Real Estate Success Puts Racing Enthusiast Back In The Fast Lane
Sam "Speed Racer" & Robert Craven
Sam Craven’s dream has always been to be a racecar driver. While competitively racing during college, Sam realized that becoming a Pro Racer takes a tremendous amount of money, and therefore wouldn’t be a reality for him. After earning an Engineering Degree, Sam took a job in sales. However even a lucrative sales job wouldn’t provide him with the future he envisioned. In 2012, Sam and his father, Robert, decided to join Mastery and start their own real estate investing business, Senna House Buyers. Since then, this father/son team haven’t looked back. By implementing FortuneBuilders’ systems, Sam & Robert quickly achieved success, completing 30+ transactions their first year. Today, father and son are closer than ever. They’ve built a team of eight people and growing, and are on task to complete over 100 deals this year. Sam’s drive, both on and off the track, has even allowed him to once again pursue his passion for racing and buy a brand new racecar, proudly branded with his company name and logo.
* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student.
Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results,
and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money
as there is work and risk associated with investing in real estate. The students depicted have participated in advanced FortuneBuilders’
training and coaching. The participants shown are not paid for their stories; however, some of the students depicted may also be a
FortuneBuilders' coach, and our coaches are compensated for their services. We believe in full transparency, so please read our Earnings
Sam Craven's Deals
This deal came to us through our probate post cards. The sister that was handling the estate lived in washington state and she gave us a call when she was finally ready to sell. Her fathers girlfriends son was living in there and had just got out of prison. He was nice but was not taking care of the house. We went back and forth on the negotiations for a while and we settled on $65k purchase price, plus 5 guns plus the car in the driveway. Just before she signed our offer, she received an offer for $15k over our offer but took ours because we focused on solving her problem instead of just focusing on the house.
This deal came to us from a high equity over 65 post card campaign we were running at the time. The seller was 98 years old and had lived in the house for a long time and he decided he was tired of the upkeep and wanted to move to an assisted living facility. This was a town house in a great neighborhood in Houston.
This was a wholesale deal that came to us from our absentee mailer. There were 3 properties on the 2 lots. I didnt think much of this property, in fact i thought we were overpaying for this deal, but we have a repeat buyer in Dubai that loves cash flow and appreciation and this deal has both of those. Without marketing it to anyone else we sold this property sight unseen to an out of country buyer. We had to do some extra work in setting up contractor bids and providing comps ect, but it was well worth it.
This deal came to us from a referral from a friend of Mat's. She found out what we do and decided to give us a call. We purchased the deal on the spot, renovation took slightly longer than expected but we went into it thinking the ARV was $390k and when we listed it we got a bit more bold and accepted an offer a few weeks after listing it.