Real Distressed Pro Reviews from Real Customers
"Distressedpro.com is THE tool that you need as a new note investor!" ― Read the full story.
"I wouldn't be without DistressedPro." ― Read the full story.
"If you want to be a professional in the non-performing note space you MUST have the tools available in Brecht Palombo's Distressed Pro Training." ― Read the full story.
"Thank you for developing the DistressedPro Academy and BankProspector platform. Although we are experts in what we do (judgment enforcement), we had little knowledge on the buying and selling of debt directly from the banks themselves. It's not an exaggeration to say that Distressedpro.com gave us the language and tools we needed to fill the gap in knowledge and now go directly to the source for deals." ― Read the full story.
I've been using distressedpro.com for over a year. I've been in the note business for over 7 years. It was an epiphany for me, a revelation, the content is outstanding. All the stuff we search for and that we need to locate and contact banks is available right at your fingertips. Its allowed me to make progress so much faster than I could have without it. Its incredible. ― Read the full story.
"I would not want to go through what we went through before we had your software. I recommend it highly. Your time is very valuable. If you're not talking to the right people you're not going to be buying any notes. It's as simple as that." ― Read the full story.
I use it 4-5 times a week because I'm constantly looking for the right banks and the right people. Before I had (BankProspector) it was like picking up a phonebook. To be honest I put it off (buying BankProspector) for a few months but Since I'm in this business I knew I had to have the right tools. It's been a life saver and a game changer and I thank you for it. ― Read the full story.
"I broker non-performing notes nationwide. I've been using it since 2010. I encourage my students to use your software and build a business around it. 3 clicks away and you're looking at the inside of a California bank. It's really the only tool you need..." ― Read the full story.
If I can use it anybody can use it. Tech is not my strong suit. I called [obscured] Bank and they told me they'd have something in 3-4 weeks. I also called [obscured] Cooperative based on what I found in BankProspector and I made a great connection. I've been using it for 3 days. ― Read the full story.
"Distressedpro.com continues to be an unmatched tool for the note and real-estate investor." ― Read the full story.
"Distressed Pro is an invaluable resource to get updated information on finding banks distressed and non performing assets. This system helps me locate the sub and non performing assets, find the decision makers, and gives me updated reports to help me speak intelligently about what types of loans a bank has that are in default." ― Read the full story.
"Finding the note deal is where everything begins... BankProspector gives you the data you need to find the right banks to buy/broker notes.... so you can go directly to the source! Wait there is more... Bank Direct Mastery gives you the right mindset and industry know-how to deal confidently with the bank. Implement both the software and course and you will be golden!" ― Read the full story.
"Anybody can do it if they do just what you said… It took me probably a good 60, 90 days to keep calling people back... So the end result of this in a latter part – actually I got the check February 4, I closed – in banking this is a relatively small deal, but was $8.25 million on some nonperforming notes. ... It’s about $20 to $22 million total. When I say $20 to $22 million that would be gross. We’d probably end up somewhere around $16 million as far as the actual buy. So, I get a point of that (1%) and that makes me happy." ― Read the full story.
"I think I’m in love… Already found a bank with $18MM parcel of land to build 500 units and they have no representation. This stuff is very exciting." ― Read the full story.
“If you go through all the material that’s in DistressedPro it’s very very well put together. You’re going to find it and you’re persistent with your phone calls you’re going to find that you will eventually get to a bank if you are if you’re going to stay on the phone and do what it takes.” ― Read the full story.
Distressed Pro has been an intuitive and invaluable analysis tool that allows us to quickly access and produce detailed reports on all of the FDIC bank related data and contacts at those institutions. The technology of DistressedPro allows our acquisition team to group by specific property types in a specific region of the country and drill down to a very detailed level of information to identify potential acquisition opportunities in our sweet spot, New England. We have been using DistressedPro for over a year now and find that the time savings more than pays for the already low subscription fees. ― Read the full story.
"I love the product, and it has allowed me to have a bank offer for me to purchase a $2.2MM UPB note pool." ― Read the full story.
"I spent thousands of dollars with 'gurus' pointing towards bank assets for deals. After being introduced to Distressed Pro I now understand the entire process banks must use to even be in a position to sell anything. I know which banks have distressed assets in each category, each quarter, who to call, and what to say to make my deals happen." ― Read the full story.
"I represent select private equity investment groups in the acquisition of performing and non-performing commercial real estate loans. Over the past year, I've successfully transacted over $100 million in loan acquisitions from commercial banks. I've been a BankProspector subscriber since March of 2010 and version 1.0 and have found that it's a very helpful prospecting tool." ― Read the full story.
"Great material, Excellent value. I signed up about a year ago and found tons of info on his website to be useful and worth the price." ― Read the full story.
My distressedpro.com subscription is worth every penny. I'm looking at liquidating 15 assets for a local bank right now. I have more confidence and much easier conversations when I'm contacting banks because I understand what's happening there internally. The edge that I get from having the inside information, not just in terms of the banks' portfolios, but also from the training that's available has gotten me in the door at a number of banks. If you're in the note or REO business, distressedpro.com is a must have. The deals I'm doing as a result will pay for my subscription many, many times over. ― Read the full story.
Thank you for the great information. I was able to connect with an asset manager the second day I used your program. ― Read the full story.
"I have been in this business for awhile now and have never had anyone break it down like you. Thanks for what you're doing" ― Read the full story.
"This is a good service and what I like best about the distressed pro service is that besides providing the bank statistics they also have excellent video and podcast discussions on how to apply them and you can have email dialogue with the support team to ask questions or provide input on information you would like to see added to the site in the future" ― Read the full story.
