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Updated 5 months ago,

User Stats

152
Posts
60
Votes
Jeremy Beland
  • Real Estate Coach
  • Derry, NH
60
Votes |
152
Posts

The house that taught me a $40,000 lesson in 2019...

Jeremy Beland
  • Real Estate Coach
  • Derry, NH
Posted

It was a nightmare which only made me $4k.

After securing the deal, the buyer made my wife and I go through three-feet deep of snow to "winterize" the house so there wouldn't be any plumbing issues.

It was a 2 hour drive there, and a 2 hour drive back.

So much time and effort put into it for only $4k...

The person I sold it to made $40k weeks later doing nothing to the property but listing it on the MLS.

All because he had more leverage.

He knew I was in a tight situation financially and took advantage of me.

He turned me into a motivated seller.

As painful as this lesson was, it made me make major operational changes.

As well as it forced me to have a mindset change too.

A much needed one!

I no longer work from a place of scarcity.

I set myself up for success and work from a place of abundance.

I have built my cash buyer list to close to 5,000 buyers, invested into a coaching program for private lending, and developed multiple exit strategies to be ready for any situation that presents itself.

It let's me earn $40k per deal consistently today and occasionally hit some $90k+ homeruns.


Embrace your mistakes, learn from them, and adapt.

This is the only way to grow. 

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