Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Please log in or sign up for a free account to continue.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jeffrey P.

Jeffrey P. has started 1 posts and replied 8 times.

Post: Notes

Jeffrey P.Posted
  • Livingston, NJ
  • Posts 8
  • Votes 13
Originally posted by @Wayne Snell:

Hello. I am a student of Scott Carson.  He does not know I'm saying this, but I owe all of my success in the note business to him. I have joined his mentoring program, but before I did so I was amazed at the amount of free and useful (and I stress useful) information that Scot made available to people of all sizes. I have taken notes mentoring programs prior to finding  Scott and I can assure you I've learned so much more real world actionable information  from him . He gave me the courage and confidence to  pull the trigger on my note business where I had failed before. I  highly recommend anyone considering a note business to review Scott's education. 

 And how much does he charge for this mentorship?

Post: Notes

Jeffrey P.Posted
  • Livingston, NJ
  • Posts 8
  • Votes 13

Where can one find them? I saw that he has some videos uploaded to YouTube (it looks like he's doing a VNBFD seminar right now so I can't imagine those videos will stay up for too long) but other than that it doesn't look like any of the material on his website is free.

Post: Need Note Servicing Company Recommendation

Jeffrey P.Posted
  • Livingston, NJ
  • Posts 8
  • Votes 13
Originally posted by @Jeff James:

@Les Goss, I will send you a private message with the details.

I'm curious about this, too.  I'm researching places to buy (FCI Exchange looks to be the most organized with the best inventory for someone with less than $50,000 capital to start) and servicers/due diligence providers so I'd be curious to know the company with whom you were unsatisfied.

Post: Feedback on Turn Key RE Companies

Jeffrey P.Posted
  • Livingston, NJ
  • Posts 8
  • Votes 13
Originally posted by @Justin Ericsson:

in my opinion you use companies like home Union to shop around turnkey providers to identify a market you like ... Once you get that far your best bet is to work directly with the provider (actual owner not a broker) to get the best deal. In the past when I used home Union I had to mark up my prices to cover the fees they charge which I don't do anymore selling directly to individual investors. I highly recommend turnkey-reviews.com as an alternative source to find providers to avoid complications. I often refer buyers to my competition if they want a specific market. For example even locally I refer clients to my ex-partner Alex at eliteinvest.com. As Jay mentioned there are only a hand full of markets and providers that have been around for more than 7 years so it's not hard to find the reputable players. I'm now exceeding 1,000 rentals in chicago and will be at 10,000 in less than 10 years. Rule of thumb buy with local broker vs turnkey provider if they have less than 200 homes sold. Experience is everything in this business especially on property management side of the equation.

I'm slightly confused with regards to what you wrote that I made bold above.  I don't seem to be able to distinguish between the two types of companies on turnkey-reviews.com  For example, there is your site, http://profitfromrentals.com, where you seem to purchase the properties and do all of the turnkey work and then there are other sites like (from what I understand) Maverick who simply connect you with the providers.  Like I said, I'm having trouble distinguishing between the two types of companies on the website.

Originally posted by @Dale Stevens:

@Jeffrey P. and @Marco Y. They aren't SOFT promoting, they are just blatantly SPAMMING. They have done it here in Chicago, backstabbing, steamrolling, and backing out of agreements here in Chicago with longstanding REI Clubs.

Yep, I retired, but hey they work for a company so is that retiring? NO. Just blatant self promotion of their club and company to get you to pay for their informercial type seminars. 

 Well, I didn't want to accuse having only been here for a week.

Originally posted by @Steve Vaughan:

Many congrats @Rahul Visal!  Inspiring story to be sure.  Love how your goal is to pay them off, as that's mine too. 

Are you self-managing?  Your post title says 'retired'.  I have been 'retired' for years, supposedly.  Sometimes this 'passive'  income as a self-manager feels far from retirement!

I wouldn't think 'flips' on a small scale wouldn't be much like retirement, either.  Be careful soft-selling/ promoting other products, especially with only 3 posts.  Congrats all the same if real!

I'm not sure, but it seems like one company that is soft marketing its business.  Rahul, Ed Boutros, Andrew Holmes, Vince Dyer, and possibly some others all work for the same company in Chicago.  Don't get me wrong, I'm not accusing them of spamming the boards or anything like that but a lot of the video material seems (to me, at least) very infomercial-like.  I'll of course give the benefit of the doubt and just assume that they're all excited for each other but something just seems off to me.  I'll be the first to admit I was wrong if my assumptions are off.

Post: New User from Essex County, NJ

Jeffrey P.Posted
  • Livingston, NJ
  • Posts 8
  • Votes 13

Thanks folks. Not sure how to tag someone yet otherwise I'd do that. I'll definitely check out REIA Kenneth. I'm going to set some keywords and check out some sub-forums. There's so much information on the site I'm not even sure what method of investing would really work best for me. Based on everything that I've seen so far I'll probably find the method of investing that best fits my personality just by continuing to read.

Thanks again.

Post: New User from Essex County, NJ

Jeffrey P.Posted
  • Livingston, NJ
  • Posts 8
  • Votes 13

Hello all,

I just found the site on Thursday when my theoretically neutral options portfolio took a 2% loss on the S&P's tumble (don't even ask me how it went on Friday).  There look to be a lot of great resources on the site, and I'm wondering if someone can direct me to any experienced buy and hold investors in the northern NJ area (Essex, eastern Morris, Passaic, Union, Somerset counties) who might be interested in meeting for a drink.  I'm not sure if I'm in the right place to start investing in real estate and I'd be happy to buy someone a coffee or a beer and chat for a half hour if anyone's willing.

Just saw the warning before the post and I want to make it clear I'm not soliciting a mentor.  If over time that type of relationship develops then great but right now I'm just looking to have a conversation and ask someone's opinion about my personal situation trying to do this while continuing at my full-time job with my limited capital (<$100k), etc.

Jeff