**UPDATE: Since we originally did this review the Short Sales Riches System was massively upgraded and the price increased to $997. We did look at the upgrades and feel the upgrades more than warrant the price increase… in fact, the program is a more complete program as a result. The cool thing is… the $102 off coupon still works… get it below.
Okay, for quite a while now I’ve had readers emailing me asking to review the Short Sale Riches program by Nathan Jurewicz .
Here’s the deal… I’ve been hammered lately with review requests (no wonder… I’ve seen so many damn crappy products come through lately) that I’m trying to catch up and get good, honest reviews out to you so you can make a well informed decision to invest or not invest in a particular real estate investing education product.
First, off… I found this fancy coupon code the other day for $102 off of Nathan Jurewicz’s Short Sale Riches program… and I don’t think it’s supposed to be published online so if you want the coupon code email me through the contact form and I’ll shoot it over to you so you don’t have to pay $100 bucks more than you should. Sound good?
Alrighty… on with the review of the Short Sale Riches Program…
Short Sales Riches Program (the Short Sale Kid)
This short sale program is one that kind of jumped on the market a couple months back out of nowhere. 
And, funny thing is… but the guy that created the course (Nathan Jurewicz ) actually is a student with Josh Cantwell and the Short Sale Blueprint guys who also launched a program a couple months back (which is a very good program compared to what I’ve seen out there on short sales).
Actually, there are two guys who made the Short Sales Riches course… one is a real estate attorney and realtor… the other is a kid who figured out a short sale system, learned from other investors, and started kicking ass.
Before I wrote the review I wanted to get my hands on the full course and talk with the guys behind the course (which I paid $497 for… I didn’t have the darn $100 off coupon back then :-).
It’s when you actually talk to someone outside of webinars and teleseminars when you can really see if someone is legit or just faking it.
Nathan has taken what he’s learned and over the past several years built up a huge short sale business that does 20-30 closings a MONTH . This is no kidding… 20 – 30 a month… and I did do all I could to verify that these numbers are real… and from what I can see everything is legit as heck. I even got the property addresses for a ton of deals they’ve done in the last month and they all check out at the county courthouse there in Tampa.
So… he passes the “is he an actual investor ” test … yep he does deals and does quite a bit of them every month.
About the Short Sale Riches Course… the Review
I actually bought Nathan’s course a month or so back and went through it all in one weekend. It’s broken down very good and he doesn’t throw a ton of extra stuff at you that you don’t need like some of those other “gurus” do.
The thing that’s different about this course than the others I’ve seen is that Nathan has created a true system that has a team of people around him basically finding, negotiating, and selling the deals for him. It’s pretty darn cool how he breaks it down in the manuals, audios, and the forms.
Their HUD Generator is pretty cool too and it makes things way quicker too.
Anyhow, the Short Sale Riches program is a home study course and when I bought it it ran $497… and it’s truly worth well over 15-20 times that just in the forms he gives you and how he breaks it down how he’s developed a system to actually work with realtors and motivate them to work with you rather than having it feel like pulling teeth to work with realtors.
What Nathan Jurewicz Short Sale Riches Course Is and Isn’t…
First of all… if you’re starting from the ground floor and have never heard the word “short sale” before… you may want to do a bit of foundational studying on the topic first. The Short Sale Riches system does go over some of the basics… but it’s really made for someone who already has an understanding of short sales and who wants to systematize their business a lot better and to avoid a lot of the mistakes investors are currently making doing short sales.
Since the course was put out a few months ago there have been a few changes in the laws that affect short sales… but Nathan has been good to address these changes in free webinars over the months so we can keep up to date on the changes.
What It IS:
- A very detailed 254 page (plus the few hours of audios and the forms) course that lays out the “high volume” system that Nathan uses for his short sale biz
- Goes over the option contract in detail (about 10 pages) and gives you Nathan’s option contract
- About 51 pages of just going through the short sale process from talking to the seller, what to say, what do to… etc… to talking to the bank, structuring your offer (with templates and tools), what to do to sway the BPO, what do to do get an offer accepted, etc. Basically… it’s the most detailed process of a short sale that I’ve seen and it goes into the “tricks” and templates that Nathan uses to get the short sale accepted… which is a big problem for most investors (most investors can’t get short sales accepted at .40 or .50 on the dollar… Nathan does).
- A system that shows you how to harness the power of realtors to generate your leads for you … and you don’t have to pay them unless a deal closes (Nathan spends nothing on marketing anymore… the system shows how he does it)
- Has a section that goes into very deep detail what each step to doing a short sale is (about 28 steps)
- All in all… this is a detailed process and system for doing short sales under Nathan’s system.
What It Isn’t:
I would say that the Short Sale Riches course definitely isn’t for everyone… if you’re a newbie and have never done a real estate deal ever… this may not be your cup of tea because it’s so advanced in many aspects of the course.
It isn’t…
- A pick it up and set and forget system you don’t have to ever touch… it’s a good bit of upfront work to set up Nathan’s system… but once it’s up and rolling you will hardly ever have to touch a transaction ever… seriously.
- A “step one… step two” guide . Essentially… this doesn’t say “first do this… then do this”. It does in a round about way… but it assumes that you have a base knowledge of short sales first. It’s very detailed and definitely written by an experienced investor… so some parts aren’t “dumbed down” enough in my opinion… but if you’re sharp you’ll get it just fine.
- A “touchie feely” kind of rah-rah course. A lot of courses have a lot of rah-rah stuff and personal growth type stuff which I tend to like (the personal growth… not the rah-rah)… Short Sale Riches doesn’t have any of that… it’s just conversational writing that goes in-depth on Nathan’s system.
My Summary Of Nathan Jurewicz Short Sale Riches Review
Okay… if I had to rate the Short Sale Riches course I’d probably give it a solid 4.5 to 4.7 out of 5 points.
I’ve never rated any info product a perfect 5… mainly because a perfect product would do the work for you… right?? (just kidding ;-)… but the Short Sale Riches course is among the most well put together courses on short sales I’ve seen at a pricepoint that works.
I’ve gone through a bunch of short sale courses in the last 6 months and to me I really jived with this one well and enjoyed the fact that it doens’t have 100 pages going into the basic stuff… most of it is a bit more advanced stuff that you’ll only really relate to once you start doing deals… but he does spend about 20 pages on “basic stuff” to lay the foundation.
If I had to compare Nathan’s Short Sale Riches course with other short sale courses out there… I’d say that personally I really like what the Strategic Real Estate Coach guys put together… but the thing is that their program is $197 a month rather than an upfront $497. So… for home study courses go if I had to recommend one to a friend it would be Nathan Jurewicz’s course.
One thing I didn’t like about the course was at the end of the audios (just a very short clip) they advertise Nathan’s coaching program… which I hear is very good… but I personally don’t like getting pitched to buy a big dollar coaching program when I’m still going through the course I just bought from them.
But… if you can get past that then the course is rock solid in my opinion .
So… if I were someone who was already doing short sales and wanted to do MORE SHORT SALES by systematizing the process… and by getting more short sales accepted w/ Nathan’s tricks… I would say that the $497 for the course is pretty cheap.
If I were a brand new investor still looking for my “path in real estate” … I’d probably hold off on the course for now… read some more articles and at least check out the free workshop that Nathan did for our subscribers. Then, if you’re committed to making short sales work in your biz Nathan Jurewicz course may be a way to go.
Is $497 cheap?? Nope… it’s not cheap by any means… but it’s a fraction of the price of other courses I’ve gone through that taught less actionable content. So, for someone who plans on learning… and putting to action relentlessley whey they learn from this course that $497 (actually $397 w/ the $100 coupon code you can get if you email me) is well invested.
Just FYI, here’s the link to see what’s included in Nathan’s course again:
>> Direct Link To Nathan’s Site <<
If You’re Going To Get Nathan’s Course…
Really, I don’t care one bit if you get this course or not… is it good? I think so.
Is it worth the investment? That’s for you to decide based on whether or not you think you’ll implement it… because I feel that if you implement what the course teaches it’s well worth the investment (many times over).
But… again… it’s up to you and what you do is what you do.
If you are going to pick up the course… I do know that they have the standard 30 day money back guarantee… so if it doesn’t do what they (and I) say it will do just return it and get your money back.
So… either way… here’s the link to pick it up… and if you want that $100 off coupon email me through the contact form and I’ll shoot it your way… sound good?
>> The Link To Pick It Up <<
Some Free Short Sales Riches Stuff
Like always, Nathan and his partner give away some great free information… and their newsletter is one of 
the top 5 most informative newsletters (free too) with current market info that affects real estate… so it’s worth it to just get on their newsletter list even if you’re not in the market to buy their course.
Nathan also put out a couple great videos that show an inside look at his business… and I personally know a couple people who are friends with Nathan and they vouch that he’s the real deal.
Just check out these two videos then head over and check out Nathan’s site and course if you’re in the market for a no nonsense, thorough short sale system (truly a system) for a great price.
Short Sales Riches Video #1: Nathan closes deals right in front of you
www.shortsalesriches.com <<< Click here to check out the site
Short Sale Riches Video #2: Nathan puts a skeptic in his place
Case Study 2 with Nathan Jurewicz from Nathan Jurewicz on Vimeo.
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www.shortsalesriches.com <<< Click here to check out the site
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Note: Here at The REI Brain dot com we are dedicated to providing you with great free content, resources, training, and product reviews. All of this is not cheap for us to do and we’ve got to pay the bills… so, if you find a product or recommendation or review of a product on our website or in our emails we likely do earn a revenue when our visitors purchase the product/service/program through the links on our website. That is a great way that we’ve found to help pay for our expenses and to continue providing you with great content for free. However, with that said… we are *never* going to sell out to make a quick buck and feel very strongly that every product we introduce you to or that we recommend in a review is truly a great product, at a great value, that we have personally reviewed prior to any recommendation or review. Out of every product we do recommend, there are over 20 that we look at that we feel are not worthy of our recommendation to our valued readers.
Thank you for your review of the Short Sale Riches system. It is hard to know who to trust and which system to buy. Your review has made me confident I did the right thing.
Hi Trevor,
I read your review of Nathan’s short sale course. Can you tell me what other “expenses” go along with getting all set up for business (after you have gone through his entire course). I assume you need a website, lead purchases, etc.
Thank you – Larry 818-786-0448
Question….does Nathan’s Jurewicz course have software to do preliminary short sale calculations in order to make short sale offers? Please advise…thanks, Randy Adrian
Good Blog (friendly font colors too:)
Can you recommend any Newbie products for:
1. Investing in Short Sales/REO’s
2. Proof Of Fund type of systems
3. Finding the Sale and the Investor (A-B-C) sales using POF systems
You can respond via my email if you’d like
Tks
Wayne
I purchased Shortsales.com. I called customer service to no avail! I left tons of messages and emails. Initially, I wanted to make sure that I did not subscribe to any monthly programs and that my credit card is not going to be charged. Since the lack of customer service (live person, etc.) I left message requesting REFUND. It is going on TWO weeks… no one called me back. I don’t know what to do. shortsalesriches.com – customer service is disgusting!
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UPDATE FROM REIBRAIN ADMIN:
We’ve personally worked with Loss Mitigation Training Institute, LLC as a customer and was able to get a hold of support in a timely manner. From running a business myself, sometimes phone calls and emails can slip through the cracks. Just to give you another side of the coin, my experience w/ their customer support was good (was it the best ever? No, but it was good.
Here’s their contact information in case you need it:
Loss Mitigation Training Institute LLC
(800) 452-7627
info@shortsalesriches.com
http://www.shortsalesriches.com
Good thing that read Angela’s comment as was considering system. Angela, did you ever get your money back? Anybody else that tried it with opinions?
Hey Guys………My name is Frank and I actually run the entire coaching program. I live in Nashville and have made in the last 11 months around 250k from doing short sales the way nathan taught me last year. If you have any questions please don’t hesitate to call me. I will always get back to you.
Frank Hernandez
615-587-6700
I just got the Short Sale Riches program and I’m some what impressed. I just have a hard time keeping up with the new RE laws. Another resource I’m tapping into is bank and credit union owned homes. A good place to start is http://www.repofinder.com if you don’t want to pay for a list. I’m finding that banks are willing to sell these properties for pennies and you don’t even have to deal with an agent.
Can you please send me the coupon code for the Short Sale Riches course? Thanks….
Hey Ryan,
Yep, use this coupon code:
“matchone”
You can use this link to grab it:
http://www.thereibrain.com/short-sale-riches
Enjoy 🙂
– Trevor
I have been an investor for 20+ yrs. and had my butt kicked in this market.
With this program are you buying short sales or acting as a middle-(wo)man? This isn’t clear to me.
Thanx!
Peggy,
We did not produce this product so we can’t help you with the refund process and that phone number is not our office number. We merely offered the review for our readers, letting them know the product was on the market.
Hope you’re able to reach them and solve the refund issue.
I am wondering about their coaching platnum program, does anyone know if the 997.00 is a month by month coaching agreement and can be canceled at any time..also any feedback if it is worth it. I can be reached at 917-687-8995.
I dont usually leave a comment, but I signed up for their monthly program about a year ago. I mostly focus on rehabs and got really busy all of the sudden so I did not have time to use it. I called and asked them to stop charging me expecting a major run around. They called back after one or two phone calls and uncharged me for the time from when i first called. (I can;t remember all the details perfectly, but I was extremely impressed. Now that i am looking for another source of houses/income, they are the first people i checked out. hard to find someone with any honesty i am highly impressed with those boys
I’ve been out of the RE market since 2005 but did a number of wholesale deals prior to that. I met Jason during that time and even collaborated on a deal with him. I can confirm that he is the real deal. He is extremely knowledgeable about the short sale and wholesale real estate business and follows through on his commitments, even when his gain is limited. He even consulted with me by phone (at no charge) a few times when I had questions about how to handle a deal or a step in the process. He is an honest and ethical guy who has been “paying it forward” for years.
I’m considering jumping back into the market and stumbled upon this review of his product after Goggling his name, just to see what he has been up to. I’m glad to see that he has packaged his knowledge and years of experience for the benefit of other investors. I can’t recommend his course since I haven’t seen it, but, I can vouch for Nathan’s knowledge and experience. He’s a good guy which is more than I can say about other “gurus” I’ve dealt with.
Hi Brain, Date:2-20-12
Im a novice to investing and first-time home buyer. I have a few questions: Can you recommend?
# 1, Your honest legit reviews on John T Reed course/books?
#2. Your honest legit reviews on Bill Vaughn course/books?
#3, I am a novice home buyer. If possible, I like your best recommendation/opinions on the best way to purchase home for a first time home buyer?
(Who offers the easy to understand and offers honest, unbiased, timely, detailed, and ethical guy for 1st time Home buyer who can follow ) Thanks.
Your earliest reply will be much more appreciated.
Mitch
Hey Mitch, thanks for the comment!
Truthfully I haven’t seen John T Reeds programs or Bill Vaughns programs.
For a first time buyer… it of course depends on whether you plan on living in the house or buying it as an investment… but if you’re living in the house… of course #1 go and see if you can get pre-qualified for a loan at a local bank. Often times credit unions are great. You’re going to have to have a downpayment and good credit.
Or, if you want to put in a bit more work… do some research and find some local real estate investors and let them know what kind of house you’re looking for… then see if you can buy a foreclosure deal from them at a great price.
Or another great option is to look for a lease-to-own deal. Get in without good credit… a smaller “down payment”… and earn equity credit as you pay on time.
Sorry I couldn’t help ya w/ the reviews… but good luck!
– Trevor
Hello Nathan,
How do I get started.
Malcolm in Tacoma, WA
2530327-8300
Hi Guys,
I’m not here to promote his product but I ran across a really cool program by a guy named Ken Wade. Has anyone here heard of it? It’s some sort of application that can tell you where hot markets are to invest and cold ones to stay away from.
Again, not promoting it but I did watch a webinar and it was interesting. It was called Housing Alerts.
I was really hoping to see some comments closer to 2013 as the Bnks are now making it harder for real estate investors to submit offers forshort sales. I am told the Bnks will not deal with “and/or assign” as part of the contract. I am under the understanding that it can take 6 months to a yr for your offer to go through. Would like to know, if there is anyone that has had a recent success story as of this year “2013” utilizing Nathan’s course, as “Virtual”? I like the idea of working with a teem and everyone doing what they do best.
Rea
I would beware of this program. He has started/stopped programs before and stopped them mid way, with no refunding of money. Look into Real World Prep which he did as well. 3 of 12 months were never completed. He still has a buy in site going for it as well and there hasn’t been any contact (all support #’s and emails have been disconnected) in over a year!
So he is collecting 600$+ per acct setup and not delivering what he says he will.