BiggerPockets

I keep getting directed to this website from all over the place. There are tons of people marketing it. What are all of your thoughts on it? Anyone used their services? Do you think this is a viable technique?

Looks like it was founded by John Alexander . . .

Smells like a MLM

Sounds like another program that people who have no idea what they're doing, are promoting

What are you looking at it for? Money making opportunities? Funding?

I'd spend my time networking with money providers referred by people who aren't going to get a cut by sending you to some marketing website. There's a ton of HMLs and other lenders here on site . . . I'd certainly go to them and see what they've got to offer.

Sounds like a pyramid scheme...

Also, I found out that one of the person here is one of the leaders of ********************. Apparently, he lives in my county...that's how I found out about him because he sent me an email about this down payment assistance program.

This will probably be the only update I give regarding this company as I'm not here to go back and forth with those who want to argue about it. I don't have the time or patience.

First off, this program is not an MLM program. MLM stands for Multi Level Marketing and it is a good business model when done correctly and ethically.

The problem is that there are many out there who promote MLM programs unethically and even some programs that are blatant scams and when other companies come on board with similar a similar business model, they automatically get a bad rap.

Just like investors get a bad rap... Some people tend to think we're just a bunch of lowball offering sharks out to get people... this assumption comes from unethical and greedy investors. That's just the way it is. Word of mouth spreads fast along with ignorance.

This program actually follows an Affiliate Progam Business Model because it has 1-2 tiers. So it's actually called a 1 or 2 tier affililate program. (This has to do with the marketing side only and does not apply to the actual funding)

It still qualifies as Network Marketing which is why people think its an MLM program, but again because is only has 1-2 tiers it is not the case.

MLMs can get a bad rap because the model is somewhat similar to a Pyramid or Ponzi Scheme. However it is only similar in it actual downline structure. One person brings in another who brings in another, who brings in another, and so on...to however many levels.

However, the key difference is that Pyramid/Ponzi schemes don't usually offer any product or service and they make signing up others the only benefit.

I actually coach others who want to be successful in the network marketing industry, so trust me when I say its legal, ethical, and works when you are with the right company and do it the right way.

The ******************** program we are referring to offers several products and services and makes the marketing/affiliate side of the business an option and not mandatory to gain access to the products and services. It even says that clearly on the website.

So the main question is why are so many people going after this program.

Well, because it's the real deal. The funding is there for those who need it and the marketing/affiliate side actually pays.

Investors get an opportunity to get weekly training/mentoring from John Alexander who has been in this industry for years and years. I'll admit I was skeptical based upon the rumors being spread about him online, but once I found out the truth and actually worked with him, I found out that he was genuine and knows his stuff.

With that said, I have been apart of this program for over a year now and I'm happy with the value provided from both an educational and monetary standpoint. (This is on both the marketing/affiliate side of the business and the real estate funding side. Yes you're deals really do get funded. As long as you have everything in place, they will put the money up to get your deal funded and closed. )

Hope this clears up anything. I doubt it will as I know how discussions like these can get. lol. But I thought I'd throw my two cents in there to let people know the real deal when it comes to this program, especially because I've been in it for so long and have seen much success.

-J. Lamar Ferren

If you have questions regarding the program then you can send me a PM. Other than that, I think I've said enough.

Mr. Investor, with all do respect, I'm not one to go around proving to other investors what I have done when it come to this program or any other business that I'm involved with by showing bank statements, addresses of properties, pay checks, etc... If you expect me to post any of my completed deals on a public discussion forum to try and further prove to you that what I've said is authentic then you'll be waiting along time. I have nothing to prove to anyone. And how much I make is irrelevant to you or anyone else's success should you attempt to get involved with this program. My policy has always been that personal information like this is proprietary and only shared with those who have a Need-to-Know.

I know this answer I have provided will probably makes whatever "BS Smell" you are smelling a bit stronger, but whether I posted my deals or not, you or anyone else's skeptism of this program would have likely still existed and it would have been a waste of my valuable time.

I've done this before. I remember when I defended one of my mentors in another discussion forum and provided 3 thread pages worth of proof...That thread grew to like 10 pages of people arguing back and forth...Some siding with me and some not... I've come to the conclusion that I only deal with serious and motivated people....just like sellers...lol If they are skeptical...I don't try and convince them...I just move onto the next.

I've been approached by some who have asked me to send them copies of checks that I have made with this program and then after they see this they would join my team....My answer has always been...Not a chance! Even though I get paid when people join my team, if someone is skeptical of me an does not see my integrity and authenticity, then I tell them to join someone else's team. Again, I have nothing to prove.

It is what it is...

Oh and I only dance on my terms bro. :-)

Again, no disrespect to you...but this is my stance and it will not change regardless of what anyone else says or thinks. I hope you can respect that.

I dont know if your name is J or Lamar or J and Lamar, but I did not see you say you did any deals with this "program." There are three types of REI in my book. The guys and gals who do what people have done for hundreds of years and follow normal business practice and think of creative ways to make the most money they can, there are those who read and do nothing, and there are those who are all about the flashy programs, mentors, and scams (you). These people piss me off to no end because they take advantage of new investors and try to sell them these programs. It is rare to get a quality "mentor" if you go looking for one and take out an ad here looking for one here on the forums. Read, talk, ask questions, act. There is no such thinkg as getting rich quickly and legally. You are part of the segment of REI that does not really do REI, but rather sells support material and get rich quick programs. If this is the way you make money fine, but no matter what you call it, its BS and the BP community is smart and will call you out.

Jeffrey/Mr. Investor,

How about we just stick to the fact that you don't know...

The assumptions you are making about me are absurd and you should take note that I did not come to the BP community to promote this company or any other.

The fact is that I do deals and have been doing deals for some time. With and without this program. Whether you want to believe that or not is your problem and not mine.

I don't try to sell anyone on anything. Those who allow themselves to be ignorant of something they have never experienced can only speak from that....Pure Ignorance.

I've never been involved with any scams so for you to attack me like that is a bit amatueur.

Those people who take advantage of others piss me off too. However people who have no clue what they're talking about and hender others based on pure ignorance piss me off as well.

Your claims about me have no basis and is only fueled by negative opinions...not facts.

I'm not about flashy programs or scams, however I am about having a mentor. I'm sorry but my mentors haven't been discussion forums. I don't recommend anyone search through hundreds of threads to put the pieces together on learning how to invest in real estate. I've alway come to these forums simply to get guidance on certain topics and to help others based upon what I know... not what i don't know.

And how is it that you speak on behalf of the BP community... As I'm posting this...I see that I still have an active profile and would very much so consider myself apart of the BP community. Not sure who died and made you BP spokesman, but whatever.

Someone asked about this program and I simply answered...Because you don't agree with me doesn't mean that I'm a scammer or that I'm here to mislead anyone.

I already knew that this would be a back and forth ordeal and I told myself initially to just let it be...However, when you misinform people on something you are misinformed about then it only creates a bunch of misinformed people. Until you come to the table with actual facts, I or anyone else can only take what you say with a grain of salt.

I'll admit that it's the same for me too. However, when it comes to my performance with this program, I refuse to back up what I say by posting deals on this forum because it is a waste of time and people will only believe what they want to believe. There is only so much I can do or say over the internet.

Again, take a strong note that these are the only posts I've made regarding this program and realize that it isn't my intent to come here and recruit.

I've opened the doors in my previous post to show people the proof if they want it.... Next thing you know...I'll be seeing someone say..."How do I know you closed that deal with the program and not just on your own???"

Give me a break! I'm not the one.

Jeffrey/Mr. Investor, even after you've tried to slander me...I still give you some respect because you are coming from the heart and trying to help people. Same here bro. So let's keep it civil in these forums and just have a sensible discussion.

It's fine to disagree with me, but when you try to attack my character through ignorance...you're crossing lines. You don't even know me and I surely don't know you.

-J. Lamar

Here is a scenario for you J Lamar:

I come onto the board and say this:

"Hello my name is James Hiddle and I have a wonderful real estate program you need to try out. All it costs is $675 so go to my site and sign up"

Now if you saw this what would you say to me J Lamar? would you ask me if the program works and what deals have I done to make the program successful? would you ask me for proof? answer this question for me J Lamar.

"Mr-Investor" and Jeffery you 2 are so out of line and very unfair to J.Lamar. He like all of us were asked the same questions:

What are all of your thoughts on it? Anyone used their services? Do you think this is a viable technique?

He gave his informed and involved opinion of the program,
you both took the path of least resistance and gave your un-informed opinion of the program and him, by calling him a shill and attacking his character and his integrity.

You asked him to prove the program works and that he did deals with the program.

Why don"t you disprove the program with solid proof and evidence?

It seems by your comments that you two "call people out"
on programs that they might be involved in and that they are a "shill", why don"t you 2 put your money where your mouth is.

You 2 are being called out by J"s suggestion:

( Better yet... after re reading my post, maybe I'm not being... too fair.
So here's how I'll prove it... Find me a deal based on the criteria of the program (I'll provide you with the essential details) and watch me close the deal. I'll even compensate you with a finder's fee when and if I close on the deal. What you do with your finder's fee is completely up to you. I won't hold it and pay your way into the program. lol It's yours to do whatever.
I think that's a win-win for all involved...Don't you?
Otherwise...I stand by my initial statement of...I have nothing else to prove to anyone.
-J. Lamar Ferren )

Are you up to the challenge?

When you attack someones character and integrity,
be prepared to back up all the accusations. :mrgreen: