Premium Only Content
$5K to $12M in Real Estate (Despite No High School Degree)
Join an active community of RE investors here: https://linktr.ee/gabepetersen
0:00 Introduction and Episode Overview
2:45 Growing Up in Poverty and Early Life Struggles
7:20 The 2008 Financial Crisis and Near Foreclosure
11:05 Military Service and Starting Over at 40 Years Old
14:45 Taking Control: Escaping Corporate America's Golden Handcuffs
18:30 Off-Market Real Estate Acquisition Strategies
22:10 Marketing Channels That Generate Consistent Deals
25:15 TV Commercials for Real Estate Investing
27:30 Essential Books and Education for Success
30:20 Lessons Learned: Weathering the Ups and Downs
FROM SIX FIGURES TO FORECLOSURE 📉
After clawing his way up to a six figure sales career by his early thirties, Jeremy thought he had finally made it in life. He had the house, the pool, the camper, and two young kids. Then the 2008 recession hit like a freight train and humbled him quickly. The house went underwater by one hundred fifty thousand dollars, employment opportunities dried up completely, and Jeremy found himself facing foreclosure and bankruptcy with no way out. The depression became so severe that he contemplated suicide as history seemed to repeat itself from his childhood.
THE TURNING POINT AT 40 🔄
Here's where Jeremy's story becomes a masterclass in resilience and reinvention. At age thirty three, he joined the Air Force to get network security training while his recruiter buddies nicknamed him Gramps because he was training alongside seventeen year olds. After serving and getting divorced, Jeremy found himself approaching forty years old, back in a six figure sales job, but feeling vulnerable and trapped in the golden handcuffs of corporate America. That's when he made the boldest move of his life by selling his townhouse for seventeen thousand dollars in equity, moving himself and his kids into a cramped two bedroom apartment, and investing five thousand dollars into a wholesaling coaching program with Tom Kroll.
NINE YEARS TO TWELVE MILLION DOLLARS 💰
The results speak for themselves and show what's possible when you commit fully to mastering off market acquisitions. Jeremy closed his first five thousand dollar wholesale deal in March 2017 and never looked back. Fast forward nine years and he's approaching five hundred off market property acquisitions with twelve million dollars in total profits generated. His business evolved from pure wholesaling to becoming what he calls an off market specialist, using strategies including traditional wholesaling, buy and hold rentals, BRRRR method deals, novations, and creative financing when appropriate.
MARKETING STRATEGIES THAT DRIVE CONSISTENT DEALS 📱
Jeremy breaks down the exact marketing channels that have generated the most consistent results across three different successful markets including Southern Florida, Western New York Buffalo Rochester area, and New England. His top three performing channels have been SEO for long term organic traffic, PPC for scalable immediate results, and direct mail for building a database of motivated sellers over time. He also shares fascinating insights about TV commercials which cost twenty five to thirty thousand dollars to test properly but have generated incredible returns due to his authentic personal branding approach.
Want to learn more about our guest? Connect here: https://linktr.ee/jeremybeland
Want to learn more about the REI Club Podcast, how to invest with Gabe at Kaizen, or join our community of active real estate investors on Skool? Visit the podcast website at https://www.therealestateinvestingclub.com or click here: https://linktr.ee/gabepetersen
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