BiggerPockets

I bought his DVD system. I like his realistic approach - not trying to get you to setup an entity, etc before you even get started.

I also found a property in Georgetown (outside of Austin) and submitted it as a potential JV. The numbers worked, so he, his wife and an investor went out to see the property. The deal didn't work out because a mysterious bubble, or hump, in the middle of the living room, suggesting a leak under the house.

I know other investors in the Austin area that have significant respect for both he and his wife.

Tyra, tried responding to your pm, but it didn't go through.

No, we decided not to, after Freddie Mac's "short sale fraud" memo, and we're going to just continue to concentrate on small commercial properties instead of branching into trying to buy bulk single family [packages of 5 or more bundled in one note].

Laws governing commercial are considerably more favorable to the investor, as you know better than I, given the recent changes your state has made regarding SFH owner occupied foreclosures.

I have two former classmates who didn't stay apprised of your state's change in foreclosure laws, who now are having to pay considerable legal fees to clear up innocent acts that are now illegal, even though the guys had zero bad intent on their part, eating into their profits.

BTW:
In your state, I didn't see that much in Mr. Grove's program, that you couldn't get from your local guru, who last year became President of one of the county chambers of commerce and runs one of your tri-state REIAs.

If you don't have his website, go to [LINK REMOVED]
and in your state his first name's Sherman, don't recall last. But he has a similar local mentor program to Mr. Grove's, with added benefit of being local. When I attended his Saturday meeting, I thought his prices were too high for a local guru, and he starts the meetings with a prayer, which bothered some, if that's an issue for you.

But I attended all of the tri-state meetings in your area last May and June as guest of by buddies, and Sherman's by far offered the best mentoring and agent/investor program - though I didn't care for his HUGE ego [and he only went to Wharton Biz School :)! ]

Hope that helps. Good luck

R.

What I can't understand is as big as this forum is no one seems to be a successful student of his but yet in his presentation he has a bunch of victorious case study ones.

All I can say is that I have been in various forms of Real Estate for over 20 years.
I recently saw one of his ads for the MAPS program, and was blown away.

The recent change in the Real Estate climate has created a situation that is perfect for the MAPS program. What he has outlined in great detail and in videos is a course that will walk you thru to doing deals in this market.

I signed up and paid for the program, without regrets. We do web marketing and programing within our present business model, and there is NO way to duplicate what he is offering for the price.

Plus, he offers a 30 day money back guarantee so whats the risk. Our team has began to concentrate more heavily on the Fl markets, and when we saw this, we saw we did not have to reinvent the wheel. His program aims directly at the largest UNDER-SERVED segment of the the market at this time, and I have NO doubt we will reap the benefit of the ground work that is already been done for us.

Phills system involves more than just the Mortgage Assignment technique, and is more than a fancy spin on the subject to deals that got many people in trouble. Its a business model that will work for many years and will produce a huge return on your initial investment.......if you apply the techniques.

If you are looking for something that just starts writing you checks after you buy it, this is not the system. This MAPS program actually involves work, and is designed to take advantage of the present technology available to us in this market.

Many markets are prime for this type of system, and Fl is certainly toward the top of the list in my opinion. However, I would imagine that it could be used with success in most any area and create a positive impact for all involved.

This system does not need or require a lot of hype to sell it. But you will have to get to work if you expect it to work well for you. That being said, I can guarantee that within a short time there will be a pipeline of deals created thru the implementation of this system that will create many satisfied clients and make a fair amount of money in the process.

I am not an affiliate, nor do I propose anyone not willing to work hard to get involved. But, with the guarantee, you have thirty days to try it out and see what is involved. I can't see how anyone will not be impressed.

Nice post Jeff!

No matter what anyone says there are some on here that will say Phill and Shenoah are hucksters anyway. I have been telling people they are the real deal for several months now and it falls on deaf ears (eyes?) for some. Their loss!

I am new to this site and it's somewhat surreal to come across forums dedicated to one's self.

Thank you to those who had kind words to say about my mortgage assignment program. I can't express how much it means to me to see unsolicited kind words about my services.

I've been investing in real estate since 2003. I made the shift from fix and flipping to short sales at the right time and had success while many others stayed the course and didn't adjust when the market changed. Many fixers went out of business. I think we're about to experience another market change that will require a different strategy.

I've done well over 1,000 short sales and will continue performing them, but not at the current volume. The market is shifting towards mortgage assignments. Unlike short sales, which do require access to capital, mortgage assignments are friendlier towards those capitally-challenged investors. But even more so, you're providing a good service to the homeowner looking to sell (which is plentiful) and a good opportunity for motivated home buyers who don't qualify for traditional financing (which is plentiful). When large demand meets large supply, you have business success. I've written some articles on mortgage assignments on the blog page on this site and hope you will read them over.

I've been blessed with great success in this business and have been able to surround myself with phenomenal people. It's my wish that people learn and benefit from my experiences so you may have the financial success that you deserve!

I don't have much time to spend in these forums, but if you wish to contact me directly, become a colleague and you will have my contact information. Also, I will be posting information pretty frequently on the blog site here, so stay tuned!

God Bless!