All Forum Posts by: Account Closed

@Andrew Schmitt , I did find the course helpful. If you are going to purchase one course or another I would recommend NNAs. They go over a lot of different documents and breaks them into categories so it's easier for your note. They also provide some good resources ie. cheatsheets for the docs and a quick "what you should say" kind of sheet. When I get back home I will activate my signing service accounts both with NNA and snapdocs.com, I hope to cut my teeth on a few jobs that way. Then I have some realtor friends that I will pursue and start trying to infiltrate the escrow service world and go direct.

Hope that help some!

@Nathan DeJonge , wish I could answer with a little more first-hand experience but I am just starting out. I just signed up and completed my certification through the NNA, National Notary Association. I want to say it was around $170 for the course and background check. The course was well put together and structured well. I don't think the Notary Signing Agent course is required to sign the closing docs but might score you a job at the beginning over someone who doesn't have it. 

The course also explains that you can go direct with Title Companies, Escrow Companies, and even RE agents to get direct business which usually pays more. Or through a loan signing company that you sign up for and they essentially contact you to take signing gigs. That option is up to you to print all the docs yourself and then mail them shortly after signing. They take a portion of the fee as well.

I just completed it all and have another month abroad before I am home and am excited about the prospect of making a little cash, learning about the business and starting a network of RE professionals.

Good luck.

@Mark S. , I'd say it sounds like you are doing it smart then. I think that is the key takeaway, running your own numbers and making sure that it works for you. I suffer from analysis paralysis as well, which, is why I have been considering TK again myself. Certainly a lot of options out there and it sounds like you are on track to being successful! 

Cheers.

@Mark S.

@Dean Letfus

Some very good talking points here. 

I am looking into the TK world as well and am a bit torn. Probably the biggest takeaway I have seen from BP is that you can't trust their pro forma and need to really dig deep into the numbers yourself. I agree with Mark that time is money and for people who have the money and not the time, this might be a valid option. However, I also agree with Dean, most likely buying a TK will not be a case of "you make your money when you buy". 

Perhaps holding it long term you could see the appreciation and equity build up that makes real estate appealing. Probably the biggest issue I now see with TK is that unless you find a good enough deal that has built in equity and positive monthly cash flow it could be a risky deal. I don't know how many times I have bought something (*ahem cars) and said that I will own this forever, then end up selling it a few years later for one reason or another. 

I'd say with the times a changing, it really is about the numbers. Why not send out to your target market but include a sampling of another set. If you get any sort of response from that set, resend to that set of home owners.

If in a pinch you could hire www.wegolook.com to take pictures and video. Not suggesting that seller, buyer or wholesaler make any decisions based on this but might prevent any further expenses if the photos come back a disaster.

@Chris Pritchard Thanks for your comments. I would certainly agree that there is value to the program and I am glad that you see it as a complete value added course and well worth it. Perhaps in another 6 months I'll come back and completely feel different. 

@Jay Hinrichs sounds like I need to get a very inquisitive email off to you!!! The course certainly covers desert areas, sometimes I wonder if that area may just be over inundated with offers because of the course??? Maybe not... Thanks for taking time to read the post and comment back!

BLUF: I would exercise the "30 day money back no questions asked guarantee" if my good conscience would allow it. My new goal is to exercise the 180-day buy/sell and post a video option to recoup my money. I bought this program about 20 days ago. I did some self study on land flipping through REtipster.com and Google but felt like I was still missing something. I watched some of the videos saying how great the program is, so I paid into it. The reason I'm not asking for the money back for the program is I know I learned from the program. With that the idea I had of the land geek and their "systematized systems" and use of geeky technology the toolkit left me wanting. The website is very slow, the videos are dated. Some of the material is not rehearsed and seems like an after thought to just add in to the program. The free trial of the Facebook group is sub-par. The mastermind calls are good but not worth the money. The page is not super active other than by all the newcomers. I will not be paying for that service. I wrote an email to their support address with a few very pointed questions. Was told to ask them in the mastermind group or seek out the coaching program. Probably the biggest reason I dislike the program is at every turn I feel like I'm being up-sold. In the mastermind calls sometimes someone is looking for advice and after discussing it for a while a comment like "I'll fill you in offline" will be made. As if they don't want to give out that info to everyone listening to the recorded call. I even heard it on one of the landgeekpodcast episodes. Someone wanted to give a "tip of the week" but was told not to because that was "too valuable" a tip. I feel like if you really want the good material you have to pay for the coaching or mastermind program or seminars. If you've made it this far, I feel like education is worth paying for. I plan on making this strategy work but I've already found that I won't be using all the techniques taught in this program, maybe a few. That's just my two cents. I hope it seemed fair and without emotion. (I have some opinions I have developed but will hold my tongue) Any new comers I'd suggest passing on the program, continue to teach yourself. This won't teach you anything you can't learn on your own. I'd rather have the money for more mailings. There is a private Facebook group called "Land Motivation" which is far better with supporting members. Good luck to everyone!

@Bryan BlanckeI'd consider @Jay M.Facebook group, there is so much information in there it's awesome. I would also recommend checking out @Seth Williamswebsite REtipster.com go through there and read his articles. I paid the money to get a copy of some of his template. Cheaper than hiring a lawyer and cheaper than most of the other gurus out there. What I have found now is that many of the purchase offers and agreements are very simple and not really complicated enough to hire a lawyer. The main this is to always leave the buyer (yourself) an out! Good luck!

Boulder, Colorado is blowing up right now because a realtor professional who also happens to be an investor bought a tax lien three years ago and foreclosed on the property recently. Newspaper is chalking it up to "he only owed $800 in taxes and lost his house".