Freedomsoft 5 Review – The Pros, Cons, And Where It Falls Short

UPDATED 9/16/2014! See our video review of Freedomsoft below! 

Freedomsoft originally came out in 2010 where we posted a full Freedomsoft review of the original software back then.

Since then of course a lot has changed in the Freedomsoft software (more lead sources, cleaner and easier to use, more training, etc.).

So when we heard that Freedomsoft 5 is coming out this week (September 2014) and they’re launching with a 30 day Free Trial we started to get emails from our REIbrain.com members asking if the Freedomsoft 5 software is any good.

So we did what we do best… put together an honest video review of Freedomsoft 5 that you can check out below.

I’ll walk through some cool things (like getting 26 buyer leads in less than 14 seconds and their automated direct mail features)… and some things I feel they lack.

PLUS: If you want to generate more leads online for motivated sellers and cash buyers… at the end of the video I mention a bonus worth over $680 in real dollars (not inflated fake values like many people use) that will help you generate more leads online leveraging both Freedomsoft 5 AND our InvestorCarrot software.

Freedomsoft 5 Review 2014 – A Video Walkthrough of the Pros and Cons

Click the video below to start my quick (but very thorough) 11 min review of Freedomsoft 5.  In there you’ll see the major flaws of Freedom Soft and the things that I feel are really valuable that could amount to a bargain to you if you’re a wholesaler (and if you use these features in their software).

(Click Play To Start The Video Review of Freedomsoft Software)

SPECIAL BONUS THIS WEEK OF SEPTEMBER 16TH: If you think Freedomsoft 5 may be a great fit for you to get your wholesaling business rolling (or rolling in a more organized way) then we suggest that you at least check out their FREE 30 Day Trial to see if it’s a fit for you.

If you use the referral links on this page you’ll be tagged to us and you’ll qualify for the special (this week only) bonuses below:

BONUS #1: A 40% discount on InvestorCarrot software to work in conjunction with Freedomsoft. Leverage InvestorCarrot websites to generate more online leads than the Freedomsoft websites (which are a weakness of Freedomsoft) and hook your Freedomsoft account up to your new Carrot account. You’ll get in at our OLD pricing which is 40% off the current pricing and will be able to get 3 very effective real estate investor websites up quickly and have those leads go directly into your new freedomsoft account.

BONUS #2: After your 2nd month with Freedomsoft we’ll give you full access to a weekly LIVE Mastermind Call with me every single Wednesday at 11am PST.  This is a value of over $300/mo… you’ll get access for free and I’ll help you get past your roadblocks, diagnose why you’re not getting leads (and show you what to do), answer all of your questions, and teach you behind the scenes stuff on whats going on in my own company that no one else gets access to.  After you’ve been in Freedomsoft for 2 months we’ll give you full access to these LIVE Mastermind Calls with me.

Freedomsoft 5 2014Pros – The Things We Love

There are some things that we really like about Freedomsoft 5 and their new 2014 updates.

  • Quick access to buyers, sellers, and private lenders inside the software (these are usually public record sources, but it saves you the time from manually searching multiple sources to find the same data… saving you hours a month)
  • The automated DIRECT MAIL system where you can click a couple links to get a direct mail piece out to a buyer, seller, or private lender
  • Great training inside the platform and a great community where you can connect with other members
  • Their CRM is pretty darn solid and easy to use. You can easily manage a lead from intake to deal… and look at comps, evaluate the deal, determine what you’re going to offer, and more
  • Their OfferBot which helps you make lots of offers on an almost automated basis. This is more of a volume game here. I know people who are using similar software they paid thousands to develop themselves and they get consistent deals from this each month
  • FreedomSoft has a great email autoresponder system and a “forms generator”... this lets you create web forms that you can put on other websites or even on Facebook. At InvestorCarrot we have many Freedomsoft users who use our websites and just put the FreedomSoft web forms on their Carrot sites so their leads go into the FS CRM.
  • Easy to use and easy to sign up for (with their new 30 day Free Trial so you can try it out with no risk)

 

Freedomsoft 5 2014 Cons – Things We Feel They Fall Short In

Overall the Freedomsoft 5 review here on this page is pretty positive since it has great features for the right type of investor. But there are some things we feel don’t really cater toward many investors who are looking to really invest on an advanced basis.

  • The comps are a mishmash of data pulled from sources like zillow and others… so yes, they give you a value that is kinda in the ballpark… but you shouldn’t rely on these only to make offers from
  • Their websites are clean and nice looking… but are very limited. They are mainly squeeze pages with a few pages and a place to list properties. They aren’t very flexible on the design side or the content marketing side of things.  If you plan to really ramp up your online lead generation… the advanced marketer will want more flexibility and power out of their websites.
  • Freedomsoft is specifically for wholesalers… so if you’re a wholesaler it’s a great choice to check out and try while they have the FREE 30 day trial this week.  But if you do other types of investing… you’ll need another CRM and website platform to cater to that.
  • The leads in there are all “shared” leads... which means every other FS user has access to the same leads… the same letters… etc. When you are competing for the same leads with people the effectiveness of those public records leads goes down. So those lead sources are kinda sexy… but beyond the cash buyer leads potentially… the seller leads aren’t all that sexy in my opinion. The real power comes in when you have exclusive to a lead… which is what we help our Carrot users do with their Carrot websites.

That’s about it really.

My 2014 Recommendation of Freedomsoft 5 – Is It Worth It?

My recommendation in 2010 about Freedomsoft in my previous review was a bit different than my current recommendation is.

Why?

Mainly because the barrier of entry into Freedomsoft today is much lower for the average customer than it was back then.

In 2010 a Freedomsoft account cost at a minimum $997 upfront… then $97, $197, or $297/mo from there. So it was a big financial decision to hop into Freedomsoft.

Today, there is no upfront fee at all and the pricing is still the same on a monthly basis.

You can take a 30 day Free Trial of Freedomsoft today and check it out. No risk.

So we recommend that if you are a wholesaler…and could use some more automation in your real estate business and like what you saw in my Freedomsoft 5 reviews video above… you can’t lose anything by taking a trial for 30 days to see if it’s a fit for you.

And, if you use the links on this page to take your FREE Trail of Freedomsoft you’ll be tracked as our referral and you’ll qualify for our bonuses of a deeply discounted InvestorCarrot website account (saving $480/yr) + you’ll get full access to my Weekly Carrot LIVE Mastermind Calls with me every Wednesday at 11am PST. These are worth well over $300/mo alone to get direct access to me and the data we have on how us and our InvestorCarrot members are generating over 90,000 real estate visitors to our sites and thousands and thousands of leads per month.

You don’t have anything to lose… and these bonuses and the FREE Trial pricing will only be available THIS WEEK, from 9/16 – 9/25. After that the bonuses will be gone and the free trial price may be gone too.  Remember to use our links on this page to signup to qualify for our bonuses and general coolness from me 🙂

Take A Free 30 Day Trial Of Freedomsoft 5 Here >>

 

PS – The way I look at things is this. Will this tool help me streamline things and get me closer to where I want to go?  If so, is the investment and risk worth the reward?  Do I have the money available to invest in this if I feel it is right for me and I stay on past the trial?  If you answer yes to all of those, you should take the trial above. If you answer NO to any of them… I’d suggest holding off and not taking the trial now and waiting until you’re ready.

PPS – Remember to use our referral links on this page in order to sign up for the trial to qualify for our bonuses. It’l track you came through our link… then send us an email with your receipt to trevor@thereibrain.com so we can get you on the bonus list. We do earn a commission on any sales through our referral link and invest some of that to subsidize the bonuses you’ll receive and a bit extra to help pay for this new baby my wife and I are having this week 😉

Sound good?

Enjoy 🙂

– Trevor

Take A Free 30 Day Trial Of Freedomsoft 5 Here >>

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About reibrain

Hey, my name is Trevor and I'm the founder of The REI Brain and editor/contributor. I started investing in real es.tate when I was 21... and love entrepreneurship, the internet, and real estate. My main focus today is growing my companies, systemizing my businesses so I can work less and make more, and spend more time with my family. Learn more about me at trevormauch.com.

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One Response to “Freedomsoft 5 Review – The Pros, Cons, And Where It Falls Short”

  1. Sarai November 18, 2015 at 12:06 am #

    I just purchased FreedomSoft.
    Is there a way to search for “For Sale by Owner” leads using FreedomSoft?
    That’s the primary reason why I got it but I am only seeing houses on the market. As a wholesaler, I do not understand how I can benefit from this.

    Thanks,
    Sarai

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