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Updated over 1 year ago on . Most recent reply

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7
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Justin Thomas Schmied
9
Votes |
7
Posts

Privy - Is anyone using this and if so, successful?

Posted

Hello all,

I just signed up with Privy which is a tool that is used to find deals like Propstream. However, Privy uses investor data and its own algorithm to find deals using a % of ARV that you set up in the search. So far, I have found, very quickly, what seems to be many good deals in my market.

I was curious if anyone else is leveraging Privy to find deals and make connections in hot markets around the country?

I was also curious if anyone in ANY market, would be willing to JV or partner up on a flip or a wholesale deal?

Let me know, I would love to connect with investors who have used Privy successfully and would want to partner up! 

Most Popular Reply

Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
4,152
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4,205
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Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
Replied
Quote from @Dominik Makaneole:

I feel it's important to share a cautionary tale regarding my experience with Privy. Regrettably, their business practices have left much to be desired. Around a year ago, I decided to give Privy a try. Initially, the tool seemed promising, although I did notice some local listings were absent from the program, which was quite concerning. The tools they offered were valuable, provided the data was accurate and up-to-date. Unfortunately, that wasn't the case in my area.

Recently, I was shocked to receive a bill from Privy that not only charged me for my annual fee but doubled the charge. Despite no longer using Privy, I asked for a rebate, a request I believed was reasonable. However, they not only denied my request but also charged me for another full year of their service, which I no longer required. It would have been fair for them to bill me for the time I had used and refund the remainder, but that wasn't their approach. This incident has raised significant doubts about their integrity and business practices. I now find it difficult to trust a company with such questionable behavior moving forward.

That is why you should always use a "gift card" like Vanilla Visa from Wallgreens, CVS, Safeway, etc for subscription services you want to try out. Sorry you got caught up in one of those subscription loops. Automatically take money, give no refund.

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