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Updated over 10 years ago on . Most recent reply

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Bryan Colton
  • Le Roy, NY
1
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18
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Mentors and LLC start up

Bryan Colton
  • Le Roy, NY
Posted

Has anyone subscribed to any of the Scott Yancey's training or mentors? Has anyone used Veil Corporate for their LLC in Utah? I was told that was the way to go. I looking for comments or suggestions on both. Thank You.

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Michael Evans
  • Real Estate Consultant
  • Lancaster, CA
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423
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Michael Evans
  • Real Estate Consultant
  • Lancaster, CA
Replied

I attended a Yancey event a few weeks ago and bought into the hype ($3K).  Right after the event I met with some real estate investors who also had bought into the hype and they told me their experience.  That evening I went to their website and wasn't impressed at all with the tax lien offerings (they only had 125 and they were all vacant lots in FL).  I had my father-in-law (who purchased the services and trainings) call ad cancel.

There was nothing on the tax lien site that I found of value.  I normally don't pay more than $25 for "information" that I can get from the Internet.  I would never pay for Yancey's education services (my wife and in-laws were going to attend), plus the speaker lied to me.  He told me that I had to attend the $2K training in order to get access to the Deal Desk website and service, which was a lie.  I just had to go the website and pay a monthly fee.  They lost all of my trust right there.

As far as setting up an LLC, do it yourself. Go to www.rocketlawyer.com, sign up for their free trial, create an LLC document, walk through the wizard and answer the questions, then download your PDF file.  Then simply complete the Articles of Incorporation form for the state where you want to incorporate and send it in with the fee (in CA it's $70).  That's it.  Don't waste your money paying someone to do something that will take you less than 15 minutes to do.

Hope this helps.  God Bless You!

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