Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate Technology
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

21
Posts
15
Votes
Jordan Laney
  • Investor
  • Chicago, IL
15
Votes |
21
Posts

DO NOT TRUST CHICAGO DEAL VAULT!

Jordan Laney
  • Investor
  • Chicago, IL
Posted

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. 

  • Jordan Laney
  • Most Popular Reply

    User Stats

    6,024
    Posts
    5,069
    Votes
    John Warren
    • Real Estate Broker
    • 3412 S. Harlem Avenue Riverside, IL 60546
    5,069
    Votes |
    6,024
    Posts
    John Warren
    • Real Estate Broker
    • 3412 S. Harlem Avenue Riverside, IL 60546
    Replied

    @Jordan Laney sorry you had to learn the hard way... paid programs are garbage generally. Most information is free in 2022, and most strategies have been talked about ad nauseum. You already have two properties which is awesome. Now go check the MLS, commercial brokers lists and talk to sellers to get number 3!

  • John Warren
  • Loading replies...