Page 3 from "Insights About Private Lending" ebook:
Robyn
Hi everyone. This is Robyn Thompson. I’m proud to have Alan Cowgill here with
me today. He is the president of Integrity Home Buyers located in Springfield,
Ohio. Alan is a successful real estate investor and has bought and sold over a
hundred investment properties in the last few years. Most of what he does is,
while working in the corporate world, he is a full-time investor.
Alan congratulations to you and your success. Can you tell my listeners a little bit about you and your background, and what brought you into the world of real estate investing.
Alan
Yes, thanks Robyn. I was a renter for 19 years. I was living in a two bedroom
apartment, and I was broke. I was bored; and I knew that if things didn’t change
in my life, I was going to retire broke. I was up at two o’clock in the morning,
frustrated. I was channel surfing, and I ran across an infomercial on real estate.
They wanted $159 for the course, and I didn’t have the money. To be honest
with you, I had gone out that day and spent my money on lottery tickets. But I
did have a credit card, and they had a 30-day money-back guarantee--which
really caught my interest. So I picked up the telephone, and I ordered the course
with full intention of looking it over and then returning the course. But instead I
became enthralled with real estate. I kept the course; and here, eight years later-
-like you said--I have bought and sold over one hundred properties. Most of that
time, I was working a full time job.
Initially I started out with the buy and hold philosophy, which means that I buy a property and then I rent it out. In fact, I still own the first property that I ever purchased.