Ken Wade

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Altus, OK · Member since 2008 · 2k+ posts · 690 votes
14y

Oh here we go with the $1997 and $97 a month online software again.

Seriously this stuff grinds my gears. Why in God's green lushes earth would they want you to pay almost 2 grand with a high monthly membership fee? Why not just offer the monthly membership?

They're hoping that you won't be able to pay the monthly fee for very long forcing you to cancel. When that happens you're out 2 grand. That's 2 grand in their pocket. Nice racket they got going.

By the way I saw this little comment in their sales letter:

"And even this ridiculously low enrollment fee"

Oh really? 2 grand is ridiculously low? I suppose 20 grand is ridiculously low too? They write crap like that just to make you feel like you're not spending a fortune but in reality unless you got money to burn it really is a fortune to some especially those who are struggling to pay their own bills.

/rant

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  • Investor · Southlake, TX · Member since 2009 · 950 posts · 338 votes
    14y

    Wow! $20K? I know market timing in stocks is impossible. I would think the same thing here.

  • Investor · Howell, MI · Member since 2011 · 202 posts · 52 votes
    14y

    I've subscribed for the last year; $150. It may have given me additional confidence confirming I was reading the market correctly, but in hind-sight it's no substitute for local market knowledge.

  • Investor · Southlake, TX · Member since 2009 · 950 posts · 338 votes
    14y

    I did see if you act now, you can get it all for around $2K + $100/mo. along with a Triple Guarantee!

    Geof Greeneisen, what do you get for $150? The quarterly updates? Does he provide analysis of certain local markets in addition to national?

  • Investor · Howell, MI · Member since 2011 · 202 posts · 52 votes
    14y

    @Tod Radford, yes I purchased an individual MSA for the reduced amount of $150 which provides quarterly updates on my local market. I really only wanted to focus on the two counties north of Detroit. It has been helpful to see how our market is tracking compared to other markets. This service gives insight from a macro perspective. I feel its beneficial.

  • Investor · Southlake, TX · Member since 2009 · 950 posts · 338 votes
    14y

    We have a couple of companies that analyze the major markets in Texas that we will use from time to time. However, it's over $1K per quarter. It gives us new housing starts, permits as well. Maybe its a bargain after all!

  • Multi-family Investor · Southern, CA · Member since 2012 · 56 posts · 12 votes
    14y

    I'm also curious how the software performs. Anyone use it?

  • Altus, OK · Member since 2008 · 2k+ posts · 690 votes
    14y

    Oh here we go with the $1997 and $97 a month online software again.

    Seriously this stuff grinds my gears. Why in God's green lushes earth would they want you to pay almost 2 grand with a high monthly membership fee? Why not just offer the monthly membership?

    They're hoping that you won't be able to pay the monthly fee for very long forcing you to cancel. When that happens you're out 2 grand. That's 2 grand in their pocket. Nice racket they got going.

    By the way I saw this little comment in their sales letter:

    "And even this ridiculously low enrollment fee"

    Oh really? 2 grand is ridiculously low? I suppose 20 grand is ridiculously low too? They write crap like that just to make you feel like you're not spending a fortune but in reality unless you got money to burn it really is a fortune to some especially those who are struggling to pay their own bills.

    /rant

  • Rental Property Investor · Willingboro, NJ · Member since 2013 · 32 posts · 12 votes
    13y

    I have a membership here and so far have had a good experience. I am tracking several markets right now and have learned alot

  • Real Estate Investor · Member since 2012 · 189 posts · 32 votes
    13y
    Originally posted by James Hiddle:
    Oh here we go with the $1997 and $97 a month online software again.

    Seriously this stuff grinds my gears. Why in God's green lushes earth would they want you to pay almost 2 grand with a high monthly membership fee? Why not just offer the monthly membership?

    They're hoping that you won't be able to pay the monthly fee for very long forcing you to cancel. When that happens you're out 2 grand. That's 2 grand in their pocket. Nice racket they got going.

    By the way I saw this little comment in their sales letter:

    "And even this ridiculously low enrollment fee"

    Oh really? 2 grand is ridiculously low? I suppose 20 grand is ridiculously low too? They write crap like that just to make you feel like you're not spending a fortune but in reality unless you got money to burn it really is a fortune to some especially those who are struggling to pay their own bills.

    /rant

    Clearly James Hiddle has NO CLUE the power that the guru brings to the people. It's like Prometheus - fire to the people. James, don't fear technology, embrace it with your heart, but firstly, with your wallet.

    I was led to this link by looking up this ken guy by this interesting link:

    https://www.biggerpockets.com/forums/61/topics/73148-investment-statistical-analysis

    bummer that they went the snake oil route vs a potentially a "higher and better use" (if not highest and best) of the concept in the REI market. for an equivalent 50% down for a KIA or Hyundai import, that's a steal... for them, not the subscriber! :)

  • Altus, OK · Member since 2008 · 2k+ posts · 690 votes
    13y

    Well at least Prometheus didn't charge thousands of dollars for using fire :)-

  • Saint Charles, MO · Member since 2017 · 16 posts · 3 votes
    9y

    Anyone have the National Plan of Housing Alerts?  If so, have you used it with success?

    Thanks for any info you can provide.

    Joe

  • Real Estate Investor · Miramar, FL · Member since 2017 · 3 posts · 2 votes
    9y

    Has anyone used the Ken Wade system to make money? I see people said it was helpful, insightful and beneficial but does that equate to $$$$? Look like he has resurfaced or I'm just getting around to hearing about this Guru.

  • Developer · Beverly Hills, CA · Member since 2015 · 13 posts · 7 votes
    8y

    i am using this service right now. I am currently signed up to three states. More than 3 states requires a bigger sign up. 

    you can pay monthly and cancel anytime, billed monthly. 

    I would say that anything less than silver level is not worth it, a few of the tiles on the home page seem redundant unless i am missing something. i don't see the value in the pro, the gold is the best deal i think. 

    also once you are doing one state you might as well get another two i think for the $10.

    The concept is applying technical analysis techniques to the real estate markets across the USA.  I am also a stock and option trader so i already believe and have profited from technical analysis so i know it works and have studied for a long time. Before any one starts on their efficient market theory crusade first read chapter one of this book and then come back to me and tell you can't time the markets and get more out of life than buy and hold.

    https://www.amazon.com/Trend-Following-Managed-Fut...

      Now the question at hand is does technical Analysis work on real estate markets?! at first my reaction is to say yes, if anything even better than stock markets etc. because they are usually long cycles of up and down up and down. But there is a difficulty, that is compiling the data correctly so you can make an honest graph then apply trend following methods to it as well......

    i will have to get back to you on that. i understand the types of set ups that ken wade is applying to the various local markets and they not new, which is a good thing, they have their own track record. 

    the real difficulty will be to find markets that are growing at opposite times. so that way when you get out of one market you can move over to the other. So far i see that some markets will start sooner than others and then end so you can move to that second market but soon enough it seems that the second market as well will come to an end, then what you do? if you were trying to do a 1031 exchange at that moment and just had your 45 days you would be pretty unhappy about selling. 

    This is a work in progress and i will check in here and there with an update on my success or failure. Looking at a market right now that housing alerts pointed me to. stay tuned. 

  • Rental Property Investor · Round Rock, TX · Member since 2016 · 1k+ posts · 971 votes
    7y

    @Joseph Zerfoss @Tod R. @Geof Greeneisen @Swat Khan @Jerome Adams @Joe Lantrip @Wali Shareef @Aaron Revere - do any of you have an update on HousingAlerts by Ken Wade?

    And would any of you be interested in a "divide&conquer" approach and pooling funds into a subscription?

  • Rental Property Investor · Member since 2018 · 1 post · 0 votes
    7y

    @Costin I. I would be interested in a divide&conquer approach.

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