Jake Leicht - Flip Secrets

[Gerry Cohen]

Gerry here...what are you hearing about Jake Leicht -Flip Secrets? Any comments about their network of lenders, realtors, and contractors? Is anyone participating in their mentoring program? G

[Evan Polaski]

@Gerry Cohen, I cannot speak to Jake's program, per se.  I will be fully transparent that I always have a healthy dose of skepticism for anyone that is selling courses.

There is certainly a value to being spoon-fed information.  For the most part, though, lenders are generally not hidden.  There is an entire tab of lenders here on BP.  Realtors are the same.  Both of these groups tend to want more business and so are not terribly hard to find.

Contractors are hyper local, and typically, as a flipper, once I find some good ones, I don't share them with others because I don't want them to be too busy for my projects.  

Again, I have a bias against "gurus", and the bigger the social media following, the more skeptical I am.  But, if the cost is fairly nominal, maybe under a couple grand, and you have no experience in real estate, including owning your own home and hiring contractors for that, then it is likely worth it.

I would always start with a deep assessment of where you feel you don't have adequate knowledge. Attend a couple meetups/REIA meetings and talk to others about what you want to do and where you feel your holes are, and have them help you for free, to at least refine that list so you can talk to Jake and ask how he will help with your specific gaps in knowledge.