Dustin Hahn’s YouTube has him telling you that he knows how to find real estate properties that cost around 40% to 90% below market value. And with his Next Level Real Estate Method, he will show you how you can do the same in just five steps. We don’t even need any real estate experience, nor do we even need to leave our homes to be able to learn this system. And once we’ve mastered it, we’ll be able to close one to two deals a month and make money as a real estate investor, even when the real estate market is kind of bad (like in today’s conditions). But is he telling the truth? This Dustin Hahn review may give you the answer.
Dustin Hahn is a real estate investor who owns 6 Day Cash Buyers, an Ohio-based company that offers to buy any unwanted real estate properties near their area. The good reputation of the company earned them an A rating with the Better Business Bureau website. As a real estate investor, Dustin claims that he’s able to secure five to ten real estate deals per month, and during his free training, he even shows some examples of houses he bought for well under market value. He usually keeps them and places them for lease or rent to make some passive income out of them, but for some of his real estate purchases, he either wholesales them, or flips them.
From being an oil rig worker to now a successful real estate investor, Dustin admittedly has come far since then. And through his Next Level Real Estate Investing program, he claims that anyone can do the same. All you need to do is to follow his five steps for it. The first step is to find a list of motivated real estate sellers. Dustin says that homeowners who have not paid their property taxes can be good candidates. These can be found on a tax lien list, which is a list of individuals or businesses whose property can be legally claimed by the government once they’re not able to pay for the necessary taxes (a tax lien). The second step requires you to select a real estate list providing service. Bandit signs, the MLS, Zillow, and Craigslist are bad suggestions because they’re all saturated, as Dustin claims, so he suggests using PropStream. The third step is to download the tax lien list. The fourth step is doing what they call a “real estate skip tracing”, especially since they’re more likely on a different location now and you may have trouble meeting them in person. This is so you can get hold of their contact information. The final step is to essentially contact them once you got hold of the details. Depending on the scale of the deals you’re going to make, you may need special software to send your offers to multiple sellers.
This basically forms the blueprint of Dustin’s real estate strategy. He says that you can earn approximately $10,000 to $70,000 on real estate deals just by using this method. Furthermore, his coaching program teaches other things, such as how to find great deals before your competition does, how to negotiate a deal so you can buy them for as much as 90% below market value, how to pick up properties for less than $1,000; and how to hire virtual assistants to do all these work for you. Dustin doesn’t mention anywhere how much his training program costs, only telling it when you book a call. However, he suggests having a budget of around $5,000 to $15,000 for this. Which is, honestly, is just too high of a cost for a business strategy like this.
Like of course. The real estate industry is an expensive one. Regardless of what kind of investment strategy that’s being taught, it still remains a fact that you’re going to need a huge amount of capital in order to pull it off. That’s because real estate is always an appreciating investment. This can be of good benefit if you’re going on the wholesaling or flipping route, but if you’re the type that is going to have to wait before the price somehow goes down, then prepare to wait for years. Furthermore, regardless of what Dustin says, the real estate industry today is quite weak, no thanks to the effects of the COVID-19 pandemic and the numerous restrictions in place to control it. Thus, if you’re going to make a sale using any property you invested in, it’s going to be the same deal. You’re going to have to wait for a very long time before you can earn any money from it.
Overall, I can’t really recommend this program. In fact, I can’t really recommend that you invest yourself into the real estate industry for now during this time period, especially if you’re a newbie. Dustin Hahn himself isn’t a scammer, however, so you be going to have any issues should you decide on spending money for his programs. But you may be better off building your own digital real estate and making money off of it instead of this business model.
ALTERNATIVE: Build Your Own Digital Real Estate With This