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Updated almost 18 years ago,
For Brad Needing Pep Talk
Hello Brad --
Here is an overview of what we did -- maybe it could be helpful to you when considering a plan...
My wife and I were really blessed with our first deal. We has no men tor, and just had to go on faith along with things we had learned from selling real estate.
Our first deal was a miracle! We purchased a 4 bedroom vacation home in the Great Smoky Mountains near Gatlinburg Tennessee.
On paper, we paid $634,000..well more than we could stand. But, we took a big risk, and much to our surprise, it was a dream deal.
During the one year we owned this house, we made $70,000 in overnight rental income against nearly no expenses.
One year and one week later, we SOLD this same home for $997,000!!!
-- That is how we started out, and many other people have repeated this idea, as we are also blessed to live in a resort area with 13 million tourists each year--making the income properties possible.
We have explained much about the process on our website.
Best wishes!
Bill & Sheila Easley