I would like to thank everyone at PMI for their great support with my journey in real estate investing. I am very grateful for their guidance and great education that I have received.

Deal 1 - With the help from PMI, I learned to convert my property to a newly formed corporation and hire a property manager to handle the tasks with the home. I purchased at $98,000 and it now appraises at $150,000. I have enough equity in the home to delete private mortgage insurance and will cash flow $65 a month. PMI taught me to seriously organize my real estate investment business and manage the business with multiple tax advantages.

Deal 2 - I purchased some farmland on the edge of an extremely growing industrial city. I purchased 6 acres for $14,577 with no money down. The city is very happy to help rezone the land and we are dividing the lot into 4 new lots, which I will be able to sell at a minimum of $35,000 per lot, totaling $140,000 with a minimum net profit of $122,000. This is all no money down deal!

Deal 3 - I purchased a duplex from a very motivated seller. The tax assessed value was $136,600 but the seller agreed for a purchase price of $75,000. Total rent from the duplex is $1,275 and I pay my mortgage weekly instead of monthly to reduce the overall mortgage costs. After insurance and expenses, monthly cash flow is $550.

Deal 4 - I purchased a foreclosure property at $17,500 which is valued at $51,000. I was able to transfer my Roth IRA into a Self-Directed IRA to bypass tax penalties and purchase the property. I will lease out the same property possibly to the same people that foreclosed in the home at a reduced rate and expect cash flow of $350 a month with the exit strategy of selling in 12-24 months with a significant return.

Deal 5 - I have been going on many lovely ‘business trips’ lately. On my latest trip to Orlando I decided to take a look at a piece in the center of Disney. With the economy, I was able to negotiate a price with $8,500 equity at $22,000 with $2,000 down which I paid on my credit card. I was able to negotiate receiving 300,000 points which I will use for free rental cars, flights and hotels as the points renew every year.

My brain would never have thought this way had I not studied and learned about real estate through the great coaching at PMI.

Dawn L.