DC Fawcett VREIC Freedom System Reviews (2024 Update): 10 Things You Should Know!
Virtual Real Estate Investing: Introduction
Virtual real estate investing is thought to be reserved for major real estate professional investors or real estate executives. However, this is not completely correct.
Virtual real estate investing is here to stay, especially given the effect of the coronavirus on the US real estate market.
You do not need to go to other states to do property research.
Business details location is no longer a barrier to buying an investment property.
Anyone, from anywhere, may make profitable investment decisions thanks to real estate investing tools and real estate investor's websites.
Now, I do want to be totally honest in this review, so...
This DC Fawcett VREIC Freedom System review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.
- DC Fawcett is an expert on virtual real estate investment
- Offers mini-course
- No initial capital required
- Risk of dealing with scammers since the transaction is virtual
Why Listen To UsMy name is Josiah, and this is my Dad, Joel.
Together, we make up the team here at Scamrisk.
If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.
In early 2020, I had just graduated from college & had no real career prospects.
I knew I was destined for something more, but I had no clue how I was going to make it happen.
I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.
I had fiddled around with some different online businesses in college:
Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.
Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.
All I really wanted was to find something that was going to actually work for me.
Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.
So I searched! And searched… and searched… and searched…
And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).
I didn’t really want to be “rich”.
The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.
Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.
I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.
Fast forward a few days and a few phone calls & I was enrolled!
Here’s the first “money making website” I put up:
I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.
The best part to me? My dad and I get to do it all together!
So between the:
Is why I recommend local lead generation as my #1 business model for making money online.
Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.
I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!
The spotlight for today’s article will be DC Fawcett Virtual Real Estate Investing Club, a learning tool and platform designed by DC Fawcett to help real estate investors learn about virtual real estate investing.
Entrepreneurs interested in real estate might benefit from these blogs, which can help them avoid scams.
What To Expect From This DC Fawcett VREIC Freedom System Review
This review will go over DC Fawcett Virtual Real Estate Investing Club to see if it really is the best virtual real estate course out there.
You'll learn whether virtual real estate investing is the right online business for you.
And at the end, you'll find answers to some of the most frequently asked questions regarding DC Fawcett Virtual Real Estate Investing Club and virtual real estate investing in general.
But most importantly, you'll see the exact system many others have used to build their own internet marketing business to over $40,000 a month in mostly passive income.
What Is Virtual Real Estate Investing?
Virtual real estate investing is doing real estate research and investment property analysis utilizing real estate investing software before purchasing an investment property.
It is basically remote real estate investing, as opposed to the conventional strategy of physically attending showings.
It is a cost-effective method of doing out-of-state real estate investing since it eliminates the need for travel and the accompanying expenses and time needed. Not to mention that it greatly simplifies the process of searching for off-market investment properties, which would otherwise include physically traveling around places.
Virtual real estate investors invest in long-distance real estate from the comfort of their own homes.
What is The Virtual Real Estate Investing Club? What Is This DC Fawcett Real Estate Business?
Virtual Real Estate Investing Club was founded by DC Fawcett.
DC Fawcett invests in a variety of markets around the country.
This virtual real estate investing group is committed to assisting both novice and experienced investors in learning the best investment strategy in the world, also known as Virtual Real Estate Investing.
This club expects you to participate and interact. You will be asked to leave if you do not comply. There is a welcome post where you have to identify yourself and explain why you have joined.
The first step is to watch the VREIC MiniCourse, which will provide you with a thorough grasp of what Virtual Real Estate investing entails and what it can accomplish for you.
To get the MiniCourse, click here: http://virtualrealestateinvesting.club/MiniCourse
Who Is DC Fawcett?
DC Fawcett is the founder of the DC Fawcett Virtual Real Estate Investing Club, a platform where you can learn real-life examples about what's performing best in today's real estate investing market.
DC Fawcett specializes in Virtual Real Estate Investing. He invests in multiple virtual markets and has perfected the art of virtual wholesaling, rehabbing, and cash flow investing in multiple virtual markets in which he does not reside.
Through his own DC Fawcett Virtual Real Estate Investing tools, DC Fawcett specializes in helping people in learning and growing their real estate investing businesses.
DC Fawcett is especially pleased with his students' ability to organize their businesses via outsourcing and team development. This enables the investor to spend more time doing activities he or she enjoys, such as spending time with family and friends.
DC Fawcett is passionate about his proprietary system which he uses to educate entrepreneurs on how to build their businesses and produce several income streams.
On his site, DC Fawcett offers free Virtual Real Estate Investing advice. He likes spending time with his family when he is not helping real estate investors in starting or growing their businesses.
Things To Know About Rehabbing Investment Real Estate Property
The process of renovating investment properties is sometimes romanticized. Buying a run-down house, putting time and money into it, flipping the property as a better and more attractive home, and walking away with a tidy return is one of many would-be real estate investors' most enticing fantasies.
But don't be deceived. Before you delve into your first home, there's a lot to understand about real estate rehabilitation (rehabbing). Being a good real estate investor and a good rehabber are not synonymous.
So, here are ten things every real estate investor should understand regarding rehabbing investment real estate property.
Your investment properties are not your home.
Keep in mind that real estate investing is a business. Investment properties that you purchase and sell are not your home.
Every other real estate property you buy to rehabilitate must yield a profit, and every move you make about the property's rehab must be based on profit margins. If you don't think this way, you won't get a good return on your investment, and your real estate career will be short-lived.
Most people are unable to rehab real estate on their own.
Even a general contractor will almost certainly hire subcontractors to complete elements of a renovation.
Even if you are the most accomplished do-it-yourselfer on the planet, you will almost certainly want assistance rehabilitating your investment property, if only for the sake of speed and efficiency.
In addition to contractors, you'll need a real estate attorney for permits and legal issues, as well as an accountant to ensure you get all potential tax savings.
Never buy an investment property without first calculating the repairs with your contractor, and never begin a rehab project and real estate transaction without a budget.
Allow for unknowns and overruns in the budget, and then endeavor to keep the real estate project and real estate transaction as near to budget as feasible without compromising profit.
Working with the Right Contractor Increases Profit
Trying to save money by hiring a cheap or unskilled contractor usually ends in catastrophe and reduces your profit.
Cheap contractors make bold promises, but they are seldom the most cost-effective option in the long term.
A trustworthy, experienced, and licensed contractor that charges a little more will generally increase the profitability of your renovation while performing a better quality of work more quickly.
Permits should be checked.
Permitting is responsible for two of the worst things that may happen to an investor:
Failure to examine permits for previous owners' modifications to the property may result in the inability to sell the property.
Failure to get permits before beginning a real estate rehab project may result in a work halt by authorities, delaying the real estate project and drastically increasing expenditures.
Know when you should advertise
Some investors promote a flip or a rental property early on but do not "hang up the sign" until all upgrades have been completed and the house has been staged. Other investors advertise early and allow potential buyers to see the property and provide feedback on the makeover.
Whatever works best for an investor to maximize earnings is the ideal approach to manage investment property advertising.
However, one thing is certain: networking and maintaining a mailing list of real estate agents, real estate buyers, and/or renters interested in an investor's investment properties is the most effective method to market.
Insurance against loss is essential in any business, but it is particularly vital when you have employees working on your property with risky equipment.
When rehabbing investment property, you'll want to make sure you're fully insured, so you'll probably want to check with a real estate attorney to be sure you've covered all of your bases. Furthermore, protocols must be in place to guarantee that contractors have current licenses and insurance.
Fire, theft, and flood insurance for an investment property, landlord liability insurance, and employee health insurance are some of the types of insurance you might carry.
In real estate terminology, seasoning refers to how long a homeowner has owned their house. If the seller of the property they want to purchase hasn't owned it for more than 90 days, buyers searching for an FHA loan and putting less than 20% down will be refused financing. This is due to HUD legislation intended to discourage house flipping, which occurs when people acquire properties and attempt to resell them at a higher price within a few weeks in order to earn a quick profit.
The seasoning time must be completed before a traditional lender would cut the interest rate on a hard money investment property that has been rehabilitated and placed on the rental market. With a hard money loan, you'll have to pay a higher interest rate for at least a year.
Rehabbing is difficult
There's a reason why seasoned investors use a major real estate professional to identify, acquire, refurbish, sell, or rent out their investment properties.
It's not simple to rehab investment properties and put them on the market. Aside from the capacity to repair the physical residence, there are legal obligations to meet as well as unanticipated hurdles to face.
If you want to sleep better at night, have a happier life, and earn more money, do what other successful real estate businesses do and hire a major real estate professional to rehab your property.
DC Fawcett Real Estate: How To Make Money In Foreclosure Investing
You may help people going through the foreclosure process by making their down payments and profiting from the first mortgage. You may easily get the remaining profit margin by holding the property's second mortgage.
What Is Virtual Wholesaling?
Virtual wholesaling is the technique of selling real estate remotely or "virtually," enabling you to access attractive markets outside of your immediate location. It's mostly the same as standard wholesaling:
- Find undervalued real estate
- Do the math on a potential deal.
- Negotiate a sale with the owner
- Look for a cash buyer
The differences are in HOW you do each step.
For example, "driving for dollars" is a frequent strategy for finding undervalued real estate bargains.
This technique, like many others, is unworkable for virtual wholesaling.
What Is Short Sale Investing?
For the unfamiliar, short sale investing in real estate is simply listing a home for less than the amount owed on the mortgage.
There is often a misunderstanding between a short sale and a foreclosure. Let's clear that up right now.
They are simply financial solutions accessible to property owners who are distressed borrowers who have fallen behind on their mortgage payments and have a home that is worth less than the outstanding balance on the mortgage. As a result, the owner is required to sell the real estate in both scenarios.
However, the timescale and other repercussions differ in each case.
Can I Make Money In DC Fawcett Real Estate Investing?
Yes, You can!
There's a lot that comes along with real estate that many people struggle with.
Now, don't get the wrong idea...
It's not impossible to make money with real estate, but if you're gonna put in the amount of grueling work to do this business (which, trust us, isn't easy), you might as well bring in some REAL money while you're learning the ropes.
Is DC Fawcett Virtual Real Estate Investing Club Legitimate? Or Is DC Fawcett Virtual Real Estate A Scam?
DC Fawcett Virtual Real Estate Investing company is not a scam.
However, DC Fawcett Real Estate Club got horrible ratings from their customers. To take a look at DC Fawcett Real Estate Club ratings in Trustpilot, click this link: https://www.trustpilot.com/review/dcfawcettrealestate.com
It is entirely possible to build a profitable, successful real estate business... But there are better ways to build a business other than with real estate.
Our #1 pick proves this. Because, unlike DC Fawcett Real Estate Investing Club, it actually provides real proof of real success from real people as recently as a few days ago.
DC Fawcett: How to Avoid Real Estate Scams and Fraud When You Buy Investment Property
In a real estate deal, gullibility is not an option. A lot of scam artists are former real estate agents who utilize the real estate system.
Here are some warning signs of real estate scams. You must be prudent whether buying, renting, or selling real estate.
- Never make a hasty decision. It may be a great bargain, but you must investigate. If you are a tenant, you should inspect the inside of the property rather than merely look at it from the outside.
- Some former real estate agents may be so persuasive that you may fail to recognize them as scam artists. These scammers will have a profile on company social networking sites like LinkedIn with outdated or incorrect information that the victim feels is correct. Unlicensed real estate agents are still selling houses. So ask for the real estate agent's license.
- Some real estate sellers may purposefully sell off houses that have problems. They will, however, provide the impression that the real estate is seamless. As a result, it is good to ask as many questions about real estate as possible, including the reason for selling off real estate, and so on.
DC Fawcett Virtual Real Estate Investing Club Review Conclusion
According to DC Fawcett, most billionaires are made in down markets, which is where we are right now.
DC Fawcett would want to teach you his virtual real estate investing ideas if you want to capitalize on this new, post-pandemic economy.
There's no need to get out of the crib or meet someone in person.
You don't need any capital. And there are plenty of deals to be had since the large "bully buyers" (Zillow, Redfin, Opendoor) are being compelled to play it cautious in these uncertain times.
But, when it comes to building a business, you have plenty of options.
And even if you're dead set on becoming a virtual real estate investor, you've got way better options than DC Fawcett Virtual Real Estate Investing Club.
Keep in mind, we don't get paid to promote any of the programs we review. We personally think virtual real estate investing is a great business model, but you could end up leaving way too much money on the table.
What Is Our Top Recommendation For Making Money Online In 2024?
Where DC Fawcett Virtual Real Estate Investing Club falls short is in scalability.
Because in order to make a good amount of money with real estate, you have to own several different houses.
And who has that kind of capital to start?
But what if you went local?
With Local Lead Generation, you will be getting service requests from multiple sites at every minute of the day from people who are willing to pay a lot of money for what you can provide them.
I was watching a YouTube video once where the host made a comment that it isn’t about making a lot of money from one website… it’s about making a little bit of money from lots of different websites.
So, think of it this way….
What if you could have streams of investment income where you operated 10 rental units that you could charge anywhere from $750-1,000 per month?
That’s $7,500-10,000 per month in passive income!
What If You Invested Into 100 Rental Units?
But instead of spending $Millions to build houses or apartment complexes… you spend a couple hundred dollars to build websites.
You then get those websites ranked in the search engines for specific home-based services that customers are searching for.
Next, you offer your lead generation system to local business owners who are looking for customers and are willing to pay you for their information.
You’ve just created a Digital Leasing Investment Empire that is potentially earning you 4-5 figures in PASSIVE INCOME on a monthly basis without spending a single dime on ads.
With conventional Digital Leasing, you have to compete with thousands, if not millions of others who are selling the SAME product to the SAME customers.
Once the training program is completed you will also have access to a Facebook group much better than the DC Fawcett Virtual Real Estate Investing Club group in our opinion. This group is much more active.
Unlike DC Fawcett Virtual Real Estate Investing Club, where you’re profiting maybe $250 per property, you could be getting 5-10X THAT.
With Local Lead Generation, the competition is virtually nothing and your profit margins are 85-90%.
#1 Business Recommendation
We each make around $10,000 per month with the help of this system.yes, show me more