About Us
September 2011, my husband and I attended our first Rich Investor seminar, followed by 3 days of intensive training through Robert Kiyosaki's Rich Dad Education. We work with motivated sellers of underperforming multifamily apartment buildings (5-20 units), solving their real estate problems. Our markets are Martinsburg, WV (including Inwood & Berkeley Springs, WV, Frederick & Hagerstown, MD and Winchester, VA.
How We Got Started
While visiting a Scottsdale, AZ bookstore, I bought the book Rich Dad Poor Dad. I signed up for Kiyosaki's emails, attended his seminars and formed Leapfrog Services LLC in Dec. 2011.
Products & Services
I work with motivated sellers of underperforming multifamily apartment buildings. These sellers want to sell for a variety of reasons, including b...
Recommendations Given (1)
"As one of Robert Kiyosaki's Rich Dad students, I recommend them b/c financial education is NOT..."
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"As one of Robert Kiyosaki's Rich Dad students, I recommend them b/c financial education is NOT taught at home, in schools, colleges or universities. It is sadly lacking and the reason so many people fail in this area. The caption of Rich Dad Poor Dad is: What the rich teach their children that the poor and middle class do not."
Recent Activity
DUE TO THE FACT THAT I'M RECOVERING FROM THE FLU VIRUS (WHICH I GOT FROM MY HUSBAND) I AM NOT ANSWERING ANY QUESTIONS AT THIS TIME. I NEED TO REGAIN MY HEALTH AND GET BETTER. SORRY FOR THE INCONVENIENCE.
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DUE TO THE FACT THAT I'M RECOVERING FROM THE FLU VIRUS (WHICH I GOT FROM MY HUSBAND) I AM NOT ANSWERING ANY QUESTIONS AT THIS TIME. I NEED TO REGAIN MY HEALTH AND GET BETTER. SORRY FOR THE INCONVENIENCE.
As a real estate investor, there are a few go-to books I refer to regularly. Rich Dad Poor Dad by Robert Kiyosaki and Commercial Real Estate Investing For Dummies by Peter Conti and Peter Harris. I treat the latter as a "technical manual b/c it advises me on what steps to take from finding a...
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As a real estate investor, there are a few go-to books I refer to regularly. Rich Dad Poor Dad by Robert Kiyosaki and Commercial Real Estate Investing For Dummies by Peter Conti and Peter Harris. I treat the latter as a "technical manual b/c it advises me on what steps to take from finding a property, to tie it up/take it off market and get it financed. I don't use any marketing or sales books for my business. Hope this helps.
My primary focus is on small [underperforming] multifamily apartment buildings with motivated sellers. The real estate market in my area (WV, VA and MD) is great with more properties than my Company can acquire. That's very good for me!
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My primary focus is on small [underperforming] multifamily apartment buildings with motivated sellers. The real estate market in my area (WV, VA and MD) is great with more properties than my Company can acquire. That's very good for me!
1 Reply
That's a tough one. Most people outside the real estate investing industry don't understand how the business works. There are strategies I use to acquire underperforming multifamily apartment buildings from motivated sellers. Once these sellers become my clients, I must retain their anonymity...
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That's a tough one. Most people outside the real estate investing industry don't understand how the business works. There are strategies I use to acquire underperforming multifamily apartment buildings from motivated sellers. Once these sellers become my clients, I must retain their anonymity including any additional personal information. That alone prohibits me from using their personal contact information in order to solicit business referrals for my Company. My business contacts include: listing agents, private money lenders/investors, appraisers and property managers. Leapfrog Services LLC is unlike typical businesses. Referrals are necessary only within the industry such as a legal one for a real estate attorney or other real estate professional.
For Mr. Scott Forgue of Diamond In The Rough Properties, LLC: Currently, my multifamily properties are in Maryland. I also look occasionally in West VA, although the market here is quite limited. Virginia and D.C. are nearby markets that my Company will branch out and service. From there,...
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For Mr. Scott Forgue of Diamond In The Rough Properties, LLC: Currently, my multifamily properties are in Maryland. I also look occasionally in West VA, although the market here is quite limited. Virginia and D.C. are nearby markets that my Company will branch out and service. From there, other states will be included but in-depth knowledge of the markets will be studied first before I do so. Hope this helps.
After Robert Kiyosaki's Rich Investor training program (Sept. 2011), I started Leapfrog Services LLC in Dec. 2011. Mid 2012 I found my first single family home, wholesaling it to another investor. That was Leapfrog's first profit. After recovering from a life-threatening illness in July 2013,...
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After Robert Kiyosaki's Rich Investor training program (Sept. 2011), I started Leapfrog Services LLC in Dec. 2011. Mid 2012 I found my first single family home, wholesaling it to another investor. That was Leapfrog's first profit. After recovering from a life-threatening illness in July 2013, I took the Company into the commercial real estate arena to buy underperforming multifamily apartment buildings. These properties range from 5-20 units and increase from there.
Leapfrog Services LLC is on the verge of acquiring its first multifamily property success so, it's taken at least 2.5 years. As Principal/Owner, I don't know everything, so I learned to have a great team of professionals to work with. They include a top-notch real estate attorney, commercial brokers (for listings), private money lenders and private investors interested in a great ROI. I've learned to trust my "gut" but do my homework before making any decisions.
First, I look at a property's numbers. They tell me everything esp. whether or not it will make money. I ignore seller proformas b/c their asking price is based on "best case scenarios," not what the property makes each month. If the seller is willing, I love negotiating. Most times, they're asking too much anyway. I put together strategies that work not only for my Company but for the sellers as well. They include creative financing alternatives where I'm not dependent on a bank for a traditional loan. The #1 focus of an entrepreneur is raising capital from private sources.
Secondly, another focus is solving seller problems. They range from units with below market rents, bad property management, and out-of-town sellers who are emotionally detached from their investments. I love a good challenge and love what I do. A great real estate investor solves seller problems for profit. I hope this helps.