Archive for September 2022

Quick Facts: Profit Strategy: Fix & flip Number of Units: 4 Personal Money Invested: $1,100 Amount Earned: $80k Prior Experience: Prior to finding Lance’s program, Wren had flipped approximately 40 single family homes Wren’s Story Wren came from a construction background. His father was a general contractor. Wren started pouring concrete as soon as he…

Quick Facts: Profit Strategy: Rehab and hold Number of Units: 3 Personal Money Invested: $0 Amount Earned: Projected annual NOI of $21,400 Prior Experience: Roger’s only prior real estate experience was that he turned his first home into a rental property Roger’s Story Roger is a “senior citizen,” he explained with a smile. He thought…

Quick Facts: Profit Strategy: Rehab & hold Number of Units: 9 Personal Money Invested: $0 Amount Earned: Doubled the value of the building since purchasing Prior Experience: Hoku and her husband had prior experience flipping single family homes, but no multifamily experience Hoku’s Story Hoku’s story is not conventional. When she was in her twenties,…

Quick Facts: Profit Strategy: Buy & hold Number of Units: 18 Personal Money Invested: 20% down Amount Earned: $9k-$10k monthly cash flow Prior Experience: Joe spent almost 40 years as a general contractor for commercial properties, working on massive projects such as building 177 Walmarts and Sam’s Clubs. Joe’s Story Joe started his career as…

Quick Facts: Profit Strategy: Wholesale Number of Units: 10 Personal Money Invested: $0 Amount Earned: $25,000 Prior Experience: Before working with Lance’s team, Damon had previously dabbled in wholesaling multifamily with some hurdles, which almost pushed him out of real estate, but luckily stuck with it with the help of one of his childhood friends…

Quick Facts: Profit Strategy: Rehab & hold Number of Units: 8 Personal Money Invested: $60k Amount Earned: $10k per year Prior Experience: With no prior experience, Chris works in technology Chris works in technology. The income is good, but he knows his job will never give him the financial freedom he craves. He loves his…

Quick Facts: Profit Strategy: Rehab & hold Number of Units: 2 Personal Money Invested: $30k Prior Experience: With a background of 35 years of working in finance and accounting, Michael had previously acquired 14 single family rentals since 2017 Michael’s Story Michael tells a familiar tale. College, work, family, and striving for retirement. He received…