$10,000 for a weekend, he said.

I was like damn… Did I call the right place?!

There I was thinking I called a high-class escort on accident, but nope… That was the rental price for me to throw a party at a smaller mansion in San Diego.

I paid for it and then threw a great party.

The guy who owned the home lived there full-time.

He just rented out occasionally and said he’d spend the extra cash to cover his mortgage and take his wife out.

They rented a hotel for $400 while we were occupying his space, and walked away with $8,500 in profit for 2 days of doing nothing.

If you’ve thrown a lot of events then you know it’s not uncommon to pay those rates for a really special location.

Albeit, this space wasn’t an event made for parties. It lacked the basics to hold a true “mastermind” event.

So I thought… If he can make $10k for a weekend in a mediocre mansion…

What if we created a true EVENT HOUSE decked out with everything you could possibly need, and then some, to create an awesome experience for your guests…

That was 2 years ago, and I’ve sat on the idea for a while looking for the perfect place.

And as you may know from recent posts…

I’ve found and bought the perfect place to make this happen!

The home we purchased we paid just under $2m for in Ft. Lauderdale.

Now I don’t know about you, but even if I had $2m sitting in a bank account, I wouldn’t want to spend it all on a house.

So we opted to use a Creative Finance structure that allowed us to purchase the home for just $36,000 down.

If you’ve ever considered buying a property then you know 20% down is standard.

We put LESS than 5% down. 

It’s worth noting that we also negotiated that then $36k be used as ADVANCE PAYMENTS so we actually don’t have to pay our mortgage for 6 months, making this a pretty legendary acquisition in my books.

Now, this home is already a ton better for events than the one I rented for $10k in San Diego as it has a stage, 3,000sf of open space inside that can hold easily 75+ people, plus one of the largest yards I’ve seen in South Florida under $5m.

But we are making upgrades to it worth about $100k to make it the most insane, unique, yet effective event space on the market.

So far I’ve spent about $20k on it and already have offers from people wanting to rent it out for their event.

Let’s do some simple math…

I paid $36k to move in and I don’t have to make another payment until February of 2021.

Let’s say I put $50k into renovations and furnishing it.

That’s $86k.

(What’s cool is I would spend that $50k on renovations even if I didn’t plan on renting it out, so it’s money I was planning to spend anyway).

Also, that $86k is STILL LESS THAN THE AVERAGE DOWN PAYMENT AMOUNT. 

(God, this deal is a banger…)

Now let’s say I live here most of the time, but rent it out for 1 weekend a month until February, when my payments kick back in.

We’ll assume I rent it for the same amount I paid in San Diego, even though the market rate for a property like ours on the water is much higher than that.

(Especially because we plan to include boat and jetski rentals for people that are accessible right off the backyard… I’ve never actually seen someone do that before either).

That’s $10k per month– minus the expense of me getting hotel, cleaning fees, and management fees.

I’d walk away with close to $8,000 per month. 

My mortgage is $6k per month.

By the time my mortgage payments kick back in Feb, we will have almost made our money back on the renovations that I wanted to do for myself anyway.

After that, if we rent it out just ONE weekend a month we will enjoy a nice $2k per month in profit. 

So, we get paid to live in our dream house…

But what’s cooler is that I get to create an ART PIECE as a home and not worry about it being “too eccentric” when I resell it because the more eccentric it is– the more it rents for. 

Even cooler than that, we can throw fundraisers for our charity here for no cost…

We can help build communities and relationships by offering a beautiful space for people to come together.

And my favorite part…

My friends and family will always have a place to stay if they need or want it.

Now, as if this deal isn’t probably the coolest real estate deal you’ve heard of in a while…

Let me make it 10x cooler.

I started house hunting across the stats in June, with NO CREDIT.

And I have moved into my dream space by September, still with no credit. 

This wasn’t a long, hard process.

And the thing that made all of this possible is learning CREATIVE REAL ESTATE NEGOTIATING from Carolin Ricciardi at our Investing 101 Event. 

For years I’ve been quietly buying small businesses across the globe, but never felt ready to move into real estate.

That is until Carolin showed us at our investing event just how easy it is if you know where to look and what to say to people.

3 months later we have an asset that will pay us passively and allow us to live for free.

We can 100% help you do the same. 

Whether you want a new home and want to live for free, like me…

Or you’re at the stage where you want to scale up your real estate portfolio with bagin’ hot deals like this…

This event is a game-changer.

Our next Investing 101 event is in my NEW HOME (so you can check it out) in Ft Lauderdale on November 4-7 (in about a month).

If you can’t come in person, you can attend virtually.

It’s not “cheap” to attend, but our philosophy as a team is that if you can’t afford education on how to invest safely… You probably shouldn’t be investing at all.

It’s $3,500 to attend.

Just imagine if you spend over $3,500 and even just land ONE deal like the one I just talked about. 

That’s a HUGE ROI on your ticket.

(Some of our clients have done 2-3 deals since we launched this event 6 months ago).

And what’s cool is that you are going to learn soooo much more than just real estate at this event that you can apply for a decade afterward.

This isn’t the type of event where you come and you need to keep updating your investing knowledge in the future.

The investing strategies you will learn will keep you safe and very profitable for a very long time.

So even if you aren’t ready to take action right away, I STILL recommend you come to the event now, and here’s why…

Once you come to this event your eyes will open to see new possibilities to generate wealth that you’ve never seen before.

You WANT that awareness because you never know when an awesome opportunity is going to pop out of nowhere and you need to be able to confidently act on it.

Look…What I’m inviting you to do is to think long-term about the future. 

Play like the big guys… Invest in your knowledge now knowing that it will pay you 10x as you move through your life.

This event has helped 8 figure entrepreneurs all the way to $50k per year employees.

Don’t get left behind 🙂

Click here to learn more & see how we can help you do the same for yourself.

-JT