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Phillip Lechter
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Admin
on Mon 11 Feb 2008 09:32 PM PST | Permanent Link
An accomplished business owner, real estate investor, and educator, Phil is currently a co-founder of a mortgage company. He states, “I would say that my story is a case of learning from making mistakes and then not making the same mistakes twice.” In addition to his mortgage company, over the last seven years Phil has grown his investment portfolio to include 11 residential rental units and a retail business, using strategies from rehab and cash flow, to new build buy and hold, to personal rehabbing and self-management, to cash flow and hold for one year, to a residential land development deal. Through his many real estate and business ventures, he’s refined his strategies for success and acquired a high-level of effective team building and management skills.
In the fall of 2000, Phil joined the Rich Dad Company as an “apprentice” to Sharon Lechter (his mother). Over the next six years as Chief Communications Officer, he focused on rapid acceleration of strategic partnerships and the start-up of a global franchise division within the organization, as well as PR, direct marketing, customer acquisition and retention, messaging, branding, and Rich Dad’s coaching and seminar divisions. Phillip further developed his leadership skills by training coaches, seminar leaders, clubs, and individuals how to teach the Rich Dad principles and how to play the CASHFLOW® game. Prior to this, from 1997 to 2000, Phil worked various sales, management and marketing positions, including managing a janitorial service and working for E & J Gallo Wine. In addition, he worked for an equipment lease finance company where he further expanded his sales abilities by soliciting financing over the phone and was later responsible for building and training a sales team that tripled the company’s revenues. Phil graduated from Arizona State University in 1997 with a Bachelor of Science degree in Business Management. Today, Phil resides in Phoenix, Arizona with his wife Angela and their two boys, Kristian and Dylan. As a championed leader, Phil looks forward to sharing his vast expertise in business and real estate to help Nouveau Riche students learn from his “mistakes” and utilize winning strategies to create their own success.
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Investor Concierge Testimonials
Darryl Wortham Went from "zero knowledge" before Nouveau Riche, to owning 3 properties in 3 months through the Investor Concierge. He increased personal net worth by at least $50,000. “...within 30 days of joining Nouveau Riche I clicked to purchase a property with $400 positive cash flow...it was a great experience! "
Cheryl Malcham Most recent purchase received over $20K immediate equity and the renters moved in with a lease option the day she closed on the property! “What really impressed me with this property and the RME team was the amount of information that was available to me before I actually clicked on a property. I had all my due diligence done for me right there on the website."
Steve Sundberg Acquired a duplex and a single family home with cash flow totaling around $750/month. “We know what it’s like to follow a real estate agent around with our children in the back seat of the car, making multiple offers and being refused multiple times… we don’t have the time to do that so it’s wonderful to leverage other people’s time and expertise.”
Lori McConnaughey Acquired her first property through the Investor Concierge™ with just $350 out of pocket and gained $14K in equity. She’s purchased 3 properties in 4 months and they’re all out of state. “We always knew we should be doing something in real estate for the long term but didn’t have a clue as to how to get started. After being involved in Nouveau Riche and attending the training seminars we decided to take the plunge and buy that first property.. it was kind of scary to click on the button but we knew we had to start somewhere. It went very well… RME made the whole process go very smoothly!”
Chad Wade First investment property has a positive cash flow of $453/month and $65K in equity. “When you can take advantage of someone else going out and providing the deals the way they do, it’s awesome! …I can concentrate on what I need to do in my life…”
Claudia Dove Purchased first property with no money down and $11K equity. “…it’s so easy anyone can do it…We’re looking forward to doing it over and over again!”
Arlene Kramer Acquired property with 100% financing, received $2500 at closing for a lease option tenant, and has an exit strategy of $45K. “..the Concierge™ found the property for me…with just a click of a mouse, there it is!... they also found the mortgage company… they found my lease option tenant… they did all the work and we were able to close in our own living room!”
Cheri Tree Obtained first property through the Investor Concierge with no money down; had $32K equity and received $1300 back at closing. “…the Investor Concierge™ has changed my life…my properties through the Concierge™ have $130K roughly in equity… and it has given me the confidence to go out and do some deals on my own…” |
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