Ep 449: Earning Over 100k in Just 25 Days: An Immigrant Success Story with Agustin Quarterolo

In episode 449, Agustin Quarterolo shares his immigrant success story, highlighting a challenging real estate deal plagued by unexpected issues, including a seller who had not made mortgage payments for two years, leading to high arrears and low equity. Speaker 2 discusses the difficulties faced during the transaction, including buyer struggles and delays due to a lack of understanding. Despite these challenges, Agustin reflects on his personal growth and entrepreneurship journey, emphasizing how he shares his experiences and knowledge with the Spanish community to inspire growth and potential. • Challenging real estate deal with unexpected issues. 0:20 • Real estate transaction challenges and successes. 3:26 • Personal growth and entrepreneurship. 4:34 Text 📱 210-972-1842 Text 📔 "Course" to learn how to make 6 figures on one land deal. Text ✴️ "Hive" to get added to weekly meetings. Text 🍎 "Apple" to schedule a 1-on-1 call with Anthony & Daniel. Text 🛬 "Land" to join The Million Dollar Land Mastermind 🔍 Need Inbound Real Estate Leads. https://www.hiveleads.io/ 🔍 Follow Us on YouTube https://www.youtube.com/channel/UCbulcrC4WbOy5Fzu0eWzNVQ/?sub_confirmation=1 🔍 Follow Us on Instagram https://www.instagram.com/hivemindcrm/ 🔍 Check Out https://www.hivemindcrm.io/ 🔍 Check Out Our Land Mastermind https://www.milliondollarlandmastermind.com/landmastermind 🔍 Pick Up All Event Recordings here. https://thehiveislive.com/recording 🔍 Follow Us on TikTok https://www.tiktok.com/@hivemindcrm?lang=en 📍Join the FB Group https://www.facebook.com/groups/137799891494707 📍 Check us at Join Us! https://thehiveislive.com/ Help support the show. https://anchor.fm/hivmindcrm/support

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Transcript

hey welcome to the high podcast I'm your

host Danel Martinez today we have

returning returning guest Augustine

Cordo from

[Music]

[Applause]

Argentina he is a young 22-year-old

investor from uh Miami and if you hav

not checked the other episodes we did

one in English one in Spanish and uh

today we're covering deal breakdown we

cover cool interesting stories I think

Augustine has a couple interesting

stories for us today what you got first

uh Augustine so I'm going to start with

the most difficult deal that I ever done

and it was a deal in the in here in

Florida near Tampa it was like one year

ago uh the house was in Pre forclosure

we are going to take over the payments

um the problem with the house it was it

was a 2021 building so brand new house

and the owner that bought the house so

basically the seller um they never make

a payment in two years wow never make a

payment in two years they bought the

house and they never make a payment what

was the problem that the were so high

that they was barely Equity but the

interest rate was super super low so it

was attractive for an investor to buy it

or a homeowner to buy it so what we did

I find a buyer um that is it was going

to live on the house when they went and

see the house at the beginning the house

was dirty and everything of course like

the carpet has to be replaced and stuff

20 days after that they saw the the the

house and it has to close the seller has

to leave out so we leave we give them

like 500 bucks to book a hotel for two

three days right and when when the buyer

go to the house to close to to inspect

the house the seller through oil in the

carpet oh oil in the carpet everywhere

yeah the house was a mess there was poop

of dogs everywhere like everything was

dirty they say the kids suicide right

riding up the the walls problem was that

the buyer say it I don't want this

stuff you know I'm not going to be

closing on this deal I need to be clean

it up and I need to change the carpet so

what we have to do oh and and they

remove the appliances too uh they remove

the Washi and dryer oh man yeah it was

horrible um so what we did we changed

the carpet we cleaned the house pay like

2500 to clean the house and paint the

house and clean the carpet no clean

change the carpet and put washer and

dryer right yep um so came out of pocket

to do that and then we Clos with the

buyer we recover the money and make like

six grand nothing nothing crazy because

you went through a lot you went through

a lot of work and effort just to make

six grand it wasn't even worth it oh

whoa wait wait we are going to be able

to close on let's say Friday and when we

change the carpet we clean it with

everything the Thursday the T company

call us and they say I'm not able too

close on this particular transaction

because it's a subject to transaction on

a FHA loan and it's super difficult for

FHA to close on a title company yep so

last minute one day before closing they

they take out out of file and we have to

find another company to close so we we

lose like another 15 days and we lose

another month of payment so we make less

money too yeah it was a difficult

transaction man you only made six grand

and you lost the whole month of cash

flow and

we not not just that hours hours on the

phone with the with the buyer because

the the buyer was a British British lady

that she has a business she's a business

owner yep and she has like 68 70 years

old so she was like you know those kind

of ladies that she don't and it's not

too much it was super tough yeah

definitely uh you get you get hard

situations on the sell side hard

situations on the buy side oh yeah yeah

um but yeah going to the smooth

transaction it was like two and a half

months ago in San Antonio I put a

property under contract in Hollywood

Park okay you know that part of San

Antonio and we put it under contract for

248 and we resell it for 352 so we make

104k on 25 days of transaction that was

the smoothest transaction that I ever

done and the biggest transaction so far

so happy with that

amazing congratulations that's cool man

I have I the have right here just keep

it around yeah I give it around when I

have a bad day I see this this stuff

what what can happen so you got to keep

working

yeah that's amazing man congratulations

um I think I think it's really cool man

uh seeing you uh go through a lot of

trials and tribulations you've done

through a lot of stuff but you you're on

the better for it and you're trying to

create a your own community and do a lot

of big things with that so um it's

really cool to see you it'll be cool to

see you grow I think that's that's the

coolest thing about working with young

people seeing seeing people grow and um

not know what you know what you can

become and know you will become but I

feel you have a lot of untapped

potential and um seeing where you end up

is it's gonna be cool to see oh yeah I'm

already signing up for the next high

mind

so there you go there you go if you want

to see Augustine come to the next High m

event I don't know we're going to have

it hi his live SL Summit if you want to

go meet Augustine in person we're going

to make it happen next year but um

Augustin Augustine came to the event

last minute last year uh this year in

October but um he said he's gonna come

around next year he had a good

experience but uh I appreciate you

coming on and providing good information

and doing it doing uh what you're doing

for the Spanish Community I think is

amazing too so I really appreciate you

coming on and sharing some knowledge

Augustine appreciate you thank you very

much for having me here too all right

for everybody here go like subscribe

share it with a friend we'll see you in

the next episode thanks for tuning in

guys have a day bye hey if you have any

deals you'd like to submit to The Hive

mine and our team go to Hive bc. it's

actually The Hive Buyers Club submit

your deals and we can hopefully dispill

your deal for you have a great

day

Daniel Esteban Martinez

Host/ Ceo/ Speaker

I have been an entrepreneur since 2018. I come from a regular home just like most people. My dad worked on the roads in the Chicago area for over 30 years. He always taught me to work with my brain, instead of my body. Your body can only take so much abuse. I learned so much from my father. He always pushed me to work smarter and not harder.

I have owned and operated a trucking business for 2 years. I started learning real estate in 2019. Fell into the Data & Skiptracing business in 2020. My partner Anthony & I started Hivemind in 2021.

I have done a ton of different jobs coming up from painting, to door-to-door sales, telemarketing, truck driving, and loading trailers. What I learned most is that I want to stay in the digital business space. The leverage you can have delivering digital products to the marketplace can yield limitless possibilites.

I started The List Guys in 2020. It is a data and skiptracing service. We provide seller and buyers list nationwide. My clients have been getting great results and I am proud to help people killing it.

I started the Hive in 2021 with my partner Anthony Gaona. It is a real estate and business mastermind. It also comes with a all in one CRM, that can host unlimited websites and users.

Starting the Hivemind has been an amazing journey so far. Seeing one of our users make his 6 figure month in June 2021 leveraging our software, I know there will be plenty more to come!

Agustin Quarterolo

Ceo

22 years old from argentina
Have a wholesale biz doing 4/6 deals a month.
Bought 6 properties using subto and seller finance
With no SSN/ credentials or cash

I want to change latinoamericanos mindset in the way they think and see america