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Updated 6 months ago on . Most recent reply

User Stats

184
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79
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Erik K.
  • Realtor
  • McLean, VA
79
Votes |
184
Posts

Josh Cantwell 40K Flips

Erik K.
  • Realtor
  • McLean, VA
Posted

Has anyone taken his 7 week workshop? I attended a introduction webinar the other day and am interested to hear from those who have signed up for the program.

http://40kflips.com/

Thanks!

Most Popular Reply

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Chris Martin
  • Investor
  • Willow Spring, NC
3,430
Votes |
5,688
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Chris Martin
  • Investor
  • Willow Spring, NC
Replied

Interesting. I looked up some (4-5) of their flips (all by the same LLC) since I am familiar with several of the cities in their ad (e.g. Canal Fulton) and I have to say there seems to be no exaggeration in the beginning/end sales numbers. I don't know what they put in as far as repairs, though. Many on the list they put together were properties in Stark and Summit county, OH. And from public record the 4 or 5 I looked at are/were REO purchases as they state.

With the amount they seem to be making (with the claim "without doing any of the work ourselves") in their business, why would they bother with seminars? If I were them, I'd focus on the business at hand. I'd have to think that they believe going forward that seminars will be more profitable than the actual flip business. Maybe they see the end of the REO-giveaway cycle.

If I were a shark on Shark Tank, I'd say: 'Because they can't decide what business they want to be in, I'm out'.

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