Five Hours Of Work For A $10K Deal

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• published: 09 Feb 2017
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http://JoeCrumpBlog.com - I believe the best way to learn the business of real estate investing is to hear how others have done it. When these interviews were recorded, I asked the interviewer to ask questions that would help the viewer see how these folks got started. I wanted to hear the struggles, the successes and a clear path and explanation of what they had to do to make these deals happen. I did NOT want them to be a bunch of people telling you how wonderful Joe Crump was. I wanted content, examples and real life experiences. I hope we succeeded. More about real estate investor automation: http://www.PushButtonAutomarketer.com Be mentored by a 30 year master investor: http://joecrump.com/partner Case Study - Ruth Mejil - Austin, Texas -- My name is Ruth Mejil. I'm from Austin, Texas. I have been interested in real estate for a while, so I started doing some research online. Joe Crump kept coming up and I liked mostly the creative financing methods that he talked about, and then later learned about the for rent method with lease options. I'd have to say, seriously, probably last year, when I came to this event, and I say "seriously" because it was when I did my first deal. My first deal was about five weeks after I attended Joe's event in January and it was a lease option and it was a $10,000 deal. It worked well. Actual work time, I'd say maybe four to five hours, if that, and it was actually an out of state deal, so I never saw the property. I only spoke with the seller and the buyers who had come through to look at it. Just posted on Craigslist. I didn't have boots on the ground at the time. Three weeks it was done start to finish. It was a through all the stars were aligned. It didn't happen like that following, but very, very good deal for sure. That was my best deal. I found that deal from the pushbutton Automarketer and this was an investor guy who'd had several properties and he'd been trying to move this one for, about five months it sat vacant. It did need some cosmetic repairs and there was a lot of wiggle room. He was willing to come off of his price. He'd already had it on the market so long that he just was ready to get the deal done and I was happy to be able to bring him a buyer so quickly. I don't know that I'm there yet, but that would be my fault because I've kind of backed off of the daily activities that I need to be doing to get that. But I know it's doable and it's partly why I came back to the event this time because it always gives me a little bit of a boost and a refresher and a little nudge that I need to do what I need to do. I'd say my immediate goal is to get cash flow. Lots of cash flow. And then beyond that long term, I'd like to get into the multi-family space. I'd like to start doing some commercial deals. I flew for the airlines for seventeen years and I loved it. And then as the years went on my life needs changed and so I needed to kind of be home more often and not traveling. It's been a great decision for me to start this business and to move away from flying. I'd say start where you are. Learn as much as you can in the space that you want to learn from the people that are doing what you want to do. Find someone that is doing it and then follow them. Joe Crump was great for that. I highly recommend him. And then also the pushbutton Automarketer. That's how I got my first deal and it just made it so much easier to have in bound leads as opposed to cold calling every day. I say try it. Because you'd be surprised. To read this transcript and more of Joe Crump's articles, click here: http://joecrumpblog.com/five-hours-of-work-for-a-10k-deal/