All Forum Posts by: Ben Feder

I see the value in BP. Which is why I'm ALREADY a Pro member! Lol. Glad you are appeasing my humor in that I made the right move. Makes me feel great.

Thank you for the insight. To start off, I agree with you that it probably isn't worth it. But I do want to address the other side of the argument, which is the part of me tugging at me saying I should've signed up for the bootcamp.

They would be setting me up with professionals in the field and successful investors who I can then be networked with and learn from in person, and have in ny loop for life. I would get to see deals being made and then they would essentially hold my hand and walk me through the deals first before I went out on my own.

That's just the other side of the argument on why it could've been worth it. I don't know what to do, to reach out to them and see if I could still sign up or if I made the right decision by passing on the opportunity.

That's comforting to hear knowing that I made the right choice. I guess education in general, not necessarily specific courses, is what matters most.

Would you say it mainly involves confidence to do deals and learning as you go or do you feel being very prepared before making deals is important?

@Spencer Small do you feel the 15-week course was worth more than BP and led directly to your deal made on small multi-family? If so, where do I sign up?

Thank you guys for the responses. I definitely would want to step up my education to the next level however I can to get to the taking action point. I feel like there should be some sort of education or experience/mentorship program where someone guides you from start to finish in the investing process so you get first hand experience doing deals before completely striking out on your own. Anybody know of anything like that that exists?

I went to a multi family investor event today in my local area, and it turned out to basically be a sales pitch for a 3-day bootcamp that they were going to hold in my city toward the end of the month. They were charging $1,495 for the bootcamp, offering products such as software to analyze deals and service of taking us by the hand and guiding us through the investment process from start to finish, with the added bonus of being connected to a network of professionals for life, and people who would provide us money without checking credit-score and only looking at the quality of the deal we find (sounds like hard money lenders to me basically). I am not sure if this is worth it; I feel the content on BiggerPockets, the tools, and the social network here more than pays for what they were offering in the bootcamp. Feelings? Should I have paid for this bootcamp? Does BP offer enough or is there always more to learn? Scam or legit?

Thanks! Definitely sounds wise to check it out in person. My plan is to crush it, along with any partners and team players I work with, so hopefully things work out.

 Is a QI similar then to an escrow?

My idea with checking the houses isn't to see it after rehab, my idea is to know in what condition the comps are to be able to compare it better so I can adjust the value slightly in my calculations (for example, my comps could be similar size, bedroom and bathroom same number, but one is built at a different date, has some water damage, etc.).

What is "QI"?