These are some real estate investing deals and some actual Partners and some numbers behind the Real Estate Investing Funding we have currently going on with our partners across the United States. These are not all the deals but this is a good sampling of how we look at things from a real estate perspective. To learn how you could partner with me and do some real estate follow the link https://apply.partnerdriven.com/48h-partner-pass-site
Speaker 1 (00:01):
Hey, what’d he say, what’d he say guys, Peter here. So I’m going to do something that I really need to be doing more of. I do a lot of these, uh, what I’m about to share with you guys. I do a lot of these, uh, on my stories and try to keep you up on a daily basis. Literally sometimes hourly basis of what’s taking place here at partner-driven kind of the deal flow, some of the magic things that take place. But I think once a week now I’m going to actually do a live chat, live zoom call that this is not zoom, a live IgG. And during this live, I G I want to discuss the actual deals we’re working on, you know, because people asked all the time, well, Pete chose an example. What kind of deals are you doing with your partners? You know, what did it, how are you analyzing these deals?
Speaker 1 (00:45):
You know, what’s working, what’s not working. So I want to take a minute here. And I literally want to go through with you guys. The deals that we currently are working on here with our partners, you know, we do have an unusual model, you know, is a real estate investor. Most people time, most times when people think real estate investing, it’s kind of like, Hey, I’m an investor and I’m going to go out there and do real estate deals. Right? Well, it’s very different with me, with me. I’m a partner driven real estate investor. What I mean to say is this a hundred percent of all the deals that I am currently doing are now with partners across the United States. That’s right. I don’t have any deals that I’m currently doing by myself. All of my deals are result of partners that we are currently working with, that we have started here.
Speaker 1 (01:30):
And, and so the goal here, the goal here is very simple. We want to support our partners. We want to help our partners do deals. You know, we coach him, we level them up through lead gen. We provide them back office. I provide them all the capital to close on these deals. And then we just do a profit split. You know, the partner keeps half and we keep half. So everything here at partner-driven really revolves around our partners. So what I thought would be cool to do today is I want to share with you some of the deals. This is not all the deals, uh, but this is some of the deals that we currently have going on. I want to share with you the numbers, maybe give a little bit of a backstory on the partner, involved in a deal share with, uh, the spreads we’re we’re we’re achieving. And just to give you kind of a behind the scenes bird’s-eye view of what is partner-driven real estate investing and why we are constantly constantly on the hunt for the next partner. The next partner that wants to level up in life wants to do more deals and all this. Hi. So
Speaker 2 (02:27):
This is kind of my makeshift set up. I hope you guys can see
Speaker 1 (02:30):
It. So I’ve taken some notes. Actually. We just got done talking to the staff here about all the deals. Again, we talked about all the deals. I’m not going to share with you all the deals I’ll take too long, but I’m going to share with you some of the deals that we have going on. So first let me share with you a deal we have going on with one of our amazing partners, Seth. So the backstory and Seth is this Seth and I have been partnering on deals for gosh, about three, three and a half years. Now, when I met Seth, Seth really didn’t have too much of a bit. Well, he had a little bit, he actually was a realtor, but he had no investing background. And the story that kind of the legend on Seth is a very simple when Seth and I started, he was three months away from getting married.
Speaker 1 (03:09):
He put all his money into the partnership program and he basically, you know, it was like an ultimatum. He’s like Pete, I got, I got three months where I got to not only make this back, I got to make money so I can get married in three months. And here we are three, three and a half years later, we’ve not only, you know, he’s not only gotten married. He’s had two kids since then, you know, literally Seth on a daily, on a monthly basis, he spends about one week with his wife out there traveling. Um, but he’s really, really become an incredible success story. And, you know, I consider Seth a personal friend, loved the guy to pieces. So let’s talk about this deal. So here we’ve got a deal going on on Florida avenue. We bought it, we bought it for
Speaker 2 (03:54):
95,000. Okay. We’re spending 10,000. Okay.
Speaker 1 (04:01):
So we’re going to be into it for 105,000. And the sales
Speaker 2 (04:06):
Price on it is 160,000 for hundred 2, 4, 1 0 5, 1 60.
Speaker 1 (04:13):
So
Speaker 2 (04:14):
Profit on this one, we’re making is $55,000.
Speaker 1 (04:18):
Okay. $55,000 in that deal. Now the cool thing is with Seth, he’s also happens to be real estate agent. You know, sometimes people say, well, I’m a real trick. Can I be a partner? Yeah. There’s also an ability to sell these properties in the backend. As you know, if you become a partner of ours, you not only have the ability to profit 50% of the profit margin, but you also have the ability to sell them on the backend and make a commission that way as an, as the other benefit of being an agent is that, um, guess what happens when you go to a potential seller, try to make an investment deal out of it, and guess what happens if the investment deal doesn’t work well, you’re just gonna flip it into listing. So the advantage of being one of my partners across the United States and actually being licensed, which you don’t have to beat, but being licensed as the, you have the ability to, uh, um, you have the ability to, uh, no, these are right 95 plus 10, 1 0 5, 1 60 to sell in 55 profit that’s that’s these are the right numbers. Somebody said, they’re inverted, but they’re not, oh, probably on this. Sorry about that. Um, so you don’t have to be licensed to be a partner, but if you happen to be licensed, you are going to have an advantage.
Speaker 2 (05:28):
All right, let’s talk about the next thing I feel a need to for future reference. I know I need to come up with a bigger board.
Speaker 1 (05:35):
Um, so we got another deal going on with Seth.
Speaker 2 (05:38):
This, this one, this one, we bought it for 200, 10,000. Yeah. Dollars. We’re spending $75,000. Okay. So two, 10 foot to seven first. So we’re into it for 185,000 total. And we’re
Speaker 1 (05:57):
It. Check this out. We’re selling it for,
Speaker 2 (06:00):
It’s already under contract closing within the next
Speaker 1 (06:03):
30 days for 330,000. So that’s a, what is it? 35. So it’s about $135,000 on this deal that Seth and I will be splitting. Okay. Um, you don’t have to finance these deals. If we’re partnering, I’m putting all the money, I’m putting all the capital up. You don’t have to put your credit up. You don’t have to put them in a dollar up. That’s the beautiful thing of, of partnering with me. Uh, I, so that’s $140,000
Speaker 2 (06:30):
We’re making with Seth on this particular deal. Okay.
Speaker 1 (06:35):
We got another deal that we’re doing with Seth. Now, check this out. We’re we
Speaker 2 (06:40):
Already bought it all. All of these are existing. So we already bought it for 135. We’re putting 40 into it. So we’re into it for 175,000 all in,
Speaker 1 (06:51):
And, and we’re selling
Speaker 2 (06:53):
It for 270,000.
Speaker 1 (06:55):
That’s about a hundred thousand dollars spread in that deal. Now, um, you will see that there’s some incidentals, you know, these are kind of raw numbers. There’s some incidentals that come with these deals. You know, sometimes their rehab goes a little bit higher or some times, you know, there’s some carrying costs. The good thing is that with, with, on the partner model, I’m picking all that up. Okay. I’m literally picking all that
Speaker 2 (07:17):
Up, picking up all those costs, uh, by the way, guys, I’m not only sharing these.
Speaker 1 (07:22):
And again, these are kind of random deals. I’m not only sharing these with you, but I’m also doing this because I’m looking for more partners. If you want to partner with me on deals, just DME, the word partner, DME, the word partner. All right. So with set, okay. Let’s talk about, you know, we’ve got a bunch more set. Let’s talk about Patricia’s deal. Okay. Patricia’s deal. We just sold one where we made about $35,000. As soon as we sold that one, we went into another deal.
Speaker 2 (07:48):
We bought it for $400,000, right. We’re in a process right now of putting 75,000 into it. So we’re going to be into it all in at $475,000.
Speaker 1 (08:02):
Okay. And we’re going to be selling it
Speaker 2 (08:05):
For $650,000. So that’s just a little bit shy of a $200,000
Speaker 1 (08:13):
Profit. The cool story, and Patricia, okay. The cool story on Patricia. She’s been a partner of ours for, um, in this program for about 90 days. Now she had just come. She was just coming into retirement when she joined us, right. She had worked in a law enforcement field. Um, and it’s just an incredible, incredible success story. Everybody here loves Patricia. Everybody loves Patricia. I’m going to skip the rest of these. I got a whole thing in, but I don’t want to, I don’t want to take forever and ever. So let’s talk about Terrence Bryant. Okay.
Speaker 2 (08:48):
Let’s talk about Terrence. Brian’s deal. Now Terrence has, let’s see,
Speaker 1 (08:53):
What do I have the cool thing about Terrence and I w the other thing I want to share with you is not just the numbers, but I want to share with you what makes these people successful? Okay. So over and I literally, I just, I asked my team before we got started to, you know, uh, I want to talk about some of our partners share with me, like, what you feel is making them successful across the board. Everybody says, Terrence, just a great student. I’m telling you, like, there’s, there’s a couple of things. This is the way I look at school. A good school is a waste of time and a waste of money. But I look at, I look at being a student of the right thing, absolutely critical. So just school for schooling’s sake, I’m not a big believer in, but when you find something that you want to be successful at, when you find your true passion, when you find your vehicle, that’s going to get you to those next levels, right? When you find that vehicle, that’s going to take you to the next levels, then you absolutely have to become a student. You have to, uh, you have to become a student of the industry and that’s across the board. That’s what everybody said. Um, um, about, uh, Terrance, she’s just an incredible, incredible student. So it looks like we’re two weeks away from selling this one.
Speaker 2 (10:08):
Well, we got this one for $35,000.
Speaker 1 (10:13):
Um, and, uh,
Speaker 2 (10:14):
Oh, we sold it as this for $60,000. So that’s a, that’s a $25,000
Speaker 1 (10:20):
Profit on that. So the lesson to be learned from Terrence, you gotta be a good student. Okay. You don’t have to be a good student of everything in life, but when you find that vehicle, that’s going to drive you to where you want to get to you better be an incredible student. Um, so what are the partners bring to the party? Hey, what’s up Carl? How you doing, buddy? Uh, what are the partners bring to the table? Um, effort, effort. They’re the boots on the ground. In essence, you know, in a partnership, everybody brings something to the table. Um, the, the, the drive to want a better life, couldn’t have set a better myself. You know, we’re looking for people that want to level up and they want to use this as a vehicle. I understand real estate is not a vehicle that everybody uses in, in, in all over the place. But I will tell you, if you decide real estate is a vehicle that you want to use to become successful. That’s what I’m looking for. We’re looking for people that want to level up. They got a drive for a better life. Like Carl said, um, people that are willing to put the time and effort and go battle out there and make things happen. All right, let’s talk about the next deal. Uh, this
Speaker 2 (11:21):
Is Tracy’s deal. Uh, Tracy Miller and we got, we’re getting this, got it for 25. Um, we got 40 in terms of rehab. So we’re all in into this for about 65, actually not 60, but 65
Speaker 1 (11:42):
Into it for about 65. And
Speaker 2 (11:45):
It’s 150,000 to sell. So that’s about a 85.
Speaker 1 (11:53):
Nope. It’s not. Yeah, no. It’s about 80, 85, a thousand dollars profit on this one. I’ll tell you a great story that, that, that the team told me about Tracy Miller. What, what would God Tracy going is sometimes ago? Um, we did, um, uh, a challenge here where every day I checked every day, I challenged my partners to level up, basically do something, do something real estate related. And the whole point of that challenge is very simple. Momentum and momentum creates incredible things in life. I don’t care what you do if you don’t have momentum, you’re not going to go very far with it. If you have momentum, you have an incredible, incredible shot of accomplishing. What you want to accomplish momentum in of itself is an incredible, incredible pillar to success. And so what everybody’s shared with me today about Tracy is that that’s when Tracy made the decision and, you know, for 30 days activity on a daily basis, picked up incredible momentum. And as a result of all that back then we’re seeing the results to this day. Here’s an interesting deal. This one’s with, uh, my partner Carlo.
Speaker 2 (13:03):
And I’ll tell you why this is so interesting. 3 21. Yeah.
Speaker 1 (13:06):
We’re not even touching it. We’re wholesaling it. Okay. We’re wholesaling deal
Speaker 2 (13:10):
For 340,000 wholesaling means we don’t
Speaker 1 (13:13):
Even take title or take title for just a minute. Um, and, uh, um, I’m only taking time, uh, um, um, we’re only taking title maybe for a, uh, a minute or an hour and then flipping it back over to someone else. And then, then here’s the cool thing about it. Carlos doesn’t even live in the United States. Okay. When Carla got started with us, he knew it was gonna be a little bit of a disadvantage. He actually lived in a Fort. He lives in a foreign country lives in Guam. Okay. So w he understood that because part of the requirement for our partners that don’t live here is that they, um, they have to have some boots on the ground. So he’s established some boots on the ground in Vegas, uh, Las Vegas, which I think is, uh, a great, great, great, um, uh, market to be in. He executed what we told them, cause we’re just teaching through zoom. So anybody can have that. And we’re wholesaling a property there with about just a tad under $20,000 of profit. Um, odd Vonda. Vonda is an incredible, incredible partner. She’s ex again, here’s the thing, you know, you’re going to have a theme with these partners. You know, they’re very active. They’re totally plugged in, uh Vonda’s as is it everything, uh, bond is no nonsense. This is all the things, uh, that my team has told me about
Speaker 2 (14:37):
Vonda. So here here’s the numbers on bond is here’s the numbers on bond, his deal. Okay.
Speaker 1 (14:44):
By the way, if you want to partner with me, I’m always looking for more partners to do deals with just DME, the word partner. Okay. Um, here’s numbers on Vonda’s deal. And I’ll tell you that kind of the
Speaker 2 (14:54):
Unusual thing, it’s 65 and we’re turning right around for 99. Again, we’re
Speaker 1 (15:01):
Going over all our active deals. So that’s a $34,000 profit margin, but the cool thing, no, th th the issue with this one kind of this, what we’re navigating for is there’s a tenant in there. Okay. And we’re doing, what’s known as cash for keys. We’re actually paying, paying the tenant to leave. Right. I mean, that’s done in real estate. You know, if a tenant gets in a way of getting a deal done, um, most people, if you just show up with cash and that’s what we’re doing on this one, uh, uh, what I’m being told is we’re still negotiating. We’re still negotiating on. Mmm, Mmm, Mmm, Mmm. Okay. We’re still negotiating how much capital it’s going to take to get the tenant out. And, um, uh, and we’re gonna do cash on keys. So am I using private capital to finance? Yeah, sometimes I’m using my own capital.
Speaker 1 (15:51):
Sometimes I’m using private and I do use a lot of, a lot of institutional. Okay. I also use a little, quite a bit of institutional capital, uh, to get these deals done. Ah, uh, Mr. Ed Lindsey, uh, I could tell you just stories and stories about ed. I’ll tell you the cool, the, the, the best way I could describe ed. He got started with us. He got laid off. He needed to put a deal together. And I think literally within the first couple of months of putting the deal together, he and I were splitting, uh, we have another deal going on right now, but he and I were splitting, I believe $38,000. Um, Russell Barcelona, one of my amazing partners, uh, he’s been a builder he’s 51 years old, been a builder. We’re flipping a deal. Okay. We’re a literally wholesaling deal that we picked up for 2 45.
Speaker 1 (16:41):
We’re putting zero money into it for $300,000. Okay. Marina, rad boy, what can I say? I could tell you to sit here and give you a whole seminar about marina rad. Uh, just an incredible young lady. Um, just, you know, when you talk about somebody who’s all in that’s marina rad, right. And marina rad, literally is all in. She actually quit her job to go full-time in his business. Not something I would necessarily just recommend anybody do, but marina felt it was the right thing for her. And right now we got a deal that we got for a what’s the numbers on at 65, we just got a contract on it for a hundred thousand. So that’s $35,000 as a Friday. It was a 10 day closing. So now we’re into Monday. So it’s about a, um, uh, guess next week we should be closing on his deal.
Speaker 1 (17:31):
Marina. I’m just telling you, this is if you’re going to emulate anyone and emulate someone like a marina, you know, always a smile on her face, always the right attitude. Uh, always looking to learn something else, looking to get to those next levels and stuff like that. Uh, let’s see. There’s so many here. I don’t wanna, uh, Shannon, Shannon, we’ve already done a couple of deals with, um, we got one for 90, uh, 5,000 that we’re putting. We decided we were going to put some money into it, but we decided not to put any money into it. So we’re wholesaling that a wholesaler for $125,000, that’s $30,000 spread again, the same thing, you know, what do you hear? Um, you know, what do you hear about successful people? Same thing she’s plugged in. She’s got the right attitude. Oh, it has a smile on her face, overcomes challenges, you know, on and on and on.
Speaker 1 (18:21):
Um, here’s the deal. We got another one from Shannon. Uh, we got another one from Patricia. Here’s another one from Patricia. Uh, we got it for $80,000, but before we can close on it, we realized it needs to go through probate. So that one is going through a probate. I’m going to skip the rest of these, uh, correct Fenton. We got two deals going on 74, uh, to buy 150 to sell and 34 and one 50, which are great spreads. But both of these, both of these were chasing down, uh, some proof of ownerships. Um, so anyway, these are just some highlights. Uh, I don’t have time to go through them. All bottom line is this is what we do here at partner-driven. We do deals and we do deals with people all over the country. Um, and, and I’m looking for more partners. You know, I used to chase deals every day.
Speaker 1 (19:10):
I’d be in the office trying to figure out, okay, how do we, how do we get to the next level of do more deals, you know, making more money. And, and literally, I can honestly tell you, I don’t chase deals anymore. I chase partners. I chase partners all over the United States. I chase partners. I chase the right people, uh, chase people that want to level up. I chase people that, um, uh, I chase people that want to get to the next levels in life. Um, I chase people that really, really want to make a difference from where they are now to where they want to be. Uh, what I do for them is we coach them. We give them daily instructions. I provide, uh, we help generate leads for them. Um, I provide the capital for these deals. And then when we sell them, we split the profits down the middle 50 50, we keep half, they keep half.
Speaker 1 (19:53):
So if that’s not, you want to be a part of, I’d love the opportunity to personally chat with you, to see if we’re a good fit for each other. Remember you gotta be from the states, you gotta be willing to be coached. You gotta want to level up and you gotta want to do it in real estate investing business. But if you fit that mold, uh, just DME, the word partner, but guys, listen, I appreciate it. Uh, I enjoyed it. Thanks. Uh, uh, thanks for being here. Yeah. DME, the word partner, if you want to join, and then we will, uh, we’ll uh, you and I will chat and see a good fit. Uh, guys, thanks. Have an amazing day. Appreciate it.
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