Renatus Education I’m Considering Joining. Any Advice?

Real Estate Agent · San Diego, CA · Member since 2010 · 85 posts · 43 votes

I’ve recently been introduced to Renatus. I wanted to know if anyone here has used their education and mentorship to become successful in real estate. It’s a $20,000 commitment. I’d like to hear your feedback on their program if you’re so inclined.

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Account Closed

Specialist · Paradise Valley, AZ · Member since 2018 · 3k+ posts · 2k+ votes

Originally posted by @Dawn O.:

Buy a house with a partner in a Joint Venture instead. You learn a lot more and you actually are investing. (Do a search in the search bar above for details.) For instance, when I Joint Venture with people they get all of their questions answered and the training and actually own property.

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Account Closed
Specialist · Paradise Valley, AZ · Member since 2018 · 3k+ posts · 2k+ votes
8y
Originally posted by @Dawn O.:
I’ve recently been introduced to Renatus. I wanted to know if anyone here has used their education and mentorship to become successful in real estate. It’s a $20,000 commitment. I’d like to hear your feedback on their program if you’re so inclined.
Buy a house with a partner in a Joint Venture instead. You learn a lot more and you actually are investing. (Do a search in the search bar above for details.) For instance, when I Joint Venture with people they get all of their questions answered and the training and actually own property.
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Dawn O.
OP
Real Estate Agent · San Diego, CA · Member since 2010 · 85 posts · 43 votes
8y
Thanks @Account Closed! I appreciate the advice!
1 Reply
Brent Coombs
Investor · Cleveland, OH · Member since 2015 · 6k+ posts · 2k+ votes
8y
@Dawn O., the clearest definition I've come across is that Renatus is: "the Amway of Real Estate". So I reckon, if you're not interested in the Amway business, neither should you be in Renatus! (And if you are interested in thinking about joining Amway, ask me to show you some startlingly low success ratio statistics, first!)
Although Renatus might claim that you don't need to adhere to it like a Multi-Level Marketing Company, I believe that students are always being "encouraged" to find new conscripts (for bonuses/discounts/income) as part of their justification for the high entry cost. Good luck...
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Dawn O.
OP
Real Estate Agent · San Diego, CA · Member since 2010 · 85 posts · 43 votes
8y
@Brent Coombs😱😱😱. Did you say “the Amway Of Real Estate”?!😱😱😱. That’s so scary to me! What the HECK?! 😱😱😱. I am so alarmed!!
3 Reply
Maurice Witten
Auburn, GA · Member since 2018 · 8 posts · 5 votes
8y
Dawn Oree I too have been invited to consider Renatus. I am a very savvy individual and can smell BS a mile away. Renatus is a fool proof idea to get people to leverage their existing mortgages (or other ways for capital) for the 20K capital in an effort to recoup with future deals. The future deals however are not future deals, you are making money on connections and not actual real estate! I am looking to create a second income stream via real estate and not selling people and getting into real estate. My advice is to stick to your personal goal regarding real estate and weigh every option against the facilitation of that goal. Hope this helps!
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Dawn O.
OP
Real Estate Agent · San Diego, CA · Member since 2010 · 85 posts · 43 votes
8y
Thank you @Maurice Witten! I appreciate your wisdom. I want to be an investor, not a MLM Member who happens to invest. I’m already a sales person as a Realtor.
2 Reply
RJ Gustilo
Lake Forest, CA · Member since 2018 · 11 posts · 4 votes
8y
I went to the Realty411 expo this weekend and met the founders. Spoke Denise and Frank. I am somewhat torn on signing up or not as I have read more negative feedbacks from this community. They said they will charge me $2,000 and not $20,000. Trying to get into my first investment and mentorship is something I want to consider but still debating them as 2 things that are making me hesitant is they want me to do things by flipping but right now my goal is to own turnkey for passive income. Second is they seem to have touched the get rich quick so I am a little lost right now on this.
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Brent Coombs
Investor · Cleveland, OH · Member since 2015 · 6k+ posts · 2k+ votes
8y
@RJ Gustilo, "when in doubt - don't"!
Elsewhere on BP a few months ago, @Seti Gershberg wrote in praise of Renatus: ..."Renatus is in all 50 states and is not required to register as an MLM, because it is not. The model is like the insurance industry or real estate brokerage. When you train someone to sell the education you get and override. When you build a team you get an override on the entire team".
I reckon: "If it walks like a duck"... [Maybe those schemes should be registered as MLM!]
But sure, $2k is much cheaper than $20k. [But will you soon "miss out", because you're cheap?]
Seti also wrote: "While many people choose to join Renatus for the REI education alone, the company is set up as a direct sales organization for people who want to resell the REI Education" (emphasis added). Ronald, what do you reckon will be heavily featured at Renatus meetings (which seem to be more or less mandatory to attend)? Welcome to BP...
0 Reply
RJ Gustilo
Lake Forest, CA · Member since 2018 · 11 posts · 4 votes
8y
@Brent Coombs thanks for responding. Decided not to go with the program but started joining local REI meet ups today and did RSVP on a few already. Really excited to meet local experts and pick their brain. Really hoping to get bloated with knowledge and wisdom.
1 Reply
James Wise
Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
8y
Originally posted by @Dawn O.:
I’ve recently been introduced to Renatus. I wanted to know if anyone here has used their education and mentorship to become successful in real estate. It’s a $20,000 commitment. I’d like to hear your feedback on their program if you’re so inclined.
Real Estate is actually incredibly simple at it's core. Nothing is secret, tricky or special. Where most people run into trouble is execution. They give up when they don't immediately see results. You have to stick it out & put up with the setbacks. Another thing I see is many of the investors who try to make a go at it are drastically under capitalized. To be successful at real estate investing you need a large amount of income coming in NOW so you can live off of it & invest the excess. Spending $20k on a course isn't going to fix any of those problems.
Too many look at this business as a way to quit their jobs. It's not a way to quit your job. If you are looking into real estate investing because you want to quit your job or you don't have enough money right now you are in this for the wrong reasons. If you are investing it's a way to provide yourself a better retirement. If you are looking to run an active real estate business, then yes you can quit your job & do that. But that's very different then investing.
Myself have a decent amount of rentals & work about 80 hours per week running my businesses. I will be the 1st one to tell you I am not living off of the money I make from the cash flow on my personal rental portfolio (200+ rentals) I am living off of the money that is generated from the $50M+ in annual volume of our Sales, Property Management, Insurance, Title & Digital Media businesses.
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Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
8y
@James Wise one of your better post in my mind.
its debatable about spending 20k on an education program I have no doubt some are probably worth it. I see this one though as others have mentioned its basically an MLM with the few at the top of the pyramid making huge money.
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Matt K.
Walnut Creek, CA · Member since 2015 · 3k+ posts · 2k+ votes
8y
Pyramid is illegal, this is a reverse funnel....
1 Reply
Alpesh Parmar
Investor · Dublin, CA · Member since 2016 · 344 posts · 228 votes
8y
I hate any MLM type of business. I spend money in education by attending online workshops, boot camps and conferences which are offered by exerts in that particular area. If I knew how to calculate cap rates and do proper analysis, I wouldn't have lost money in my first turnkey property. I did learn from that experience but coated me way more than BP membership.
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Dawn O.
OP
Real Estate Agent · San Diego, CA · Member since 2010 · 85 posts · 43 votes
8y
@RJ Gustilo you are correct. The BASE package for the program is $2,000. It includes only about 10 of the 50+ courses and little to no mentorship, although you can mingle with other community members while you dive into the education. When you get ready to move into actual investing and want more classes, you'll be asked to pay the balance of $18,000. THEN you'll get lifetime membership and have access to mentorship and the rest of the things the company has to offer it's $20,000 lifetime members. There is also an option for a $7,999 package if you want to only go into one form of real estate (i.e, you only want to be a flipper - or only want to do a specific sector in commercial). Either way, whenever you're ready to move into more education, you'll be required to pay the balance of the $20,000 investment.
Don't get that twisted. To take advantage of the full benefits of Renautus, it's going to cost you $20,000. That can be $20,000 up front, or after you've bought the $2,000 basic education or the $7,999 mid level education.
0 Reply
Dawn O.
OP
Real Estate Agent · San Diego, CA · Member since 2010 · 85 posts · 43 votes
8y
@James Wise I may not have said it, but thank you for your input. I appreciate your view.
0 Reply
Dawn O.
OP
Real Estate Agent · San Diego, CA · Member since 2010 · 85 posts · 43 votes
8y
@Brent Coombs I guess I've heard both. I've gotten education from the group meetings that I've attended, but it's always cursory information because I haven't bought the package yet. I've also been invited to attend an all day training on a specific subject. I guess I wanted to hear from someone in BP that has had success using their systems. I wanted to do that because I recognize that all things that glitter are not gold.
0 Reply
Account Closed
Riverside, CA · Member since 2017 · 412 posts · 296 votes
8y
Originally posted by @James Wise:
Originally posted by @Dawn O.:
I’ve recently been introduced to Renatus. I wanted to know if anyone here has used their education and mentorship to become successful in real estate. It’s a $20,000 commitment. I’d like to hear your feedback on their program if you’re so inclined.
Real Estate is actually incredibly simple at it's core. Nothing is secret, tricky or special. Where most people run into trouble is execution. They give up when they don't immediately see results. You have to stick it out & put up with the setbacks. Another thing I see is many of the investors who try to make a go at it are drastically under capitalized. To be successful at real estate investing you need a large amount of income coming in NOW so you can live off of it & invest the excess. Spending $20k on a course isn't going to fix any of those problems.
Too many look at this business as a way to quit their jobs. It's not a way to quit your job. If you are looking into real estate investing because you want to quit your job or you don't have enough money right now you are in this for the wrong reasons. If you are investing it's a way to provide yourself a better retirement. If you are looking to run an active real estate business, then yes you can quit your job & do that. But that's very different then investing.
Myself have a decent amount of rentals & work about 80 hours per week running my businesses. I will be the 1st one to tell you I am not living off of the money I make from the cash flow on my personal rental portfolio (200+ rentals) I am living off of the money that is generated from the $50M+ in annual volume of our Sales, Property Management, Insurance, Title & Digital Media businesses.
@James Wise, Whoa, now you've confused me. You say: "I work about 80 hours per week running my businesses. I will be the 1st one to tell you I am not living off of the money I make from the cash flow on my personal rental portfolio (200+ rentals)"
Okay, I'm missing something. We live pretty dang well off of under 20 properties and it takes me less than 30 hours a week. Most of that time is spent looking for the next property which I enjoy doing. It's more of a hobby to me than a job. We sleep in, go to dinners, travel when we want to, follow the news, play a lot, and tutor people. How can you Not make a dang good living on 200 units? Can't you hire a property manager and work a whole lot fewer hours? I bought my properties using "Subject To" and Wraps, didn't use banks and I have tremendous cash flow. I have to guess you did things that way too, No?
0 Reply
Dawn O.
OP
Real Estate Agent · San Diego, CA · Member since 2010 · 85 posts · 43 votes
8y
@Account Closed was simply saying that though he has 200+ units, those units are not paying for his lifestyle. If he’s got multiple businesses and they bring in more than the property brings in, he may not want to lower his standard of living by letting go of his main source of income. I get that. To some, $120,000 per year is a lot, to others it’s their baseline monthly living expenses.
1 Reply
Account Closed
Riverside, CA · Member since 2017 · 412 posts · 296 votes
8y
Originally posted by @Dawn O.:
@Account Closed ... @James Wise was simply saying that though he has 200+ units, those units are not paying for his lifestyle. If he’s got multiple businesses and they bring in more than the property brings in, he may not want to lower his standard of living by letting go of his main source of income. I get that. To some, $120,000 per year is a lot, to others it’s their baseline monthly living expenses.
You say: "he has 200+ units, those units are not paying for his lifestyle"
Did you notice he works 80 hours per week? He has NO LifeStyle! * * * ;-) It's not a badge of honor to work that many hours.
0 Reply
Luke Ski
Columbia, MD · Member since 2018 · 27 posts · 169 votes
8y
Not to sound mean or anything just my 2 cents.... you are a pure example (just like many others) real estate agent that know not too much about investing in real estate even though you sell or help to buy properties for your own customers. I really hope you never claimed to your customers that you are the investment properties specialist! 99% of the time any agent I ran into claims that but the reality is very different.
I would not expect any seasoned real estate agent to need $20K course on how to become successful investor in real estate. Most of us never spent $1 on mentoring programs and managed to purchase many well cash flowing properties. Save your $2k or $20K and use your best knowledge to buy investment property with that money. ( bigger pockets is free and it teaches a ton!)
0 Reply
Corey Finnie
Investor · San Diego, CA · Member since 2009 · 2 posts · 0 votes
8y
The education is quality but the focus is on Marketing. If you really want to take action find a good REIA like SDOUTBACREIN and surround yourself with action takers. Find a mentor and JV. You'll learn more hands on and you won't be selling amway
0 Reply
Corey Finnie
Investor · San Diego, CA · Member since 2009 · 2 posts · 0 votes
8y
*Sdoutbackrein, and yes I have bought the Renatus AIT package when it was $15k. It was great to get me into a community and back in the game but its all focussed on making $ selling eduacation rather than doing real estate.
0 Reply
James Wise
Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
8y
You say: "he has 200+ units, those units are not paying for his lifestyle"
Did you notice he works 80 hours per week? He has NO LifeStyle! * * * ;-) It's not a badge of honor to work that many hours.
I suppose that's one way to look at it. It's definitely not for everyone. However large companies aren't built by entrepreneurs who don't want to put in the time. I'd say taking a company's annual volume from $283k to $54M+ over the last 5 years is a badge of honor. I'd imagine many of the folks reading this would agree.
0 Reply
Account Closed
Riverside, CA · Member since 2017 · 412 posts · 296 votes
8y
Originally posted by @James Wise:

Originally posted by @Account Closed:

Originally posted by @Dawn O.:

@Account Closed ... @James Wise was simply saying that though he has 200+ units, those units are not paying for his lifestyle. If he’s got multiple businesses and they bring in more than the property brings in, he may not want to lower his standard of living by letting go of his main source of income. I get that. To some, $120,000 per year is a lot, to others it’s their baseline monthly living expenses.
You say: "he has 200+ units, those units are not paying for his lifestyle"
Did you notice he works 80 hours per week? He has NO LifeStyle! * * * ;-) It's not a badge of honor to work that many hours.
I suppose that's one way to look at it. It's definitely not for everyone. However large companies aren't built by entrepreneurs who don't want to put in the time. I'd say taking a company's annual volume from $283k to $54M+ over the last 5 years is a badge of honor. I'd imagine many of the folks reading this would agree.
Congratulations. That is quite a professional accomplishment to say the least. However, Growing up I was taught that home and family were as important or more important. I guess that is where you and I part ways. To each his own. ;-) We'll let the future readers of this decide their own path and what they will exchange their limited time in this world for.
1 Reply
Dawn O.
OP
Real Estate Agent · San Diego, CA · Member since 2010 · 85 posts · 43 votes
8y
@Luke Ski ... because you don’t know anything about me or my background, I’m going to nicely say I’ve never had to claim to be anything im not for money. Your two cents were... unwarranted. Next time, I ask that you attempt to add value to my request for understanding. If you cannot. Please don’t respond. You waste everyone’s time reading your cents.
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