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Reviews & Feedback

All Forum Posts by: Ashley Daneman

Ashley Daneman has started 0 posts and replied 5 times.

Post: Looking for Honest Feedback on The FlipStress

Ashley DanemanPosted
  • Investor
  • Savannah, GA
  • Posts 5
  • Votes 20

Quote from @Chiara Montalenti:

Hi everyone, my name is Chiara and I came across this forum while googling on the Flipstress program and your comments are really valuable to me. I will have a zoom call with them today and will still listen their proposal but thanks to you all, I see there may be different options for me.

I'd like to take a chance to explain my challenging situation, hoping somebody can help me on my journey. 

I'm from Italy and I will relocate to Missouri next year: considering my background in architecture and design, I would like to start flipping houses with a focus on small, old properties to rehab (just because my european concept of space may help when it comes to optimise small houses). Of course the most difficult part for me is that I don't know anything about the local market and it's not easy to set up a business plan while living on the other side of the world. So far, I've been looking specifically to opportunities in Saint Louis city and county and I found out the programs of the LRA and some associations and agencies for the neighborhoods revitalization, but I'm struggling to find the right resources to deeply analyse the local market and trends. Are there specific websites I can refer to? Which would be the steps you'd take in my position? Through your posts, I also learned about the REIA, do you think it would be a good starting point to get in contact with them to receive information or a reference of someone who may help me, and maybe do the same with the above mentioned association and agencies that works to improve the area?

I was also thinking about a real estate course but as per my understanding, I wouldn't be able to be licensed because I'm still not living there, so my plan is to wait a bit more to enroll in a course to make sure I'll have all my documents ready first (apparently after the completion of the course, I will have no more then 6 months to do the exam to get licensed).

Sorry for the long post (and maybe some grammar mistake) and thanks in advance to everyone :)


Chiara



 Hi Chiara,

Her course does teach you her way of analyzing properties and local trends by zipcode, but what I discovered after meeting local investors is that everyone has their own way of analyzing properties and their own interests in the different neighborhoods. So, you could ask people to sit down with you and show you how they do it. Most REI's I've met are very generous people in terms of sharing their knowledge and contacts.

In terms of the local market, there are websites that help you find good areas to invest in and you can get a simple analysis from Redfin like this: https://www.redfin.com/city/16661/MO/St-Louis/housing-market

But, I think a lot of cities like mine probably have a ton of nuance in terms of everything that goes into understanding the local market street by street. I learned mine by driving around, looking up a bunch of properties online and looking at a bunch in person, listening to everything people said at the meetups and asking a ton of questions to local investors.

If you have the money, her course is a bit of a shortcut to learn what you need to know, but it by no means is everything you need to flip in a local market. No one in the course can advise you on that, unless of course, you meet local flippers who are also in her course, but they are usually also beginners.

Post: Looking for Honest Feedback on The FlipStress

Ashley DanemanPosted
  • Investor
  • Savannah, GA
  • Posts 5
  • Votes 20
Quote from @Anne Doyle:
Look on Trust Pilot Flipstress, for reviews of that program. The training modules were fair to good. Sis was good and professional. I felt like she was a great Admin./Moderator. She answered questions in a polite professional way. You get lifetime access to the module.

I had a similar experience with that program as everyone else on this thread. I see some of these posters fear retaliation from that program. I had that same feeling. I left a review of my experience and sure enough, got told I was the problem.

It was sold and marketed to me as a facebook support group. A place to bring your struggles, questions and get support. When I got to the Flipstress facebook group, I quickly learned they wanted only positive success posts. I also made positive posts to adhere to their guidelines, but those were also turned off. My neutral questions were incorrectly misinterpreted as "negative" or "excuses". Debbie flips in an easy market. Prices are super low and cheap. Try that on the west coast, where a 600,000 home became a 500,000 home in only 7 months during our price correction. Here, prices were dropping 20,000 a month for a year, for a total of minus 100,000 and when I asked for advice about it, I was told I was making excuses. Tons of people saw that and private messaged me, asking if I was okay. They felt like I was not supported. Some of them messaged me to say be careful, as they felt I was being encouraged by the program to have a wreckless disregard and take a dicey flip gamble and lose money. Anyway, the program could have told me to just try another market, but no. I had to figure that out for myself all on my own. Here I am years later, 3 in escrow. Due to things I figured out on my own. It's going well.

There is a saying out there. If you want others to speak highly of you, then treat them better. You don't get to narrate their story of their experience with you. If the program can treat people better, stop twisting things against negative reviewers and allow all posts, happy and sad, positive and negative, struggling and winning, then I will recommend it. If you are teaching people to swim, yes, you might LOVE the kids who get it right away and make you feel like a great teacher, BUT, if you are teaching students to swim, you don't ignore your drowning students! You put MORE love and work into them. You change your teaching technique. You don't attack drowning students or say they are making excuses. I am a teacher, so I gave an example. Like it? I am only saying because I care so much about the program that I want to see it improve to support the flipping struggles (also seens as negative) and I want the program to support the strugglers too!
Hi Anne,
I'm so sorry you were treated this way. I just saw their reply to your review on TrustPilot and it's really sad (and rude!) the way they tried to discredit you. It's easy to see through their immature tactics. I was the first one to review them on TrustPilot a few months ago and they've clearly orchestrated a campaign to get a bunch of 5-star ratings on there, but we (and others) know the truth and I thank you for sharing yours here. I want to completely validate everything you said about the program.

Post: Savannah Georgia multifamily

Ashley DanemanPosted
  • Investor
  • Savannah, GA
  • Posts 5
  • Votes 20
Quote from @Patrick Forelli:

I'm looking to invest in a STR in savannah, but I'm confused with the regulations. It seems that most areas are not zoned for STR's and most permits are taken. Anyone have any suggestions?

Hey Patrick!
I'm sure you've seen this website, but this is the full info: https://www.savannahga.gov/1476/Short-Term-Vacation-Rentals

You could buy a property with a STVR certificate already in place.
You could by on Wilmington and Whitmarsh Islands - they are not regulated yet. To the west is also popular, like Pooler, but I'm not familiar with regulations.
You could do Mid-Term Rentals, 30+ day anywhere for now.
You could house hack and from what I understand, there is no restriction if the unit is owner occupied in some form.

Post: Looking for Honest Feedback on The FlipStress

Ashley DanemanPosted
  • Investor
  • Savannah, GA
  • Posts 5
  • Votes 20
Quote from @Evans Debeza:

Hi All, 

I am new to real estate investing and am looking for ways to help help me expand my knowledge and experience in the business as I look to grow my portfolio (currently have two properties, one ground-up, one flip & rent, both totaling 5 rental units). I Have been greatly enticed by The Flipstress, but can't help but think it's a scam??? I get super paranoid about these things, especially when there is a lot of money involved. It's either a great investment, or a complete scam. But I wanted to get some honest feedback of people who have experience with her program, or know people in it. 


Thanks!

I joined the program in November of 2022 after doing a zoom meeting with the sales team. I told her, I only need to make $50k this year, and she was like, that will be "easy." I figured a $8k investment was no issue if it was going to be easy to make $50 within the year. That was not the case.

I agree with @Tara Charlton that the basic information is useful, but I too, got the most value from connecting locally with my REI meetup groups. I also agree that the "coaching" is not great and there is no space to critique the concepts or express any form of dissent. There is a lot of throwing your questions back in your face and what felt like yelling through the keyboard. She appears so dang cool and friendly on the podcast, but my feelings were genuinely hurt on multiple occasions in the FB group by the coaches responses to my honest questions. I would have given them this feedback directly, but they are so defensive that I figured it wouldn't be received well and I'd be wasting my time.

Another woman connected with me via FB to get my opinion on the course and she told me that her salesperson said that all the women who go through the course are 100% successful. Yeah, nope. I think less than half of the FB group even posts at all. I can personally vouch for two other women in my city who were in the course. It's been nearly a year and neither one has bought a house. The one has been hustling hard just like I have, and the struggle is real. But, if you struggle in the group, you'll have your butt handed to you. If you're not successful, it has nothing to do with real estate in general, your specific market, or interest rates, or a small personal REI network, it's that YOU aren't doing enough. I had a couple other women from the group reach out to me and they felt the same way. I'm grateful that other real estate experts online can at least validate that real estate investing is being affected by current economic events.

Anyway, I do not recommend Debby DeBerry's program. I'm super sad that such a great idea and content is damaged by the quality of the leadership. But, I'm happy to help you in any way I can if you want to connect and talk!

Seems like everyone is moving to Savannah these days and there isn’t enough housing to keep up. I just moved here 8 months ago and it’s fully fantastic. However, if you believe these scientists, there are major economic changes that will come with climate changes to this area, so I’ll purchase in the “cool spots” of the future now as well as beautiful Savannah. https://projects.propublica.or...