All Forum Posts by: Andy Borses

Hi Dan,

I am looking for 2 tickets I am hoping you still have them?.

My new partner and I bought a duplex in St. Louis through conventional financing and we are closing in less than two weeks however we haven't formed an LLC - We both have our own LLC's but we just formed this partnership and haven't established one yet between us. The loan is in both of our names...so the question is how do take out insurance on the property...some insurance companies are telling us that we have to take out insurance within an LLC...is that true, and if it is then how do we do that since we haven't closed and can't quit claim the property into the LLC?...or am I not asking the right question?

Thanks to everyone that replied to my post that really helps.

I am doing the BRRR strategy and I'm finding it difficult to find good deals in several states because of Low Inventory and High Demand. When I run the comps from 6 months to a year ago I'm finding that the ARV is less than the 70% rule because of the fact that the homes that sold in the past 6 months to a year sold for less money due to supply and demand.

So my question is... who is running into the same issue, and what advice if any would you suggest on overcoming this trend I'm seeing?  

Hi Jim...My wife and I are in Santa Clarita as well and would like to be part of the group...Thanks, Andy Borses

I am new to bigger pockets and was excited to try your deal analyzer but the link does not work?

I read your response about the Protege Program and Iw anted to see if you are still doing it and getting the results you were promised, I've considered other programs but they all seem the sam give us 10-30 k and then we will let you see the magic behind the curtain. I am finding it very difficult to find a true mentor who isn't selling something for 30k...I was hoping Richard was that guy?

Hi Brian,

Thank you for reading my post and voting on it...To answer your question...Yes, I am waiting on the refund and will keep you posted.

The video to buy the product showed that FLIPSTER came with everything he advertised for $97 which is too many to go into on this thread - But when I bought it for $97 as advertised in the video those features were locked out unless I paid the $297 a month which was misleading and that is the issue!  

Does that make it clear...As I said I am willing to pay as long as it is transparent and not hidden.

I've been doing my due diligence watching YouTube Videos and figuring out who is the best person or place beside Bigger Pockets to start learning about Wholesaling, Flipping, etc... I found Jerry Norton on YouTube and started watching his videos I came across one where he takes you through a deal he was scammed on which I haven't seen anyone do before. 

Long story short he called the scam wholesaler on the phone so we could watch how he handled the situation...Jerry told the scammer he should have been upfront and disclose some things about the property and then talked about being honest and upfront - 

I clicked on a link about his FLIPSTER software and of course, then I was emailed an opportunity to get FLIPTSTER his proprietary software for $97 I clicked on that link and  I watched another video showing all the great things that FLIPSTER can do, so I bought it and then after the sale was completed I was taken to an upsell page which basically told me that everything I wanted out of FLIPSTER wasn't available to me at the $97 price point and if I wanted all the features I saw in the misleading video I would have to pay $297 a month.

I emailed their so-called manager and sent the video that I recorded with the exact time Jerry talks about getting FLIPSTER for $97 and waited a day to be told that Jerry says in the video that the $97 is just the starting point - which it does not - I asked her about integrity and she never answered me she only told me she was canceling my order - Really that's how you want to do business? 

I agree that you should pay to get good training and good software tools to help your business grow, and I would have been willing to do that if that was stated upfront but it wasn't! 

So JERRY PRACTICE WHAT YOU PREACH!!!! 

So here is a link from internet scam artists site that backs up my claim... https://internetscamsonline.weebly.com/

Beware of Jerry Nortons claims