Ron Rabenstein – Muncie, Indiana
I believe the best way to learn the business of real estate investing is to hear how others have done it.
When these interviews were recorded, I asked Tom, the interviewer, to ask questions that would help the viewer see how these folks got started.
I wanted to hear the struggles, the successes and a clear path and explanation of what they had to do to make these deals happen.
I did NOT want them to be a bunch of people telling you how wonderful Joe Crump was. I wanted content, examples and real life experiences.
I hope we succeeded.
My 6 month mentor program:
A few Case Study Video Interviews with my Students:
$15,000 He’s Waiting To Close On In The Next Month
Stephenie: I work at a school. My full time job’s at a school and so I have my summers off, and then I work part time for Delta Airlines. Since my husband started real estate, like four years ago, I knew he had this passion, but as a wife, bystander, in my back of my mind I’m like, eh, it’s just one of those things, you know, those little things you find online, or those things you see on TV, get rich quick schemes. I’ll keep my mouth shut. And in my head I’m freaking out, but I’m like, I’ll just be that supportive wife, and over time. And especially with Joe Crump and in just a little bit of time I’ve learned about Joe Crump today. I’m so supportive of Eric to see not only is this working in a business, but he’s become a completely different person. He has a better attitude. He’s more positive. He’s around the family more and yet even though he seems to be on the phone or working often, when he is there he’s so much more “there.” Because he doesn’t have this, he’s not distracted with other things. He’s just a happier person to be around and that, as a wife, makes me so happy and so proud because he’s doing something he finally has found love in. So, even though every month is kind of a little up and down and there’s risk and you don’t know, I’m happier knowing that even though there’s risk, and even if a month might be hard, he’s so supportive and so happy I’d rather be poor and happy than rich, you know, and, but we’re not there because every month it is better. Because of his attitude he seems to just keep growing and making more money.
Stephenie: Because I have my summers off, I want to be able to help him however I can help him. I just don’t know how to help him. Last year I helped him a little bit and make some phone calls off of Craigslist or post Craigslist ads, and he just showed me it step by step. But if I ever had a problem I was like, yeah, my boss will call you. So, I guess after learning today, because today’s the first and only little bit, two hours of what I heard in there, I guess I would be kind of a step one person in that telemarketing step he had..
Stephenie: Honestly, Eric is a goal setter and that’s one of the things I love about him. He’s always putting goals on paper and I’m a strong believer in that as well. Not that I do it, but he does it. And he always has these big goals that he’s trying to attain and when I see things not being hit, because he has these big goals he’s like half-way there. And I’m like, even half-way to that goal is way better than we were before it. So in five years, financially, I know we’re going to be sitting very, well, but I’m not really concerned about the financial picture. I just know in five years looking at our family where our family’s going to be. Because, yes, it’ll be nice to be debt free and I totally believe we will be, and we have quite a bit of debt from so many other things we’ve tried, programs we’ve invested in, traveling, because we like to travel, and things like that.
Stephenie: I can actually see that debt being gone within the next year, year and a half easily. Just from what I’ve seen. For example, next month, this month was a tough month because things got pushed out. But next month’s that’s $15,000 he’s waiting to close on in the next month. And I’m, like, that’s huge. You know, that’s huge. That’s way more than we would have, you know, that I would have expected. So yeah, I just see our family going in some really great places.
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