Closing Deals Between $2,000 – $5,000 Every Week
Armond Wright – Toledo, Ohio
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 Tom, 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.
My 6 month mentor program:
A few Case Study Video Interviews with my Students:
“Closing Deals Between $2,000 – $5,000 Every Week”
Armond: My name is Armond Wright. I’m originally from Toledo, Ohio. I work in the Indianapolis market. Found out about Joe’s program through the internet off of a YouTube video. I’ve been involved with Joe for about seven years now. My first deal took me a little longer, maybe about four or five months, and I made $5,000. It was a package, it was an investor package of a group of properties. But my profit on it was $5,000. Best deal that I’ve done, I would say it was a deal I put together, made about $16,000. That was the best one I’ve done so far. That one, actually it was a lease option deal. Fairly simple. Found a seller that didn’t want the home, and found a buyer that wanted it. I make about anywhere between $2,000 and $5,000, roughly, on the deals. Yes, I close deals pretty regularly. I try to do one every week. But, like I said, the income is usually around $2,000 to $5,000, but yeah, I do deals very regularly. I want to get more properties that I hold on to, expand my portfolio as well as expand my coaching program as well as get more automated where I have a lot of other people working for me in multiple different areas.
Armond: My coaching program, I’m doing some online marketing, getting coaching students. As far as automating my business, I plan on bringing on some hourly people to expand out in different areas. It’ll allow me to do this full time where I can leave my full time job. I’ve got my daughter involved in the business. She’s sold four houses so far. She started when she was fourteen and now she’s sixteen, planning on getting her more involved in the business. My oldest daughter, she sold a house for me as well, and I’m just looking forward to getting my other kids involved as well as expanding the business and teach other people and share my experiences and my knowledge and hopefully helping impact their families as well.
Armond: One thing I want to add. I recommend Joe. Joe is one of the best guys in the business, if not the best guy in the business. He allows you to come back to the program with no additional fee, so you can come back without any additional charge. That’s something that’s rather unique compared to what some other guys are teaching. I strongly recommend Joe. He’s a great guy.
Armond: Just off the surface, the price difference. Then the other piece is as far as the way he goes about teaching the business from, talks about the different ways of structuring the deals, paperwork that he uses is fairly simple and he’s always available through email and he has these buying events quarterly. He’s just a very open person, open, straightforward, just all around a really good guy.
Armond: Automation piece is something that I’m still working on. I’ve been, as far as some of my automation, I was working with students in order to help do more deals. But I’m looking to bring on some hourly people and have them work for me and help expand the business that way and put it more on autopilot.
Armond: For a new person that didn’t have much money I would tell them to seek out a mentor, someone that’s doing the business and if they didn’t have enough money to hire them, maybe they an volunteer some of their time to work up under them like as an intern or something like that. That would be a good way to help get started in the business. Find someone that’s already doing something that you’re looking to do and either pay them or volunteer your time in order to learn.
Armond: I would just say, you know, anything worth having is not easy to obtain. Just keep working at it. Never give up, never quit. Just keep working and you’ll get better over time. Seek out a good mentor or a good teacher and just kind of follow their lead and you just keep working toward your goals.