Gary Sinks – Rockford, Illinois
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:
“An Hour And A Half Into It I made $25,000”
Gary: Hi, my name’s Gary Sinks and I live right now in Rockford, Illinois, and I also have a condo here in Indianapolis. I had seen Joe on the internet and I really understood what he was trying to convey so I got hooked up with him about four years ago. My first deal came after going through Joe’s educational process. It took me about three weeks and it netted me about $8,000 and that started the process. Since then, I’ve sold my old job and now all I do is real estate investing and everything that Joe teaches if you apply it.
Gary: My first deal when I started, it probably took me four hours from start to finish. I think the best deal that I’ve had so far is a lease option. It was the family house with five kids. They tried to sell the house for I think about six years, four different times. I gave them a call off of a yellow letter. They only wanted $100,000. That’s going to make them happy. And so I went and I did a bandit sign in the front yard and I put a little bit on Craigslist and I had sixty calls within two days and so I had probably an hour and a half into it and I made $25,000. Easy. It was really easy.
Gary: I think my average income per deal is probably about $9,000. I’m closing deals consistently every month. I just called a lady yesterday, she’s going through a divorce and she wants to give the house to me for what she owes on the house, subject to. I called her yesterday. I’m going to go see her tomorrow and she says she can move out very quickly so I would assume within the next three weeks I would have that in my portfolio, a subject to deal.
Gary: I think my goals for a real estate investor is to be financially free so I don’t have to worry about money, where it comes from. I know what it’s going to do for me. My ultimate goal is to, because I live in Illinois right now, I really hate the winter. I have some property in Costa Rica so I want to go to Costa Rica when it gets cold sometime in the end of November and come back in April and be able to do the phone conversations from down there and have people on the ground up here so I don’t miss a beat and I’m taking care of people that are in trouble with their house, doing that solution solving and having people up here, providing work, so I can satisfy a lot of different people with real estate transactions.
Gary: I used to have a corporate job to where I had fifty-four employees. I worked sixty-five hours a week for about twenty years and after I got out of that job and started doing real estate full time I could really see and feel the stress pull off and I am, and my wife, very happy now. Very happy, relaxed. We work as much as we want to, not because we have to. We enjoy what we do and it produces a very wealthy income for us.
Gary: I am a full time real estate investor now as of a year and a half ago. I really wish I would have done it a long time ago. I started I 2012 and I built a rental portfolio and after that was done then I really started to get into the lease options and the subject to’s and it’s a very happy life now. I just wish I would have started a long time ago. With the previous job, I had fifty-four employees, so they did everything I didn’t want to do and I’ve kind of brought that over into my real estate world to where I have a lot of automation going on. I have people calling my answering service so the people that leave a message at my answering service I know exactly what and where they’re at in the real estate solution situation. So I only get involved when there’s a green light and there’s a high probability of a conversion from a person that wants to get out of their house to where I can convert it into someone that wants to get into the house.
Gary: I think that for the person to get into real estate right now it’s one of the best times ever. I think that if you just apply yourself, get a mentor, like Joe, and just go through the mentoring program. Do what’s taught. Fight the fear, make the calls and the money will come.
Gary: I think that with the real estate that we’ve now created, my wife and I, we really can appreciate helping people. We’re helping people get out of a bad situation with the house they can’t afford, or they had a tragedy in their life. And we also get into a younger family that maybe has a little bit of a financial struggle. We help them get into a house ownership situation. We help them build their credit and then at the end of the story they get to buy the house with the bank’s help and we allowed another family to get out the house that was taking them down and we’re just in the middle helping people.