Wayne Gray coaching

8 Replies

I have been wanting to get into realestate for some time now. The only real estate I have is a personal house I had the privilege of going to a Tony robins event yesterday, and also listen to a man named Wayne Gray. He pitched his 3 day coaching seminars for a $1000 for 2 people. A friend of mine and I split the price and are scheduled to go and October. After I signed up I went online and found nothing but bad reviews on the guy, and his coaching. He pitched the fact that he would fund deals up to a million dollars. This was based on quick flips, which is all I am intrested in at this point. Is this a scam? Should I try to get my money back? I liked that idea of financial assistance, as I don't have much free cash to invest. I have a child on the way in a mortgage to pay, so this is what pulled me in period what does everyone think?

If you have little cash reserves, try to get your money back. If you can't, chalk it up to an expensive weekend of education and do your due diligence before pulling out your checkbook in the future. I've never even heard of Mr. Gray but there is not shortage of "coaches" in this industry so if he can't show you his last 5 closing statements from the last 30 to 60 days, he's not practicing what he preaches. 

Originally posted by @Guy Gimenez :

If you have little cash reserves, try to get your money back. If you can't, chalk it up to an expensive weekend of education and do your due diligence before pulling out your checkbook in the future. I've never even heard of Mr. Gray but there is not shortage of "coaches" in this industry so if he can't show you his last 5 closing statements from the last 30 to 60 days, he's not practicing what he preaches. 

its typical that yes you can get financing from a HML that the coach has set up.. just like you can google HML in your area and get a HML .. you still have to qualify and the property has to qualify just because you sent through a guru to get a referral gives you no special standing or allow you to do deals when you really have no money and no experience.. the gurus are not lenders they are trainers..

Well, I learned the hard way, and said goodbye to some good money that could have gone towards a down payment... instead still trying to get into real estate. 

@Daniel Waskey. Avoid these sorts of guru events like the plague. They are all generally the same and I can guarantee you, you won’t learn nearly as much or get your money worth out of it
Originally posted by @Dennis M. :
@Caleb Heimsoth

Well .. You will learn how to max out your credit card limits !

And I’ll then carry a Balance on my credit cards so I don’t wreck my credit.  Lol