Lisa Phillips Sub 30k mentoring program. Has anyone joined?

4 Replies

I just completed “Investing in rental properties for beginners“ by Lisa Phillips. The book talks about buying rental property in the sub 30k price range. She has a mentoring program  also and I wanted to hear about it from some of the members on this forum. Thanks for the input!

I'm part of her 10 week 1 on 1 mentoring program right now.  Im in week 7 and not only have I learned a ton.  I just closed on 3 pieces of property.  It would not have been possible without her help. She is very knowledgeable and motivating. And most importantly she gets results. 

Take the time you would spend and invest it reading these forums and listening to the podcasts. You will learn way more on here than you will in the course and it will save you a lot of money. Very few people on here ever talk positively of any "mentor" system as most of them are tiered systems that cost insane money for basic knowledge. Most people take them assuming they are the easy road to magical ways to become rich, they're not. Save your money for your first deal.

@Aaron Smith you’re going to take a guru class about buying sub 30k rentals? That’s gotta be interesting. Are you going to do this long distance? I sure hope not. I would recommend not doing this.

Originally posted by @Bryan Devitt :

Take the time you would spend and invest it reading these forums and listening to the podcasts. You will learn way more on here than you will in the course and it will save you a lot of money. Very few people on here ever talk positively of any "mentor" system as most of them are tiered systems that cost insane money for basic knowledge. Most people take them assuming they are the easy road to magical ways to become rich, they're not. Save your money for your first deal.

Lisa has posted a lot on BP over the years.. she is not a guru in the sense your thinking.. her mission is to bring investors into underserved very inexpensive markets with the idea of helping the community.. and for sure this is very high risk investing if you dont know the ins and outs of it..   I dont know what she charges for her mentoring.. but I know she lives it and works in what she preach's opposed to most guru's who are simply reselling information as you suggest..   Now I dont know the wisdom of buying those types of properties i guess maybe the return is a tad higher than less risk properties were you dont need a mentor to teach you how to operate in those neighborhoods.. But all one has to do is Follow the Morris invest debacle to see the risk of low end purchase price homes in America.