I think being open and honest about the ugly side of deal sourcing will actually help you sell the course. Potential course candidates can see that you’re not just here to take their money and run, you actually want to give them the chance to know everything about the strategy, the good and the bad 👌🏼 keep it up! Loving the videos 👊🏼
Great video! People saying it doesn’t cost anything to get started are blatantly lying when it costs to set up a company and be compliant as you guys said. Thanks for keeping it real!
I am so grateful for this video because I am learning to deal source from Sam Leeds' DSM and I gotta say that I did feel like my expectations for deal sourcing was being set too high. I am from America and want to deal source here in America so I'm thankful that you give the other side to doing this business. I do not want to be another failed deal sourcer so I'm truly hoping that I can start my business correctly so that I can get moving more quickly.
@@FontaineBrothers Really? Would results shown at Companies House not be a good indicator on whether a person(s) is the right person(s) to offer courses and/ or content?
We got scammed last year after borrowing over £250,000. Does that show on companies house? We had 2 bridging loans to pay off too at the same time, does that show on companies house? Over half a million pound hole that we got out of last year, does that show on companies house? Our new sourcing company was opened a few months ago, are the accounts shown on companies house yet? We’ve paid out over £200,000 to the members on our deal sourcing course this year, does that show on companies house? So yeah it’s irrelevant, nice try though👌
@@FontaineBrothers Can you back up any of those very, very unfortunate events? Cold, hard, proveable facts are all that matters, and Companies House results give cold, hard proveable facts. If, as you say, you have been 'scammed,' perhaps you should consider if you are in the right field. Repairing household appliances and home/ garden equipment might suit instead? You've still not answered how would you describe your figures at Companies House. That says a lot.
Great video - interested to know more about the 'keeping up with market conditions' - how does one do this? Is it on courses? Group chats? Facebook pages?
Hey, thanks for the info. I just want to know which AML company do you use to get compliant? If you're already with the PRS and client money protect do you still need AML?
Hey bro have a quick question I’m at a loss and was hoping you could give me some advice ? I’m currently in the process of buying a house with my partner and there is something damp issues. The sellers have agreed to put aside 3.5k to give to us to carry out the works. Estate agents are saying they can only knock it off the asking price which is no benefit to us as we then do not have the cash to continue. Is there a way we can get the cash from the seller to us without it being an issue? Really appreciate your help man!
This is probably too late for advice, as its a month ago, but do not listen to Estate agents. They are absolutely clueless when it comes to anything except the prices in their areas........ Seek advice from a good conveyancing solicitor. They can write up a back-end mandate so you can get some money back once the sale is made. I'm a property investor, and the amount of sh*t talk and bad advice Estate agents have given me(especially at the beginning of my journey) has made me lost all confidence in anything they tell me. Ps, I'm in Scotland, so I'm not sure if the rules are different, but a good solicitor will set you straight
Pretty much, but you’d still need to set up a company and get compliant which comes at a cost. Deal sourcing is the cheapest and fastest way to get your foot in the door