A Multimillion $$ Deal from 1 Mailer

Investor Spotlight

Issue #12

Featuring David Pere – Springfield, Missouri

 

1 Door Property Turns into 79 Doors of Cash Flow

 

From military to millionaire! David Pere started real estate investing in 2015. With Freedom Properties, his veteran-owned company, David loves revitalizing Southwest Missouri through buying rental properties. David’s family has called Springfield, Missouri home for over a century. 

His motivation: “I want to give people a simple and positive home selling experience so that they can sleep peacefully at night.”

Here’s how this Marine veteran netted 4 deals with 1 seller and 1 mailer…

The Story

The seller was looking to retire from being a landlord in the Southern Missouri area and move to Florida. He received one piece of mail from Freedom Properties on a single-family home. 

David ended up getting more than just that single-family home though! After numerous negotiations, the seller ended up selling 4 properties totaling 79 doors to David and his business.

The purchase price which totaled over $2 million included a 40-unit hotel, a 23-unit apartment, a 15-unit apartment, and that original single-family home.

After a year of cash flowing from the SFH, it is under contract for $70k. The two apartments are also turning great profits. And the hotel is heading into the busy season with 20 newly updated units and a new online presence ready to be tested out.

The Numbers

  • Purchase price (SFH): $50k
  • Resale Price (SFH): $70k
  • Net profit: $20k

The Marketing:

  • How many letter sent: 2700
  • The list: Absentee properties with equity
  • Mailing piece: The Deco Letters

 

Get Deals like David using the letter he used below!

 

Spread the Word. Share this post!

Share on facebook
Share on twitter
Share on linkedin
Share on tumblr
Share on email
5% Discount
10% Discount
15% Discount
Free Shipping!
5% Discount
10% Discount
15% Discount
Free Shipping!
5% Discount
10% Discount
15% Discount
Free Shipping!
Spin to Win!
Enter your email address and spin the wheel. This is your chance to win amazing discounts!
Our in-house rules:
  • One game per user
  • Cheaters will be disqualified.
Scroll to Top