How Chris Became A Millionaire in One Year

How Chris Became A Millionaire in One Year

Can you become a millionaire with just one commercial real estate deal? YES! Can you do it without years of previous experience? Of course you can! Can it be done in today's real estate market? Absolutely! In fact, you're about to discover the incredible true story of how an airline pilot from Houston Texas recently accomplished this feat. Plus, you'll learn exactly how he did it so you can do the same.

Meet Chris

Chris started flying with the Navy in 1977. He eventually began flying for airlines and is currently still employed by a major airline. Chris has a rather large family; seven children and many grandchildren. His entire life consists of family, flying, and now, managing the managers of his 90 unit multi family commercial property.

Overcoming a Slow Market

Many people say there aren't any good deals left in Texas or in any other major city. But while Chris did experience challenges with finding good deals in his market, he was able to find people motivated to sell that were off market. Chris testifies, that even if you think the economics look down on the outside, that there are still a lot of motivated sellers out there, that just need to be found.

The Million Dollar Deal

In March of 2016 Chris began researching commercial real estate on the internet and found Commercial Property Advisors on Youtube. He was then interviewed and accepted into our mentorship program.

When his big deal that made him a millionaire came into the picture, Chris had already found three properties that our team was helping him write contracts for. One was a four-plex, one was a 16 unit, and one was a 26 unit. With the owners so close to signing, our advisors recommended Chris begin interviewing the best lenders.

Chris began scouring Houston for lenders, brokers, bankers, and mortgage companies. He touched base with many brokers, lenders, and mortgage companies, making connections and resources. I gave him the information for a mortgage company I knew in the area, and Chris asked them to send him any properties they heard about. Two weeks later, they called and told him they had found a property.

 The Property

It was a 90 unit property in Downtown Houston. The broker who sent Chris the apartment had financed the property for years, so he felt motivated to help the seller before he went bankrupt or was forced to foreclose.

The Challenges

While doing his due diligence on the property, Chris discovered that sections of the building smelled like sewage and there was a severe roof leak.  There were also some under-management issues that would need to be handled. He quickly began rehabbing.

The Opportunities

Once Chris and I got together and put together our EPartner Pro Forma together we discovered that the average market rents in the neighborhood were $200 higher than what the apartment was currently charging. Once you factor that into the pro forma we found that we could afford a $600,000 rehab, and still have this considered a very good deal.

Financing the Property

The property was selling for 3.1 million dollars. The owner was highly motivated and agreed to take interest only for a year on a million dollars. Chris tried to take the deal to the same mortgage broker that had brought him the property, but they would not finance him because he did not meet their loan criteria. We had anticipated this because the rehab needed was so great and approximately 1/3 of the 90 units were empty.

Chris then began spending eight hours a day for three or four days looking up hard money lenders until he finally found one willing to lend him the rest of the money (2.1 million for the property and 600,000 for renovations) at 13% interest.

Just to clarify, the purchase price was 3.1 million, the seller carried back a mortgage in the amount of 1 million and then you Chris found a hard money lender who paid the rest of the amount PLUS the rehab costs at 13 % interest.


After a year, the property was stable enough to get refinanced by a Fannie Mae lender out of California. It was a 30 year amortization loan with a 4.1 interest rate.  The loan did not require any down payment money besides holding costs.

New Appraisal

At the time of the loan the property appraised at 3.8 millions dollars, but after a few months of full stabilization, it is currently appraised at 6.3 million dollars. This means that after closing costs and commissions, Chris could sell the property today and profit 2 million dollars.

Chris's Next Step:

By April 2019 Chris wants to borrow against the property in order to purchase a new property. He is currently looking for properties off market in the local area.

Encouraging Words From Chris

"First you have to decide whether or not you have the knowledge and experience to get involved with one of the most difficult businesses out there that you would be owning and operating. I would encourage you to look for the very best mentor who will not only give you the information, but train you and stay with you very step if the way.I looked at nine or ten mentors and Peter Harris and his background, resume, and books, all spoke volumes to me. If you want to do this and you want the knowledge and you want to get the experience with someone at your side, go with Peter Harris. "


Chris found a property through a mortgage broker that had huge potential if he was able to purchase it. He did not qualify for conventional financing so he went to a hard money lender who gave Chris money to acquire the property and conduct the rehab. Over the next 12 months Chris was able to finish up the rehab, stabilize the property, and refinance the property with a Fannie Mae Loan.

Once the property was completely stabilized it was worth 6.3 million dollars.  So Chris bought it for 3.1 and now it's worth 6.3 in little more than a year plus hard work If Chris were to sell today after paying the commissions and closing costs he would pocket over two million dollars in profits.


  1. Great video, Peter. Congratulations, Chris, on your deal. I hope your next deal is just as rewarding as the first.

  2. Phyllis Davis says:

    Excellent job Chris. Real cool.

  3. Francis Kin says:

    Great Job Chris !

  4. Coleman says:

    This is so awesome. Congratulations Chris! Your testimonial is very motivating. It re-ignites the fire in me to began in real estate.

  5. Paul Smith says:


  6. Alfredo Ramos says:

    That was awesome, congrats Chris and thank you Mr. Harris you have given me alot to reconsider.

  7. christopher says:

    outstanding review. most of all that was very truthful. that fired me up.

    thank you Chris…

  8. Awesome Chris!

  9. Good job, Chris! Here’s to a great future!

  10. Peter,

    Great article. I come from a similar background as Chris and have been looking into your program, so I really enjoyed this one, Peter. Thank you

  11. High 5 to ya Chris! Also congratulations to Peter…good system sir.

  12. Cleve Clarke says:

    Congratulations Chris and Peter!!

  13. This is a very interesting story. Thanks for sharing the information!

  14. Jetta Baptiste says:

    Thanks for sharing this wonderful story. Great job Chris and thanks a million Peter for your giving heart. I have learned a lot so far from your free book and video courses so far. I’m looking for my first deal right now. I’m really motivated and inspired. Keep up the great job.

  15. Lamar Brown says:

    Great, thank you for your story.

  16. Gregg McCaw says:

    That was a good one , and would want to be doing likewise in the near future , Thanks !

  17. Chris Congrats !!

  18. Great job Chris and thank you for sharing your story!

  19. Great job Chris and Peter. It shows us knowledge and hard work pays off. One day my story will be posted too. Until next time Peter.

  20. LYNN E. MICKENS says:

    I’m Always Encouraged. Be Blessed Peter & all Proteges’

  21. Vance Thompson says:

    Outstanding job Chris! You have proved what dedication and hard work can accomplish!

  22. Great Job Chris

  23. robert tucker says:

    I enjoyed all I heard and it felt good just hearing the winner. with a desire.

  24. Carol Powell Fryar says:

    Awesome job Chris. I’m trying to buy my first property as well.

  25. Melvin Burrell says:

    Great job

  26. Sourav Bansal says:

    Great Job Chris, your story is very motivational! We all know Peter is the best mentor.

  27. Lerome Williams says:

    Wow Chris great job !!! Congratulations Thanks for the encouragement i hope to do likewise in the bear future. Good wishes on the rest of deals

  28. Great job. Congrats Chris and kudos to Peter for great mentoring. I’d like to work with you Peter. I’ve always considered commercial real estate investment, having been a mortgage broker and a realtor before and I have a few properties. This video just rekindled my interest.

  29. Philip seymore says:

    Hi five Chris!
    I want to be like you

  30. Big shout out to Chris, he’s actually where I’m craving to be for the longest. That’s personally encouraging news to me that there’s a way and Peter will be there to walked me through.

  31. Great Job Chris !

  32. David Shives says:

    HI Fives Chris I want to do a deal soon

  33. Oliver Moseley says:

    Super transaction Cris and, apparently, great mentoring from Peter! We are interested in Peter’s system. Oliver

  34. Neff Rivera says:

    Awesome, what are requirements to starting in real estate?

  35. Great Job!! Chris

  36. Congrats Chris, and Peter. Great to hear the “war stories” of what was screwy about the property. Inspirational story.

  37. Chris an Peter great job, thanks for sharing with us. It is very inspiring!!

  38. I love it,learning open nothing but solutions

  39. Mikal Abdullah says:

    Awesome story! I learned so much. Thank you for posting it.

  40. Hi Chris, Peter and Team,
    Great story, exceptional achievement and fantastic approach!
    Bigger deal, greater risk and what a perfect start!

  41. Hello, Chris, good inspiring and encouragement words on the Apartment deal that you have done.

  42. Well done Chris.

  43. MANIJ PATEL says:

    Fantastic job Chris. Well done!

  44. Annette Adamson says:

    Great job Chris.
    You encouraged me to let me know I can surely do the same. Real Estate has been a goal of mine for many years. Mabe i was held off until such a time as this when I could have someone like Mr. Harris to be my one on one mentor so I wouldnt get ripped off by imitators or people with less experience. Great job Cris! Continue on and keep up the good work!

  45. First Sergeant (Dr. ) Candi O. Belle PhD USA says:

    Very interested Peter. I’d like ti talk with you about mentoring me and buying commercial property.

  46. Mark thomas says:

    Well done.

  47. Thomas Rodgers says:

    I’m interested to know how much it would cost me to have you Peter Harris as a mentor? I have always wanted to get into commercial real estate. However, I am starting late in life. I am 76 years old, but I have been a real estate broker for 36 of those years selling commercial and residential properties. However, I am a believer that you can accomplish anything you want to and it does not matter what your age. I am enthusiastic and a very hard worker. It is very difficult to get me to change directions when I have my mind set to move forward.

  48. Good job, Chris!

  49. Awesome job Chris. Kudos to super mentor, Peter.

  50. thanks for the encouraging article


  52. I wish to purchase and rehab Commercial and Residential Property.

  53. Marvin Hall Jr says:

    Please send info on how to get started


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