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Updated over 1 year ago,
Is SubTo A Waste of Time? My personal results.
Dear "Last sanity check"
This is coming from someone who joined about 4 weeks ago.
I didn't join for the content, I joined for the network.
That said, I'm not sure why you'd need to find ACTUAL results, those are plastered all over YouTube. (search subto, morby method, gator method, etc.)
If you ACTUALLY have capital, there are deals galore in the group. Now, you might not be buying in that particular area but I have not had a single day without a deal popping up. No, I don't have a spreadsheet tracking where each deal is compared to population density, average rent (short-, mid- and long-term) or other data. That would be either stupid or a researchers job, and I'm neither.
In those 30 days, I have about $20M in private lenders who can provide $30-$100k for SFR, 1 lender who can provide balance sheet lending for multi-family deals up to $15M equity checks, and lending group that can provide debt finance for $6M-$15M
That's exactly what I joined for so I'm getting what I want for my money.
If you have a clear understanding of what you want to get out of the group, I'm confident your MOIC will be absolutely freaking phenominal.
Since you asked about ACTUAL results...
Let's address the whole "it didn't work" routine. Years ago, I was one of those "guru" types. I'd had a great career trading for hedge funds and decided to teach retail traders. We sold DVDs (I said it was years ago). That means we got physical returns. 80% of those returns had ZERO product opened. That means the person didn't look at a single shred of education. Obviously that "doesn't work" for anyone.
Are the methods legal? Yes.
Are they so outlandish they only apply in rare cases? No.
Are they applicable for every property in any area at any time? No.
Does that mean you might need to do some work to discover where the method can be used? Yes.
Once you discover how the method can be used, can you then use it without spending a crap-ton more money? Yes.
Is the group ACTUALLY helpful? Sorta. By sorta I mean there are a LOT of newbies in the group. They are minimally helpful because they're new. And, since the experienced people are busy, and there is a cubic-***-ton of instructional content, experts on live Zoom calls every day... you might need to actually do some work or get on a call and ask questions. So it depends on what you mean by "helpful". Will everyone spoon-feed you answers? No. Nor should they.