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Updated 12 months ago on . Most recent reply

User Stats

9
Posts
32
Votes
Gil Erez
32
Votes |
9
Posts

Any opinions about vestright, Cody Bjugan’s 15-18k course?

Gil Erez
Posted

Hi. I recently discovered Cody Bjugan’s work on youtube. And have been intrigued. If what they say is true, it is a way to make a 6 to 7 figure income on your phone in as little as 10 hours a week finding off market land and getting it ready for land developers to build on. 
The course is not cheap. $15k in one payment, or 3 payments of $6k ($18k). 
If a 6 to 7 figure income is realistic in a relatively short period of time, and I could really do it with 10 hours of work a week from anywhere with internet, than it would be a great investment. I’m just not really sure that it is that simple. And I don’t have $15,000 -$18,000 to waste.

Any feedback regarding this course? Vestright? Cody Bjugan’s work?


Thanks much. 
-Gil.  

Most Popular Reply

User Stats

6
Posts
18
Votes
Brad Costanzo
  • Real Estate Investor
  • Dallas and San Diego
18
Votes |
6
Posts
Brad Costanzo
  • Real Estate Investor
  • Dallas and San Diego
Replied

Maybe I'm biased because I know Cody personally and am a student at VestRight.  Take that for what you will. 

I'll address the questions I see here.

Cody never says this is easy and requires very little work. It's the opposite. He says he doesn't want anyone who isn't committed and persistent and patient. 

However, most of the work involved involves searching for off-market raw land with development potential, finding the owner and seeing if they're willing to sell.  This can easily be done in 10 hours a week.  

Once you get a piece of property under contract, then you're outsourcing all of the entitlement work to experts and basically managing that part.  

With this model there's no need to do dozens of deals at a time, in fact, one deal a month can literally be worth 7 figures.  Spending 10 hours a week shepherding that is time well spent. 

In many cases, but definitely not all, students partner with Cody's development company to handle the entitlements and the exits to homebuilders for a profit share which can be mid-six figures for simply bird dirt-dogging the deal.  In fact, here's a video of Cody cutting a $600,000 check to a VestRight student who bird dogged a deal for him. 

@Chris Seveney is normally correct here in that "most" people making 6-7 figures are simply selling courses.  In the video above, Cody made more money on this deal with a student than VestRight has made in its history teaching this to students.  (Cody told me this directly)

@Scott E. LOL at your quote "You shouldn't pay ANYBODY this much money for their experience. There is no way that he or anybody will give you $18,000 worth of value."  

You are an online real estate investing mentor yourself. You're telling me that with your success, nobody should ever pay you to help shortcut their experience?  You said "There is no way that he or anybody will give you $18,000 worth of value."  That's really interesting and as a mentor you might want to reexamine that belief.  None of your mentees have ever made more than 18,000 with your advice?  

Also, Cody isn't a Youtuber, for 20 years he's been doing land deals. In fact, you should reach out to him and have him on your youtube channel if you're skeptical. He lives in Scottsdale as well. Hit him up with that request and tell him Brad sent you. I think you'll be surprised at how different what he does is compared to traditional REI.


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