The Deal Funders- Gary DuBose

[Valerie Alexander]

Has anybody been to his training or have any info on him. My husband is going to pay the 1000 membership fee and I feel like that is a lot of money. He said that these guys fund deals- 100% but take 85% of the profit. Seems like a lot of work for small profit even if there is no risk becuase not using any of your own money...

Curious to hear opinions or comments.

Thanks,

Val

[Mike Nuss]

Hi @Valerie Alexander 

It sounds like your husband is paying to be a "bird dog" and I don't mean the $1,000. I mean the 85% ( $1,000 for life time education is about as cheap as it will get).

Most gurus (I've met Gary before, but I have no experience or knowledge of his courses) do not know the Portland market. His system is great for him. He gets a lot of people paying him 1k to be a captive education audience and feed him really high profitable deals. 

I'm assuming in our price ranges he's probably looking at 100k deals. If your husband does find a 100k deal....why not wholesale it for 15k to a local investor that can act quickly and be a repeat buyer for you that is knowledgable in the market place? This route gets you paid upfront and really takes out the risk (I'm assuming his system is like most...you get paid on the back, if he's a successful manager of the project).

Most people get into REI because they want freedom and income. Working a guru system typically makes you a glorified employee without the freedom and resources to get to the ultimate end goal.

Networking with local players will get you to that end goal much faster. 

Good luck. Portland is an exciting market to be apart of. Enjoy it!!