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All Forum Posts by: Nate Marshall

Nate Marshall has started 45 posts and replied 1092 times.

Post: What The Gurus Do Not Teach You In Note Investing - Part 2

Nate MarshallPosted
  • Financial Advisor
  • Evergreen, CO
  • Posts 1,177
  • Votes 638
Quote from @Chris Seveney:

Coming back for an encore, as I have stories, I have lots of stories - how is that the case? Because unlike other gurus out there, I am ACTUALLY buying loans. OMG can you imagine, I do not need to make up stories or brag about how long I have been doing something, because like life, it all becomes a blur at some points.

Here is another classic - We had a loan where the borrower was using the property as a rental in Danville VA (not a place I recommend investing). It was a duplex and they were collecting the rent but not paying the mortgage. We filed for foreclosure and also offered a deed in lieu and would waive a deficiency. The borrower originally agreed but (this is where its important to take notes as the gurus do not teach this), - what do you do before getting a deed in lieu? You run title. We ran title and there was recently a $20k lien filed by a property manager.

Thus we were not going to accept the deed in lieu because we would then owe the PM. We offered them $1,000 to go away and they laughed at our attorney and said "we are gonna get our $20k" (I was like, umm  nope no you are not...) - So we ended up foreclosing, but the borrower contested it (BAD MOVE by them). So the foreclosure took longer and cost us more, evnetually we foreclosed and took the property back and sold it (at a loss).

So damn I lost money on this deal.... Nope, I did not. We got a $50,000 deficiency against the borrower and secured it to their primary residence in 2nd position which had around $150k equity. When you get a deficiency we could then foreclose on that home or reach an agreement with the borrower which is what we did. We then placed a second on the property and they made payments. After around 2 years of payments we sold the loan and went from a loss to a very nice gain. 

A Guru would just tell you to just get the deed in lieu (they forget that whole title part) or foreclose and take it back.... They do not tell you to check if the borrower has other assets that you can claim.


So many cases studies across REI as a whole regarding gurus. I have people in my own organization who have case study after case study about gurus and gators alike.

Post: Structuring your entities for anonymity is NOT asset protection

Nate MarshallPosted
  • Financial Advisor
  • Evergreen, CO
  • Posts 1,177
  • Votes 638
Quote from @Steve K.:

I think a big reason that many new investors feel that they need an overly-complicated legal structure for "protection" is that there are a lot of gurus selling courses. Those gurus need to make themselves sound smart to get people to buy their courses. For example there is one guy who is very popular on youtube who tells his followers "I won't take you seriously and won't teach you anything until you set up an LLC and start a business". Of course he's affiliated with an "LLC creation company" which he directs his followers toward to be charged way too much for services they don't need.

The more complicated your business structure becomes, the more problems it can actually cause such as when looking for lending options, getting the best interest rate, keeping clean accounting, filing taxes, opening bank accounts, getting credit cards, executing a 1031, making title insurance claims or even triggering a due on sale clause, etc. Plus over-complicating just adds expense for little benefit. 

Most investors don't even need a single LLC, never mind a bunch of LLC's in different states or anonymity or privacy or an S-corp etc. Most would be better off with just a regular landlord insurance policy and an umbrella policy. Of course the gurus selling courses who also own LLC creation companies won't tell their students any of this.

Knowing and following landlord-tenant laws will help you avoid 99.9% of the issues that people think they need LLC's for. Don't wrongfully evict, avoid violating any fair housing laws, don't be a slumlord, screen tenants well, avoid security deposit disputes, be professional with your tenants and take care of your properties. You'll be fine. You'll be extra fine if you only buy in good locations where tenants want to live. Invest that $10-20k you would have spent on a guru course and LLC creation BS into fixing the old rotten deck, keeping the sidewalk clear of snow, etc..

I though this thread was very interesting:

"Thank God I had an LLC!! --Said No One Ever!?"

https://www.biggerpockets.com/forums/926/topics/1151922-than...

Dozens of investors with decades of experience on here... very few of us has ever been sued (I was one of the few and my insurance was definitely more important than my LLC, which I only had because it was a requirement of getting a commercial loan). The best reason all of us could come up with to justify having LLC's was as a deterrent to being sued in the first place. But @Stuart Udis you make a good point that the lawyers will be going after insurance $ in a suit, not an individuals $ most of the time anyway so even that reasoning is questionable. 

I can see the benefit in some cases, but for the majority of investors (especially those who don't even own a property yet or just have a few) the potential benefits of LLC's are 100% oversold by gurus. KISS: Keep It Simple Stupid.


 Does he have a 'method' and a legion of cult like followers who refer themselves as a creature often used to make boots, wallets and belts? 

Post: Anyone have issues or even success with Bryce Bush & Private Placement Money Trust

Nate MarshallPosted
  • Financial Advisor
  • Evergreen, CO
  • Posts 1,177
  • Votes 638

Correction: Private Money Placement Trust. 

Post: Anyone have issues or even success with Bryce Bush & Private Placement Money Trust

Nate MarshallPosted
  • Financial Advisor
  • Evergreen, CO
  • Posts 1,177
  • Votes 638

Has anyone had any issues or even success with Bryce Bush who has a Facebook group for private and hard money lending with over 65,000 members. His company is Private Placement Money Trust. He claims to manage $500 million in assets. The guy looks like a clown and a number of people are saying he took $5,000.00 from them. 

Post: is Renatus the Real Deal or a Scam?

Nate MarshallPosted
  • Financial Advisor
  • Evergreen, CO
  • Posts 1,177
  • Votes 638
Quote from @Jay Hinrichs:
Quote from @Annie Irizari:

interesting comments, thank you....to quote a person, if you think education is expensive, try ignorance and mistakes. in real estate,there is no bottom and no ceiling to mistakes and earnings, you can make and loose millions to billions, even grant cardone has lost it all which he has admitted repeatedly. BTW Grant Cardone charges $25,000 yearly (not 1x for a lifetime+) to be a part of his 'rei network club'. No joke, you can verify. At $20,000 for lifetime access you have the option to will to your descendants, 2 generations at $10,000 each is cheap,  (same price for over 15 years, they just recently increased prices) and no upsell when they upgrade all the education for you because laws and regulations change so they keep education current, plus access to a network of investors and practitioners you will need for your team(what's this worth to you?), plus payment plans is a heck cheaper than cardone's program at $25,000 every year or some other guru for $40,000....Expensive is relative. So you'd rather be penny wise million dollar foolish. I'm speaking from experience. I've lost $500,000, opportunity cost, time, blood n sweat  . what rei or events allow you to pass down the education to your family as an option? - cardone does not do this. What is passing down the education in your will to your family worth? No university education can do this, not even at $250,000 degree from Harvard. Give your family 1 fish to eat 1 meal  or teach them how to fish to eat for a lifetime?  The instructors in Renatus cannot teach unless they have earned millions in real estate investing and are active investors. 

Honestly every one of them will tell you they loose money when they teach renatus classes.  They teach because they believe in making a difference, in honesty & integrity in todays fallen world . They offer value to people who are committed with desire to transform their lives for their family and legacy. They do not take advantage of people and trust me I've seen and experienced my share of liars and unworthy people who claim honesty and integrity but steal and scammed me some even went to jail which does not get me back what i lost in opportunity,time and money for me and my family. Talk about regrets.

In hindsight, $20,000 is a helluva lot cheaper for multiple lifetime access for me & my family than $500,000 losses gone with the liars and thieves of this world.  $20,000 for 2 generations is $10,000 for each generation that's cheaper legacy than Harvard or some other guru ..... or the ability to pay off mortage and student loan debt to save $50,000 in interest - that's nearly 3x the cost of the education in return for your money. Not to mention debt free freedom for you and your family.  The right education and people with integrity & honesty is important, too many liars out there. It's not just free education or scammy MLM pyramid as some of you like to label - so you'd go to a surgeon who learned surgery for free? Don't think so. At the end of the day, nothing is free, you will pay the price for free in expensive mistakes or lost opportunity cost or time lost or money or all the above.   There's a price to pay for every decision we make - right wrong or indifferent.

So let's not be quick to judge before understanding the networth value add to your life inside of this company. Look at the rich/wealthy - what do they have that you don't? multiple streams of income and not just one, for starters -- Robert Kiyosaki, Warren Buffet, snoop dog, vanilla ice rapper, Will Smith, Rockefeller family has multi generational wealth that the family will never have to worry about money. Can you say the same? no average jo blo can save their way to wealth, society keeps people in debt, ergo amortization of debt....buying and hoarding stuff(in storage you pay busting out of your garage no less ), stuff you don't need rotting in storage or does not have value other than cashflow for storage unit business owners. BTW most of you investors know storage is big good cashflowing business. Your home is not an asset it is a liability - unless it is income producing for you. 

yeah you can get educated for free on you tube or wherever, teach yourself enough to hang yourself then what? its risk price, but hey, it's your money to loose not going to stand in your way. people don't know what they don't know, investing  thinking they know what todo 100%, then loose big on 1 deal give up and say, never doing that again, real estate not a good investment. Most people are brainwashed by the retail financial world we live in, not educated enough to be smart or savvy that there are smarter better ways to invest we don't know yet. So why is Warren Buffet or Robert Kiyosaki or Grant Cardone rich. Why is Rockefeller multi generationally wealthy. Clearly they know something we do not. What makes you judge others, or think you are  better than rockefeller, kiyosaki, or warren buffet or ---- ?.

To ditto Mr. Hullman's comments, "Even the savviest of investors have joined Renatus and share stories of gratitude http://3030-vision.com"... and Mr. Keith Pinster" people say MLM because you don't know. Sure they allow students to market and share the education products then get paid handsomely for that effort. Powur solar does the same and a few others. So is referring your REI club an MLM pyramid scam now too? people judge what they dont understand - who died and made you judge jury and executioner?

Check Mark Kohler's credentials cpa, attorney, teaches taxes to CPA's across the nation?. You want free on you tube, Mark Kohler's a lawyer and cpa tax accountant with more credentials than any of us put together in 1 lifetime. How about Mat Sorensen who is top guru for all things IRA investing...look them up before you knock down Renatus and brand them a cult. Grant Cardone is gimmicky sales pushy, worst at a higher price point and charges every year $25,000 to be in the 'rei club network'? Not knocking down Cardone, yeah he is rich and all with an agenda to his program. You cannot pass down Cardone's program to your family, but you can keep paying $25,000 yearly... Just saying..

Mistakes is part of this journey some more than others, what you do with mistakes is up to you - learn to be better with costly mistakes rather than get the right education first  or be bitter(many end up here, jaded because of misplaced righteousness and own undoing)? so test drive before you buy full price is ok, for $50 veritas.renatus.rocks . Go ahead, it's cost of dinner, no one is going to force you to buy anything else, just try it out for 7 days, no upsell, no sales pitch, no obligation test drive, for real. just sharing. The system will verify valid email and phone so that you are notified with reminders only on test drive, your information is not shared outside of renatus.


no real estate business will be operating for your lifetime.. they all have a shelf life.. thinking this is going to pass down to kiddos is just crazy and tugging at heart strings BS

 Truth. The children of Elizabeth Holmes probably thought they would inherit Theranos and it didn't last past well their birth! 

Post: is Renatus the Real Deal or a Scam?

Nate MarshallPosted
  • Financial Advisor
  • Evergreen, CO
  • Posts 1,177
  • Votes 638

I went to a Renatus meeting. I had already been in the business for 4 years. This was in February 2020 right before the pandemic. I honestly felt like Jim Jones and David Koresh were sitting in the next room ready to come out. 

Post: Anyone experienced with Lee Arnold's system

Nate MarshallPosted
  • Financial Advisor
  • Evergreen, CO
  • Posts 1,177
  • Votes 638
Quote from @Shane Ronay:

 Another person who failed. Sorry you must not be ready for the bigtime or anytime. 

Lee Arnold has helped a lot of people start or scale their real estate business. He has even helped an associate of mine who was hospitalized the week she was taking Master Broker. Lee and his staff helped make arrangements for her and have helped her complete the course requirements. 

The BBB makes it too easy for failures to complain and not take responsibility for their own inaction. 

Post: Daily Mail (hit piece?) on Brad Sumrok "Greedy apartment king"

Nate MarshallPosted
  • Financial Advisor
  • Evergreen, CO
  • Posts 1,177
  • Votes 638
Quote from @Paul B.:
Quote from @Nate Marshall:
Daily Mail is about as junk as it gets. The UK is quickly becoming a joke when it comes to free speech. Hopefully it will be better when Prince William takes over for King Chuck. 

I wonder why they even picked up the story. Maybe just some sort of "look how dumb those Yanks are" thing?


 Well things have changed a lot lately. The Labour Party now has control. Nigel Farage's MAGA like party has 17 seats. That helped labour get control from the Tories. King Chuck also isn't his Mom or his son. 

Post: Pace Morby Gator Method Course Review

Nate MarshallPosted
  • Financial Advisor
  • Evergreen, CO
  • Posts 1,177
  • Votes 638
Quote from @Justin Davis:
Quote from @Jay Hinrichs:
Quote from @Steven Grant:
Quote from @Nat Love:
Quote from @Allison Wong:
Quote from @Charles Beltran:
Quote from @Jeanna Lichtenberg:

Did anyone sit through the free online "live" webinar? I did this morning. I doubt it was actually live. It was mentioned several times that no one could see the chat, but Pace assured us that he could see all our comments, and he would occasionally comment on the alleged comments. He even asked his assistant if he could get the chat turned on. (Of course, it never worked.) Any comment you made went "To admin only."  But a message from "Team Pace" would come through that said "Pace's team can see your chats, it's due to a tech error but all is working and good!" I made a comment about the earnest money that contradicted what he had said about it. Then when I made another comment that it was convenient for them that no one could see any comments made, my access was immediately terminated. I went back to the webinar through a different device and saw that they had also added a link to access his Gator Method for $2,997. Of course, it's for a limited time only, then they are going to "shut off the Gator Method" for about a year. It all seemed rather sketchy to me.


 05/27/2023 - :) Yeah, it's a recording. The same exact thing was stated in the training that took place just a few minutes ago. There were a few hundred on, and he said that he saw the "thousands" of people on. That confirmed. :)

 Yeah, definitely a recording. I picked up the same things too. I've just watched the "gator method" today. I feel like it's overpriced, but if you do get that value out of the course then it will be worth it.

Is definitely worth it so far IMO. I’ve been a gator for about 2 months now and Pace’s community is amazing. There are definitely ways around the various costs, but you can also learn those thru the community members. If you are new to REI and want to be immersed in it, try it, won’t work for everyone, but worked for me. 
Calling @ Nat Love:)
Your BP colleagues are waiting to hear the specifics as to why you say the course is working for you. A positive word from you could turn things around here where people are beginning to feel the course is a scam. My two cents is that the non-live broadcast is a commonly used marketing tool If it was "live" when it was first broadcast, then it is not a "scam" in my opinion but a rebroadcast that does not disclose that fact (not as professional as it could be). As for the concerns that this method is just a loawn of earnest money to folks that may not pay you back if they don't close, I would agree unless Pace Morby's tean does some type of credit vetting of the people who borrow and in turn will report to credit bureaus unpaid Gator money. In addition, Pace Morby's team could have systems in place to vet the deals for which loans are sought. If Pace's team is vetting the credit of the Gator borrowers, vetting the actual deals of the Gator borrowers, and facilitating reporting of deadbeat Gator borrowers, then I see some real value. Unfortunately, all of this is from my imagination as I have not enquired. I hope @ Nat Love will let us all know:) Holla at us! 

I highly doubt Paces team does anything more than sell you his system.. no way they are vetting potential borrowers of small EM deposits  :)  many beginning wholesalers do wholesaling because they have no money or credit or credit is tarnished etc.. this is ultra high risk en devour to be loaning money like this to people you are meeting on line.. Just is .. not to mention the market is minuscule just try finding all these folks and talking them into using you..  I know wholesalers and EM is not a big issue for them its one of their smallest pain points.. Many mid west wholesalers tie up deals with no money or as little as 50 to 100 bucks.. I see it every day in my fundings I do in 8 markets.  this is a nice thought and catchy name (GATOR) LOL.. " The man in the new suit is getting rich on your dreams "  Stevie Winwood  Taffic low spark of the high heel boys.


 Very little vetting being done. It's all about who is dumb enough to continue to pay that kind of money for a system that already gouges people in a way that even the Gambino family would disapprove of. 

Post: Truth is, Jerry and his deal genie staff will not buy your deal!

Nate MarshallPosted
  • Financial Advisor
  • Evergreen, CO
  • Posts 1,177
  • Votes 638

Again. from we told you (and everyone else who went to the back of the room to get their totebag of cd's, booklets and the dollar tree quality mp4 player and paid $2000.00 just to get in before the upsells start) so. Don't forget to grab the sack lunch that is slightly better than what you get while waiting in booking at jail.