Erik's incredible rags to riches true story, starting out on food stamps with only a bike for transportation, and then earning $500,000 in net profits in 2 years from creative real estate investing and flipping houses. His story will inspire anyone looking to become a successful real estate investor.
At the time Erik joined the Freedom Mentor Apprentice Program in 2020, in his own words, he was "dirt poor, on food stamps and had a very bleak future ahead of me." He was down on his luck and a friend (who had graduated from our Apprentice Program a few years prior) wanted to give Erik a hand up (rather than a hand out) by paying the upfront cost for him to join. Erik faced tremendous adversity in getting started. As Erik tells it, "I didn't have a car, just a motorized bicycle and so things were slow rolling, so to speak, in the beginning."
With the best real estate mentors in his corner, he was provided specific instructions on exactly how to find his first deal, even without a vehicle. He literally visited properties on his electric bike. Following our mentoring step by step, he put his first property under contract and then flipped it to another buyer without having to use any cash or credit. The net profit from that first deal was $19,088. He used some of the money to buy a used Toyota Yaris.
Fulfilling a Promise to a Friend
In addition to owning a car, that first deal gave Erik something even more valuable...confidence. Erik now knew that he could do far more than he had previously dreamed possible. He had a bright future. As Erik explains, "Once I had a car, everything picked up steam and in the next week, I signed 3 contracts with sellers in ONE DAY!" Erik was excellent at doing what we taught him, overcoming obstacles that got in his way and most importantly, following through on his promises. On his third deal closing, he asked our accounting department to send his entire $10,108 profit directly to his friend that had paid for him to join our Program. It was a marvelous display of fulfilling on a promise to pay a friend back.
Here's a video he recorded in early 2021, after he had closed several deals and was gaining momentum:
Reuniting with Family
Within a year of joining the program, he had, what he called a, "fat bank account," and it provided him with another answer to prayer. He had the money to move back home to where his family was located and as he puts it, "I got my son back in my life and my parents actually respect me now!" What a miracle it was for Erik to reunite with his family. He also made the transition to a different real estate market and picked up where he had left off, continuing to do deals and make enormous amounts of money.
Erik fell in love with a girl who he described as a, "beautiful and virtuous filipina". They married and while most newlyweds go on a 1 or maybe 2 week honeymoon, Erik celebrated in style with a full one month vacation to the Philippines. The ever industrious Erik managed to close a deal while on the trip too. "I sold a property while I was out of the country, which graduated me from the program and put over $37,000 in my bank account WHILE I WAS ON VACATION!," exclaimed Erik.
In 2 years, Erik officially graduated from the program having made more than $500,000 in net profits. Erik was extremely grateful and appreciative of what we did for him:
"And its all because of how God has used Phil and the Freedom Mentor program to completely transform my life. Freedom Mentor has been such a blessing to me, and now I am a successful real estate investor. I have gone from rags to riches. Thanks to Freedom Mentor, and thank you Jesus. My cup runneth over."
Create your own Rags to Riches story like Erik by applying to my Freedom Mentor Apprentice Program now.