I began working with PMI and have had great success with my real estate business. I went through the training material and found it invaluable. It covers pretty much every facet of Real Estate, and if I had any questions, I simply called the advisors. The Advisory Line is unbelievable! They are very knowledgeable and it is evident that they have actually done deals successfully.

On my first house I purchased, I decided to try a rent to own arrangement. I worked with the Advisory Line continually to make sure I had everything prepared properly. I also got excellent coaching on how to overcome objections with the buyers. Here’s how the numbers worked out for the deals I did:

Deal 1 - Purchased home for $67,000 (was listed at $85,000). I used the training to send out 10 offers a week at 70% of the asking price. It took about 2 months to get an acceptable counteroffer. Monthly payments including taxes and insurance are $717.

Deal 2 - I signed a lease option contract ($2,000 for option) with the buyers to buy the house at the end of 2 years for $87,000. Projected profit is $20,000. We set the monthly payments at $800 per month. Not great cash flow at $83 per month, but they are responsible for maintenance.

$1,992 Cash Flow
$20,000 over what I purchased the home for.
$21,992 Total Profit

Deal 3 - I purchased another house for $58,500, used the knowledge of the advisors to reduce this price from $77,000. I received an acceptable counter offer.

Deal 4 - I am currently renting it for $750 per month, while payments are $595 per month. Cash flow per month is $155. I have also discussed a lease option with him and he is working on repairing his credit and will sign a lease option in 6 months.

Deal 5 - I had a duplex that was doing ok, but I wanted to raise rents and increase the cash flow. I used the Advisory Line to evict a renter that was very slow to pay, and then used the training on rehab to do cosmetic work that was mostly labor. I was able to increase the rents because of the rehab and I am now cash flowing $192 per month. Total cash flow is $2,304. Not bad for a day’s work.

Deal 6 - I had a single family house that was cash flowing only $30 per month. The renters were terrible. They were very slow to pay. I used the Advisory Line to determine how to legally evict the tenants and then I set it up as a rent to own. It now cash flows $133 per month, or $1,596 per year.

$140,000 sale price of house
$110,000 amount I owe on house
$3,600 cash flow
$33,600 Total Profit

I have had a GREAT experience with the advisors and the on-line training. It truly has taken my business to the next level.