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.
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: Ruth S.

Ruth S. has started 12 posts and replied 26 times.

Post: REI Call Center

Ruth S.
Posted
  • Investor
  • Posts 26
  • Votes 10
Quote from @Anton Zherelyev:

Ruth, as the CEO of REI Call Center I wanted to personally respond to your message and express my sincere apologies for any disappointment you've encountered. I vividly recall calling you when you started and providing you with my direct cell phone number to encourage open communication. Unfortunately, I have never received any calls or messages from you since then.

I reviewed your account in full detail and can honestly say that our team at REI did everything we possibly could to keep you satisfied throughout your journey with us. However, despite our best efforts, it seems that you found ground for disappointment at every turn. To a point where I even gave an authorization to send you a full refund for the three months of us working diligently for you during your five-month journey with us.

I can proudly say that from the Lead flow of 20 + qualified leads, we met this target every single month. Your Acquisition Closer did have a passing in his family during this time and we replaced your caller that day, with one of our best callers, but you still found a reason to be dissatisfied, to the point of being very aggressive with the entire team. Again, to correct the situation, we issued you a full refund for that month to keep you satisfied.

It seems that despite our best intentions, we may not have been the right fit for your needs. I sincerely wish you the utmost success in your future endeavors - and as per our moto - LETS CLOSE MORE DEALS!

Thank you!

Anton, CEO of REI Call Center

Anton, you did provide me with your number so I tried reaching out to you and never got a response back. Check your texts. When that didn't work out I tried messaging you on Whatsapp and tagging you in multiple conversations with the team on Whatsapp. I can also see that you read my texts in Whatsapp as they show a read receipt.

- When I first started out, I was getting a decent amount of leads for the first month which was good. However, it quickly declined after that. When I checked in with the team on this, they even admitted that my lead flow was scarce and that my cold callers weren't performing. They tried to compensate for this by providing me with an extra list to call which I appreciated but even that proved to bring barely any more lead flow. So you stating that I was getting a good amount of quality leads is incorrect. My lack of lead flow is the reason why I ended up downgrading my subscription.

- In addition, as part of joining the company we were supposed to have a website set up. I had to continuously follow up on the status of this website and it took over two months for it to be constructed.

- You stated that someone had a family member pass and I received a replacement that day. I was never made aware that anyone had a family member pass and if anything I was always understanding to any type of family emergencies, power outtages, etc that happened on numerous occasions. What I didn't appreciate were the times that I was not made a aware that my VA would be starting later than agreed upon or that they were not showing up at all. I do not appreciate you saying I was being aggressive when I continued to have patience for  much longer than I should have. When someone is having patience and understanding and the same things keep happening over and over, there comes a time when they need to stand up for themselves and speak up which is exactly what I did.

- Any Acquisition Manager I was assigned to had something that came up on multiple occasions where they would either start later than agreed upon or not show up at all without a heads up. I had to follow up with my Client Success Mangers on numerous occasions to find out what was going on. I shouldn't have to chase after an answer for something like that. Proper communication is the respectful thing to do.

- You're saying you authorized a 3 month refund for me. I've never received that or been told that I would get a 3 month refund.

- What was the last straw for me was that after numerous times of my VA not completing their full shift or dialing for me at all, I requested a refund for services for that month after being constantly disappointed. I was told I would receive a refund for that month due to my poor experience but what they did was cancel my subscription when that was not what I asked for and halted the momentum of my business. At that point I told the team multiple times to have you give me a call since I realized from past experience you were hard to get a hold of. My numerous attempts to speak with you have been ignored until now that I have chosen to share my experience publicly I still have all the receipts of everything that transpired and my numerous attempts to reach you.

I really hope as a business owner, you do a better job at overseeing what is happening within your business and show you actually care when your business is not upholding the standards that were promised. I was very optimistic at first when you said that your door was always open and to reach out if I needed anything. I was disappointed that this was not upheld and it took me posting publicly for you to reach back out.

Post: Is a promissory note needed for each state I use a private money lender?

Ruth S.
Posted
  • Investor
  • Posts 26
  • Votes 10
Quote from @Jacob Sherman:

Are you looking to give someone a hard money loan ? 


 No, I'm looking to use private money lenders on deals in multiple states.

Post: Is a promissory note needed for each state I use a private money lender?

Ruth S.
Posted
  • Investor
  • Posts 26
  • Votes 10
Quote from @Chris Seveney:

@Ruth S.

If you are the borrower typically your private money lender drafts the agreements

The docs we use are standard except for the security instrument as that changes by state as some states are deed of trust and others are mortgages


 Hi Chris, thanks for your response. Are you referring to institutional lenders? The PMLs I have spoken to that have interest are personal family and friends so they don't currently have any contracts themselves. I'm interested in buying out of state in multiple markets so I'm just wondering if I may need an attorney in each state to draft a new one.

Post: Is a promissory note needed for each state I use a private money lender?

Ruth S.
Posted
  • Investor
  • Posts 26
  • Votes 10

Post: Can I use a private money lender on a long term seller financed buy and hold?

Ruth S.
Posted
  • Investor
  • Posts 26
  • Votes 10

Hello Community! I have come across a wholesaler who is assigning a contract on a property where they have negotiated seller finance terms with the owner. There is a down payment needed to get into the deal and terms are set in place. I'm wondering how I could utilize a private money lender for the down payment and how this could work if this was a long term buy and hold or even a BRRRR. This is a 6 unit complex with various lease terms in place with one tenant having a year lease. So I'm wondering how this would work if we didn't fix and flip it or fix it up and refinance out right away. Any advice would be great. Thanks!

Post: Is a promissory note needed for each state I use a private money lender?

Ruth S.
Posted
  • Investor
  • Posts 26
  • Votes 10

Hello Community!

I'm wondering if I need a different contract in each state that I plan to invest in and use a private money lender to fund a deal. Could I just use a general standard contract for each state? If not, how much is it to get such a contract drafted on average?

Post: REI Call Center

Ruth S.
Posted
  • Investor
  • Posts 26
  • Votes 10
Quote from @Arif Baksh:
Quote from @Ruth S.:
Quote from @Melyssa Carol:

How did this work out for anyone that tried them ?!

Did it generate any closings?

I ended up using their services and closed a couple deals at the beginning but things quickly declined afterwards. They ended up screwing me in many ways and I was disappointed in the service. Especially with their CEO, Anton. He acted like he would always be available at the beginning and then ghosted whenever I reached out about a complaint. Would not recommend.

 Could you Elaborate? I too was also considering using them. However, I am doing my due diligence.


They are very good at selling their services once they are onboarding you and at first it seems like they have your best interest. I quickly learned it was all a front to get you in the door. It felt like once they had my money, they didn't put in as much effort to keep me. My first month, the CEO gave me a call to check in and let me know he would always be available to reach if I needed anything. Well when things started going wrong with my cold callers or team he would not answer my multiple phone calls and messages. I have reached out to complain so many times and still have not heard from him to this day. I ended up leaving and sourced my own VAs off of Upwork. This takes a lot more time but is so much more rewarding now that I am in control of the VAs and the outcomes in my business.

Post: REI Call Center

Ruth S.
Posted
  • Investor
  • Posts 26
  • Votes 10
Quote from @Melyssa Carol:

How did this work out for anyone that tried them ?!

Did it generate any closings?

I ended up using their services and closed a couple deals at the beginning but things quickly declined afterwards. They ended up screwing me in many ways and I was disappointed in the service. Especially with their CEO, Anton. He acted like he would always be available at the beginning and then ghosted whenever I reached out about a complaint. Would not recommend.

Post: REI Call Center

Ruth S.
Posted
  • Investor
  • Posts 26
  • Votes 10
Quote from @Heather Morales:
Quote from @Heather Morales:
Quote from @Ruth S.:

Did anyone end up using this service? I'm also looking into them as well. 

I’m just getting started with them. You have to budget another $1k a month for skip tracing in addition to their $1299 monthly fee. They have been helpful and professional so far. However, it’s too soon to tell if I’ll get the leads they are saying I’ll get. 


Thanks for the insight! Hopefully you can let us know how everything goes once you've been with them longer.

Post: REI Call Center experience?

Ruth S.
Posted
  • Investor
  • Posts 26
  • Votes 10

Has anyone used REI Call Center for their wholesaling business? If so, how was your experience?