Breaking news! First Millionaire couple

This is from Trace:

I am proud to say that I have another millionaire student - in fact I
have two...they're they're the first millionaire couple. Jessie and
Apple Raquel have blazed a trail and their story is such an
inspiration. I interviewed them:

Trace - I heard you're the Think Rich Pinoy Millionaire's Network
franchise's first real estate millionaire couple! Congratulations! How
does it feel?

Jessie- We are proud to be the first "Think Rich Pinoy" millionaires
because of our first property in Bancal Meycauayan Bulacan. When I am
feeling discouraged and have lots of rejection, I always look back to
this successful event in our life. This is really a milestone.

Apple- It feels really great! We owe this to our group the TRPMN
(Think Rich Pinoy Millionaire Network) and of course to our
magnificent mentors, you,Larry Gamboa, Bo Sanchez and Nelson Terrible.

Trace - describe to me how you achieved millionaire status in such a
short time.

Apple - We bought through a bank auction a 10-door apartment as our
first deal in Bancal, Meycauayan Bulacan. And through yours and
Larry's guidance, we were able to determine that its value is Php3.7M
and bought only for Php1.85M.

Jessie – In the simplest way, the most crucial thing is to set
"unrealistic" and "bone-deep" heart-felt goals. My goal at
that time
was not to become a millionaire but to have a passive income
(Php150,000 monthly) so that I don't need to work abroad and leave my
family just to earn a living. And whatever happens stay focused in
achieving it but be flexible. There are lots of learning experience
from your first deal. Try to find out what works and what doesn't.

From my youth, I always believe that I am God's beloved. That He is
with me no matter what happens. I just believe in my heart that God
calls me to do this thing for a higher purpose. In essence, you have
to set goals. Act upon it and stay focused. And believe that this goal
will be achieved.

Trace - what challenges did you encounter and how did you overcome them?

Jessie – The biggest challenge was to sell the 10 units of the
apartment in Bancal, Meycauayan.We had a negative cash flow for 1
year. You suggested the idea of marketing it using Php99/day
RENT-TO-OWN units. After massive marketing campaign, bandit signs and
internet marketing, unbelievable things happened, we were able move
the remaining 5 units in 2 two weeks.

Trace - so you went from negative cashflow for 1 year and because of
one single idea from me...you were able to become positive cashflow in
just 2 weeks. Wow!

Apple - It really ain't easy being in the same business as a couple.
Like for us, we two are really different persons..different
personalities, have different views etc. So sometimes we end up in
'hot' business discussions.But don't worry they oftentimes result in a
very sound decision and I think it is normal for couples.

Trace - describe to me your latest deal? What is the potential profit,
how did you find the deal, etc.?

Jessie – Our latest deal is "Romagna
deal", our 3rd property in Maia
Alta, Antipolo. We already have a buyer for this property. We bought
it for 2.5M, and sold it for 3.5M on a rent-to-own basis for 15 years.
(Actually, we are selling it for 2.9M if cash, 3.1M if Bank financing.
And 3.5M if Rent-to-own.) We found a buyer first and then we showed
different properties even if they were not yet tied up. After the
buyer's decision as to which property they wanted, we talked to the
seller and tied it up for Php5,000 only.

Trace - If there is only one thing from each of you that you can tell
our readers who are striving to become millionaires, what advice will
you give?

Jessie – Set "unrealistic" goals. And take massive action. Stay with
it until its completion.

Apple – Have very good mentors who can guide you. Imitate them just
like what we did.

Trace - Now that you are millionaires, what is next?

Apple – To be billionaires?! (lol) Honestly, you must not stop on what
you are and have right know. Strive more so there will be more
opportunities in helping other people. As Bo says, "The purpose of
money is to help and bless others. The more people you help, the
richer you become and you become rich not just materially but
spiritually. You become truly rich."

Jessie- Our goal is to earn Php1Million monthly. This can be done by
retailing at least 2 properties per month with at least Php500,000
mark-up each.

***
Well, I know the interview is cut short. But you can get to meet
Jessie and Apple -and know more about their deals-personally if you
start where Jessie and Apple started.

Be there at the August 16,2008 Think Rich Pinoy Seminar with Cashflow
101 (and 202) game. Details at http://www.thinkrichpinoy.com. Early
bird rate of P 1450 still available up to June 4. (It's a P 550
savings from the regular rate of P 2000). Sign up now. Email
richteamevents@gmail.com or visit the site to pay via creditcard &
paypal.

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