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FAQ’s for the “How to buy foreclosed properties” training

After announcing that enrollment is now open to the public the other day, I have received a lot of questions about the “How to buy foreclosed properties” online training. Here’s a list of answers to the most frequently asked questions.

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Frequently asked questions:

Q1. Aside from online, do you offer an “actual” training? Why don’t you offer a live training instead?

A. At the moment, I don’t have an equivalent “face-to-face” training. If we did, that would probably last for more than 6 months.

I could offer one, but a completely “live” and “face-to-face” training that has everything in my online training would be very costly to run, and the enrollment fee will obviously be more expensive (my estimate is more than double).

I created an online training so more people can learn, no matter wherever they are, with a lower enrollment fee, and having it online also overcomes the limitations of a traditional live/face-to-face training (ex. very limited time to ask questions and get answers, no way to update topics, etc.), so offering one would defeat the purpose. (If you really want a live/face-to-face training, please tell me why by replying to this email.)

Q2. Why is the training expensive/cheap?

A. The question depends on who is asking. Let me explain.

For the unfamiliar, they probably don’t know that a specialized half-day training session would cost from Php3,000 to Php5,000. Each of the 10 modules in my online training is comparable to a specialized half-day training session.

Using simple math, that would have been Php3,000 x 10 = Php30,000. But my enrollment fee is way below this at just Php22,197.00, and yet you will get a 16-week step-by-step training, which you can review anytime and as much as you want at your convenience, and you can ask as many questions as you need, which is very useful down the road when the time comes (when you need to get answers for a deal you are working on).

Of course, this would be like comparing apples and oranges.

A “laser focused”, and highly specialized live training can be priced anywhere from Php38,000 to Php60,000 and more. Now those are better comparables for my online training, but notice the price difference?!

That’s why people who know what’s included in my training says I’m charging too low.

Q3. How do I enroll?

A. You can enroll online via PayPal or credit card through the following page:

https://www.foreclosurephilippines.com/members/enrollment2016/#buynow

After successful payment online, you will be logged-in automatically into the training area, and your login details will also be sent to you via email.

Alternately, you can also pay via bank deposit. Bank payment instructions are also on the link above.

Q4. After signing up, what is the next step? How do I know I have successfully enrolled?

A. For PayPal/credit card payments, upon successful payment, you will get instant access to the training area, and access to Module 1 and 2. Your login details will also be sent immediately via a welcome email. The welcome email also contains important details like the link to the login page, your username/password, what modules you already have access to, how to get support, etc. (If you you encounter any problems while paying online, please immediately send an email to support@foreclosurephilippines.com or call/text me at +639178843882 so I can assist you)

For bank deposit/remittance, once I identify and tally your payment, I’ll create your login details and this will trigger the welcome email that has all the details mentioned above, and you can also proceed with Module 1 and 2 at your own pace. Please take note that bank remittance can take 1-2 business days to appear at our end.

Everyone who has successfully enrolled will receive a notification from us via email. If not, let us know by sending an e-mail to: support@foreclosurephilippines.com or send a text message to +639178843882

Q5. When will the training officially start? Do you already have a schedule?

A. Upon signing-up (for PayPal/credit card payments) or upon verification of bank deposit/remittance, you can already proceed with Module 1 and 2 at your own pace. The next Q and A session will be on Tuesday, September 6, 2016, which will cover Module 1 and 2. The rest of the modules will be released on a weekly basis, 3 times per month (there will be one rest week per month to prevent burn-out, which can also be used for catch-up)

Q6. If I won’t be able to enroll for this online training, how soon is the next batch?

A. The earliest schedule for the next batch will be by January 2017. Please keep in mind that you still get a chance to get one of the remaining 64 slots (As of August 30) that will have lifetime access to the training and the lifetime/unlimited access to Q and A webinar/mastermind sessions. I can’t guarantee this will be available for the next batch.

Q7. Is this an ebook selling network marketing plan?

A. The training is a combination of both training videos and live question and answer webinar sessions.

It is not in ebook format because it would simply be too long to read all the content if I were to transcribe all the videos and Q and A sessions in an ebook. The training will last for 16 weeks, and is like a subject in college for 1 trimester, but I will make sure you will not feel overwhelmed with proper pacing.

With regards to marketing, I have one module dedicated to marketing your property, after you have renovated it. The topics in this module are as follows:

Module 9 – Marketing strategies for your property

  • Overview of marketing real estate
  • How to sell your property quickly
  • Effective Internet Marketing strategies for real estate Part 1: The basics
  • Effective Internet Marketing strategies for real estate Part 2: Online Classifieds and Social Media
  • Effective Internet Marketing strategies for real estate Part 3: Your Online Sales Funnel
  • How to Conduct An Open House And Sell Quickly

For your reference, a complete list of all modules/topics can be found at the enrollment page:

https://www.foreclosurephilippines.com/members/enrollment2016

Q8. I’m a real estate broker, will this training allow me to get Continuing Professional Development (CPD) units to renew my real estate broker license?

A: Not at the moment, this training will not earn for you any CPD units as of now.

Checking if this can can qualify as part of “self-directed learning” activities with the PRC is in our to-do list, but I can’t give any promises as of now on when we can do this.

More questions?

If you have more questions that were not answered here, just let me know by leaving a comment below.

Remember, enrollment shall only be open to the public up to September 2, 2016, 11:59pm.

Time left to enroll:

Enrollment closes when the timer reaches zero.

 

Click here to learn more / enroll for the training

Best regards,
Jay Castillo – Owner and founder, ForeclosurePhilippines.com | True North Online Marketing Services

P.S. For everyone who enrolled via bank deposit (thank you!) but have not received their login details, please let me know immediately by sending an email to support@foreclosurephilippines.com with the following details:

  • Name
  • Email
  • Telephone #
  • Scanned copy/picture of deposit slip/remittance (for bank payments)
  • Bank branch (for bank payments)

For those who enrolled via PayPal/credit card, but did not receive the welcome email from us, please forward to us PayPal’s email with payment details so we can check and resend the welcome email.

Thanks again!

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About Jay Castillo
People encounter problems and make mistakes when buying foreclosed properties, and Jay wants to help people avoid those problems/ mistakes. Jay encountered a lot of those, which is why he started this blog in 2008 to serve as a guide where he shares lessons learned, and how to overcome challenges you may encounter when investing foreclosed properties in the Philippines … [Read more]
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7 thoughts on “FAQ’s for the “How to buy foreclosed properties” training”

  1. How would i know that this is not one of those internet scams again (sori for this honest question)? Likewise, why should it be a one-time payment only? why not make it on a per module payment basis. This way, we can prove that your marketing service is true after all, w/o risking such a big amount of money. tnx.

    Reply
    • Hi Ms. Emy, thank you for the honest question. I really can’t blame you to be skeptical, especially with all the scams out there.

      Although I can re-assure you and say “I have a reputation to protect…”, or “I have a proven track record…”, or “People who know me can vouch for me that I am not a scammer etc etc…”, but that would be worthless for someone who really does not know me, right? Besides, I know people who have said those things, but later scammed other people.

      So I’ll just use logic…

      If I were to scam people, why would I bother to create more than 70 training videos which I have been revising and improving for the past 4 years? Why not just create an irresistible investment offer that promises big returns (just like the common get rich quick scams out there that people fall for), and start taking money… why even bother creating a training if my aim was to scam people?

      Why would I even bother to even try to explain the whole process of buying properties to those who keep asking, when I can just say “Invest your money with me and I will give you a guarranteed XX% return on your investment…” (just imagine how many people would actually part with their money… think of the Aman futures scam, etc) and then after amassing millions, I can just take the money and disappear like the scammers out there.

      If I were a scammer, why would I even bother closing enrollment when I can just leave it open indefinitely so I can continue getting people to sign-up if my intention is just to get as much money as I can? (FYI, I had to close enrollment because the training had already started inside the training area, and I had to turn down a number of people who still wanted to enroll because it would be hard for them to catch-up… why would I do that if I was a scammer?!).

      Or, why don’t I just make highfalutin promises and say “You can make millions and millions of money by doing a secret that I will share with you in the training… blah blah blah…” so that more people will enroll. Actually, I believe I may have turned-off a lot of people when I shared the outline of the training because it makes it obvious that investing in real estate takes a lot of hard work.

      I hope I’m making my point clear that if I was a scammer, I would probably be the dumbest scammer ever because I wasted a lot of time doing what I did, instead of just focusing on “enticing” as many people as possible to part with their hard earned money.

      As to the one-time payment, here’s the context: people only have to pay once and they get lifetime access to everything. There will be no recurring payments, there won’t be any up-sells inside… there simply won’t be any surprises down the road, which I believe would have been scammy.

      Of course, I understand that some people would want to have the option to pay via installments, but there was simply not enough time to implement something like this (either manually or through software) as the training was already ongoing by the time a significant number of requests for this reached me. In the earlier batch, people didn’t ask for this.

      As to making each module available individually as stand-alone modules, that is in the pipeline, but it would take a major re-write of the whole training as it is originally meant to be taken as a whole by going through the entire process, and it’s not a simple matter of just chopping it all up, because I built the training in a way where missing one module can make it very hard to understand the other modules. They are all intertwined at their present state.

      Yes I know, if I offer the modules individually, more people can afford the individual modules. This brings me back to my earlier logic, if my aim was to really scam people, then I should have just offered the per module option anyway, so that more people will enroll, and I can scam more people. Offering the training as a whole obviously made the training unaffordable for some people, which would be so stupid of me to do, if my aim was to scam as many people as possible.

      By the way, if I may ask, why do you refer to this as a “marketing service”? Do you think this is some form of network marketing?

      As to the “big risk” because of the enrollment fee (which is big in your opinion), this is one reason why I included a 30-day money back guarantee. Again, people who have taken the training say I am charging too low, and some even went out of their way to mention this on my facebook wall. People know the value of the training, and this is probably why I have had zero refund requests.

      I hope this clarifies things, but I understand if you still have doubts. Again, thanks for the honest question.

      Reply
  2. Sir Jay ask ko lang po kung pwide ako mag tanong dito sanyo about BFS foreclose property.Totoo po yan kasi po kasi nasearch ko lang sa pinadala niyo na email sa akin about foreclose property at nakita k yun mga house dun pero BFS na my ari sir parang pag ibig din po yan?Kasi my nasearch ako nagustuhan ko yun house tapos tinawagan namin ang BFS office sabi ng bfs po na my discount tapos yun price ng house is 649thousand makukuha nalang daw namin ng 500thousand ganun po ba yun bfs sir maganda sana kung totoo tsaka yun naba talaga yun fix price ng house po at wala na km babayaran na iba tulungan mo naman kami sir Jay kasi wala ako idea about sa bfs foreclose ofw po ako gusto ko bumili ng house ko yun kaya ko lang na price ,sana mareplyan niyo ako sir Jay thank u & godbless

    Reply
    • Hi Marlyn, yes po, may discounts talaga ang BFS. Basta po mag transact kayo direct sa BFS (punta po kayo sa office nila) para sure. Good luck and God bless din po.

      Reply

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