All Forum Posts by: Will S.

Tarek Moussa works for prudential California realty .    

• Office: (714) 928-1674
• 181 S. Old Springs Rd., Anaheim Hills, CA, 92808

You would ask to speak to the "managing broker" if you wanted to know if they condond an Tarek under their office when he was associated with a company scanning people.  And ask if they overlooked this lack of character because he brought in a lot of sales? 

I suggest everyone write the pitch men.   In CA Christina and Tarik El Moussa from HGTV are the pitch people on their marketing material you get in the mail and on large signage at the event.  So are the two guys from Flipping Boston. (Not the CT homes guys, the other ones). If you go to realtor.com and search for a realtor in the Anaheim area of CA with the last name El Moussa or Moussa you can find them. Ask them if they are still involved with scamming people and if they will be returning the money they stole to the injured parties?  I asked them " have you at least returned what you earned from the scam to those affected?"  And" are you still involved in the scam?"  I would also suggest calling HGTV if anyone could provide their phone number to suggest they be pulled from the air.  If anyone has their real estate brokers phone number they should call. I forgot to mention, after you find the el moussa's on realtor.com press on them and then press on one of their listings. From one of their listings you can email or call them.  Their listing should also tell you there office brokers information.  

no one deserves to be ripped off.   Having said that, you don't have enough common sense to run or manage any kind of business.  Flipping is all common sense.  You should stick with working for someone else until you understand what it takes to earn $41,000.  If you don't understand the value of money flipping is not something you should be doing. I hope you get these guys. Call the IL attorney generals office. Hopefully you networked with the other persons in attendance as any good business person would have and can have them also file something with the AG. 

I went to this mans free meetup event knowing it would be a sales pitch. It was less a sales pitch than ANY up-sale meeting I had ever been to before and actually taught me a lot.  This was surprising as I have read many excellent books and been a real estate broker for 18 years.  And a very good one at that (selling 100+ listing personally a year plus having 20 agents who worked for me).  I am extremely anti-guru, thinking anyone dumb enough to spend $2,000 for real estate training that they can learn in books and on BiggerPockets is too stupid or too much a fool to ever be a flipper or landlord.

Granted with my background I new 80% of what he taught.  (For a new person it is the only teacher/guru I would ever recommend and the only value out there as far as I am concerned) What I didn't know was worth 100,000s of thousands of dollars over the next 20 years in this business and will pay for itself 20 fold on the first flip alone.  The cost was $395 for one day and you can repeat the course as many times as you like.  Their is no up-selling per say.  He did mention triwe he offers $1,000 a month mentoring but there is not much of any sales pitch.  It is 99.9% education and he moves fast and you can go back as many times as you want to get it all in at no extra cost.  The class ran from 9-6 and was stuffed with information.  I emailed him 11 times over the next day for word documents of contracts, checklists, and other forms and got everything I asked for at no cost beyond what I paid.  I supposed to be allowed to do this for 6 months.  I'm sure he probably pays someone hourly to respond to emails but who cares.  I let you know if this great response keeps up.  He may only be in CA, but I'm not sure.

This man is doing it the right way.  The $395 is obviously not worth it to this man as a members of his class went to a couple million dollar property he was currently flipping that was totally gutted. (He lets anyone who pays the $395 meet with him for one hour and these persons chose to meet him on site.).  I think he is using this as his networking tool figuring if he helps train people then many new people will come to him to split new deals though he NEVER mentions this.  He is definitely a long term thinker who understands that helping others helps himself.  He makes no promises except he will be there for you and people coming to the class multiple times back up the fact that he actually does it.  There are no "minders" at the class because there is no sales pitch!

As far as talking about a topic more than once.  Really, I see people here that post to every topic and have talked about everything 20 times over.  I think it is good to participate.  No need to try to shut someone up by saying they keep posting the same opinion too much.  

I'm sorry for having an opinion that is different and trying to honestly get people to think.  I think there are many ways to make money and just warning people to take a better route as one day your state may start enforcing the law.  Why do something that can (obviously not always) be pretty sleazy when there are so many other ways to make money in real estate?

Its not ok to do something unethical 9 times but the tenth time it's illegal.

It is not legal in CA unless you own the property and then try to sell it.  I am a Broker of 18 years.  Also practiced in IL.  The same there.

BUY not BUT THE PROPERTY

 Yes "assigning" is exactly what I'm talking about when you convince yourself you are protected and have an interest in the property.  I double close will not protect you if the state decides to enforce the law because you practiced real estate without a license before the closing.  But, you have deluded yourself into believing "assigning" and a double close has protected you AS I SAID.  TO DO IT RIGHT AS A REAL ESTATE AGENT OR NOT YOU MUST BUT THE PROPERTY FIRST AND THEN LOOK FOR THE BUYER. du@du@.  But as I said it doesn't matter because the states do not enforce the law.