PinPoint Profits Feedback

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PinPoint Profits Feedback

Jared Cauffield
Rental Property Investor · Columbus, OH · Member since 2017 · 42 posts · 16 votes
Has anyone tried the PinPoint Profits tool by Connected Investor? It is supposed to help investors source deals (pre-foreclosures, probate properties , etc.) all at “the click of a button.” Seems to be relatively new but it’s intriguing me. If anyone has any experience with this or any other similar properties I would be interested to hear you take.
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Costin I.
Rental Property Investor · Round Rock, TX · Member since 2016 · 1k+ posts · 971 votes
7y

@Jay Johnson @Gerald Alphin @Debbie Liu @Bianca Basch @Jim Froehlich - personally, I think it's too good to be true, but maybe y'all should get together and purchase a license, divide the cost, but also divide the risk and find out if worth. Let me know if interested - I have another one I would like to apply the "divide&conquer concept" - the "housingalerts.com" by Ken Wade - anyone of you heard of it?

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  • Jay Johnson
    Lansdowne, PA · Member since 2018 · 5 posts · 3 votes
    8y

    Hey Jared Im trying to find out the same thing. Have you tried it yet? I need a real review before i spend $1500 on it. Let me know please if you find out anything about it.

    1Reply
  • Jared Cauffield
    OP
    Rental Property Investor · Columbus, OH · Member since 2017 · 42 posts · 16 votes
    8y

    @jay johnson no I have not tried it.  I am hoping to get some more feedback here first.  Let me know if you hear anything.

    0Reply
  • Gerald Alphin
    Flipper · Snellville, GA · Member since 2017 · 6 posts · 1 vote
    8y

    Guys I'm all over it too with research.  Haven't heard any real customer reviews.  If it's what they say it is, it'll be a game changer.  Let's come back here with anything we find out.

    0Reply
  • Debbie Liu
    Investor · Queen Creek, AZ & San Diego CA · Member since 2016 · 15 posts · 5 votes
    8y

    I love to hear more as well. Just finished their webinar today and very tempting to jump on board with them but like to do some research before the investment. 

    1Reply
  • Bianca Basch
    Rental Property Investor · Nashville, TN · Member since 2014 · 2 posts · 3 votes
    8y

    You may want to check https://www.biggerpockets.com/forums/79/topics/414833-connected-investors-largest-rei-scam-on-the-internet?page=2

    1Reply
  • Jim Froehlich
    Investor · NH · Member since 2016 · 134 posts · 61 votes
    7y

    so....after 7-8 months, has anyone invested into the Pinpoint Profits system and if so, any positive or negative feedback? Some people must have pioneered into this "game-changing" territory by now...I've seen 3-4 different threads on this, but not one actual buyer yet...I almost watched a seminar about 10 minutes ago because I was going to give feedback to my son who is a Real Estate Agent and investor interested in flips, but then I saw someone say $3K and 300/month, so I opted out quickly...it is supposed to be "the Big Brother of MLS"!

    Logically, I'm not sure how buying into a system can work any better than doing targeting marketing and grass roots research with lists available today...it seems to me in the world of find/(fix)/flip, you're either generating your own leads or paying others to generate your leads, so paying $3K plus 300 per month (or any amount) could only be judged based on quality of leads and ultimately ROI actuals. Am I missing some potential magic from the find/flip single family world?

    the more I think on it...the more I would think paying a successful (hands-on) mentor $3K and $300/month, would be better investment...along the lines of learning to fish instead of buying fish...someone recently told me they spend about $5K/month of marketing for every wholesale deal they do and they average about $10-12K profit for each deal. not fix/flip, just wholesale....so I guess there's many ways to look at ROI for such things..

    0Reply
  • Costin I.
    Rental Property Investor · Round Rock, TX · Member since 2016 · 1k+ posts · 971 votes
    7y

    @Jay Johnson @Gerald Alphin @Debbie Liu @Bianca Basch @Jim Froehlich - personally, I think it's too good to be true, but maybe y'all should get together and purchase a license, divide the cost, but also divide the risk and find out if worth. Let me know if interested - I have another one I would like to apply the "divide&conquer concept" - the "housingalerts.com" by Ken Wade - anyone of you heard of it?

    3Reply
  • Jim Froehlich
    Investor · NH · Member since 2016 · 134 posts · 61 votes
    7y

    @Costin I., great idea!  I'm trying to stay focused on apartment syndications right now, but will definitely recommend @Jake Froehlich to check it out for potential cost-share (and housingalerts) since he is actively looking for off-market properties  Thanks again!

    1Reply
  • Michael MorrongielloPro Member
    Specialist · Napa, CA · Member since 2015 · 123 posts · 31 votes
    7y

    This Pin Point Profits "System" has been marketed now for almost a year... Has NO ONE tried using it to see if its produced results for them in the following areas: 


    1) Ease of use

    2) Accuracy of the Data (Phone #s, Email addresses, Social Media contact info, etc.)

    3) Any hidden ongoing costs? 

    4) Experience with the Quality of the Leads

    Would love to hear.....

    1Reply
  • Christopher A Deacon
    Specialist · Sanatoga, PA · Member since 2018 · 4 posts · 1 vote
    7y

    The fact that this was posted 18 months ago and no one has commented on if they purchased it intrigues me. Either the program is so awesome that no one wants to share their experience, or everyone is too skeptical to invest that kind of money and think its too good to be true. lol I'll keep following to see.

    1Reply
  • David RobertsonBusiness Member
    Flipper/Rehabber · Kansas City, MO · Member since 2010 · 758 posts · 780 votes
    7y
    Originally posted by @Christopher A Deacon:

    The fact that this was posted 18 months ago and no one has commented on if they purchased it intrigues me. Either the program is so awesome that no one wants to share their experience, or everyone is too skeptical to invest that kind of money and think its too good to be true. lol I'll keep following to see.

    Here's an on-going thread about the company that created the system.

    https://www.biggerpockets.com/forums/79/topics/414...

    FlipperForce
    WebsiteView Page
    1Reply
  • Christopher A Deacon
    Specialist · Sanatoga, PA · Member since 2018 · 4 posts · 1 vote
    7y
    @David Robertson Thanks for this information I really appreciate it. Puts my mind at ease and I know my intuition is still on point.
    0Reply
  • Gerald Renoe
    Specialist · FL · Member since 2018 · 27 posts · 13 votes
    7y

    I attended the webinar yesterday and have read the CI CEO's response to other threads here on BP. It looks to me like what CI has done with PiN is to aggregate many sources of REI leads. While that is a highly valuable service it does not seem to warrant the very high price.

    Also, they are shooting themselves in the foot by making huge claims and grandiose predictions. The webinar felt more like a late-night infomercial rather than a solid presentation for a legitimate product. 

    Having said that, I may try it. At a minimum it would help me quickly vet all those lead sources versus trying to figure them out 1 by 1. 

    0Reply
  • Andrew Mitchell
    Davie, FL · Member since 2018 · 1 post · 0 votes
    7y

    Hello everyone. I was thinkung about getting the pinpoint system myself and thought it was too good to be true. The only reviews I've seen on this os on the better business Bureau website so if anyone is wondering. Go there, they have the reviews. 

    0Reply
  • Lucy Auburn
    Cullman, AL · Member since 2017 · 6 posts · 1 vote
    7y

    The only review I have seen was in the BBB here is the link... https://www.bbb.org/us/nc/wilmington/profile/real-estate-investing/connected-investors-inc-0693-90022973/complaints

    0Reply
  • Cesar Gamarra
    Rental Property Investor · Miami, FL · Member since 2018 · 22 posts · 9 votes
    7y

    Hey guys, anyone interested in purchase a membership together? 

    The deal that they just presented in $1497 for 6 months and then $97 a month if you desire to continue using.

    1Reply
  • Matt Moore
    Member since 2019 · 43 posts · 14 votes
    7y

    I just listened to the webinar sales pitch for PIN.  Apparently, I was the only person from my city that was allowed into the webinar?  If that is not click-bait, not sure what is and it smells fishy for sure.  I clicked anyway and listened while doing other things. 

    It sounds so fishy and makes such big claims.  I would consider trying it for a monthly fee with a monthly contract.  The fact that they required a huge up-front cost indicates that they don't believe that users will continue to pay for the service.  

    I actually believe that the service and software may be useful and save time but the cost is much too high.

    The price they have listed on the website is $1997 & $299 per/mo for Limited and $2997 & $299 per/mo.  The limited is only 1 city.  That would not work for most of us.  I am looking in no less than 6 cities in the area.   Only info and deeper searching cost extra.  

    They claim thousands of users.  I would be intrigued to know how many active users they really have and what their churn rate is after the 6 months.

    0Reply
  • Leah Lattimore
    Member since 2018 · 1 post · 0 votes
    7y

    I know some one who bought it. I logged in to look at it. From what I could see it gives you a lot of info on the properties . It includes the lead type , phone number and fb. After seeing what it does I really would like to buy it. I am willing to split cost and risk with some one.  

    0Reply
  • Kevin Cunningham
    Rental Property Investor · Riverside, CA · Member since 2019 · 6 posts · 2 votes
    7y

    Just listened to the webinar and came here to see what people thought. Today it was 1497 and no mention of a monthly fee. I’m very skeptical but would consider partnering with a few of you guys to test it out. 

    1Reply
  • Patreece Young
    Investor · Greensboro, NC · Member since 2018 · 8 posts · 2 votes
    7y
    Originally posted by @Kevin Cunningham:

    Just listened to the webinar and came here to see what people thought. Today it was 1497 and no mention of a monthly fee. I’m very skeptical but would consider partnering with a few of you guys to test it out. 

     Hi Kevin,

    Did you find someone to split the cost of PiN?  Let me know, I am willing to split the cost to try it. 

    0Reply
  • Patreece Young
    Investor · Greensboro, NC · Member since 2018 · 8 posts · 2 votes
    7y

    If anyone wants to split the cost of PiN, please inbox me.  Thanks.

    0Reply
  • Phillip Butler
    Member since 2018 · 1 post · 1 vote
    7y

    Don't buy! Click Link below:

    https://www.bbb.org/us/nc/wilmington/profile/real-estate-investing/connected-investors-inc-0693-90022973/complaints

    1Reply
  • Jo Greene
    Real Estate Broker · Sacramento, CA · Member since 2019 · 12 posts · 1 vote
    7y

    I have listened to the webinar + I have more than one investor client who has purchased this to try to replace me (!) on the buy side. Here is the problem I have heard: no one can tell how much rehab a house needs before doing a thorough inspection. Even if they did drive bys (which they do not) you could step into a floor with holes, moldy drywall, hoarding, illegal "improvements" the list goes on. Never know what's beyond the front door. Also, at the end of the day their incredible investors are just hard money lenders. This may be a short cut motivated seller lists but that already exists at a fraction of the price.

    0Reply
  • Account Closed
    Investor · Orange Park, FL · Member since 2015 · 31 posts · 10 votes
    7y

    Hello, I have tried this system. It's been about 3 months now. I have yet to close any deals as a result of this system. I'm getting too many mailers returned for wrong addresses. I wasn't able to contact any sellers via phone or email. The phone numbers were either no in service or wrong number. From my short experience with the system, it appears to me the seller's information seems to be outdated. The ones I skip traced were either already sold or weren't selling at all. At this point, I'm definitely not getting a good ROI.

    3Reply
  • May Emery
    Specialist · Member since 2019 · 494 posts · 220 votes
    7y

    @Account Closed I am not familiar with this group. However, the industry standard for compiled lists is 90-95% deliverability. Some are better due to list hygiene - National Change of Address (NCOA) and CASS for address certification from the post office.

    0Reply
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