BiggerPockets

I was just forwarded a link to check out Freedom$oft. It's written by Real Freedom Properties and appears to be a complete management console for real estate investors.

Anyone heard anything more about it? The demo is located here: http://vip.freedomsoft.com/freedomsoft-is-here

I tend to agree with you. There is a TON of hype behind it. I signed up for tomorrow night's webinar when they're supposed to demo it.

I'm not convinced it will be worth the money, but I'll watch and listen with an open mind.

That video seems familiar. I wonder what they modeled it after. http://www.apple.com/imac/the-new-imac/

I haven't seen the product so my opinion here is just speculation. With that said, Don't follow the hype. They aren't selling anything that you cant put together yourself using excel or salesforce's cloud solution.

They talk about automated leads but don't mention that they'll probably distribute this to practically everyone who buys in. Imagine if your a homeowner who wants to do a short sale. You enter your information thru some lead website which freedomsoft operates. They distrubute your information and you get 30 of the same letters from different people.

They also mention a automated website. When google sees 100 websites with similar content, you'll be lucky if you end up on the first 10 pages of the SERP.

He also talks about Automated Values. This will get many into trouble. They seem to be pulling data from all the popular AVMs (Zillow, Eppraisal, Cyberhomes, First American Corelogic, etc...) and using an AVM Cascade. While some are great at gaging values, they will never be as accurate as running your own CMA (Especially if you are in a rapidly decling market).

The sad part is that many will watch the video and believe the Steve Jobs/Apple like hype that they are running with this. Many who want to make a better life for themselves will buy in and shell out the money and realize that it's not as easy as Mr. Preston Ely makes it out to be.

Stick to the fundamental of this business. Develop your own methods then model your own software after this (check out J Scott's 123flip.com blog). Salesforce's Cloud.com is now free. Believe it or not, but it will cost you no where nearly as much as this thing which I bet will burn a big whole in your pocket up front, monthly, or both.

Just my .02

It looks promising but like some stuff it may look good on paper but in reality it might not be the end all that it claims to be.

With that being said if anyone here is going to purchase this keep us updated if it's working or not.

Of course if you want to automate wholesaling just get an effective website and hire a VA.

I like how he says "it removes the human element". How can real estate investing be done without having a human element??

My .02 on the whole deal. I purchased a wholesaling course from one of the before mentioned individuals about 18 months ago. It had some pretty decent info, especially since I was clueless going into it. However, it left me a bit confused on how to put it all together. When I sent an email asking for some help and clarity, I was told that if I were a real "player" that I needed to step up for the personal mentoring. The price tag was 6k and we would split the deals 50/50. What a deal!!! For him that is.......get paid 6k to split all the deals I found. Needless to say, when I wasn't willing to do so, they informed me that I wasn't commited to my own success.

There is no doubt in my mind that with the right questions and digging deep enough, there's not a single issue that can't be resolved for free right here by the great members of the BP community!

Kyle

I've got to admit that the demo was interesting. I would have to agree that the automatic comps might come in less than accurate.

Today (21-jan-2010) is apparently the announcement of FreedomSoft, and it's been getting a LOT of marketing hype. But just because these guys know how to market and build up hype doesn't mean they know how to put a software system together...

Anybody have any useful info on this system?

FreedomSoftIsComing.com <= lots-o-hype

The one actual review I've found that looks useful is here:
http://theinvestorinsights.com/freedomsoft-review/ . No screen shots, no walk-thru, just an investor's opinion (by Susan Lassiter-Lyons who does have some investing chops) but she gives it a cautious thumbs up.

Anybody out there know anything tangible about FreedomSoft? (I'm not affiliated in any way.) It'd be nice to discuss this outside the context of all the hype...

There are three levels of membership:
Silver -$997
Gold - 2 payments of $997
Platinum - 3 payments of $997

Why is $997 like the magic number?Ive seen a number of software and webinar products cost $997

Hi, while automation is great, it's just not possible to have a substitute for judgement, knowledge and hard work. I would tend to think too, that a product that is hyped by gurus would be done for consideration, so that tells me not to expect too much. Appraisal values are subjective as well as objective, be careful. I guess bad data in still gets bad data out, I'm not a tech type, but I think that still applies. Bill