All Forum Posts by: Aaron Vernon

Bill, 

I just completed flight school. I started listening to Mark Podolsky after hearing him on a podcast. That was about 8 months ago. I listened to most of his podcast "The Best Passive Income Model" and followed on to listen to "The Art Of Passive Income" podcast. He was very genuine with what he spoke about. He is no hype guy. He isn't a polished perfect salesman trying to get you to buy his product. The first purchase I made from him was the Investor's toolkit. It included the tickets to a bootcamp. I didn't quite make it completely through the toolkit with my wife before we both attended bootcamp. Bootcamp really pulled the wool from our eyes. I felt the reality of the inside workings of the business and was able to connect with those that have actually found success in the business. During bootcamp, they mentioned flight school and that many of the room was actual people actively attending school. My wife and I decided that because we really wanted to move forward to make a true effort to make this business a reality in our lives. We inquired about how much it would cost, and moved forward in signing up at that time. 

We are 2 weeks out of school now and can tell you for sure that it is worth the money. You not only learn deep details about the business, but also meet a bunch of like-minded individuals from many backgrounds which help you learn as they also learn. The other half of the puzzle is that you get accountability. You are held to a standard. There is friendly push from the teacher. So many details are revealed. I have closed on 1 property and have 12 more in the works. 

All class materials are able to be re-watched again and again. 

My big plan is to use the land business as a spring board to replace my income and allow me the freedom to move on to my loftier goals. 

All in all you might understand that I am satisfied that I have gotten every penny's worth.

If you are skeptical of the value, I understand. This is the first program that I committed to. It is amazing. 

Good Luck.  Ask me any questions if you like. I am more than happy to help. 

I would really appreciate that.  Thank you Chris.  

Thanks Eric. Yes,  that seems to be the concensus.  They wanted  3600 per year.  I am definitely shying away from them.  Thank you for your input.  

Jason,  

Their pitch was pretty much claiming to be able to eliminate brokers in an effort to save on commissions.  With my first purchase still in the works,  I am researching what makes sense.  I thought it might make the research a little easier without contacting outside sources until I was confident with my deals. Maybe my assumptions about a broker client relationship are a little misconstrued.  I thought calling a broker with questions on properties' values would be a waste of their time.  My inexperience pops up in these discussions.  That is why I was asking.  Trying to become informed before investing unnecessary money when there is a better way. 

Thank you for your input.  It is very helpful. 

thank you for your input.  Always best to check with BP contributors.  Again,  Troy Beebe, thank you for the help.  Chris Tracy,  thanks for the offer.  

I have been growing my knowledge of many interesting areas of real estate investing. I want to find my niche that will peak my interest and allow a long term involvement in the investment industry.

Yesterday afternoon, I met with a representative of the Costar company. They sat down and gave an introduction to their website. Of course, they were trying to gain my business, but they were very forward with price. I felt there was transparency in everything they did. The website is more of a research site which tracks commercial properties. They have a wealth of information available for an investor to use. It seems that it could reduce many hours of research needing to be done by a prospective buyer.

Has anyone heard of them? Is anyone a member of their site? Please let me know.

And if anyone was wondering, the minimum cost quoted to me was approximately 3600 per year.

Any input would be great. 

I haven't been involved lately in discussions on the forum. However I have been growing my knowledge of many interesting areas of real estate investing.  I want to find my niche that will peak my interest and allow a long term involvement in the investment industry. 

Yesterday afternoon,  I met with a representative of the Costar company. They sat down and gave an introduction to their website.  Of course,  they were trying to gain my business, but they were very forward with price.  I felt there was transparency in everything they did.  The website is more of a research site which tracks commercial properties. They have a wealth of information available for an investor to use.  It seems that it could reduce many hours of research needing to be done by a prospective buyer. 

Has anyone heard of them?  Is anyone a member of their site? Please let me know.  

And if anyone was wondering,  the minimum cost quoted to me was approximately 3600 per year. 

Any input would be great. 

The town in question is Olean, New York. Thank you all for the great input.  I really need to do more research. You all have given me much to consider. 

I am interested in investing money in upstate New York where the economy is not the best,  but also not the worst.  I can purchase properties for 20k that need about 10k in repairs that currently rent for about 400 per month.  I understand that their minimum wage will be steadily increasing over the next few years.  I am trying to figure out if this increase in minimum pay would help or hurt rent prices. Am I missing something in my analysis?  I figure that I'm getting in the market while values are low. Do rents follow minimum wage increases?  Or can they crush job growth?  Will I be holding a worthless property because businesses will just move to another state? 

thank you for the great advice.  As I am in my infancy of investing, I am here to read and learn to hopefully avoid pitfalls of others.