Tampa Bay Investment Club

5 Replies

Hi Guys, 

Has anyone heard of the Tampa Bay Investment Club? They have a meeting tomorrow morning and I want to make sure it's not a scam because it really doesn't sound legit for it to be an investment club. If you have any info on this please provide it. 

Thank You

Finally! Someone else has heard of them.  I attended the meeting on Friday.  I started a post yesterday that tells my experience.

http://www.biggerpockets.com/forums/79/topics/212575-guru-training-seminar-success?page=1#p1420702

So I didn't get the you'll learn it all in 3 days feel.   What made me feel comfortable was the investor there checked out as currently investing, linked in references good, and llc checked out. Club also is money back  guarantee after the first day of the 3 day  wasnt for me, and if i found a deal that closes in 60 days, not do, just find i get my finders fee and $600 refunded.  It does come across as a mentorship program, i asked about upsales and they said we do have 1 on 1 available but the 3 day is the training to start you finding deals, 1 on 1 is to help someone's confidence.  $600 is the training and 1 year club membership, including monthly meetings. 

I'm on bp, im a buy and hold investor putting out offers currently for my next live in flip.  What I want to learn is the local market.  They are looking to mentor the club to find deals in the area that they fund or you fund, your choice.  A deal closes you get finders fee.  I'm looking at as if I find 1 deal that closes I'm in the green.  I only paid 300 to reserve my spot for 31jul and Aug 1,2.  I am hesitant but am curious and to learn their system.  Let me know what you think of the presentation and keep in touch, I'm in Clearwater.

Mark

Originally posted by @Mark Higgins :

Finally! Someone else has heard of them.  I attended the meeting on Friday.  I started a post yesterday that tells my experience.

http://www.biggerpockets.com/forums/79/topics/212575-guru-training-seminar-success?page=1#p1420702

So I didn't get the you'll learn it all in 3 days feel.   What made me feel comfortable was the investor there checked out as currently investing, linked in references good, and llc checked out. Club also is money back  guarantee after the first day of the 3 day  wasnt for me, and if i found a deal that closes in 60 days, not do, just find i get my finders fee and $600 refunded.  It does come across as a mentorship program, i asked about upsales and they said we do have 1 on 1 available but the 3 day is the training to start you finding deals, 1 on 1 is to help someone's confidence.  $600 is the training and 1 year club membership, including monthly meetings. 

I'm on bp, im a buy and hold investor putting out offers currently for my next live in flip.  What I want to learn is the local market.  They are looking to mentor the club to find deals in the area that they fund or you fund, your choice.  A deal closes you get finders fee.  I'm looking at as if I find 1 deal that closes I'm in the green.  I only paid 300 to reserve my spot for 31jul and Aug 1,2.  I am hesitant but am curious and to learn their system.  Let me know what you think of the presentation and keep in touch, I'm in Clearwater.

Mark

 Hey Mark,

Did you learn how to find deals in tampa? I figured that it would be that type of program which is why I asked bp. I was hoping it would be a real club like tbreia. I know how to find the best areas to invest in you could easily learn that without paying someone. I don't believe I will actually attend this meeting because it's more like a seminar which is what I asked them but they told me no it wasn't. Thank you for confirming my suspicions. I also do not want a finders fee I'd rather close the deal on my own that's how you learn about real estate. You could honestly learn everything they've probably told you from bigger pockets if you asked. I'm also wholesaling so if you're interested in receiving deals just shoot me a PM with your email

I have a problem with only seeing the good out of things.  I don't do wholesaling and I'm afraid that it's going to teach me how to do direct mail and fill out bandit signs.  It didn't seem like the typical guru seminar but that might be how it's marketed.   I do get lost in my searches and loose traction when a deal doesnt work, I want to see what has been working for them.  I don't want to mail out 5000 yellow papers with 6 call backs.  Also after I find a deal that numbers work, I want to move forward.  I think building a team or investing club might be what I need.  The BP reia  in my area fizzled out so this fit the frame.  Do you think I'm going about this wrong?

I have attended that Tampa Bay Investment Club on Friday, and it was the day of my birthday. That was the most useless hour I ve spent in a long time. Could have stayed with my daughter, or anything else. 

First of all, the guru starts stating that he was not there to sell us anything, that it was a opportunity for only a couple dozen people, that we would have to qualify for the process. Then half an hour later he says that to qualify for the "program" we would have to attend a training course that costs 1000, but was on sale for 600. 

Anyway, the only thing I think gurus are worth it is for those who need a little push to take action. But even in those situations, there are cheaper and better ways to learn and be motivated (BP).

By the way, I discovered Bigger Poskets when I was researching about the reviews of a guru course ( that one from the casinos place). Didnt have the time to thank them yet.

@Mark Higgins @Rodrigo Marquez I didn't attend that meeting this weekend. I figured it would be a seminar type event since you had to schedule a time to meet with them instead of having everyone just show up as a normal club would do. After you speaking with you Mark I knew for a fact it was someone trying to sell something so I stayed home instead. You don't need a guru to learn anything. BP can provide all the info you need if you ask.

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

Lock We hate spam just as much as you

Join the Largest Real Estate Investing Community

Basic membership is free, forever.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.