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Lou Vukas
Anyone have any experience with this guru or his courses?
His company is called Platinum Acquisitions. Thanks!
I have experience with his course, but you won't get all the property leads he says you will. He uses basic newspaper ads and bandit signs.
What are you wanting from his course?
Thanks GetSmart!
I was mostly interested in his Commerical RE course. He also claims to have lots of funding sources that he will share. He even claims to provide your 1st commercial deal (in your home zip code) with a minimum of $20K profit to you. I guess when things sound too good to be true, they usually are. Much like his add is going to outproduce all other adds by 5X as he claims. I dunno..........
IMHO, most RE courses today are recycled & redundant versions of Ron Legrands & Carleton Sheets courses from 1990. I still own both of them and have used many of the techniques they disclosed.
But when a course is <$500 if you get one usuable technique thats new to you, then its time & money well spent.
I just received an e-book from Lou Vukas that I believe is called Tax Lien Secrets Revealed - America's Last Untapped Goldmine. It also has a heading of $0 Down Real Estate Buying with bad credit & no job. This is going to be my first piece of investing literature recommended by my boss. ( Who is a well established REI himself) Any feedback on this program will be much appreciated. I'm going to read this and any other information thrown my way, but I want to know whether I need to keep anything in mind. Thanks guys. Evan.
I did purchase his commercial course as well. Its actually a dvd or at least it was last year of a very boring guy that talks non stop for four hours.
It doesn't have any diagrams or anything. His voice never changes pitches and i fell a sleep on on the dvd at least four times trying to keep up. The guy is the same guy that is on his private money dvd and another one of his dvd's i think the short sales dvd.
You will be better off going to the library to get information. The site he turns you onto does have some deals but they are very marginal.
Originally posted by "amaizingblu":
I was mostly interested in his Commercial RE course. He also claims to have lots of funding sources that he will share. He even claims to provide your 1st commercial deal (in your home zip code) with a minimum of $20K profit to you. I guess when things sound too good to be true, they usually are. Much like his add is going to outproduce all other adds by 5X as he claims. I dunno..........
IMHO, most RE courses today are recycled & redundant versions of Ron Legrands & Carleton Sheets courses from 1990. I still own both of them and have used many of the techniques they disclosed.
But when a course is <$500 if you get one usable technique thats new to you, then its time & money well spent.
Two things.
1. You will find that most of what RL and CS have to say was said by others before them. Not that they recycled other people's materials. Just that most ideas for RE investing are based on very tried and tested concepts that predate them both.
2. Consider Ray Alcorn's Dealmaker's Guide to Commercial Real Estate. I have a copy of the manual and have spent time with Ray on multiple occasions.
Ray has been a commercial RE investor for over 25 years. He learned the business from his father. Ray and his brothers run the firm they took over from their dad. He focuses on offices and multi-family properties now. He has done development, manufactured home (MH) parks, MH sales and a hotels.
I completely agree with amaizingblu when he says 1 good idea can easily cover the price of a course or seminar. Most people fail not because the materials were weak. They fail because they do not apply what is covered in the courses they have purchased.
As Yoda might say: Easy it is not. Work it does. Lazy are too many.
John Corey
REI, I'd love the link for Alcorns info. Thanks!
I did go ahead and order the Vukas commercial course. He threw in a few freebies too and the whole thing was only $200. If its as GetSmart describes, I'm sure I'll fall asleep too. Then return it for arefund after I wake.
Thanks guys!
amaizingblu, tell everyone what you thought about the course. Maybe you had a better from motivational experience than i did.
Your comments are sure to help others no matter how you feel about the course.
:violin:
So far, I'm not real impressed.
I just got it on Monday evening. Very slow delivery. I have not watched the dvd's yet. Though, I am only a couple of chapters into it; the written material appears to be a very basic course in commercial RE investing.
I'll post more when I finish it early next week.
He claims that he will send you your first commercial deal with a minimum of 20K profit in it...... He sent me a triplex (HUD-8 candidate) that had just been re-habbed by a guy I know who bought it from a disgruntled landlord. Hardly what I was expecting.
:boring:
I bought his course, Real Estate Exposed. It was so disappointing that I had to return it. Lou has never refunded me. BTW I have purchased over 50 courses and have kept all but 2.