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Updated over 1 year ago,
DO NOT TRUST CHICAGO DEAL VAULT!
Hello,
My wife and I are new in our real estate journey. We only have two rentals but have closed 3 deals now. A year ago, I posted in the forums asking about a subscription service called Chicago Deal Vault. Someone responded basically validating the legitimacy of the company, so I went on to try them for 30 days (30-day trial) and attend the online seminars. Boy was I wrong. Then again, you live and you learn. I am solely writing this to prevent another investor from making the same mistake. This company is only after the money of its customers! They are the exact "Gurus" that BiggerPockets constantly warn you about. They sell you public information that is inaccurate and the "best" part of the service is hidden behind an upgraded $1440 yearly subscription. IF I KNEW THEN WHAT I KNOW NOW... It is not at all worth it. To top it all off, they will continue to try and sell you on additions and siphon MORE money away from you. In order to keep this brief, I won't go into all the details but if you want to know about my experience with them, please respond or PM me. I drank the kool-aid, please do not fall for their business plan.
They are skilled in manipulation, deception, and TAKING YOUR MONEY! As long as you fall in line, there won't be an issue. But I finally woke up from the trance and tried to cancel the service and that is where their true colors showed. I'll likely have to eat the cost for another year (they wouldn't let me cancel and give me my money back, long story), and that's not what bothers me because I won't miss the money. What bothers me the most is NOT EVERYONE CAN SAY THE SAME! In all honesty, I believed in them but when my knowledge and experience grew, I saw them for what they were. The red flags were there. I guess you can say I am a bit broken-hearted. On the bright side, I can say they won't be the last people to try and separate us from our hard-earned money.