Should I get a Mentor?
I attended Quick Start with Ron last September. Best decision I ever made!!
Should I get a Mentor?
Well I thought about this for about a minute and decided that ONE deal over the next 6 months would pay for it. So I signed on. Next best decision I ever made!!!
Since signing up with a mentor I have gotten TWO deals, both with ZERO down.
None of my own money and no credit needed,
One is a contract for deed and one purchased “Subject to…”
Both properties have renters until spring and both currently cash flow!!!
I plan to Lease Purchase both properties in the spring.
Here are the numbers on my first deal.
I purchased the property for $165,00, Taking over the loan payments and paying seller $15,000 at the back end.
| PROPERTY #1. INFO: | EXIT PLAN | RESULT | |||||
|---|---|---|---|---|---|---|---|
| Purchase | $165,000 | ARV | $230,000 | ||||
| LOAN | $150,000 | DEPOSIT | $10,000 | CASH NOW | $10,000 | ||
| PAYMENT | $1,3000 PITI | PAYMENT | $16,000 | CASH FLOW | $3,600/ Year | ||
| CASH LATER | $55,000 | ||||||
Turned out it was a no brainer…having a mentor has been an awesome and profitable decision.
Thanks to my Mentor, Todd Foster, I was able to structure the deals well at the front end and I was able to navigate the paperwork to get to the end of the deal with ease.
And of course, thank you Ron LeGrand.
Dec Barry
congratulations
This is a true testimony of the power of a mentor! It is so much easier when you are not doing it alone! Thanks for sharing your story and experience!
Hello Dec, thanks for the great success story about your deal! It was very inspiring and well worth reading. Todd Foster is a good mentor and knows his stuff. Congrats on the profit you made! It’s quite motivational. Keep on investing, moving forward and make us all proud of you. Take care.