A Donovan Baker and Academy Acquisitions?

Question

I was asked by someone in one of my Zooms about a Real Estate Guru named A Donovan Baker and Academy Acquisitions? He doesn't have much info on his Facebook profile. None actually other than his cover logo on a loop. Apparently you pay $3,000.00 and then have to get your own LLC with him as your partner, do his Zooms and he's promising the world. Claims to have a $3,000,000.00 fund and access to a hedge fund. My contact said he has about 20 people regularly in his Zoom and you only get access after paying. There is no paperwork, agreement etc.

Nate Marshall · Answer

We have a database of 9,000 firms with 24,0000 C suite officers and managers for funds.

Jason Graves · Answer

@Jay Hinrichs

How would you find a list of hedge fund guys that might be interested in mobile home parks?

I have a team with 10 years of operational experience and we have a $3m dollar MHP fund but it’s time to pour fuel on the fire.  We have deal flow that can support $10-$50m...

Do you know a broker that could help me or what should you suggest?

Jay Hinrichs · Answer

I suspect they are just paying for information if they feel they get 3k worth of value then thats fine.. if its a constant up sell.. then we all know what that is.

Nate Marshall · Answer

Yep. It's like one acquisition. This guy has 20 people on his Zoom calls who have put in $3,000.00 and he keeps asking them to do more and more. I cannot find anything on him. I am helping the person who told me about this without asking for a penny.

Jay Hinrichs · Answer

as U know 3 mil is a drop in the bucket for a fund to do real estate deals..  and we all have access to wall st.. just pick up the phone..  or broker through the bigger players that have LOC's with wall street..