All Forum Posts by: Joseph Druther

@Brian Garrett Thanks! The huge difference was rewarding for sure! 

Hey everyone. 

Thought I would share a cool story (at least to me :) since its the two year anniversary of closing on my first true flip. Hopefully you newer investors will be able to learn something and get inspired to take action. And hopefully you seasoned investors will learn something too. Don't forget the basics!!

So just a super quick backstory.

 My family's background is in construction, and since high school that's what I had been doing. Specifically plumbing and electrical. I have always had the dream of flipping houses, but it took us a few years of hard persistent work and sacrificing in order to realize the dream.

My wife and I got married in 2010 at 19 & 20 and we bought our first house a few months prior to the wedding. I will try to go through some of the archives to find a couple original pictures. We bought the house for $12,000. It was basically burnt to a crisp. Through some personal loans, small savings, some owner financing, and using my motorcycle as collateral through a local bank, we were able to purchase the house and start renovations..... Ok I'm getting side tracked. Another post for another day...

While working at a job that I really disliked, I was able to use my super long commute to crank out RE podcasts left and right. I had a bunch of down time at the plant and would read articles books about RE investing. Long story short, I had enough information to write my own book, but hadn't actually DONE ANYTHING!! I had been preparing the foundation financially and with my education, but it was time to jump!!

I can't remember which BP podcast it was, but basically the guy on there said action=results, and MASSIVE ACTION = MASSIVE RESULTS!!!   

I decided to take action and do what they said on podcast after podcast. I went driving for dollars on a Saturday with my wife and wrote down a bunch of addresses. And then we found "the one"! This house I had to crawl to the front door under the overgrown bushes to see the notices. We drove right past it at first because it was practically swallowed up! We decided to take massive action again and wrote 1 (one) letter! LOL

OK, OK.... enough back story. L.O.O.N.G. story short, we were (finally) able to get in touch with the owner who lived across the country, negotiate a deal that worked really well for her (Even though we offered her 8K less than other investors were offering for her house, we heard what her REAL needs were and met them), keep the house from getting bulldozed in 30 days (it was about to be condemned and bulldozed), and start our investing careers.

Here are the before pictures, I'll post the numbers at the end!

Oh and if you want to see the whole slideshow, you can find the slideshow here -->

 !!!---- H E R E -----!!!

P.S. Don't judge the finishes too hard. It was my first flip, we learned a lot since then! 

I think you get the idea. The house was in BAD shape...

We moved the deck, changed the floorpan, moved walls, new floors, bathrooms, kitchen, roof, painting, a bunch of grading work and exterior stuff, new landscaping, exterior trim work, and removed the family of dead raccoons!! Lots of stuff :)

But here are some of the after pictures

Here are the numbers..... 

Total Profit                   $73,288.84

After that I worked at my JOB for a couple more months. I finally got the gumption to take the "risk" and leave my "good paying job" (For reference, that flip made me about as much as my job did annually. And I barely had the time to do the flip since my job demanded sooooo much time away from home. Yeah, it should've been a no brainer for me lol.) 

Since then It has been a lot of work, but man I love what I'm doing. This year we are shooting for 12 flips and 12 wholesales!  A lot has change in the past two years!!

So what do you guys think? Are you guys taking massive action??

Have a great day!

Hi everyone!! This month's meetup is coming up! We will be meeting at our most recent completed flip on Monticello Drive in Pinehurst. Come and join us for pizza, beer, and good times getting to know the other investors in your local market! As always it's super casual, never any agenda, just getting to know each other! Hope to see you there!! 

Location: 715 Monticello Drive in Pinehurst, NC

Date: February 13th 

Time: 6:30 pm - 9:00 pm    

Do me a favor and respond to this thread if you can come so I know how much pizza to bring, but if not no worries, we will see you there! 

Keywords: Pinehurst, Southern Pines, Aberdeen, Pinebluff, Cameron, Sanford, Vass, Moore County, Seven Lakes, West End, Raeford, Carthage, Robbins, Eastwood, Sandhills, Apex, Raleigh, Fayetteville, Whispering Pines

@Brandon Purdeu @Rebeckah Payne

@Terry J. That is awesome, we would love to have you out! NO time like the present to start. You will meet some cool people.

@Jonathan Carter Man I know it can be a hard day for some people. @Adam Schneider has talked with me about the same thing!! I am going to talk with @Brandon Purdeu and see if we might could set something up in the off weeks occasionally. I have a house going on the market Thursday and maybe we can do a Saturday meetup during lunch hour over there or something. I really would love to see you guys there if you could make it though!!

Keywords: Pinehurst, Southern Pines, Aberdeen, Pinebluff, Cameron, Sanford, Vass, Moore County, Seven Lakes, West End, Raeford, Carthage, Robbins, Eastwood, Sandhills, Apex, Raleigh, Fayetteville, Whispering Pines

Hey guys!! 

It's a new year and an awesome time to get networking with some local investors here in Moore County! It's a totally laid back setting with no agenda except good food and building relationships. Meet up with the locals who are working in our market and build some profitable relationships! See you all there.

P.S. If you could let me know if you are coming that would be great so I can ballpark the amount to Hickory. But there is always room for more, so if you don't, just come on out anyway!!

Location: Hickory Tavern in Southern Pines

Date: January 9th, 2018. (2nd Tuesday of every month)

Time: 630-9ish

Keywords: Pinehurst, Southern Pines, Aberdeen, Pinebluff, Cameron, Sanford, Vass, Moore County, Seven Lakes, West End, Raeford, Carthage, Robbins, Eastwood, Sandhills, Apex, Raleigh, Fayetteville, Whispering Pines

Definitely will not. Maybe I can a screen shot of him trying to scam me and have him blocked on FB. 

He is contacting me now. 5%. I was interested, but it sounded too good to be true. 

Hey Everyone!!! 

Next week is Moore County's monthly meet up. December 12th (2nd Tuesday of the month... like always) at Hickory Tavern in Pinehurst from 6:30-9 ish. Come on out for a great time with some local investors. There is no agenda here, just a time to share experiences and stories and help each other grow our businesses! No fees, just buy your own food and drinks! Let me know if you think you might attend so we can let them know how many seats to set aside. If you don't let me know, THAT'S OK!! Just come on out anyways!! There is always room for one more. 

Keywords: Pinehurst, Southern Pines, Aberdeen, Pinebluff, Cameron, Sanford, Vass, Moore County, Seven Lakes, West End, Raeford, Carthage, Robbins, Eastwood, Sandhills, 

Awesome guys! @Jason Gooch and @Ty L.  hope to see both of you there!

For the rest of you lurkers, this is the last call ;-) see you all tonight

Keywords: Pinehurst, Southern Pines, Aberdeen, Pinebluff, Cameron, Sanford, Vass, Moore County, Seven Lakes, West End, Raeford, Carthage, Robbins, Eastwood, Sandhills, Apex, Raleigh, Fayetteville, Whispering Pines

Hey Guys!! This Tuesday, November 14th at 6:30-9 ish at the Hickory tavern in Southern Pines. That's the date and location, the only thing missing is you! Come on out and have a great time chilling with other investors. There is never an agenda.... unless enjoying great food and drinks with great friends and investors is an agenda. Then I guess that's our agenda :-)

Seriously though, come on out to enjoy great times getting to know the other Investors in your market. Learn from others, build relationships, and make money!

Let me know if you can make it in the thread, this way other people can see who is coming.

See you there!

Keywords: Pinehurst, Southern Pines, Aberdeen, Pinebluff, Cameron, Sanford, Vass, Moore County, Seven Lakes, West End, Raeford, Carthage, Robbins, Eastwood, Sandhills, Apex, Raleigh, Fayetteville, Whispering Pines