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All Forum Posts by: Ruben Morgan

Ruben Morgan has started 4 posts and replied 19 times.

Post: TCS Foreclosures - need help...

Ruben MorganPosted
  • Banker
  • Denver, CO
  • Posts 40
  • Votes 0

It's hard to talk yourself off that ledge when you get excited about something and are set to go. Thank you everyone for your opinions and reasoning. I'll be pursuing other means of learning and finding Investors. I also think that I'll be wholesaling instead of bird dogging as well.

Post: Colorado Anybody

Ruben MorganPosted
  • Banker
  • Denver, CO
  • Posts 40
  • Votes 0
Originally posted by "biggerpo":
I'm going to be putting together a Denver Networking event in the near future. Stay tuned!

That'll be great!

Post: Colorado Anybody

Ruben MorganPosted
  • Banker
  • Denver, CO
  • Posts 40
  • Votes 0
Originally posted by "Wheatie":
Originally posted by "luckylily":

www.carei.com
Great group, ran by Bill Bronchick

Have you been to a CAREI meeting? This seems like the only face-to-face group in this area. I live on the west side, Wheat Ridge, to be exact.

I just moved out of Wheat Ridge to Reunion.

I'll check that website to find out how to get in contact w/ them.

Thanks,

Post: TCS Foreclosures - need help...

Ruben MorganPosted
  • Banker
  • Denver, CO
  • Posts 40
  • Votes 0

Is there another way to make money on short sales?

Post: TCS Foreclosures - need help...

Ruben MorganPosted
  • Banker
  • Denver, CO
  • Posts 40
  • Votes 0

They guarantee that if I find the homes with the right numbers (and can prove it) they will get bought and I will be paid a finders fee of 5-10%.

Post: TCS Foreclosures - need help...

Ruben MorganPosted
  • Banker
  • Denver, CO
  • Posts 40
  • Votes 0

Hello everyone,

I'm a new member here and have been doing a lot of reading and trying to use the search function as much as possible before asking questions. But now I have one for everybody and I would greatly appreciate some help.

I live in Denver, CO and the foreclosure market here is good (for investors). I was approached by a company called TCS Foreclosures to do what they call research on properties. The goal is to negotiate short sales for $0.70 on the dollar including rehab with the bank and the current owners of the property. The guarantee is that if my research is correct their investors will buy them and I'll get paid a finders fee.

Well they are selling an 18 week course on how to nogetiate short sales along with access to their investor network for a pretty penny ($7500). The classes are conducted via open mic conference call with 50 students at a time that can interact with other students and the instructor. I'd assume that this would make it easier to hear legitimate complaints, but if I've paid money then it would too late...

My questions are as follows:

Is this course worth it?

Does anyone think this course will allow me to make finders fees faster than I would trying to do this same business on my own?

Is there a more cost effective way to get access to a large group of investors that will buy discounted homes/properties?

Is there a better short sale program out there?

I actually have about 10,000 more questions, but I would greatly appreciate any answers as a starting point.

Thanks,

Post: Looking for Colorado REO's

Ruben MorganPosted
  • Banker
  • Denver, CO
  • Posts 40
  • Votes 0

With everyone here from Denver we should start a Club to help each other out...

Post: Colorado Anybody

Ruben MorganPosted
  • Banker
  • Denver, CO
  • Posts 40
  • Votes 0

I'm in Denver - just joined today...

Very much a Noob.

Post: New guy checking in

Ruben MorganPosted
  • Banker
  • Denver, CO
  • Posts 40
  • Votes 0

Hello all,

I've been lurking w/o registering for a few days now. I'm loving the information here, so I decided to register. Thanks for all the information!

I look forward to learning a lot here.