Paper Flips Review (Updated) by Dolmar Cross

Course Name: Paper Flips
Instructor: Dolmar Cross
Price: $997

Overview

Paper Flips is a real estate wholesaling course focused on flipping property contracts, designed to teach you how to sell deals without the hassle of owning a property or dealing with endless repairs.

In other words, it’s real estate investing but with a twist: the idea is to “flip” property contracts, not the property itself.

And no, this does not mean flipping contracts on loose-leaf or lined paper, despite the course name.

In the Paper Flips program, you’ll learn about "virtual wholesaling," a method Dolmar Cross says makes flipping property contracts more accessible and easier to manage than the traditional “fixer-upper” approach.

The course claims that you can earn a profit on real estate without spending a single dime on the actual house itself, and apparently, all you need is a computer, an internet connection, and some motivation.

The approach sounds simple enough on paper, but like most things in real estate, the reality is that success here requires work.

This course is structured to teach you the basics of finding deals, negotiating contracts, and connecting with buyers, but it’s not as hands-off as it might initially appear.

Content and Structure

Paper Flips is organized into five primary modules that take you from the very beginning stages of learning about wholesaling to the point where you’re theoretically closing deals.

The modules are designed to introduce concepts gradually, so you don’t need to worry if you’re a complete beginner in real estate. Each module covers a specific part of the wholesaling process, building up to what Dolmar calls "paper flipping mastery."

• Module 1 - Wholesaling Basics: The first module is an introduction to what contract flipping is, setting a foundation for all the other information to come. Here, Dolmar walks you through the essentials of contract flipping, the legal aspects of wholesaling, and the tools you’ll need to get started.

• Module 2 - Finding Deals: Dolmar claims there’s a science to finding properties that you can flip on paper, and he provides a step-by-step guide to locating these opportunities. The focus here is on discovering off-market properties that you can secure with low competition, theoretically giving you an edge in flipping the contract. This module dives into tools and resources, like online platforms and scripts to use when contacting property owners.

• Module 3 - Negotiating with Sellers: One of the biggest aspects of wholesaling is getting property owners on board with the idea of selling through a contract. This module includes scripts, techniques, and a few dos and don’ts for talking to property owners. Dolmar provides templates that he says have been tested in real-world scenarios, aiming to give you the confidence to negotiate like a seasoned pro.

• Module 4 - Contracts and Legal Basics: The fourth module is where the paperwork comes into play, and it’s packed with downloadable templates. Dolmar provides different contract types, teaching you how to fill them out, what they mean, and when to use them. This module is pretty dense, but the goal is to give you all the documents you’ll need to make it through a flip.

• Module 5 - Closing the Deal: In the final module, Dolmar takes you through the closing process, discussing how to connect with buyers and the best ways to finalize contracts. He touches on where to find buyers for your contracts, how to vet them, and how to ensure that the deals go smoothly to the finish line. According to Dolmar, this module is where you’ll really see the profit potential of wholesaling contracts.

Additionally, the course includes fillable templates and negotiation scripts to help you get through each step, which could be helpful for those who are new to real estate.

However, the course lacks a community forum or group, so if you need support, you may be on your own unless you hire a mentor outside of the program.

Who Is Dolmar Cross?

Dolmar Cross is the course creator and instructor of Paper Flips, and he has an interesting history in real estate, one that he frequently mentions in his marketing materials.

Dolmar’s journey has had its ups and downs, including a significant financial setback that led to him declaring bankruptcy early in his career.

From there, he claims to have rebuilt his finances through real estate, focusing particularly on wholesaling, which ultimately led him to create Paper Flips.

His message is one of resilience and entrepreneurship, and he uses his story to illustrate how real estate investment can be a path to financial freedom.

Dolmar Cross is known for a direct and, at times, gritty approach to real estate, and he has also appeared on reality TV, which he leverages as part of his personal brand.

He tends to present himself as someone who’s “been through it all” in real estate, using his experience to give his methods credibility.

While some reviewers are positive about his expertise, others suggest that his techniques and approach are quite basic, especially if you’re not entirely new to the concept of wholesaling.

Regardless, Dolmar’s personality comes through in his teaching style, which is straightforward and no-nonsense.

His style may appeal to some while leaving others wanting more depth, especially since there are few follow-up options for students who complete the course and want additional guidance.

Whether his personality resonates with you or not, Dolmar certainly brings a lot of energy to the topic, which could help keep you engaged with the content.

Price

Paper Flips by Dolmar Cross, a real estate wholesaling program, is available at a one-time cost of $997.

While that might not be pocket change, real estate programs are notoriously pricey, and this one comes with a no-credit-required financing option through PayPal.

The course promises a structured, streamlined approach to flipping paper in the real estate world without property ownership – which is why it's called "Paper Flips." The hefty price tag gives you access to five in-depth modules and various resources designed to help you spot deals, negotiate, and navigate the ins and outs of contract flipping.

The course also includes helpful scripts, templates, and a step-by-step breakdown of “paper flipping” basics.

Unfortunately, there aren’t any extra frills like a lively community or coaching calls, so while you do get a playbook, you’re pretty much on your own in terms of support.

It’s worth noting that some users might find the cost more reasonable if more add-ons like community access or personalized feedback were included.

For now, you’re paying $997 for the materials and Dolmar’s approach to wholesale flipping.

Pros and Cons

Pros:

• Detailed Course Content: Each of the five modules is packed with information, giving you a well-rounded guide to getting started with contract flipping. From lead generation to deal structure and negotiation techniques, each module has you covered.

• Straightforward Process: Dolmar Cross provides a simplified and well-structured approach, which means you’re less likely to get bogged down in the technical jargon or endless details that often accompany real estate courses.

• Low Barrier to Entry: Unlike traditional real estate investing, you don’t need loads of capital or property ownership to get started. The course’s paper-based method lets you work with property contracts rather than properties themselves.

• Templates and Scripts Included: The program includes scripts and templates, which can help make calls and negotiations a bit easier, especially if you’re nervous or new to the field.

• Financing Option Available: If the price tag feels a bit steep, the course offers a PayPal credit option. This could make it a bit easier to manage for those who want to get started but can’t afford a lump-sum payment.

Cons:

• High Up-Front Cost: $997 is no small investment, and without a money-back guarantee, this might feel like a risk for some beginners.

• Limited Support Resources: The course lacks interactive elements like live support, community access, or feedback from Dolmar or his team, which might leave you feeling a bit isolated during the learning process.

• Time-Intensive Learning Curve: While the approach is straightforward, there’s no escaping the fact that real estate wholesaling still requires time, effort, and commitment. It’s not a get-rich-quick scheme, so be prepared for a steep learning curve.

• Geographically Limited Applicability: Dolmar Cross’s strategies are primarily U.S.-centric, and certain principles may not apply in international real estate markets.

• Uncertain Return on Investment: Success with contract flipping depends on market conditions, individual effort, and skills, so the course doesn’t guarantee returns or profits – a significant consideration given the upfront cost.

Should You Buy It?

If you’re the type who is willing to put in the work and learn about real estate from the ground up, then Paper Flips may be right up your alley.

The course takes you through every step of the paper-flipping process, so you’ll know exactly what to expect and how to move from one step to the next.

This isn’t a plug-and-play solution, and it won’t instantly turn you into a real estate mogul, but it can get you familiar with the basics of contract flipping without taking on property ownership risks.

If you’re entirely new to real estate and hoping for a quick, low-effort way to make money, however, you might want to rethink.

While Dolmar Cross’s methods are effective, they do require patience, effort, and time.

This course is best suited for people who are serious about wholesaling and are ready to commit to learning the ropes.

People who might be hesitant about jumping in should weigh the pros against the price.

Paper Flips isn’t a one-size-fits-all solution, and it’s important to recognize that the approach here may require some adjustment and tenacity on your part to see results.

The templates and scripts are helpful, but you still need to be comfortable with cold calling and negotiating with potential leads, which can be challenging for beginners.

My Conclusion

Paper Flips appears to be a legitimate course, free from scam tactics, and offers substantial training in the real estate wholesaling niche.

Dolmar Cross, the creator, is a known figure in real estate circles, and he’s been transparent about the need for consistent effort, which isn’t always the case in online programs.

The course materials are well-organized, and the templates can be a solid asset if you’re unsure how to approach the negotiation or paperwork involved in contract flipping.

While it’s not for everyone, Paper Flips could be a good fit if you’re ready to dive into the world of wholesaling and can handle the lack of a support system.

Just don’t expect to flip contracts from your couch while binge-watching Netflix – this one’s for those who aren’t afraid to pick up the phone, talk to people, and roll with some occasional rejections.