All Forum Posts by: Adam Macomber

I work with Uptic all the time, they are a great choice. I do the electrical design on some of their projects. If you do contact them, ask them for Summit Engineering to do the electrical design portion and maybe we will connect in this small world. :)

SAVE YOUR $1000!!!

I signed up for this after checking out the webinar, reading the site and then calling the 800# to verify the requirements of $400K-$1M and lot price of 15% of the final home price (I am not going to complete detail but you get the jist).

So after you sign up and they get you in the system you find out there are many more criteria and you cannot even submit a deal unless it meets all the criteria.

Here are some of the goodies they don't tell you until you pay them your "deposit"

1) If the lot is listed for sale, no matter how low it is or if it meets all the other criteria, you have to get the lot under contract for at least 10% under listed price.

2) The projected sale price of the home has to be between $400K and $1M, but it also has to be OVER $175/sqft. So if there is a nice development in your area like I have in mine that meet all the advertised criteria, they may not qualify if they are large houses. Basically the house has to be a maximum size of 2285sqft  -  5714sqft respectively. In my area the $600-$750K houses don't qualify because they are all around 4500-5000sqft putting them below the $175/sqft threshold.

3) The lot must be less than 1 acre. So no giant country vistas.

That's all I can remember off the top of my head. I am sure there are areas you can find with qualifying deals, but with the criteria so specific there are only a few big cities with these areas, and every wanna-be flipper that buys this system are all fighting for the few lots available in these select areas. So if you have a way to find these and lock them in, then this would be a good system for you. Even though their training says to pick one region and preferably a local region so you can work with local people to begin with, when you call and talk to their "coaches" (if they have time for you) they tell you that they are finding deals all the time, you just have to keep searching until you can find the right area, with the right lot, with the right deal, then turn it over to them.

If you are capable of doing these things, don't waste your time turning the deals to them, just find that good of deals and do them yourself.

I hope this saves someone the "deposit" money they would never see again.

I'm always looking, do you have something Scott? Also, are you related to Scott Reed the retired teacher/administrator from East Valley School Dist?

Thanks!

I'm on now.

I just got my text message with a link 40 minutes ago for the webinar I signed up for (How to Quit You Job...) and the link it takes me to says the webinar expired and was yesterday? WTH?