My wife and I just started our Real Estate (RE) Investment journey. We went to a 3-day Rich Dad Poor Dad seminar (after reading his books) and was introduced to RE education via Legacy Education. They are trying to sell us education packages that cost $3K-$20K.
During the seminar, they explained the importance of RE education, which we agree. But we need somewhere to start, a mentor of some sort.
Anyhow, they said it is helpful to have a mentor to do some of the deals. And will provide software to help analyze the RE market in the area we are interested in.
Has anyone in this group/community gone through their program and or mentorship program? If so, was it worth it? Was it worth the cost? We are currently reading a lot of RE investment books, which are very helpful in understanding the arena.
However, we want to know if there are similar programs out there which are more cost-effective. We'd rather use the money to acquire our first RE investment property. What is your recommendation? Thanks!
No, it’s not worth it. It’s a complete pyramid scheme. I just finished my 3 days and the last day I tried to give my number to another participant to keep in touch (they discourage you from networking at the 3 day) and one of the mentors began yelling at me and became physically aggressive to the point where he grabbed me and shoved me. Plus they will try to sell you anywhere between $20,000 - $50,000 worth of more classes during the entire 3 day class.