All Forum Posts by: Justin Buswell

I am writing this review to express my profound disappointment with James' mentorship program, particularly regarding the conduct of one of his top students, Kristin Witherspoon. Despite the program's claims of providing exceptional training and support, my experience with Kristin has been far from satisfactory.

First and foremost, I find it necessary to address the issue of non-payment. As a former employee of Kristin Witherspoon, I was subjected to repeated instances of non-payment, which is a clear violation of basic employment principles. It is disheartening to witness a mentorship program that boasts substantial financial success, with students allegedly earning substantial monthly incomes, yet fails to ensure that their own employees receive even the minimum wage they are entitled to. This lack of responsibility and fairness raises serious doubts about the integrity of the program.

Additionally, Kristin Witherspoon has also demonstrated a concerning pattern of wrongful terminations. It is alarming to witness someone in a prominent position within James' mentorship program engage in such unethical practices. Wrongfully terminating individuals not only disrupts their lives and livelihoods but also reflects a lack of respect for their rights as employees. Such actions are wholly unacceptable and should not be tolerated within any professional environment.

The discrepancies between the program's marketing claims and the actual conduct of its top students, as exemplified by Kristin Witherspoon, are deeply troubling. While James' mentorship program promotes the success stories of students making substantial income, the reality on the ground tells a different story. This stark contrast leads me to question the legitimacy of the program and its purported benefits.

In conclusion, my experience with James' mentorship program, particularly through the actions of Kristin Witherspoon, has left me disillusioned and skeptical. The failure to fulfill basic employment obligations, coupled with wrongful terminations, indicate a lack of integrity and professionalism within the program. I cannot, in good conscience, support a mentorship program that fails to prioritize the well-being and fair treatment of its employees. Proceed with caution when considering this program, as it may not live up to the grand promises it makes.

I am also considering signing up for the program.  It is a 4 month program for $8000.  They sound very knowledgeable and I am interested in jumping into the customized course they offer.

Considering doing their course. Currently working with a mentor, and I plan to give him a chance before I jump to something else. I'm 50/50 on reiGC right now. The people I've spoken to are knowledgeable and helpful. If I didn't have to use credit for a portion of the course cost ($7k) and marketing costs ($1k/mo), I would do the course.

It's December and time for another Las Vegas update. Note that the charts only include properties that match the following profile.

• Type: Single-family

• Configuration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.

• Price range: $300,000 to $480,000

• Location: All zip codes marked in green below have one or more of our client's investment properties. 

Before I get into charts, I am working on our 2023 Las Vegas investor outlook, which will be out in January. I want to provide some of the insights into what will drive 2023 prices and rents.

• Land shortage. At the current consumption rate (~5000 acres a year), Las Vegas will run out of developable land in about 6 years. The only growth path would be tearing down and redeveloping, resulting in high new home prices. This will push up the existing home prices as well.
• The population is growing and is projected to grow by 2% to 3% annually (Source 1, Source 2).
• Enough jobs to support the growing population. Depending on the job site, there are between 26,000 and 31,000 open jobs in Las Vegas.
• Massive construction projects (>$22B) will create thousands more jobs. Many new jobs match our target tenant segment, increasing demand for residences and driving up rents and prices.
• Pro-business government, no state income tax, low property taxes, and low energy prices continue to attract business to Las Vegas.
• Very few properties are underwater. Very few distressed sales. There will be no repeat of the 2008 crash.
• Decreasing inventory. See the charts below. This shows that instead of mass panic selling, more would-be sellers simply stay on the sideline and wait for more favorable conditions. Few people are forced to sell. Decreasing inventory will stabilize prices, and prices will increase if the inventory falls enough. 

Now for the charts.

Rentals - Median $/SF by Month

November rents were down from October. This is expected as we are in the slowest rental season of the year. YoY rents are up 3%. 

Rentals - Median Time to Rent

Median time to rent is about 28 days for November, still below pre-COVID days especially considering the season. 

Rentals - Months of Supply Still just a little over one month of supply for our target rental property profile. Demand is still greater than supply. This will push up the rent. 

Please let me know if you want more sales or rental data, and I will post additional charts.

I came here looking for objective feedback on vodessey because I was considering it. Update it's now $9800 and moving to $12,300 on 2/1/23. They have moved the training to skool.com as their training platform. It is multiple classes in multiple topics, weekly coaching calls, a network for finance, realtors, cpa's etc. The price tag makes me choke however, they offer 30 day money back, and after a year of executing if you aren't satisfied, money back plus $5000. In my mind, it's worth trying with such a guarantee, but $10K is a lot, but cash flow and appreciation should pay you back too if you execute right?

According to this website, they do "A right of first refusal in a lease gives a tenant a right to purchase the leased property if the landlord receives a bona fide offer to sell the property that the landlord wants to accept".  Talk to a realtor or lawyer and ask them.  They would have to meet the offer from your buyer and if they do, you still get the same amount of money in the end.

We usually just get a hold of a title company and they will set up the closing and let you know all the information you Need before the closing ….. that’s how we do it in  Philadelphia