I remember reading this statement many years ago, but of course back then I still had the working the job mentality.
I just paid cash for a gorgeous newer pickup and that got me thinking of how far I’ve come in 3 short years.
Being almost homeless, with no vehicle, & down to my last few buks and desperate as hell.
Then I seen that late night TV commercial on making money in Real Estate with no money and no credit.
I sent my last 25 buks to buy the book, I was just too motivated to not succeed. For some crazy reason I knew I could do it.
I jumped on that book and eventually purchased more and some courses. I still buy every book and course I come across.
At first I didn’t have money for marketing, but there was Craig’s List. It took numerous ads & my first deal I made $2,500 for helping a divorced homeowner Lease Option his house.
I did a few of those, then discovered wholesaling. I’ve never made much more than chicken scratch doing construction
and last year I made $93,000 wholesaling Real Estate sitting on my butt.
It hasn’t been easy, lot’s of emotional ups and downs, lots of work, but a hell of a lot easier than working a construction job.
I remember seeing an old friend and she asked me what I been up to, I told her I purchased a book on how to make money in Real Estate with no money and no credit flipping houses. She quickly says, “Oh That’s a Scam” I told her, oh no its not, I’ve done it. She then says well, just because you done it once don’t mean you can do it again. I told her I’ve done it 15 times.
She gave me a disapproving look and probably didn’t believe me & quickly changed the subject.
I cud go on and on about the negativity and adverse comments I got and still get. Now the chatter is, he must be doing something illegal.
I currently have 4 deals in escrow that will pay out 38K, got a probate deal that will pay out 28K I’m doing and several other deals I’m about to wrap up. I’m making offers and getting the calls. I admire the rehabbers, but it’s too much work and risk for me.
And yes I know I’m still small time, but progressing, every year gets better, I get more efficient.
It’s really fun, the feeling I get from slamming even small deals, I would actually do this for free. The money is a bonus.
Let’s make some Money…
Rando