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Updated about 6 years ago on . Most recent reply

User Stats

11
Posts
6
Votes
Jayakrishna Bommasamudram
  • Investor
  • Iselin, NJ
6
Votes |
11
Posts

Fortune Builders - Systems - Software

Jayakrishna Bommasamudram
  • Investor
  • Iselin, NJ
Posted

Hi Guys

I just went to Fortune Builders 3 Day event. It was very entertaining.

I did not sign up for the Mastery Program, but all the functionality of the Software Package is making me drool. 

I am a software developer so I know the value of software and automation as that's all I do.

Wants

1. Rehab estimator, with to do, I like Homewyse as that is Zip Code

2. Comparable estimator

3. 3 click marketing campaigns based on active lists 

Is this for real??? Has anyone used these products?

The guy claimed direct access to wholesalers who know what rehabbers wanted (70-80%ARV), I have yet to see these deals on BP.

Contractors who know the systems for the remodel per remodel number(they go to home depot and know exactly what sku # to pick up and labor is coming in at $2-4 k per room.

These are supposed vetted contractors who will sign the 6 document agreements.

Any feedback on the systems and software is much appreciated. I have yet to see a book or google search that tells me what to do at each step. These systems seem amazing. Anyone use these ipad apps to cost build a rehab?

Most Popular Reply

User Stats

67
Posts
22
Votes
Aaron Mercer
  • Investor
  • Pokolbin, NSW
22
Votes |
67
Posts
Aaron Mercer
  • Investor
  • Pokolbin, NSW
Replied

@Jayakrishna Bommasamudram Yes! I am anti-guru! It takes some convincing for me to part with the $20k or more these guys are asking for courses. That's the down payment on a house in the market I play in.

I don't understand software. I'm a pen and paper guy or at best an excel spreadsheet, so I fail to get the 'drool' factor for these tools. Both yourself and @Helen Kirk are Pro Members here on BP and as such can use the analysis tools as frequently as you wish. For estimating rehabs just buy the books from @J Scott - "The Book on Flipping Houses" and "The Book on Estimating Rehab Costs". A website like Zillow can offer you comps.

What else do you need?

I think @Jeremy Tillotson hit the nail on the head. These 'gurus' are marketing pimps.

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