DC Fawcett

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I've been looking hard at DC Fawcetts plan, Virtual Short Sale Investing. For $997.00 he does it all and you get paid. Has anyone else looked at this? He says I will set up a real estate partner locally and show up for the BPO, make sure the paperwork flows and get 50% of the deal? He claims to have the money and the buyers lined up already. Oh yeah, $97.00 a month for his "coaching website" that I can cancel anytime. He only wants to make deals on half mil or more. I've got 144 oceanfront properties close to me in foreclosure so I could hook him up but.... any thoughts?

[Dennis Treacy]

Originally posted by Bryant Barbee:

Originally posted by Enrique Marrufo:

I have been reading these posts in this forum and I am very impressed at the amount of coverage on both Gurus. So what is the verdict Nathan Jurewicz or DC Fawcetts plan?
Personally I have material from both and have had DC’s coaching on the internet for $49 a month the information seems generic and long to reply questions. I was not aware that they will not work with you unless you pay the $5k for the whole program.
I just closed on my first short sale deal and I used “The Short Sales Riches [System]†by Nathan Jurewicz and Chris McLaughlin to prepare my documents and followed there plan. I was not able to sell the property to an end user so I sold my option to an investor, made $3,500 for about 2 months time. I did not use any funding.
I know they these 2 guys know what they are talking about, my question to you guys is which is better to follow for the part-time low priced home investor?
Thank, looking forward to networking here for a while.

Enrique

Hey Enrique, I am currently a student of DC Fawcett. I did my due diligence on him and Nathan as well. I saw a lot of negative info on these guys but there are always critics. I just went with my brain and the money back guarantee that DC offers. My goal is to be a successful real estate investor to learn how to do short sales because I have never done them before. These guys have the experience already and success stories of other people that is verifiable if not they would have all kinds of agencies all over their but if it wasn't true. Anyway, it depends on your level of experience, motivation , and willingness to learn and follow instructions. I have had nothing but good experience from DC's company thus far. I am in his Gold Membership program where you pay $397 a month for excellent coaching, file fee being waived of $250 on every file.
His content is superior information and I don't have the time to be trying to figure out how to negotiate with lenders, or fooling around with sellers. I use my team , which consist of my Realtor and DC's team that is already in place. This is a no brainer folks especially in this kind of market. The main focus should be on how to get as much information to learn this short sale business, which was totally foreign to me, and get in this market and start making some money. Who cares weather DC or Nathan is the best, they are both excellent , just choose. As I said before I am not regretful or sorry about my decision. I want to move along the learning curve quicker and make my money now then go back and learn how to do the nuances of the business, I have it all right at my disposal. All of the information that I will ever need is in his program on Short Sales, it is jam packed with info. He also has a $25,000 offer for you when you do a deal that is over $100,000 plus when you do your first deal, you get your money that you paid for the course back double of which I have already done. Don't waste the time deciding on which one to go with just go with somebody that knows what they are talking about and go for it. Hope my two cents helps. Good luck.
Bryant

Bryant,

Please do not tell us he is great before you make a buck with his system.
Go out use his system, make a buck and then post us back.

99% of guru's use testimonials from students at his free seminars, these are the hopeful recently brainwashed folks who have just sat through a NLP laden sales pitch, and just shelled out $1000's of dollars on their credit cards. Of course these folks are going to have a positive response.

During these seminars, part of the NLP is to explain that the reason 99% of the students fail is because they are scared, or lazy and did not follow through.

Fear and laziness is generated by individuals who do not have the proper knowledge of the particular subject.
Excuse me don't these guru's think you might need some basic information, instead they charge you $997 at a free seminar, then $397 a month for as long as they can keep you strung along.

There is nothing simpler then doing a short sale, for crying out loud the bank sends you a short sale packet with all the info you need.

I did my first short sale 8-9 years ago, the lend just about held my hand.

What DC is teaching is you doing virtual short sales that is everybody does all the work for you so you do not have to learn how to do anything, just collect the check.

Sorry that is never going to happen, and if by some chance it does, you will have learned absolutely nothing about how to do a short sale.

Notice that DC started doing short sales in Florida, well Florida was just about the most inflated housing market in the history of the world. Nothing is selling in Florida unless it is a short sale. Even then it is hard to get the property resold as fear has gripped the market, who knows where the bottom is?

When a $2 million dollar house sells short for $650k then that is the real price of the house. Maybe it will actually close if the place is a primary residence.

DC is selling his courses just like nothing has changed in short sales, but everything has changed.

I challenge the guru industry to open their books, how much do they make doing their secret niche as compared to selling courses.

There is a guy still teaching fix and flips, Than Merril.
The fix and flip market is just about dead in most areas, but they are making huge amounts of money in the information sales industry.
What the heck, get rich quick that is the old strategy form the inception of mankind, and yet it is a rare occurrence.

So here we have it 99% of folks buying these course do not make a cent, they lose money from buying the course.

All of this info is available here for free, or at your local library, but neither here or at the library will you be told no work on your part equals get rich quick millions.

REI is just another job, as you actually do it, you learn and it becomes easy, and after time you will become wealthy if you ply your new learned trade.

This is unfortunately how the world works for 99.9% of folks. The others are born into wealth or hit the lottery.