How to Crush Negotiations, and Score Seller-Financing with Autumn Rankin | From Military to Millionaire Podcast

Episode: 141
Autumn Rankin
Join your hosts, David Pere and Alex Felice, with their guest Autumn Rankin, as they speak about how a veteran nurse finds success in real estate and entrepreneurship. As you tune in, laugh and be awed while Autumn shares the beyond average stories of how she acquired the lineup of properties currently under her belt.
When Autumn decided to quit her school in Anesthesia Nursing, she didn't know what to do next. It was all she worked hard for in years. Fortunately, somewhere in Hawaii, Autumn found a mobile home that caught her attention. A cashed-out 401(k), $10k worth of loan from a friend, and an impressive $20k furniture loan later – she closed down on her very first real estate investment.
In this episode, listen closely to how her direct approach to dealing with sellers and attitude towards creating win-win situations becomes the common denominator of all the investments she succeeded in. The kinds of investment that not once required her 20% down.
About Autumn Rankin:
Nurse Practitioner w/ 18 years as a critical care nurse in ICU (neuro, cardiac, medical & surgical). ER (adult & peds), and PACU (adult & peds).
Owner of NAPA Auto Parts Clyde & Coleman, TX (March 2019)
Owner of Callahan Estates Mobile Home Park (July 2019)
Recently sold a 2/1 flip in Lawn, Texas
Owner of Moore Park- Mobile home park (November 2019)
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Sponsor:
Rentometer: link
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Outline of the episode:
 
[04:05] The 1st Investment – We had a day to get $45,000.
[06:34] On getting triple net from renting out a commercial building.
[08:18] What's a triple net lease?            
[14:08] The story behind acquiring a creepy mobile home park.
[17:30] On personally linking to sellers and establishing a win-win deal.
[22:32] Managing properties while working in ICUs; Acquiring a mobile home from someone in jail.
[27:10] "Most people stop there, but not me."    
[32:30] Introducing yourself as the new management to tenants.
[36:23] The kinds of deals to love…
[39:34] "Read as many books as you can!"
Resources:
 
Instagram:          link
Facebook:           link
LinkedIn:             link
 
Browse from BiggerPocket's Bookstore:
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The No B.S. Guide to Military Life - How to build wealth, Get Promoted, and Achieve Greatness, Book by David Pere:
link
 
50 Things They Didn't Teach You in School!, Book by Tim Shiner:
link
 
Follow Our Journey:
 
Website:              link
YouTube:             link
Facebook:           link
Instagram:          link
 
Grab your book copy of The No B.S. Guide to Military Life - How to Build Wealth, Get Promoted, and Achieve Greatness by David Pere:
link
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Advice to an 18-20-year old:
Read as many books as possible!
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Recommended resource(s):
50 things they didn’t teach you in school
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Sponsor:
Rentometer: link
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Real Estate Investing Course: link
Recommended books and tools: link
Become an investor: link
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SUBSCRIBE: link
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Website: link
Instagram: link
Facebook: link
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My name is David Pere, I am an active duty Marine, and have realized that service members and the working