Wholesaler · Los Angeles, CA · Member since 2009 · 48 posts · 28 votes
13y
I have Jack's system and it is definitely a workable system. I purchased it and have since have purchased various parcels for pennies on the dollar. However, having said that, one criticism I have of Jack's system and in fact all of the systems that the other real estate gurus promote, is the amount of effort is GROSSLY underestimated. The amount of effort that Jack and many other gurus say it will take before you close your first deal is absolutely not even close to how much effort it will take. Not even close. If you work this business diligently, several hours a week and send out mailings regularly (I sent out a few hundred postcards / letters each week), you will get a handful deals not in weeks, but in a few months.
For example, using Jack's system as a model, I started my land flipping business in January. I purchased my first property in May (and yes, I worked the system diligently, several hours each week, from January to May and sent out thousands of letters / postcards in that time). In the next couple months after that I purchased three more properties. Now I am working on selling them. The good news is I have almost completely figured that out, I have a number of people interested in my parcels, but it is nearly October and I started this business in January. Again, I'm not angry with Jack, I greatly admire and respect Jack but I do have to say that this idea that you are going to send out a few hundred letters and get some deals I have not found to be accurate. I have also not found it accurate to say that anybody could start this business with only a few thousand dollars. Heck, I probably have spent a few thousand in marketing alone, much less the amount I spent for the properties.
See, something to keep in mind, is that if investing in real estate was really as easy as the gurus say, everybody would be doing. It requires a lot of money and a lot of persistence. In fact, more persistence than most average people have. That is why there are so few successful real estate investors compared to the number of people starting investing businesses.
Renton, WA · Member since 2009 · 127 posts · 15 votes
16y
Hmm reading that topic seems that people are making judgement about his systems without actually knowing what it is and just knowing the "idea behind it".
Altus, OK · Member since 2008 · 2k+ posts · 690 votes
16y
Originally posted by Ivan Jouikov:
Hmm reading that topic seems that people are making judgement about his systems without actually knowing what it is and just knowing the "idea behind it".
It's not that it's the guru mindset. The mindset is that all they care about is coming up with $1500-$2000 courses so they can suck money out of your pocket.
Seriously if Jack does all of these deals so much why does he need to create a thousand dollar plus course.
He's your typical guru that creates these courses,has his inner circle of friends spamming your emails to buy it through their link so you can get bonuses and Jack goes to the bank hundreds of thousands of dollars richer before he made the course.
Why invest in real estate anyway. Just create a course, charge 2 grand for it,hype it up and collect the cash :roll:
And why is he doing another course he already has a course that he charges $2000 for. I'll tell you way MORE MONEY IN HIS POCKET :roll:
Renton, WA · Member since 2009 · 127 posts · 15 votes
16y
What's wrong with an additional stream of income?
Have you studied his course? Do you speak from experience or are you simply a speculator who assumes everyone who tries to sell something for "2 grand" and actually uses a sales process in the process, is ultimately selling you garbage without any kind of system that has worked for him at some point in time?
Real Estate Investor · Aurora, CO · Member since 2009 · 15 posts · 19 votes
16y
Here's my opinion (CAUTION: I'm biased) :lol:
Yep, Jack's course is offered with 2 options - $1,500 and $2K. Yep, he'll make a lot of cash from sales.
Yep, there are a lot of affiliates selling it and offering some pretty crazy bonuses. Myself included. :cool:
No doubt about it.
Here's the deal. You can look at it from the perspective that every course should be priced at $97 and that it must be bogus if someone sells somethingg at a higher price point than what you might think is "fair".
But... if you stand to learn how to make an extra six figures over the next year 9and each year thereafter) as a result, would price $2K price still bother you? Probably not.
If so, simply don't buy it. It's totally a matter of choice. Some folks feel they can learn all they need from a $20 book and some actually believe that all they need is located right here for free. Again, it's a matter of perspective.
The same argument could be made for buying and selling houses (if that's your thing). Is it 'fair' for you to make a couple grand (or tens of thousands) when you put together a deal in a couple of hours? Lots of folks don't think so but will that affect your 'moral' judgment if someone cries foul because you're making a substantial profit?
Mr Investor, if someone is spamming you simply report them and get them shut down. However, if an individual opts in to a mailing list and then cries "SPAM" when they're actually marketed to as a result... well that'd be pretty silly.
Real Estate Investor · Aurora, CO · Member since 2009 · 15 posts · 19 votes
16y
Ivan,
Yeah, I bought it last year before he made the additions. It does everything he claims it does and that's (partly) why I decided to promote it this year.
Again, you can always return it for a full refund if you decide it's not for you but if you actually put it to use (most don't even bother opening courses they buy) you'll most likely knock out a profitable deal or two in the next couple of weeks.
Real Estate Investor · Kahuku, HI · Member since 2009 · 148 posts · 25 votes
16y
Originally posted by Mr_Investor:
Originally posted by Ivan Jouikov:
Hmm reading that topic seems that people are making judgement about his systems without actually knowing what it is and just knowing the "idea behind it".
It's not that it's the guru mindset. The mindset is that all they care about is coming up with $1500-$2000 courses so they can suck money out of your pocket.
Seriously if Jack does all of these deals so much why does he need to create a thousand dollar plus course.
He's your typical guru that creates these courses,has his inner circle of friends spamming your emails to buy it through their link so you can get bonuses and Jack goes to the bank hundreds of thousands of dollars richer before he made the course.
Why invest in real estate anyway. Just create a course, charge 2 grand for it,hype it up and collect the cash :roll:
And why is he doing another course he already has a course that he charges $2000 for. I'll tell you way MORE MONEY IN HIS POCKET :roll:
Mr. Investor....I take it you've bought a few courses in the past. I feel you! :wink:
Real Estate Investor · Aurora, CO · Member since 2009 · 15 posts · 19 votes
16y
Ivan,
Yes and Yes. :lol: It's all in there.
I've been working tax deed sales (land as well as houses) for nearly 10 years and have done several thousand deals in that time.
Jack's course is all about buying and selling (mostly) free and clear land. I feel that's one area that the course lacks a little bit because it only covers land deals.
Personally, I work these deals in multiple states from multiple angles (land, houses, liens) and have included "the missing chapter" as an added bonus to cover exactly how I make these deals happen.
While it's not rocket science, an organized system definitely makes it all run a lot smoother.
Contractor · Philadelphia, PA · Member since 2009 · 85 posts · 65 votes
16y
Originally posted by Jose Rodriguez:
Hell, just wait a couple of months and get the course on eBay for pennies on the dollar!
You got it! Remember a lot of folks buy the course and never us it. So they figure they might get part of that $2k back by selling on ebay. Check out Ebay first, even if it is not there now it will be in a few months. All the land deals will still be there waiting for you to become a millionaire.
One other good idea before buying a guru course always check out the site RipOffReport.
Here is a link to Jack Bosch.
Real Estate Investor · Aurora, CO · Member since 2009 · 15 posts · 19 votes
16y
James,
Seriously? LPG launched on Monday and now someone is selling a "new" copy of the course for a BIN price of $600?
How cool is that? Instead of getting all of their $2K back via a refund (if dissatisfied with the course), they wisely decided to sell at less than half price on ebay? Also interesting about the seller's "no returns" policy. Makes perfect sense because it'll likely arrive to the unsuspecting buyer in FUBAR condition. :lol:
Now nobody's saying that you're suggesting anyone actually buy a bootleg course off of ebay because...
That'd be like someone here on BP suggesting that a fellow investor pay $100 to somebody "other than the owner" of a property to sign a Deed in order to gain ownership.
Dennis, no doubt there are a lot of scams out in the market place. It sucks and they deserve to be exposed. But let's keep in mind that ROR, unlike snopes.com, doesn't bother to verify submissions or perform any fact finding effort at all. That's why it's a free-for-all for folks like "Jack Bosch Scammer" (is that the submitter's real name?) :cool:
Anyone can post on ROR (you, me, disgruntled tenants, employees, haters of all kinds, etc). It's just plain good ol' wholesome mud slinging entertainment... like The National Enquirer.
Altus, OK · Member since 2008 · 2k+ posts · 690 votes
16y
LOL um when someone says they've done 5000 deals it usually means they've done 5000 DEALS not buying half and selling half what kind of guy is this anyway :roll:
Renton, WA · Member since 2009 · 127 posts · 15 votes
16y
It's got nothing to do with the system.
When someone starts bashing someone else because they're trying to sell something... That reminds me of high school and girls going "she's such a slut" - which they only say because they're jealous.
Lexington, KY · Member since 2009 · 2k+ posts · 1k+ votes
16y
Relax...I did not see where anyone posted any deragatory names or anything about them. They just posted thier opinions. No big deal...If you like the guy then that is fine, if someone else doesnt, so be it.
Altus, OK · Member since 2008 · 2k+ posts · 690 votes
16y
Originally posted by Ivan Jouikov:
It's got nothing to do with the system.
When someone starts bashing someone else because they're trying to sell something... That reminds me of high school and girls going "she's such a slut" - which they only say because they're jealous.
It's called an opinion my friend if you don't like it then you're in the wrong board.
Real Estate Investor · Northeast TN, TN · Member since 2008 · 516 posts · 361 votes
16y
Originally posted by Mr_Investor:
He's your typical guru that creates these courses,has his inner circle of friends spamming your emails to buy it through their link so you can get bonuses and Jack goes to the bank hundreds of thousands of dollars richer before he made the course.
Right you are! Now, I'm not against free enterprise, but geeeze...on "launch" day I had 50+ emails in my inbox, all nearly identical, reminding me to get Jack's land flippin' profit thingy. All promising 1000's of dollars in bonuses if I only purchased from the link in his/her email. Can you say AFFILIATE link???? Woe is me, I suppose I will NEVER be a profitable investor. I didn't buy the course.
With that being said, there are some good courses out there. Just be selective.
Real Estate Investor · ten mile, TN · Member since 2009 · 1k+ posts · 374 votes
16y
I do not mind people stating their opinions about anything, but lets face it here. But this thread was apparently started as an advertisment for the System. Ivan started the thread asking a question and then asked all respondents something like "What is wrong with doing that".
The fact is that this is a Guru system and to cultivate the emails off a great site like this to spam with emails is just wrong. I am not saying that anyone of you have done this, but I am beginning to see the email complaints about the system's users. If it takes that to make money with his system I want no part of it as my reputation will end up being shot to XXXX!!!!!!!!!