Profit Strategy: Buy, fix up and hold. Number of Units: 16 Amount Earned: equity & 30% commission Prior Experience: Was a loan officer in mortgage industry for several years, then got real estate license, focusing on “short sells”.  He then began acquiring SFHs needing light renovation, which evolved into properties needing heavy renovation, which then…

Quick Facts: Profit Strategy: Got property under contract for $165K and sold to buyer for $181,500, resulting in 10% flip fee ($16,500). Number of Units: 3 Amount Earned: $16,500 Personal Money Invested: $0 Prior Experience: Some background with single family, not commercial.   Here’s his story: Like many of those who find success in small…

Profit Strategy: Buy & hold out of state using property management company Number of Units: 12 Prior Experience: None.  He had attended other real estate seminars in the past, then did this first deal 1 month after attending Lance’s BMSA LIVE boot camp. Personal Money Invested: $0.  Found private investor. Single most important thing learned: “The…

Profit Strategy: Buy & hold
Number of Units: 9
Amount Earned: Cash flow
Prior Experience: Their 2nd real estate deal

Profit Strategy: Wholesale Number of Units: 4 Amount Earned: $200,000 Personal Money Invested: $8,000 Prior Experience: None in multifamily.  His background is in single family wholesaling.  

Profit Strategy: Buy and hold Number of Units: 4 Amount Earned: At this time, currently under contract to sell to a developer. Stay tuned for part 2! Personal Money Invested: $8000 Prior Experience: None in multifamily.  His background is in single family wholesaling.  

Profit Strategy: Buy & hold Number of Units: 2 Amount Earned: Cash flow Prior Experience: None Personal Money Invested: 50% self, 50% through private lender

Profit Strategy: Wholesaled apartment in Houston remotely from Honolulu Number of Units: 12 (6-plex, 4-plex, 2 SFH) Personal Money Invested: None Amount Earned: $10,000 paid at assignment Prior Experience: Their 1st real estate deal

Quick Facts: Profit Strategy: Wholesale Number of Units: 2 Amount Earned: $2,500 Prior Experience: Been involved in real estate for nearly 20 years, starting with a duplex as his first purchase.  Since then he’s purchased and rented out a few small apartments.   Here’s his story: Garland Ferguson is unique among graduates from Lance Edwards’…

Profit Strategy: Wholesale Number of Units: 21 Amount Earned: $21,570 Prior Experience: This was his first real estate deal of any kind