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Once joining, a lot of it seemed outsourced and I was distant with my mentor (Joe). I really wanted to try Wholesaling and thought his approach to Lease Options was interesting and expected a sort of 1 on 1 or Small Group type of course but there was nothing like that. Thanks for your feedback, I also feel as if you can learn anything for free and some of these courses out here are underdelivered and overpriced. I reflected upon my post and I believe I was overexaggerating it, but that was most likely because I had such high hopes. Nice to see a thorough review of one of these courses. Others may disagree with cash advance inc your findings but I found the info helpful. They are also not prevalent in this stage of the market cycle. I did a ton 10 years ago when lots of people had little equity.
I always thought he was a scam, but several other investors I know and trust like him, so I ended up buying some of his lower level stuff, books, recordings and whatnot.
I just hate those kinds of marketing tactics, so I would never buy any more of his stuff. The way I grew up was being raised extremely frugally and investing in this course has made it so my parents have less trust in me in regards to real estate. From their cash advance inc point of view, I made a stupid decision and they no longer want me to become an investor and rather see me go to college. If you were in the same shoes I was when I attended his webinar, I was also extremely convinced Joe would fully deliver all of his promises and that his Lease Options strategy would be the best. But considering that he was offering me a 90 day guarantee, what could hurt by trying it? Right from the introduction in the course he tries to get you to upsell you with REI Simple without knowing much about it. In the first video he spends around 5 minutes trying to explain Lease Options but completely fails.
You have no foundation at all, but he wants you to pay and sign up? Each video throughout the course consists of staring at a mind-map presentation and listening to his monotone commentary. Many of the videos are old and there is little effort put into the quality of them. As a student I had access to his Facebook groups and some of his cash advance inc coaching calls, they were okay and they pretty much answered questions for you however it was usually someone other than Joe who helped me out.
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The way he explains things can be extremely confusing and the quality is not worth the price. There were many points where I became so frustrated with myself with being overwhelmed and also not being able to understand that I was ripping my hair from my head! After being in the course for a while you notice a lot of the things he does is outsourced, which is super amazing since he can run it hands off but the only problem is that it lacks real sincerity of 1 on 1 coaching. Without the 1 on 1 coaching the price for the course is not worth it, you only get access to the lengthy videos and under delivered bonuses. The Price for the Course, and the upsells are by far the worst. Many of the bonuses have certain home loans for vacation property terms that are an upsell such as REI Simple and the VA Center he provides. They ended up being super picky with mine and declining a bunch of others. Now they want me to send a picture holding the check that was technically my money from the start. If cash advance inc you really want to Learn Lease Options, search up REI Conscious on youtube. The part I am unclear on is what was the Money back guarantee period????
Also if you can bad credit loans direct lenders no fees find anywhere that it indicated 90 days, then it is 90 days. I know nothing about Joe McCall, but if he does not honor his need cash guaranteed online loans until payday warrantee I know enough that I would recommend all investors avoid his program like the plague. If you had a 90 Day money back guarantee, and you do not feel the program was worth the money then you should get your money back.
As for getting your parents assistance 1) they are not obligated to assist you in RE 2) If you cannot convince them to assist you in RE then maybe you need to further your skill set. Furthermore, San Diego (historically high appreciation markets) is a tough lease market because the seller is taking risk of lost opportunity that is tough to justify. I do not think it was the correct lesson for this market at this time. With regard to my parents, I want bad credit loans direct lenders no fees a good relationship with them so they can build my credit history.
I have heard wholesaling is tough but despite having less volume it has larger spreads in San Diego If you requested a refund in 90 days or less, he should refund your costs. This may help with getting your parents to have more confidence in you financially. If you are due a refund, do not take no for an answer. The one thing I do not like is that you cannot serve cash advance inc him personally which is for me the biggest hurdle. To be blunt, if you cannot handle this then there is likely to be other issues that arise in RE investing that you will cash advance inc be unable to handle.
You need to persuade people that selling to you is a better option than calling any of the other numerous solicitations they get in the mail every week or listing it with an RE agent. You also need to convince them to sell to you at a price that would allow an investor to want to purchase from you.
Note some of the solicitations in the mail are not from the wholesaler but the person who is rehabber investor. You need to be able to sell significantly below market price to the bad credit personal loans in arizona investor while still making a profit for your efforts. Virtually every property we purchase has a value add and virtually all the value adds have been the boring rehab.
I want the next value add to be an ADU addition, but the appraisals are undervaluing the ADUs so refinance to extract capital seems unlikely. It would be smarter for me to purchase an RE already with an ADU, but I kind of want the experience of building an ADU to add to my existing experience. Most of our properties have been purchased off the MLS. There are not going to be many killer deals on the MLS and yet I think most investors mostly purchase off the MLS. It had some issues, but at that price it will have issues. We have not yet purchased from a wholesaler but I am not adverse to it. My issue is none of the wholesale offers I have seen are that great.
They usually are high on estimated ARV and low on estimated upgrade costs.
If you cannot do that, then you will encounter other issues that you have difficulty overcoming. You did a great review, but still not an easy lesson to learn!
With regard to my parents, I want a good relationship with them so they can build my credit history. I have heard wholesaling is tough but despite having less volume it has larger spreads in San Diego OK. Have your parents call the company, tell them you were not authorized to make this purchase, and they want it refunded or they will dispute it with their CC company.
He is right, guarantee or not, Joe owes you the money back. While you may not have learned much about real estate you have learned a lesson about life direct personal loan lenders and business. You can learn something from every Guru Program but no program will teach you everything you need to know. Taking action and learning from those actions are key to moving ahead.
My banks that participte in small dollar loans wife is usually the one that thinks it is not a good deal. I have contacted me team to send you a complete refund ASAP - for my course and REI Simple.