BiggerPockets

Originally posted by Jesus Garcia

Is anyone here a member of Lifestyles Unlimited or does anyone have any experience with them. They are a mentoring program that helps you get started in REI based out of Houston. From what I can tell so far they seem to be legit. I attended a "Case study" last night but was unable to stay long but I am attending a workshop in early January and I will let you know how that goes.
Thanks

They have a good list of contractors, but that is avalable on the internet without paying. They are not really expencive from what they say on the internet.... Look up "Blue Collar Investment Club" they meet at Denny's once a month and is free (I think the club asks for $25 to cover costs) and is really helpful. Good Luck.

Chris

Jack did you have any experience before joining and have they guided you through purchasing any properties? Any info would be appreciated. I did hear from another newbie there that the price for the membership was $500 initially and yearly. Not sure if that is true.

I also would like to know more from someone who belongs.

I went to the intro seminar last night. Very professional and very nicely presented. No hard selling at all.

There is a 2-day class (like has been said) that is $500. It is given once a month on the second weekend of the month and you can attend as many times as you want.

There is a $240 annual membership fee. The membership includes your spouse and any children in your home under the age of 19 (18 and below).

They also have 30 guest speakers per year. These are industry professionals that come in to teach their part of the real estate business.

There are two other classes offered each month, property locating and property evaluation. My understanding is these are included in the membership.

They also do a monthly case study session where members tell about their successes.

They offer mentoring, advice, education, contacts, and community.

Is this worth it?

I want to point out to the others reading this thread that the user Jack above has not replied to inquiries about his experience with this company. Additionally, he has no other contributing posts to this site. Typically, when members have one post that is an endorsement of some company, they turn out to be a shill for that company. I do not know that this is the case here, but I ask that all readers heed caution when listening to endorsements from members with 1 post.

I just found a blog with readers comments on Lifestyles Unlimited:
http://activerain.com/blogsview/297530/Lifestyles-Unlimited

hi all.....my first post.

i live in houston and joined L.U. in september of '08.

novice

what questions did folks have?

i'll answer to the best of my abilities and what i've seen thus far.

Originally posted by MikeOH

I don't know that I like the sound of a three tiered membership program costing upwards of $10k.

...and there it is!

Mike

what hasn't been mentioned is being a member in one of those "tiers" are rebate programs where the member actually is given money back when he/she purchases a home. a percentage of the commission is shared.

Originally posted by R V

what hasn't been mentioned is being a member in one of those "tiers" are rebate programs where the member actually is given money back when he/she purchases a home. a percentage of the commission is shared.

Lol... "rebate" programs.... Let me guess....the program provides the leads for the homes they are to buy and the rebate is subject to a limit on the commission sharing? What is this, "Nouveau Nouveau Riche"?

wow...!!

why the sudden negativity?

just joined and already feel a bad vide about all the comments.

RV -
1 - You said that you work with the company. Please tell us what kind of success you've seen as a result.
2 - The negativity you're seeing stems from the fact that many of the members of the site are sophisticated investors who don't like companies that they feel take advantage of investors by parting them with their money. It seems like a week doesn't pass where people come here to promote some exorbitantly expensive investor school, course, "university," etc.
3 - Please update your profile so you're in compliance with our site TOS. We require members use their real names on our professional networking site.

Thanks, Josh