30 Days After Starting - 1st Deal - $ 3,000 Profit - Real Estate Investing



http://www.JoeCrump.com/youtube Read Joe Crumps Blog: http://JoeCrumpBlog.com/ Read the Transcription: John: Hi my name is John Lomeli and I'm currently from Sacramento, California. I do marketing with Joe's autoresponder that he uses for marketing. I use his clone sites. And I of course have my own site, so anybody that subscribes on that website, I keep in touch with through his autoresponder. It's a tremendous too; it's great! John: My first deal I did was 3 days after I went home. I went straight to work. Are you kidding? -- I was excited. John: It was a rent to own. That's, for me, what I knew would work in this market, the way that it is. Some people say it's bad. Well, there's always something that you can pick up as a niche to make work in real estate and I love the rent to own concept that he shared John: Listen, it's working -- I've got deals right here with checks to prove it! John: I made $3,000 up front and I agreed to get a check dated for 60 days later for another $2,000, so I made a total of $5,000 on that particular deal. But hey, that was pretty sweet -- it paid for my course and it paid for my trip so I was excited; I was excited. John: 30 days later, maybe 10 hours -- maybe. John: Let's not even include that $100,000. Let's just say that one's just kind of non-existent. I closed 3 deals so far this year in January. I've averaged, I would say, about $5,500 per transaction. I would say if I continuously do that, I'm probably on course to make $100,000 or $150,000 easy if I just keep doing what I'm doing. But there are ways of creating wealth as opposed to working from paycheck to paycheck. And its good -- the moneys good, but I think there's a smarter way, and that's my purpose in doing this -- to create wealth and then at some point I'll be able to live off of the residual income. John: You know, it's funny; I kind of was stuck in my room shortly after my mother died, and I kind of became a hermit and was always on the internet. And his emails kept popping up. I don't know where he got the email address from! But it kept popping up and popping up and I finally think I read the whole thing and I thought, 'Wow!' Obviously my mother's death affected me somewhat to some degree and I decided, 'You know what? Enough' -- My mother did not want me to live my life mourning her death for the rest of my life, so I basically took his program and I read it and read it, and a few months later I was here. John: Oh gosh, are you kidding? While others are saying, 'Woe is me' and 'The market this' and 'The market that', I'm having fun. I'm loving it. I've got investors with houses that they bought to flip and can't sell that have been sitting there for 3 or 4 months eating up into their equity -- I'm turning them for them. I'm turning them and they're filling them and they love the program. When they've got a house, they say, 'See if you can put a tenant buyer in there for us,' so I've got investors that are willing to say, 'Here are the houses we're buying. You bring your tenant buyers and put them in there.' John: I'm doing this full time. The automation is the purpose for me really looking into Joe's program because I love real estate. I think it's a tremendous vehicle to build wealth. And the automation in today's marketplace is so important. With what I've used so far, it's been tremendous. But I have to admit, I've been lacking in using the way he teaches his automation -- I'm here for the simple reason that I need to take his automation and learn and learn it and learn it until I've got it down, because as busy as I'm getting, I know that it's going to take my business to the next level. John: I'm old school, so I still do things the old fashioned way, but who says you can't teach an old dog new tricks? I'm here to learn. John: I honestly believe this rent to own program, especially in California (although I don't know what the rest of the country's doing) is going to be around for I would say anywhere from another 24 to 36 months for the simple reason that a lot of people who lost their homes can't buy right now. And yes, they will be able to buy at some point, regardless of bankruptcy or foreclosure or even a short sale, it's going to take 24 to 36 months for people to actually be able to rebuild their credit and actually get another home loan, and I'm going to use that window to create the wealth that I want for my family and for myself. I've had about a 3 to 5 year plan to create the wealth that I want using this niche, and it's a tremendous niche, this rent to own program... To read the rest of the transcript, click here: http://joecrumpblog.com/30-days-after-starting-1st-deal-3000-profit/?utm_source=Youtube&utm_medium=EndLink&utm_campaign=Youtube130827

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    Duration: 10m 18s

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