All Forum Posts by: John Crimmins

Quote from @John Crimmins:

Hey all,

I'm building a movie theatre in a new cabin rental in Pigeon Forge / Gatlinburg area. Wondering if I should go with a projector or a giant flat screen. I've seen smart projectors on the market but I'm wondering if I can get the same quality and easy user experience that I could out of a large Samsung. Anyone go down either route and have pros/cons they'd like to share? 

 We own a projector and love it. For a rental though I can see where it could be harder for them to set up or the risk of them leaving it on. A TV might be better for the long run but then you also have risks of people breaking that too. Personally, I would still go with the projector and just write out very clear instructions but that is just me. 

Hmmm, OK. I was kind of thinking that would be difficult there with the prices being so much higher. Thanks @John Crimmins!

Quote from @John Crimmins:

Quote from @Brad Costanzo:

Maybe I'm biased because I know Cody personally and am a student at VestRight.  Take that for what you will. 

I'll address the questions I see here.

Cody never says this is easy and requires very little work. It's the opposite. He says he doesn't want anyone who isn't committed and persistent and patient. 

However, most of the work involved involves searching for off-market raw land with development potential, finding the owner and seeing if they're willing to sell.  This can easily be done in 10 hours a week.  

Once you get a piece of property under contract, then you're outsourcing all of the entitlement work to experts and basically managing that part.  

With this model there's no need to do dozens of deals at a time, in fact, one deal a month can literally be worth 7 figures.  Spending 10 hours a week shepherding that is time well spent. 

In many cases, but definitely not all, students partner with Cody's development company to handle the entitlements and the exits to homebuilders for a profit share which can be mid-six figures for simply bird dirt-dogging the deal.  In fact, here's a video of Cody cutting a $600,000 check to a VestRight student who bird dogged a deal for him. 

@Chris Seveney is normally correct here in that "most" people making 6-7 figures are simply selling courses.  In the video above, Cody made more money on this deal with a student than VestRight has made in its history teaching this to students.  (Cody told me this directly)

@Scott E. LOL at your quote "You shouldn't pay ANYBODY this much money for their experience. There is no way that he or anybody will give you $18,000 worth of value."  

You are an online real estate investing mentor yourself. You're telling me that with your success, nobody should ever pay you to help shortcut their experience?  You said "There is no way that he or anybody will give you $18,000 worth of value."  That's really interesting and as a mentor you might want to reexamine that belief.  None of your mentees have ever made more than 18,000 with your advice?  

Also, Cody isn't a Youtuber, for 20 years he's been doing land deals. In fact, you should reach out to him and have him on your youtube channel if you're skeptical. He lives in Scottsdale as well. Hit him up with that request and tell him Brad sent you. I think you'll be surprised at how different what he does is compared to traditional REI.

 Hey Brad, just wanted to thank you for your response here. I'd love to learn more about your experience within the program. Have you seen success yet?

going to be tough sledding right now with many builder developers taking a year or more off .. this can be done I have done it over the years. but its NOT EASY .. land sellers are going to want to know you have money to close on the deals before they let you tie them up.. Generally speaking so this is not like wholesaling houses. which sellers will let wholesalers tie up a property with 50 bucks or 500 bucks.. the deals i buy I have to put up 100k in cash to start the process

Maybe I'm biased because I know Cody personally and am a student at VestRight.  Take that for what you will. 

I'll address the questions I see here.

Cody never says this is easy and requires very little work. It's the opposite. He says he doesn't want anyone who isn't committed and persistent and patient. 

However, most of the work involved involves searching for off-market raw land with development potential, finding the owner and seeing if they're willing to sell.  This can easily be done in 10 hours a week.  

Once you get a piece of property under contract, then you're outsourcing all of the entitlement work to experts and basically managing that part.  

With this model there's no need to do dozens of deals at a time, in fact, one deal a month can literally be worth 7 figures.  Spending 10 hours a week shepherding that is time well spent. 

In many cases, but definitely not all, students partner with Cody's development company to handle the entitlements and the exits to homebuilders for a profit share which can be mid-six figures for simply bird dirt-dogging the deal.  In fact, here's a video of Cody cutting a $600,000 check to a VestRight student who bird dogged a deal for him. 

@Chris Seveney is normally correct here in that "most" people making 6-7 figures are simply selling courses.  In the video above, Cody made more money on this deal with a student than VestRight has made in its history teaching this to students.  (Cody told me this directly)

@Scott E. LOL at your quote "You shouldn't pay ANYBODY this much money for their experience. There is no way that he or anybody will give you $18,000 worth of value."  

You are an online real estate investing mentor yourself. You're telling me that with your success, nobody should ever pay you to help shortcut their experience?  You said "There is no way that he or anybody will give you $18,000 worth of value."  That's really interesting and as a mentor you might want to reexamine that belief.  None of your mentees have ever made more than 18,000 with your advice?  

Also, Cody isn't a Youtuber, for 20 years he's been doing land deals. In fact, you should reach out to him and have him on your youtube channel if you're skeptical. He lives in Scottsdale as well. Hit him up with that request and tell him Brad sent you. I think you'll be surprised at how different what he does is compared to traditional REI.

Hey @John Crimmins, where are you seeing 30% CoC?

I love them. Although the smoky mountain jacuzzi is out. They’re always gross and dirty. I’ve removed all of mine over time and glad I did. But none of mine were heart shaped. 

How do I test it? Do I actually have to use it on my listing? I'm open to trying it...