Two people share results from Dean Graziosi's real-estate program. One bought a house and plans to rent it if needed. The other completed two deals, gained $17,000 in net worth on one, and expects $25,000 to $40,000 profit on a third deal closing in July.
Questions this video answers
$85,000
Around $125,000
$115,000
$850 per month
About $200 per month
Chapters
Sitting in front of the house in Brule that we'll be purchasing, and we're getting it for $85,000. Comps are around 125,000. We're gonna try to sell it for 125,000 and I will drop down to 115, which would still be a profit of $30,000. And if we can't sell it right away, we're gonna rent it out for 850amonth, which I believe is about a 2, $200 a month cash flow until we are able to sell. This is a property that we purchased since getting Dean's program. And the asking price originally was 59,000. The fair market value is around 57,000. I made an offer of $40,000, expecting the owner to meet me about halfway, and he accepted my offer of 40,000. And so being the fair market value now is 57,000, that means we increase our net worth by $17,000.
So I ordered the book and as soon as I got it, I read it through the first day and it has like I'm seriously, literally changed my life, my thinking, the way I look at real estate, what I see for possibilities in the future for myself, my family, my husband, my relatives. Since we got the book and signed up for the coaching program, we have made two real estate deals. One that has raised our net worth by $17,000. And we're on a third one right now that will be closing the end of July. And I'm expecting to make between $25,000 and $40,000 off that deal. With the new strategies and techniques that I've learned from Dean, I expect to be able to live solely off our real estate investing income.