Has anyone been a part of Joe Bodek's training?
Investor in the making · Orlando, FL · Member since 2014 · 201 posts · 49 votes
I stumbled upon his name on here, as he happens to be a BP member. As many educator's (or "guru's" out there), he offers training in wholesaling and lease options. What I find intriguing about him, is that his training is affordable and he also offers to partner up. For me, that is huge!... it would be better if such a mentor were local to me of course. Unfortunately, I have yet to hear of one that is affordable (anywhere) and offers an option to partner up. I know that many will say that BP offers free info. I understand that, but I also need some "hand holding" in the process. Just want to make sure I get my first few deals with some level of confidence and reassurance. Any feedback (good or bad) on Joe Bodek's training would be appreciated.
I have two mentors that are reasonably price. Michael Carbonare and Joe Bodek. Both are priced to where anyone can learn and do the lease option business. I've had it with over-priced gurus and I'm a little miffed at BP for letting those leetches here on this site.
I stumbled upon his name on here, as he happens to be a BP member. As many educator's (or "guru's" out there), he offers training in wholesaling and lease options. What I find intriguing about him, is that his training is affordable and he also offers to partner up. For me, that is huge!... it would be better if such a mentor were local to me of course. Unfortunately, I have yet to hear of one that is affordable (anywhere) and offers an option to partner up. I know that many will say that BP offers free info. I understand that, but I also need some "hand holding" in the process. Just want to make sure I get my first few deals with some level of confidence and reassurance. Any feedback (good or bad) on Joe Bodek's training would be appreciated.
I'd like to know if there's any feedback as well, as I have also stumbled upon his almost daily postings here on BP. His earn-as-you-learn concept is certainly very appealing for those of us seeking mentors, and who don't have thousands (or even hundreds) of dollars to pay for one. Personally, the free on-line knowledge starts getting lost without having someone to help me to apply it, so I know exactly how you feel Orlando!
Hi BP!
Still wondering if anyone can chime in on this topic, and whether or not anyone thinks Joe Bodek's mentoring program is worth looking into.
Thanks!
I was wondering the same any feedback on Joe Bodek
Earn As You Learn
Tanika NJ
I have searched and searched, googled him and his program and I cannot find any negatives. I checked his facebook, but it's pretty much out of date. His Linked In profile has a lot of recommendations for him in real estate and property management. I can't pull the trigger this week, but I think I will break down and invest in his mentoring program. I do need a bit of hand holding myself and I really need this to work.
Care to elaborate on your experience vs just saying "save your money"?
Has anybody tried the program?
I was checking him out as well I need to hear from someone with personal experience that can saw they feel it's worth it.
@Sherri Garrett hey did you ever try the program?
@Orlando Paz did you dig any deeper into Joe's program? Did you ever find a way to get rolling towards your REI goals?
Hi BPer's! Any feedback on this thread would be awesome! I just came across @Joe Bodek on YouTube and was checking out his websites too. This concept seems amazing to me and wondered if anyone on this thread has "pulled the trigger".
Thank you in advance!
Did anybody ever try this guy out? The earn while you learn concept is very appealing. Does ANYONE have a review?
Fellow BPers, I found Joe's videos on YouTube last night, and he has about 43 years experience: building, developing, apartment rentals, etc. (his father was a large housing builder- developer) and twenty plus years of experience doing LO deals and wholesaling, etc. What SETS HIM APART (obviously) is that he is NOT asking for $5k.- 10k. down for 'mentoring...' and is thereby really only MAKING MONEY on actual JV "deal splits..." which is what (by all rights) ALL OF the mentors should be doing, as I've told ever one I've contacted to date, and they'd be 'furthering the cause,' exponentially as well as making more money, in many instances... if they DID SO.
So far I've invested in several multi- hundred $ related courses, studied most of what's currently online, and finally (a year hence...) now have my business plan roughed- out, and will likely be contacting Joe here soon... as I'm only risking $97.00 for the LO coursebook and $25.00 a month, vs. 10- 100x that, with no guarantee of RESULTS! His lead generation methods are 'old school' practical, proven, and I intend to combine them with the most modern approaches and virtual 'outsourcing...' then scale, and be 'disrupting' the entrenched industry, by 2020ish.
Also check- out the French's 'Link Options' program (very comprehensive!) Joe Crump (also very educational and informative) and of course Ron LeGrand's trainings and Gold Club website, in addition to Joe McCall, Brian Gibbons, etc. There is something to LEARN from every teacher, and we all have varied 'learning styles,' and thereby 'relate' to different mentors. And there are HUNDREDS or more useful training videos on "doing terms deals" just on YouTube, alone!
Like Joe Bodek's "The Ultimate Automated Lead Machine Webinar," for example. (Simple, practical, sounds doable...) And it's TO BAD it appears (after reading three related threads on BP, and seeing "account closed...") that the "usual (type of) suspects" seem to have prompted Joe to 'close' his account here, apparently??? (Which is also WHY I no longer frequent this website, BTW...)
I have two mentors that are reasonably price. Michael Carbonare and Joe Bodek. Both are priced to where anyone can learn and do the lease option business. I've had it with over-priced gurus and I'm a little miffed at BP for letting those leetches here on this site.
For me, the business model that Joe Bodek presents us is practical. To a lot of other mentors it is not. I get it, either way. But when someone DOES offer something like this, how come NO ONE has any personal experience with this guy? The only thing I'm REMOTELY concerned about is he will see how hot my market is and start going after all of my deals! They're mine, I say! Mine! haha jk but honestly, tho.
I guess there is still no one from biggerpackets who tried his program. If any one has, can you please share your experience?
I don't know but I wish he would stop spamming my CL ads with his marketing.
I don't know but I wish he would stop spamming my CL ads with his marketing.
Same here. I'm getting a bunch of text messages from his students (I'm presuming since it's from different area codes) hitting my CallRail.
I'm a real estate broker in Michigan, and a (small-time) real estate investor.
I've been through Joe's course and have begun putting what I learned to use. I haven't taken any deposits to the bank yet (it's only been about a month), but I am seeing the results Joe predicted, and they're happening about when his timeline predicted they would. He discourages deceiving anyone. Instead, he suggests laying out who you are and how you can help, and finding out if the buyer or seller is interested. If they're not, move on to the next.
He teaches conventional wholesaling (nothing special there), as well as a couple of innovative lease-option techniques that allow working with motivated sellers that wholesalers are unable to accommodate. The techniques are not too complex, just different.
As mentioned earlier, Joe offers to co-op deals with his students (but doesn't require doing so), effectively putting his money where his mouth is.
In my view, it's worth the time and effort. Obviously your returns will vary based on the time and effort you put into it.
If you do jump in, make sure the folks you contact have a way off your contact list. You'll find wholesalers interested in turning leads they'd normally trash into cash, but you'll also find those that don't want the distraction. Be sure to give them an exit from your marketing messages. No one wants or needs the spam.
@Orlando Paz you want assurance? Not to be a rotten egg, but you know as much as I know, INVESTMENTS, have risks no matter what training or mentoring you pay for or not.
I have made money and have lost money and I’m a licensed real estate broker. I believe my losses have have made me a better investor than my successes.
It’s nice to have guidance but ultimately even the right guidance, mentoring, or license can’t always assure success.
Take the training and find out.
One piece of advise. Partnerships, is a two way street. There has to be complete trust! Whatever you agree on should be in writing to endorse the trust. An attorney should review it with you. It should outline everything like an operating agreement, especially, if you don’t know the partner from Adam.
@Joshua Ransom I find it interesting that someone like Ron LeGrand (who has taught over a half million people how to "do terms" deals, and done 3- 5,000 himself, since 1982) is apparently still somehow able to "do deals in his own backyard..." even in Jacksonville, FL, although I suppose that's not as "hot" as Destin, Orlando, or Miami?) Mitch Stephen did hundreds of subject to acquisitions, in and around San Antonio, along with dozen (or more?) others. Joe Crump has done hundreds in and around Indianapolis... Joe McCall has done several hundred, "virtually..." even from Prague, and whilst "traveling the US, in a motor home." The Frenches have done hundreds mainly in Baltimore... I don't know how many Joe Bodek has done in 22 plus years (i.e. lease options) but as they say: "this ain't rocket science," people! (i.e. So who CARES if they did two dozen? or 24,000?? And BTW, recently I revised my location, to read: "Northern California, because I may be here? There?? Or St. elsewhere, next?!?)
The "hot markets" are NOT cities, metros, regions, nor states, etc. anymore. (If they ever, where?!) They are rather the best neighborhood/s or zip code(s) within an 'emerging' to not yet overpriced and unsustainable area, and there are consequently "winners, and loosers" in probably every major metro... and terms deals (for more than "one trick ponies" vs. say "wholesalers" as Brian Gibbons is fond of saying... who likely has also done hundreds of deals, and just doesn't brag about it...) so who cares? I read, watch and learn from ALL of these guys plus another dozen more, all the time!
I suspect that since Joe B. is so "old school" (and 70ish...) he isn't out to become the next "tech outsourcing leads machine," and clearly isn't the "seminar guru" type, nor want to be one of these niche or shotgun "marketers." His courses are practical, inexpensive and I bought the lease option program. That said, I had already invested in several others, watched hundreds of videos, downloaded over 10GB of terms related data, and shelled- out what is probably the "blueprint to completely disrupt the industry," IF I ever find an investor, I can trust... who also understands that level of "forward thinking???" Meanwhile, lets TAKE some NAR / MLS marketshare, REIs! Afterall, "the times, they are... a' changin!!" My Best :-) Scott, in Cyberdom...
Damn, I also just thought of the "forum disruption idea..." to Trump BP to Connected Investors. (That's the PROBLEM with being "all IDEAS... and no FUNDING!!!")
@Dennis McNeely @Pierre Taylor @Kevin Greene I hadn't realized "Bodekers" were using email marketing and CL ads to contact Wholesalers, etc. This makes minimal sense to me, as I'd / I'll be (having VAs!) making lists of REIs, buyer and leasing agents, lenders, private funders, GCs, rehabbers, wholesalers, etc. from BP, Connected Investors, various directories, the yellow and white pages... plus signage to SE searches, PPC ads, etc. and via more sophisticated means to list cash buyers, to leads with more than one loan, if you know what to do with that angle?
I believe the main problem is nearly EVERYONE (or couple, business partners x2- 3, etc.) is still "doing their own thing," while we are 'competing' with several GOLIATHS! I cannot do much myself, and I am the "visionary / idea guy..." NOT the RE attorney, insurer, phone prospector, lead pre- qualifier, credit vetter or fixer, loan broker, home leaser, RE broker, agent, salesperson," VA, or CS rep, etc. And the end RESULT is what, a 95% "attrition rate," due to all of us trying to "sling rocks" at: the NAR, MLS, banksters, DC, the Crown, Temple BAR, etc.
There's perhaps only one way to take down industry the GIANTS (along with their entrenched, 'system...') and that's with an ORGANIZED and determined "grass roots, effort..." not one person here and there offering owner or seller financing, LOs, or wholesaling, rehabbing, etc. And many of us are often more focused on our: inboxes, voicemails, social media, lead gen, softwares, YouTube trainings, etc., vs. out there "educating the public about how they can "SAVE far more equity, by working with us," for example! (Myself included, to date, I'm ashamed to admit...)
Simply amusing: No sooner do you 'comment' online these days, when your inbox(es) are then filled with Google, etc. 'remarking' promotions. It's almost as if the main objective of Google, inc. is "advertising revenue," and terms marketers are selling the next 'angle' to get buyer, seller and/ or investor 'leads...' which generally means "dead leads," or unqualified, "prospects?!" Hereafter is a sample case, in point:
"Don’t have a lot of money for marketing? You don’t need it to get a ton of leads & deals! The answer to the problem is Networking. Not just any networking but a very specific target audience. An audience that will provide leads for you 24/7…365 days a year on auto pilot! Once you get this lead machine in place it will provide leads for you, on auto pilot! It’s probably the number one source of leads and deals that most investors don’t use because they don’t know about it!
Here it is... Did you know that Wholesalers throw out tons of leads just to get one deal! Did you know that many of those leads are prime candidates for Wholesale Lease Options & Sandwich Lease Options as well as Traditional Wholesale deals! Did you know that if you contact a wholesaler and say: “Mr. Wholesaler I know that you throw out a bunch of leads in order to get one deal. If I could turn those dead leads into cash in your pocket would that interest you?” that they actually say YES! That’s as hard as it gets to put a lead machine in place that will transform your real estate business into a non-stop deal machine.
Now I know what you’re thinking…Sounds good, but I need way more information. No problem, all you need to do is check out this short 23 minute video and you’ll have all the answers you need to make an intelligent decision as to whether this is a direction that you should pursue. My students are tearing it up using the Ultimate Automated Lead Machine to bring in more leads than they can handle. You can to so check out my short video you have nothing to lose but 23 minutes and everything to gain!"
And I suspect REIs are being contacted via CraigsList in an attempt to "JV" mainly, wholesaling deals?" I'm not very familiar with that angle (i.e. having no "controlling interest" seems to be just that, to me?) but see nothing wrong with asking people for leads they aren't converting (i.e. if you pay well, for them) because they only know one or two 'terms' strategies, as aforementioned. And I suspect there's a "JVA" (Joint Venture Agreement) being 'promoted' as well? Or soon will be... now that I (re) posed, the 'idea?'
ATB :-) Scott
@Orlando Paz The first thing I attempted to DO after "learning the basics" and which 'strategies' I intended to utilize... was attempt to find someone to Joint Venture with, and offer them a 50/50% split. (Afterall, any new person not only doesn't fully understand the process, have the contractuals and the 'confidence,' etc., they also cannot say: "Yes sir, I've done hundreds of these deals... and have great references!" Joe was the first person I noticed (after much "trial and tribulation") that was actually DOING SO (as do others now, but then most want to be "paid THOUSANDS up front," which is laughable!) and I'm sure I caused some 'angst' among those who weren't doing so, because "marketing speak, is cheap..." but then what do people EXPECT from guys spending all (or most) of their time, money and energy on MINIMALLY "educating people?"
Furthermore, they want money, up front... and once 'popular,' no longer have the time to "work deals," or "coach, 1:1." And the prices some of these people charge for so- called "mentoring" isn't remotely, justifiable... and Joe's courses are very reasonably priced, and to the point, but if you're "looking for an EDGE..." they aren't selling it. (That is if thousands of others are already using that angle, then odds are... that it's no longer going to be, very effective!)
@Orlando Paz yes, it is excellent. If you have any questions, let me know