Thomas Kish?

General Real Estate Investing
1

Has anyone had any good experience with Thomas Kish’s program on how to get 200K of unsecured credit? I think the program is called the Ultimate Real Estate Investor’s Guide.

Would really appreciate any advice!

Thanks!
L ;D

2

i don’t know…all i did was requested to be removed from their email list. he’s a spammer -

when a company sends you 3 to 5 emails a day…or on a “good day” you only get 2 - that’s spam to me.

ridiculous.

just based SOLELY on that reason - i would never buy or consider any of their products…

that’s just bad business.

3

Luckily, I used a tertiary email account when I was a newbie and signed up for one of his “free” literature pitches. I received upteen emails (read: spam) a week from him after that on a continual basis.

4

why do business like that?

so bad.

5

one day one of the e-mails may turn a switch on in your mind and you will buy. Thats why they send the e-mails

6

well i turned the switch alright. i turned it off.

i think sending emails like that is D U M B

if you send one every other week…that’s different.

if you PERSONALIZE maybe just one, kind of, like write a different kind of message that has the appearance of being personable…that’s better than sending THREE A DAY.

there’s no point in that. it’s bad business.

7

Thanks guys. But tell me is the idea of building up substantial credit like that realistic or just a farce?

I have a LLC setup, and I’ve heard before that building up a line of unsecured credit really can be done.

Any suggestions?

thanks! :o

8

I’ll save you the money. Building up lines of credit is VERY simple. Kish has simply put those steps in writing and charges $300 for it. While there are some points in his “program” that will get you there faster, they aren’t well defined in the $300 course and you must “upgrade” to get more detailed information.

In a nutshell, when you start a business entity, you are shortly thereafter get hit with a bunch of biz credit card offers. Now, Kish’s idea is to use other people’s credit to obtain those card offers, hence you get by the limits of signing up for 2 a month yourself (limit’s the effect of hurting your credit by too many pulls) and/or poor credit yourself. Of course, you have to give them some form of your biz ownership as well for it to work. Done correctly, in a few short months, you can have well over $200K in available credit.

Raj

9

Hey Raj,

thanks very much for saving me the cash. I have an LLC but I’ve never gotten any credit offers. How do I got about getting offers?

Thanks
L

10

lenny,

you say you’ve founded an LLC but haven’t received any CC offers?

hhmmm.

do you have poor credit?

have you received like other mail…from local chamber of commerces, other businesses, etc.

11

Hi,

No my credit scores are 657 660 687. I have good credit and I am a homeowner. Been in my home now about 2 years. I never did establish a tax ID number. What should I do?

Thanks!
Lenny ::slight_smile:

12

Sounds like that you need to get with someone locally to help you setup your business correctly and legally.

You HAVE to get a federal tax id number for your “business” to be a legal and valid operation.

Raj

13

it’s not that hard to acquire an EIN - you can look on irs.gov and get the info you need there.

14

Hey guys,

Thanks very much. When I get an EIN number (is there a difference between an EIN and a tax ID?) Should I then apply for credit using only my business information?

Too, thanks I think I will contact SCORE and get some professional help on setting up my LLC properly.

:-*