Some Trump University students have taken what they learned here to buy foreclosed homes at rock-bottom prices. Others have built large portfolios of commercial investment properties. Still others have become successful entrepreneurs.
Then there’s Kevin Andrews, a student from Arizona. Kevin stands out as one of our most remarkable students. Let me explain why.
After he finished our Real Estate Investment Training, Kevin started his own company, G2G Investments in Lake Havasu, Arizona. Like many new investors, Kevin wanted to buy properties at low prices. But as he watched the foreclosure crisis widen in Arizona, Kevin started to look for a way to help his fellow Arizonans get through the tough times too.
One of the first properties Kevin considered was owned by a man who was struggling. After getting broadsided by more than $13,000 in medical bills, this homeowner couldn’t make his monthly mortgage payments. He still owed $80,000 on his home, and he was about to lose it.
But when Kevin started to look at the numbers, something clicked.
“I knew I could sell the house for at least $30,000 more than the $80,000 he owed, and I wanted to do the right thing,” Kevin explains.
So Kevin offered the homeowner $95,000 for the house. The man accepted the offer. Then, after the sale was complete, Kevin put a “For Sale by Owner” sign in the front yard. The next day, Kevin sold the house for $115,000.
“Trump University taught me how to create a win-win situation by purchasing a home in foreclosure,” Kevin explains. The homeowner avoided foreclosure and came out of the deal with money to pay off his medical bills. And Kevin and his wife, after selling the home, made a good profit too. “My wife and I made $20,000 on our very first deal,” Kevin explains, “and we helped a struggling homeowner.”
Like other smart property investors, Kevin has rolled out his investing approach to make still more money. But Kevin has done something else too. He has used his skills to help three more homeowners avoid foreclosure.
“Every investment we’ve made had the homeowners’ interests in mind,” Kevin explains. “We want them to be able to get out of a foreclosure and walk away from the sale with some money to pay off bills.That way, they end up with more than if they let their home be foreclosed by the lender.”
We’re proud of Kevin. And I think that his story can teach us all something important about education. Knowledge equips you to become successful. But if you take what you learn and use it the right way, you empower yourself to make your mark on the world.
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5 Comments
Just saying that was a good article...very inspirational..."People helping people"...
I especially liked the last paragraph..."Knowledge equips you to become successful. But if you take what you learn and use it the right way, you empower yourself to make your mark on the world."
What a way to finish it!!! :o)
That makes us proud!
"Get in, get out and go home." A simple phrase from a T.V. Network show called the `REAL-ESTATE PROS..' We adapted to their caring and successful ways in real-estate deals. They care and it shows!
Kevin does a fantastic job and listens to a better way to make the deal happen and pays tribute to the owner. A common successful trait.
We know of the above referenced business...do you have a website or e-mail address?
Something for all of us to think about...
- Dr. Jim Anderson
<a href="http://www.BlueElephantConsulting.com" title="IT Soft Skill Consultants">Blue Elephant Consulting</a> - <a href="http://www.theaccidentalnegotiator.com/" title="The Accidental Negotiator Blog">The Accidental Negotiator Blog</a>
EVEN MORE HE HELPED HIS FELLOW ARIZONIANS. MAYBE THEY DO NOT TEACH THAT PER SE' AT TRUMP U; BUT IT IS AN EXAMPLE DONALD TRUMP TEACHES BY ACTION. IF YOU MAKE WHAT YOU WANT HAPPEN FOR SOMEBODY ELSE THE UNIVERSE WILL MAKE IT HAPPEN FOR YOU 10 FOLD.
Just wanted to introduce myself and congratulate you on a great job out there on the West Coast. Keep up the great work, I love reading new and exciting success stories. Way to go! I was just named this months Client of the Month for October. Pretty exciting stuff!
Michael LaMonica
www.lpmg-llc.com