I Average At Least One To Two Deals A Month


My name is Ronald L. French. I’m from Pensacola, Florida. I’ve been going through online looking through
YouTube, looking for some investors, home investors, and things like that and I’ve
stumbled across a few and they didn’t catch my eye because they were too flashy. They were showing the fast cars, the big houses
the money, real quick money. And I came across Joe and he just seemed down
to earth. He was real down to earth and the main thing
that got me was when he said, “You’re not going to get rich quick.” And I knew that when he said that, that was
true because I was self-employed for fifteen years as a truck driver. And I retired from that and I went to school
for a physical therapist assistant. And now I’m a physical therapist assistant. So when he said you’re not going to get
rich quick, I knew that. And that was true. So, that kind of made me decide to start following
him online. I’ve done three deals in the last four or
five months of rent to own. The last one I just closed out I make over
$4,500 after the deal is over. We just closed out actually before I came
here. And that was it. We did a lease option memo for the owner. She was in California. She had property in Pensacola and she was
renting it out and she was going through a property management company. And she just couldn’t make any money between
the repairs and things like that and she asked me if I could help her. And I explained to her the whole situation,
the lease option memo, how things could go and she said, “Okay, let’s try.” Well, initially she was a no. She came through on the Automarketer and she
told me she was fine, she didn’t need any assistance. I said, okay. So, I followed back up with her later on and
she was still a little hesitant, and she said no again, but she would think about it. Fast forward, a couple months later we got
on the phone again and she was in panic mode. She had a property, she had a couple properties
in Pensacola. She called me and asked me if I could help
her, and like I said, I explained everything to her and I did the first deal for her. I put, I found a lease option tenant for her
within a week. And I made $2,500 off of it. She called back and said, “Hey, do you think
you could do this again for me? I have another property there.” And I said yes. And we did another one. I made $4,000 off of that one. It took me about two or three weeks to get
that one filled. It was in a nicer area, of course we were
asking a different amount of money for rent and we went from there. When you do the Rent To Own Method, you do
what Joe calls a lease option fee. And basically that’s your down payment from
the buyer, gives a down payment to you to purchase the home for you doing all the work
for them. And it’s also your way of making money without
taking anything from the seller because of what they’re asking for. And that’s how I got my down payment. This last deal took us about two months because
the owner, she wanted a little bit more for her rent than what the market rent was worth. And I explained to her that I think, I thought
the rent was a little bit too high and that we would probably have hard time finding a
buyer, because most people have the down payment, they just haggle with the rent. And if it’s too high, they don’t want
to pay it. And we ran through that for about thirty days. The owner finally agreed to bring the rent
down and it went pretty quick after that. It didn’t take long. We went through a few more tenants to screen
and things like that and we found the right one and now we closed out. It would be hard for me to say, but I didn’t
do much work. Most of my time was just showing the house,
you know, people calling and wanting to see it. And it would take me five, ten minutes to
show the house every time I went by. The hard part was, like I said at the beginning,
she didn’t want to come down on the rent, so that’s what took us the longest time. But once that went through it was a pretty
fast process. For the area that I’m working right now,
within the last four or five months with these three deals that I’ve done, I’m averaging
anywhere between $3,000 to $4,000, between each property. Like I said, the first property was $2,500,
this next one was $4,000 and then this last one will be a little bit over $4,500. So I figure anywhere between $3,000 to $4,000. The first deal was $2,500 and I found a buyer
for it within a week. With the new Automarketer system that we went
to, and switching over to Zillow instead of scraping craigslist your leads are a little
bit more solid. They’re not as fluent and coming in in vast
majorities, but they’re more solid. You get more credible leads, people are a
little bit more serious about selling their homes and so I think I’m on, if everything
keeps going the way it is, I think I’ll be able to average at least one to two deals
a month. So, probably about twenty-four deals this
year. That’s what I’m thinking – this year. Create wealth for generations to come in my
family. Not be rich, but be wealthy. To secure the next couple generations behind
me, future from my children to my grandchildren. And my main goal is to get my mother a home
now. She’s getting a little older and she has
a two-level home and I want to put her in a ranch style home and I figure this is going
to be the best way I can do it. The last three deals that I’ve done has
been pretty good. I’ve taken half of the money and paid up
bills. I’ve been able to pay cash for a few things,
but I also was able to take half of that money and put up to pay for the mentor program and
come here because I felt like if I’m doing this, just following Joe’s videos and web
seminars that he does online for you to follow, there’s no telling what, how far I can go
if I get in here and do the things that he’s showing physically to us. And just listen to him and do what he wants
us to do, and follow it word for world. Not full time yet. I do it in my spare time that I’m off. I get on there, I make phone calls. One thing that Joe teaches you is you’ve
got to have a little thick skin. You’ve got to get used to people telling
you no. But don’t get discouraged. I can be living proof to that. I was able to do some deals by just being
diligent and keep going. So, that’s it. My goal is to acquire enough properties to
where I can quit working and just do this and let the passive income take care of everything. That’s my goal. I know most people come into this saying they
want to be a multi-millionaire and things like that. I figure if you do what you need to do the
money will come. But I just want security and freedom to go
and come when I get ready. It scrapes the Zillow, it scrapes the leads. And when you get a reply, I have it set up
where I can even receive the replies through my cellphone. The Automarketer will alert me and say you
have a new lead. I can click in it through my cellphone and
it explains to me what the person said, if they said no, or maybe, or yes, or please
contact me. But if they say no it’ll follow up with
them and it’ll keep text messaging them after so many times to either they say yes
or eventually they just say opt me out of the – unsubscribe me, please. Or, they say, please contact me. And then when that happens, you go from there
and it generates the leads, it has forms on it for you with contracts. It has questionnaires to try to help you navigate
through the things that you need to do to make you comfortable talking to your sellers
because if you’re like me, you get nervous when you get on the telephone with people. And it just kind of out a little bit. It’s worth it. I haven’t scaled that large yet. When that time comes I will. Right now it’s just me. And the deals that I’m doing, I’m in control
of those right now. But if it gets to the point where I’m doing
two to three deals a month, yes, I will. Take the first step. You have to jump. And don’t be afraid. And have some thick skin because it is pretty
brutal at the beginning, you know. People are harsh, but you’ve got to help
them. They’re upset because they don’t know
what to do. They don’t have any options, or they don’t
think they have any options and you’re there to try to help them out, try to relieve some
of the pain from them. Just, and do like Joe tells you, don’t be
so focused on making a lot of money. Focus on trying to help people first and the
money will come. Once you gain the trust of a seller, you never
know where it can take you. Like I said, the lady I dealt with out of
California who had property in Pensacola, after we did the first deal she just contacted
me again. And we did that deal and then she ended up
buying another property in Florida and asked me to do that deal. So, you treat people right, you never know
what kind of blessings will come behind it. And that’s it.

3 thoughts on “I Average At Least One To Two Deals A Month

  • Hey Joe, I talked to you about two years ago I'm still a truck driver trying to work my way out of this career I knew you were legit but this is even more motivation. Thank you I live in Connecticut and I'll definitely be contacting you soon

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