur.
What I’ve learned from in my mentoring experience with Tony Pearl, is how to play the game. I believe the pairing of Tony and I was a perfect match. Tony is really great at listing, understanding and relating to everything I’ve presented him. He’s been very competent and one of the best things Tony has done for me is give me very THOROUGH, timely and detailed explanations that help me really understand the process.
I’ve had so many breakthroughs or, “a-ha” moments. The biggest breakthrough I’ve had is to remain calm. I have a great ability to get panicky with things. When ever I present these situations with Tony, he gives me the best advice. He always tells me to go back and review the material. The best takeaway I’ve gotten from that, is that the foundation for this business is the continuing education and sticking to the wheel, not reinventing it.
I closed out my first deal last week. A lease purchase deal with a 30K Non Refundable Option Deposit. $400 / month cash flow. Feels great to have this one under my belt and literally, Tony making himself available as I spazzed out the day before the deal closed. More to come and it seems like sooner than later!!!
Results:
Yes, I’ve done a deal! And my profit was…
$32,000.00
I’ve done these type(s) of deal(s): Lease Purchase
– Going Forward —
Because of my mentoring thus far, I feel very confident that I will be a real estate investor. It’s all about systems, organization, preparation and repetition!
To anyone who’s thinking of getting a mentor, my advice to you is to get one. Being as though my former career was the NFL. I played 7 years and started 4 of them. I also played 6 different positions in a 11 man defense. Point is, having a coach that believes in you, can help curve the learning time down and put you in the best position to win no matter what situation that’s been thrown at you is worth it. I would have never accumulated the success I had in the NFL without my hall of famer coach. This same thing is holding true in real estate investing.
OPTION 2: Letter-Style! (Preferred)
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-Michael Neal
Way to go, Michael!!!
Awesome!Congratulations
Great job and keep working at it
If anyone should know the value of a great coach, it is you! Thanks for sharing this story. I continue to hear about you so you must be doing things right!
Hello Michael, thanks for the informative success story and the posting. Tony Pearl sure knows his stuff. Congrats to you on the $32,064 profit. Never give up and keep on investing, moving forward and make us all proud of you. Take care.