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Ever have one of those annoyingly defining moments in business where you have the opportunity to make a little money and keep your integrity or make a LOT of money and lose it?
Life is testing you right in those moments. And whether you pass or fail will ultimately determine how long you stay in business, how much money you make in the long term, and whether you have any peace and joy in the process.
Sucks. I know. It's soooooo tempting to grab the money now and act like no one is watching (Someone always is).
Last month we closed on a total piece of crap house in the hood. Paid cash for it. And we did it because we had a buyer lined up. But alas ... Mr. Buyer bailed. I hate when they do that. Actually no, I'm trying not to use the word "hate." Bad kharma and what not. I am strongly disinclined to immediately appreciating the value of the learning lessons derived from such experiences.
So Mr. Bastard, I mean Buyer, bailed and we were stuck with a total dud of a deal that no wholesaler in his right mind would ever really want, when along comes Mr. Bailout Buyer!
Mr. Bailout Buyer: "I'll take the property on 10th."
Us: "how much"
Bailout: $17. I have a bunch of outrageous conditions to attach though. And I can't close for a year.
We really wanted to get rid of this property. So we verbally agreed to the deal over the phone.
Note the words "verbally agreed." As in, "told him the deal was his." And of course it was for more than $17 and closing in less than a year. Look if you want these things to be boring I'll be happy to oblige. You get my point. The deal sucked for us. I think we lost money.
But Someone was watching all this. And this Someone decided it would be really fun to immediately send in ANOTHER buyer with a better offer, just to see what we'd do. "He moves in mysterious ways" may be the understatement of human history. "He moves is MASOCHISTIC ways" seems closer to reality.
And that's exactly what happened.
Us: "what" (that's how our new receptionist answers the phone by the way. She's ... interesting.)
Tester Of My integrity: "I'll take the house on 10th."
Us: "How much" (we let our rude receptionist negotiate our deals in case you're wondering)
Tester: "A million dollars. No contingencies. I can wire you the money right now if you like. I trust you."
Us: "I mean ... wait a minute ... ahhhhh damn. You've gotta be kidding me. Let me ask Preston and see if I can get something besides his standard answer for everything out of him."
Us: - sigh -
Me: "Just kidding. What do you want."
Us: "We have a better offer for 10th than the one I just told you about a minute ago."
Me: "So what? We already promised it to someone else for $17."
Us: "I know, but this new dude is offering to wire us a million dollars. And we never contracted with the first buyer. We merely 'told' him he could have it."
Me: "I was praying. Can't do it. Sorry. Stick with the first dude. God (a.k.a. "The Universe" as some fools like to refer to Him) will repay us in the long run times a thousand."
And that's what we did. No lie. We're closing with Mr. Bailout Buyer tomorrow as a matter of fact.
We could have made more. But that would have required us to break our word to someone. And we don't do that.
And neither should you.
Listen to me carefully ... you ever heard the saying "if a man ain't got his word he aint got nothin?" It's true. If your word means nothing, YOU mean nothing. You barely exist. You're just a big ball of nothingness floating around confusing the world at large and making the earth a more miserable place to be on. Your very identity is a vague concept.
You don't want to do that, do you? Don't be a big ball of nothingness. That is not how you want to go down on the record books. And it's not how you want to run your real estate business.
If nothing else, operating with no integrity is just plain ol bad business. Word gets out about you. You're a conniver. A sleeze. Out for a quick buck. Low down. Dirty.
Trust me on this; Write it down, tattoo it on your arm, I don't give a frick ... sacrifice in the short term in the name of integrity ALWAYS, and I mean ALWAYS, means a payoff equal to but normally much greater than the original loss.
It was interesting to see the reaction from buyer #2 when we told him we would LOVE to take his offer, but had verbally committed it to someone else who sucked and we were ethically obligated even though we had no contract with him.
"Shock with a measure of respect" about sums up his reaction. He is now following us daily looking for more deals of ours to buy.
We naturally let the first buyer know what we had done. This further cemented our relationship with him as well.
It's ALL about relationships, in case you didn't know that. REO agents give exclusive leads to certain favored investors because of ... CORRUPTION. But they ALSO do it because of RELATIONSHIPS ... within the framework of that corruption.
You get my point.
When it comes down to it, do the right thing, whether it makes you more money, less money or no money. There's more at stake than money.
And take care of people and you will stick around flipping houses for more than a year.
Is there a topic you'd like to learn more about? Request a Lesson
is a real estate investor, serial entrepreneur, life coach, musician and philanthropist. CEO of Real Freedom, Inc, one of the most influential internet-based information publishers in the world, owns the largest Anytime Fitness Gym in the United States, is recording a music album with Atlantic Records, sits on the board of Advocates Of Love Orphanage, and has a non-profit charity assisting the poor and oppressed in Cuba with both their physical and spiritual needs.
With over 200,000 subscribers to his email newsletter, he is rapidly fulfilling his mission on earth, which is to glorify God by setting people physically, mentally, financially, and spiritually free through his music and his message of FREEDOM. Preston is 37 years old, lives in Tampa, FL with his wife Ashley, where he spends most of his time reading, writing, and practicing mixed martial arts.
Module: Inner Game
Expert: Preston Ely
At RealEstateMogul.com, we’re committed to delivering the awesomest, most practical, actionable content to our members … and that a big part of that is getting YOU to tell us what you'd like to learn from us. Since our REI resources are basically endless, we’d love to tailor our upcoming training as much as possible to precisely match what you, our members, really need and want out of us.
Real Estate Mogul LLC
5023 W. 120th Ave, #102
Broomfield, CO 80020
This document describes Real Freedom Inc's Purchase Agreement. When you
complete a purchase from Real Freedom Inc, you agree to the terms of the
Purchase Agreement. Please read this document carefully.
This agreement is a contract. Under the terms of the contract, you receive
certain rights due to you from Real Freedom Inc, and you, in turn, give us
certain rights that affect you. This contract also contains provisions that
delineate and restrict your rights about refunds and warranties and that limit
Real Freedom Inc's liability.
Real Freedom Inc reserves the right to not conduct business with you if you do
not agree to the terms set forth in the Purchase Agreement.
Your agreement with the contents of this Purchase agreement is a material part
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Parties to this Purchase Agreement and Disclaimer
The parties to this agreement are RealEstateMogul.com and Real Freedom, Inc,
hereafter "SELLER," and you, the prospective purchaser, hereafter "BUYER".
Persons or entities who are not participants in this contract but who have an
indirect relationship, such as a supplier, joint venture partner, membership
organization, or sales affiliate, are herein described as "THIRD PARTY OR
THIRD PARTIES." The recipient of the product herein sold, where said product
is ordered by and paid for by someone other than the recipient, is classified
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Subject Matter of this Purchase Agreement
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described in Seller's promotional or sales materials of Seller and/or in an
email referencing this website, and said website and/or email and its contents
are incorporated herein by reference and made a part hereof and constitute a
complete description of the product, service or membership that is the subject
matter of this Purchase Agreement. This bundle of offerings, including
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elements offered in the sale, whether digital, dimensional, or other license
or right, and include all sales or promotional materials.
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or annually recurring fee. Please see the payment terms on this order page.
Purchasers will be called and offered additional trainings. By purchasing you
are agreeing to these call offerings.
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If within thirty days, Buyer is not satisfied with the quality of Seller's
services, Buyer may contact Seller by email at
[email protected] to resolve the conflict and/or seek a refund. After thirty days, cancellation
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or control such information except that the Buyer retains the right to
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Buyer may disable or limit cookies; however, this may limit Buyer's ability to
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requirements may result in civil or criminal prosecution.
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Seller's contact with Buyer's credit card companies in order to ascertain
information related to such fraud.
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bank fees, or if he causes a fraudulent dispute claim that results in a
chargeback against the Seller's account, that the Seller is authorized to
re-charge the Buyer's credit card that was used for the original purchase to
the extent that will make the Seller whole. Buyer may also be liable for
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Product is sold 'as is' without warranty or guarantee of any kind as to
results from use of Product. Seller does not warrant that RealFreedomInc.com,
the information, content, materials, products or services included on or made
available through RealFreedomInc.com is free of viruses, worms, or any other
content that made be harmful to Buyer's hardware or software.
To the fullest extent of applicable law, Seller disclaims all warranties,
express or implied. Seller is not liable for any damages that result from the
use of RealFreedomInc.com or Product, including but not limited to direct,
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including but not limited to the use of the product personally or in business,
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and this Buyer unless modifications are made in writing signed by both
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are enforceable shall control. Additionally, Buyer and Seller agree that, if
any provision is found to be invalid or unenforceable, the arbitrating panel
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Waiver of Breach
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be construed as a modification or an amendment to this agreement or constitute
a waiver of other breaches.
SELLER CONTACT INFORMATION
The Seller of this product is:
Real Freedom, Inc.
PO Box 48617
Tampa, FL 33646
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membership Buyer attests to have fully read, understood, and accepted the
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said affirmative digital acceptance shall be deemed to be the same as if you
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2022 Real Freedom, Inc.
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Real Estate Mogul LLC
5023 W. 120th Ave, #102
Broomfield, CO 80020
(Please replace “AT” with @ and “DOT” with .)
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© 2022Real Estate Mogul LLC
Real Estate Mogul LLC
5023 W. 120th Ave, #102
Broomfield, CO 80020
FROM PRESTON ELY - MY PERSONAL DISCLAIMER TO YOU
Hi - we do everything in our power to run a good, clean business and help people succeed.
We've been in business for nearly a decade. Our mission is simple: help 1,000,000 people live lives of greater freedom. That's what gives us juice and passion.
Unfortunately, there are people and companies who do bad things and make products that don't work at all or don't work as advertised. That behavior hurts everyone.
The bottom line is there is no such thing as magic. There is no magic unicorn that will appear on your doorstep and start pooping gold bars or giving you free money.
Just because people in this program have made lots of money doesn't mean or imply the same will happen to you. In business, and in life, there are no guarantees.
Any one of the people who we happen to feature in this program have a BIG WHY - they want to make a difference and help themselves, their families, their employees and customers succeed. They want more and they apply themselves, they get outside of their comfort zones, acquire new skills, work like crazy, make mistakes, and fail, BUT THEY DON'T GIVE UP.
They implement. They don't quit. They serve. They didn't blame someone or something else for their mistakes or failures - instead, they do the HARD WORK that it takes to make a difference.
They use our tools, systems, psychology, mindset, training, community and events to succeed.
If you're the type of person that isn't willing to roll up your sleeves, learn, explore, grow and focus on helping other people succeed, our programs aren't for you.
If you're a blamer, whiner, malcontent, or just downright lazy, our programs aren't for you.
But if the content is this program and our videos resonate with you - and you can see the possibility and potential that this can work for you, then WELCOME HOME. You're in the presence of REAL PEOPLE who are helping REAL BUSINESSES succeed, thrive and survive.
It would be both mine and my team's pleasure and honor to serve and support you so you can EARN MORE, LIVE MORE and GIVE MORE.
Preston Ely, CEO
FULL EARNINGS DISCLOSURE:
RealEstateMogul LLC. (The Company) does not guarantee income or success, and examples shown at RealEstateMogul.com do not represent an indication of future success or earnings. The Company declares all information shared is true and accurate, and any claims made of actual earnings or examples of actual results can be verified upon request.
The earnings, revenue and profit results that a customer will generally achieve in circumstances similar to those depicted in the endorsements and testimonials on this site depend on many factors and conditions, including but not limited to, work ethic, learning ability, use of the products and services, business experience, daily practices, business opportunities, business connections, market conditions, availability of financing, and local competition, to name a few. Because of impediments due to any one or more of the foregoing and other factors, it is generally expected that no earnings, revenues or profits will be achieved with the use of any products or services advertised on this site in circumstances similar to those referenced in any endorsement or testimonial.
Each of the purchasers of our products and services who have provided their endorsement or testimonial for use on this site have received a refund in the amount of the cost of the product and service in exchange for their endorsement or testimonial.