All Forum Posts by: Matthew Estrada

Quote from @Eric Martel:

Here is an email you sent us. We've also been trying to reach out for 1-1 coaching and you haven't responded to us for months. We're here to help but you have to help yourself. Be accountable.

Dear Eric,

I wanted to talk about a few things from your message.

First, I want to mention the coaching you brought up. I haven't received any direct emails or messages about 1-on-1 coaching from your team. If you have any records of these communications, could you please share them with me?

About my last email, I want to explain that I wrote it not just to say thanks but also to talk about some practical issues. I was finding it hard to keep paying almost $200 each month for the PTS system when I wasn't really using it. This became even tougher given the challenges I faced soon after, like discovering the low ARV of properties and dealing with a neighborhood rated as C- along with an eviction situation.

As I mentioned earlier, I really valued the experiences I gained, despite the setbacks and failures. That's why I sent shirts to the Flip System crew as a gesture of appreciation. You can even see Antione wearing the hoodie I gave him in some of his videos.

When I was looking into Flip System before investing, I struggled to find reviews and stories like mine. If I had known about more diverse experiences, it might have affected my decision. This is the only reason I created this post to share my story and experience. 

I also understand the importance of protecting your business standards. Even though I faced failures and challenges, I'm grateful for the learning opportunities they provided, because they have forced me to learn how to analyze deals the right way instead of let them be provided to me.

Lastly, I want to highlight my background as a first responder with almost two decades of service in one of the nation's busiest departments. I've experienced a lot of trauma and sadly, I've lost many colleagues. These experiences have taught me the importance of accountability.

Take care,

Matt

Hello everyone,

I recently read a post and wanted to share my experience with The “Flip System”, as I believe transparency is crucial when considering investments like this.

I come from a blue-collar background as a first responder in Los Angeles, and I was drawn to Flip System due to the promise of having deals vetted and presented to me, as well as receiving education on how to fix and flip, implement the BRRRR strategy, and sell turnkey properties. This approach seemed ideal given my demanding schedule. I paid a substantial $15,000 initiation fee to join this community and was assigned to invest in a Midwest City.

Initially, I was optimistic as I was provided with a General Contractor and Real Estate Agent for my team. However, things quickly took a turn for the worse. The real estate agent I was assigned passed me off to someone else without explanation, and the general contractor stopped communicating with me once I had my first deal under contract. I had to rely on my new real estate agent to find another contractor, adding unnecessary stress to the process.

The deal I was presented with had an ARV of $120,000, but after the rehab, the appraisal came in at only $92,000, leaving me short by $28,000. Furthermore, I later discovered that the property was located in a C- neighborhood, which was not disclosed upfront. Currently, I'm struggling with an eviction on this property and have not made any profit. To add insult to injury, I was charged an additional $1,000 for Flip System providing me this problematic deal.

My disappointment continued with the lack of educational value provided by Flip System. Despite paying a substantial fee, I found that beyond basic instructional videos and repetitive weekly calls, there was little substance to aid my learning. Learning by doing and teaching is my philosophy, and unfortunately, this system did not facilitate that process.

I truly wanted this endeavor to succeed and even expressed my gratitude by sending Fire Station shirts to the Flip System crew. However, my experience has been disappointing, and I deeply regret investing $15,000 that I could now desperately use.

Based on my firsthand experience, I would caution against expecting Flip System to deliver on its promises of support, education, and profitable deals. If you have any further questions or would like more details about my experience, please feel free to reach out.

Thank you for reading, and I hope my story helps others make informed decisions.

Best regards,

Matt

Hey did you end up finding someone? I am currently in search for the same thing :)

Hi Guys! Does anybody know if you can transfer a STR Permit to a new owner in Yucca Valley? San Bernardino County website says you can but on the Yucca Valley website I cant find anything that says you can. Any help would be appreciated!

Thanks Guys!