Millionaire Mentoring Application

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David Hejl - Vandalia, IL

After attending a Quick Start Real Estate course in Little Rock, AR, I completed my first “pretty house” deal within 3 weeks with a net initial profit of $13,250. The final estimated profit is $21,419.

This was a lead sourced by Eagle VA who generated the property information sheet and then was called by the mentors at the event in Arkansas, who set up an appointment for me when I returned home.

Sandwich Lease/Purchase

  • Purchase price: $179,000 (actual $178,836) | Selling price: $199,000
  • Down payment to seller: $5,000 | Buyer’s down payment: $20,000
  • Monthly payment: $1,550 PITI | Monthly rent: $1,600 ($250 total+1st month’s rent $1190)
  • Term to seller: 9 months / buyer’s term: 5 months | Contract costs: $1,750
  • 5-month principal pay down $1565 total ($312/mo) | Term end profit = $8,169

Actual PP is mortgage balance $173,836 + $5,000. Initial profit = ($20,000 down - $5,000 down) - $1,000 closing facilitation fee at title company - $750 attorney fee for document review = $13,250.

During the term, I am paying down debt to mortgage co. directly; Tenant/Buyer is only paying rent. End of term profit = $179,000-(173836-1565)+(1190+250)=$8,169.

TOTAL: $199,000-178836 -1750 cc+1565 ppd+1440 cf=21,419
I started in real estate under the tutelage of my father, who has had rental properties in Texas for 40 years, after settling down in a small town near St. Louis. My father and I bought 15 rental properties mostly through a seller financing and some traditionally through a bank in my hometown.

We are now expanding only using the techniques taught through Ron LeGrand. THANK YOU!!

Sincerely yours,
David Hejl in Vandalia, Illinois

David Iniguez - Highland, CA

My name is David I’m 22 years old from ”So Cal” and I’m super excited to be doing my very first testimonial. I must’ve read at least a couple dozen of these before I joined Ron Legrand’s mentoring program and always thought of what I would say for my first testimonial. To be very honest I still can’t believe I’m finalizing my first deal.

Working with my mentors has truly been an honor and a blessing. I’m grateful that I’m able to learn from Ron LeGrand and two great mentors at such a young age. Andrew has been exceptional, he’s helped me with questions as early as six in the morning and as late as 9 PM at night even though he’s three hours ahead of my time.

I was able to close on a sandwich lease option that netted me $11k upfront and another $4,700 a month ($1,916 NET CASHFLOW). This deal was a townhouse that came from Ron’s VA’s it was a yes lead and the sellers were CPA’s who understood the benefits of collecting money later rather than now. It truly took a lot of work but was smooth since I had experts backing me and helping me with any roadblock! This deal will pay for my mentor fee and for marketing to bring me more deals.

God willing. Again, I cannot say how truly grateful and blessed I am to be able to have great mentors and to get started on this journey at such a young age. Thank you, Ron LeGrand, and Andrew and Aaron Schlag!

Thank you,
David Iniguez