Peter Conti & David Finkel
By Peter Conti & David Finkel
May 18, 2006
Self-made millionaires Peter Conti and David Finkel are two of the nation's leading investment experts. They are successful business owners, investors, and co-authors of How to Create Multiple Streams of Income Buying Homes in Nice Areas with Nothing Down, which was selected as one of the all-time top three investing books by the American Real Estate Investors Association.
Their book, Making Big Money Investing in Real Estate without Tenants, Banks or Rehab Projects, was one of syndicated columnist Robert Bruss's top ten pics for 2002.
Their latest book, Making Big Money in Foreclosures Without Cash or Credit has already reached the Wall Street Journal's Best Seller list.
Each year Conti and Finkel hold workshops and seminars, at which thousands of investors across the country discover the realities of making money by investing in real estate. Their personal real estate holdings are valued at over $15 million, and their students have bought and sold close to $800 million worth of real estate over the past decade.
Conti and Finkel were also the masterminds behind the original San Diego Challenge, in which they guided a group of three novice investors in picking up over $1.5 million worth of properties-with only $37 down.
Finkel is also the host of Real Estate Radio, the top-rated show on wsradio.com, which is the largest Internet talk radio station in the world.
Peter Conti's Story
I started out as an auto mechanic because that's what I had always been good at. Coming from a family of seven kids, I wasn't expected to amount to much. And for many years I bought into this concept of myself. Yet even during these times, a part of me hungered for more.
All the time I was working for $5.00 an hour as a mechanic, I paid attention to what successful people were doing. Again and again I heard stories about people who despite starting out with humble beginnings were able to create great wealth in real estate.
Sometimes things need to get bad enough for you before you decide to make a change. For me, this point came when I was working in an auto repair shop. It was winter and the owner had the heat turned down. He was trying to save money. It was so cold that I remember my fingers were so numb I could barely even work.
I looked over as the shop foreman came out of the office with a big, hot, steaming cup of hot coffee. It looked so good I grabbed a coffee mug out of my toolbox and went into the office. After finding the coffee pot, I poured myself a nice warm mug of coffee and then wrapped my hands around it to warm them up more than anything.
Just as I was walking back to work the owner came out of his office and looked at me said, "Peter, that coffee is for customers only!" I felt about two inches tall. But as bad as that felt it was a great moment for me. I decided right then and there that I was never going to be dependent on someone else again for my livelihood. Never again would anyone have that kind of power over my financial life. I thank God things got that bad because if they hadn't, I might never have committed to changing my life.
I had always known that real estate was a great way to create both wealth and freedom. So I finally took the leap and began my investing career. In the beginning I scrimped and saved and bought every property I could. At the same time I studied every book and tape program I could find. I went to every seminar I could afford. I continuously invested in myself and my real estate knowledge base. Every technique and strategy I learned and applied paid me back 1,000 times over.
I remember my first fixer-upper property. It was a broken down 3 bedroom house in a working class neighborhood. The windows were all broken, and the roof leaked so badly that the kitchen ceiling had fallen in. I had picked it up cheap and even gotten the owner to carry the financing.
When I added up all the repairs I thought the house would need I got scared. What if I couldn't make more than it would cost me to fix up the house? It really needed a lot of work! In the end I made a mistake. I sold out to another investor for $1,500. I felt good about this until I learned he had made about $30,000 on the deal.
If I had only been willing to admit that I needed some help I could have found someone who had more experience than me. Even if I had traded half of the profits in the deal in exchange for a mentor's expertise and guidance, I would have made $15,000 - ten times more money!
My next major hurdle came as my real estate portfolio grew too big. I soon began to realize that with each new property that I took on came more problems and responsibilities.
All those tenants in those properties were looking to me and my company to give care and attention to their homes. A few bad tenants left me with a bad taste in my mouth. I had to work so hard just to keep all of my properties running smoothly.
I found that it wasn't too long before I moved from being a real estate investor into a property manager. The problem with that was I was so caught up in the day-to-day management of my properties that I wasn't out there buying more!
Even when I got to the point where I hired other people to do the fix up work for me, I still spent most of my time overseeing their work and dealing with tenants. I was stuck in a spot that many investors who try to make it using traditional real estate investing methods find themselves.
I looked back over a two-year period and realized that I hadn't bought a single property in that time. My investing career had come to a standstill! I knew at that point that there had to be a better way to invest in real estate. I spent several years looking for a better way to invest and to fine-tune this way into a money making system. This system was born out of my frustration with traditional real estate methods. It has come to be called Purchase Option investing.
The Purchase Option system has done away with the need to deal with tenants and toilets. You'll even be able to work the system part-time and still make big money. You'll discover, as many of my students and I have, that not only will you be making more money, but you'll be creating a lifestyle where you have the freedom to spend time with your family doing the things you want to do.
This is so often overlooked by many wealth seekers, who realize after it's too late they've taken a wrong turn. They forget that true wealth is living a balanced lifeÖ money, financial independence, free time, loving relationships, great health, and the ability to find your spiritual self.
Can you imagine waking up each day and deciding when you wake up what you want to do that day? No more alarm clocks, no more dealing with your boss, no more rush hour traffic. Just time to pursue the life you've always wanted to live, and the time to go after your dreams. This life is waiting for you right now. I've helped thousands of people learn to create wealth through real estate. I hope I can do the same for you too.
My best to you,
David Finkel 's Story
I can remember my introduction to real estate. I had just retired from playing Olympic level hockey because of an injury. My background was in marketing and one to one wealth coaching.
Peter hired me both as a consultant taking all the cutting edge marketing ideas I had learned over the years and apply them to real estate investing, and also as a coach. My job was to help him distill his ideas down into a simple system anyone could follow to make thousands of dollars.
Well, I spent the better part of a year helping put this powerful system in place and collected a hefty check for my work. But when I saw the even bigger dollars Peter and his students were making when they took Peter's strategies and combined them with my marketing plan it hit me like a ton of bricks! I was making the biggest business mistake of my life.
Right there and then I made the decision to put real estate to work as my vehicle to financial freedom. It took some hard work, but with Peter's help and expertise I put his powerful purchase option tactics and techniques into action. One year later I knew I would never have to worry about money again.
That's how powerful the Purchase Option system is. It will give you the freedom to do what you want, when you want, where you want, and with whom you want.
Anyone can take a hold of Peter's remarkable ideas and put them into action for themselves. You can do it now! You just need to keep an open mind, take action on what you are learning, and commit to your lifelong real estate education. Remember, the more you learn-the more you earn!
The Purchase Option system is different from everything else out there. It incorporates all the benefits of traditional real estate-like cash flow, equity build-up, appreciation-while at the same time it minimizes risk and rescues you from the landlord trap of tenants and toilets.
But don't take my word for it; find out for yourself! Pour through every word in our book, analyze every case study, test out each strategy. In the end you will discover, like I did, that Purchase Option investing is the safest, fastest, and simplest road to wealth.
Wishing you great success on your journey,
Reproduced with permission of David Finkel. (www.ResultsNow.com)
How To Create Multiple Streams of Income Buying Homes in Nice Areas With Nothing Down!
by Peter Conti and David Finkel
Learn directly from the two men responsible for re-writing the rules of real estate investing exactly how you can buy homes in nice areas with nothing down in this best selling 288 page book!
- Five, Fun Easy Ways to Earn Up to an Extra $100,000 This Year Investing in Real Estate!
- Wealth Without Risk: How to Build a Million Dollar Net Worth in Five Years or Less - Working From Your Home!
- How a retired minister made $28,000 on his very first deal - and how you can too!
- How a commercial airline pilot made over $75,000 from his first four deals - and how you can too!
- How a mother of three made $30,000 on her first deal - and how you can too!
As a special free bonus you will receive David's popular "Investor Tips and Important Announcements" weekly e-newsletter along with periodic information about special events in your area.
Click here to get your FREE COPY of "How To Create Multiple Streams of Income Buying Homes in Nice Areas With Nothing Down"!
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