Real Estate Sales llc - Flip Cheap Houses
Hello everyone!
I am 19 year old college student very interested in every aspect of real estate investing. I honestly hated college after my first semester and that’s when I began researching other career avenues. I knew from a young age I wanted to be an entrepreneur, coming from a family of business owners. Over the past few months I have learned more just from YouTube, podcasts, books, and Bigger Pockets forum then I could have ever imagined. I have become obsessed with educating myself everyday though the sources I listed above and have been promoted an opportunity where I need the bigger pockets families opinion.
About 2 months ago a family member had received an email from Real Estate Sales LLC - Flip Cheap Houses. This is a mentorship program where I would be assigned one of the companies mentor/coaches who would teach me how to wholesale. I know the basics of wholesaling but I value the companies lead system more then anything. They have access to your county court house documents where you are encouraged to send out 200 letters a week to the leads you are given. On top of the seller leads you also are given a list of investors in your area who have bought and sold 2+ properties in a 60 mile radius, which is "your area".
Now into the numbers. The company has two options to start their program. (12 month)
1. $13,750 start up costs and 50/50 split of profits with your mentor
2. $18,750 start up and 80/20 split of profits with your mentor
The website “promises” $100,000 in wholesaling profit after the first year and if not, the mentor will work with you to complete the promised sales for free after the first year.
As a 19 year old who is desperate to get into real estate anyway I can, this opportunity looks promising. I’ve been in contact with one of the owners Amy Keith and have had several great conversations about her company. My parents are willing to take a chance on me because they see the passion I have to get started in real estate. They are willing to finance this opportunity for me and I need your guys/girls opinion of the legitimacy. Thank you!