TLDR – What’s The Verdict On The Brewer Method
The Brewer Method has gained positive recognition in the real estate investor community. Eric Brewer has been featured on various real estate podcasts like Real Estate Distruptors, Bigger Pockets, and Future Flipper. His method, considered revolutionary, focuses on a unique real estate wholesaling strategy.
Wondering if this could be your path to financial freedom? While this model can generate income, there are downsides to consider.
For newcomers, applying novations to existing deals is not recommended due to the complexities and added risks involved. These could result in substantial financial losses or legal complications. Here are some key points to consider:
- Loss of Investment: Investing in rehabs without the title under your name carries significant risk. If the interested retail buyers back out, and you can’t sell the house because you don’t hold the title, the rehab costs become wasted.
- Legal Issues: Sellers may file petitions if they believe they were taken advantage of. If the court determines you didn’t fulfill your fiduciary responsibility, legal repercussions may follow, possibly leading to a court-appointed resolution.
- Power of Attorney: Sellers may attempt to include power of attorney in novations contracts, introducing additional risks. Having a lawyer and title company review contracts is crucial to mitigating these issues.
- No Hard Money Loans: Securing hard money loans is challenging as the property is not technically yours. This means you’ll be using your own funds unless you can form a partnership with the seller or another party.
What if you could enjoy the benefits of real estate investing without the typical barriers like substantial investment, legal complications, and dealing with loans?
Digital Leasing offers a unique solution, providing mostly recurring income in a semi-passive manner. Potential monthly earnings range from $2,000 to $10,000 and beyond, allowing you to scale your efforts without the usual annoyances of real estate investments.
This alternative removes many barriers, allowing you to build your income stream without the complexities mentioned earlier. Once you’ve accumulated profits, you can consider venturing into physical real estate investments down the line.
If you’re curious about Digital Leasing, check here.
Who Benefits From The Brewer Method And Who Should Pass?
The Brewer Method could be a suitable choice for you if you fall into any of the following categories:
- You’re exploring diverse entry points into real estate, particularly interested in trying wholesaling.
- You have the time and inclination to learn and master the intricacies of novations.
However, it might be best to steer clear of The Brewer Method if:
- You’re a novice unwilling to take risks, as novation agreements involve advanced knowledge of real estate contracts.
- You seek a steady and dependable income; real estate wholesaling lacks predictability and isn’t conducive to planning a monthly budget.
- You reside in a state with stringent regulations on wholesaling, often due to instances of certain wholesalers causing inconvenience to property owners.
The Brewer Method: 1,000 FT View Of This Business Opportunity
| Program Name | Brewer Method Novations Course |
|---|---|
| Owner | Eric Brewer |
| Price | $8,500 |
| Refund Policy | 30-day money back guarantee |
| Origin | 2022 |
| Website | https://brewermethod.com/ |
Business Model
Eric Brewer’s strategy revolves around novation wholesaling. Real estate novation wholesaling is a unique way of doing property deals.
Here is how it works: the wholesaler makes a deal to buy a property from a seller. The goal is to then sell or transfer that deal to someone else before the deal is finalized.
The special part is the “novation” – the wholesaler hands over their rights and responsibilities in the deal to a new buyer, essentially swapping the new buyer for themselves in the original contract. This lets the wholesaler make money by selling the deal at a higher price than what was first agreed upon with the seller.
However, novation wholesaling isn’t a walk in the park. It requires a good grasp of real estate contracts and the legal details of moving around contractual duties.
For beginners, there’s a level of risk involved – mistakes might lead to losing money or dealing with legal issues. To be successful, novation wholesaling calls for sharp negotiation skills, a solid understanding of the market, and the knack for spotting profitable opportunities in real estate transactions.
About The Guru – Eric Brewer
Eric Brewer is based in York, Pennsylvania. He wears many hats as a real estate investor, mentor, and CEO of Brewer Method. He heads Integrity First Home Buyers. It’s a company specializing in quick house sales for Pennsylvania homeowners, mainly in the southern part of the state.
Managing a team of 35 employees, the company engages in diverse deals—25% in wholesale, 25% in fix-and-flip and turnkey projects, and a significant 50% in novations since 2008. To promote these activities, Eric utilizes marketing methods such as direct mail, pay-per-click (PPC), and television.
Beyond Brewer Method, Eric serves as the vice president at Hillside Financial and co-owns CR Property Group. Eric’s journey into real estate began post his service in the US Army in 1993. After excelling as a car salesman and ascending to the role of sales manager at Diehl Motor Co, he dove into fixing and flipping homes in 2006.
He is motivated by a desire to spend more time with his family. Eric adopted novations into his strategy in 2010, learning about it from his attorney. In 2021, he expanded his reach by teaching novations, ultimately leading to the creation of Brewer Method.
| Socials | No. of Followers |
|---|---|
| 11.3k followers | |
| 3,434 followers | |
| YouTube | 455 subscribers |
| TikTok | 5,211 followers |
How Much Does Brewer Method Cost?
The Brewer Method Novations Course is priced at $8,500, while the Wholesaling 2.0 ebook bundle is available for $5.
What’s My Personal Opinion On The Brewer Method?
If you’ve been following my ScamRisk journey, you’re aware that I’ve explored various real estate programs such as Brian Page’s BNB Formula and Pace Morby’s Gator Lending.
Assessing these programs is a hands-on task that involves careful examination. Navigating through the plethora of reviews to distinguish reliable options from the not-so-reliable ones can be challenging.
Here’s how I go about evaluating an online program like The Brewer Method:
- Guru’s Real-World Experience: I verify if Eric has practical experience running a real estate business, as this firsthand knowledge is crucial for the program’s credibility.
- Community Support: I investigate whether the program provides a private Facebook group or online community. A supportive community is essential for overcoming challenges and gaining valuable insights.
- Program Value: I gauge how the program’s value aligns with its price, ensuring that it delivers on the promised benefits.
- Creator’s Transparency: I consider transparency regarding costs, upsells, refunds, and the overall deal as a critical factor.
- Public Feedback: I don’t solely rely on Eric’s claims. I seek feedback from users on platforms like Trustpilot, Reddit, or the BBB for reliable and unbiased opinions.
My Recommendation On The Brewer Method
Now that we understand how to evaluate a program, let’s apply this approach to The Brewer Method.
Let’s start with the positives. Eric brings more than three decades of experience and a solid reputation in real estate, so this means the experience of the guru is great.
They also offer a private Facebook group and boast perfect 5-star reviews on the SoTellUs site. That’s good too.
However, there are the top reasons why I wouldn’t recommend The Brewer Method:
- High Upfront Cost: Besides the $8,500 course fee, there could be additional costs associated with negotiating and closing deals.
- Limited Coaching Calls: Given its price, it falls short by not including regular one-on-one coaching and mentorship. (You need to request it)
- Lack of Reviews: It’s essential to note that Brewer Method has a non-disparagement agreement in its terms and conditions, legally preventing customers from sharing negative comments about its products, programs, or personnel. This lack of real reviews raises concerns about transparency and unbiased feedback.
Is There Any Truth To Brewer Method Scam Allegations?
So, is The Brewer Method a scam?
No, The Brewer Method isn’t really a scam, but making money with it may not be as easy as Eric Brewer claims.
Real estate wholesaling can be profitable if you have the capital, skills, and knowledge to secure good leads, navigate legal matters, and consistently close profitable deals. Utilizing novation agreements, especially in challenging seller situations, is a valuable strategy.
But, it’s worth noting that novations are often employed by experienced real estate investors, making it a high-risk approach less suitable for beginners.
What if you can spend your free time building Digital Rental Properties that offer recurring income with each property bringing in $500-$2,000 monthly?
All you need is just a laptop and an internet connection. My friends run their 6-figure Digital Leasing businesses from different locations like camping in the woods, enjoying the beaches of Bali, or traveling in a camper van.
They can take extended breaks, yet their income remains steady, emphasizing the importance of prioritizing happiness.
If the idea of living at your dream vacation spot appeals to you, Digital Leasing might align with your goals!
What’s Inside The Brewer Method?
With The Brewer Method’s Novations Course, you receive a comprehensive package that includes in depth trainings.
To excel in wholesaling houses, start turning seller leads into valuable opportunities. You can strategically target distressed properties, utilizing creative financing methods. Then optimize deal flow to maximize profits in a competitive market.
- 11 Step-by-Step Training Modules: In-depth training covering the A-Zs of real estate novations deals for real estate agents.
- Ready-to-Use Novation Agreement Forms: Templates for novation agreements, making the process more accessible.
- Access to Exclusive Facebook Group: Membership to a private community for networking and additional support.
- Library of Example Documents, Scripts, and Resources: Extensive resources, including documents and scripts, with video instructions.
- Customized Infographic and Animated Explainer Video: Tools to share with sellers, aiding in lead conversion.
- Novation vs Wholesale Calculator: A helpful tool for comparing novations and wholesale deals.
- Onboarding and Strategy Call: Initial guidance and strategy session.
- 3 Months of Weekly Group Coaching Calls: Regular coaching sessions every Wednesday at 3 pm EST.
- Access to the Joint Venture Program: Assistance in closing your deals through joint ventures.
You can start participating in the weekly group coaching calls immediately upon signing up. If you require coaching beyond the initial 3 months, ongoing weekly Q&A calls are available. Additionally, personalized 1-on-1 custom coaching sessions can be requested.
Conclusion: Should You Enroll In The Brewer Method?
No, I wouldn’t recommend The Brewer Method.
When it comes to real estate programs, there are likely better options. Considering the investment of both time and money for membership, there seem to be alternative programs that offer more valuable skills with lower associated risks.
Personally, I would choose an investment that ensures consistent monthly income and reduces the stress linked with real estate wholesaling novation.
What Is My Top Recommendation For Making Money Online In 2024?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet-bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
It’s worth noting that I FULLY endorse real estate investing as a way to grow wealth, and that’s why I invest my own money in commercial and residential real estate.
That being said, my #1 recommendation for making real money online as a beginner is, hands-down: Digital Leasing.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, Digital Leasing is for you.
Why?
Time: If you’ve got a spare hour-or-two each day, you can do this. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
Novation in real estate is a FULL TIME JOB. If you stop finding deals, your money dries up.
Ownership & Control: In novation, you give up ownership and control over the original contract, transferring it entirely to the new party involved in the agreement.
With Digital Leasing, you literally own all of the assets, which means you have ultimate control.
Ongoing costs: With novations, profit margins are actually pretty slim. Real wealth would come from making lots of deals.
In Digital Leasing, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with real estate investing, you would need twice as many properties, or double your profit margins on each property. And I can guarantee you , that’s a lot harder than a few clicks & a phone call.
Make Money Helping Real People: When you’re in Digital Leasing, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If we can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put FOOD on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other opportunities like The Brewer Method, which might make you money.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.
