Flipper/Rehabber · FL · Member since 2020 · 50 posts · 9 votes
Has anyone done this 500k challenge with Bill Allen, or is it another one of those pay to play schemes? Looking to bring in some private money to fund some deals and not having much luck as a newer investor. Thanks in advance.
@Trace J., I just stumbled across this post and thought I would respond. I put together the challenge and we have had a few hundred people go through it so far. I have made 3 different adjustments to it so far based on feedback from people who have gone through it based on their success as well. You're right, it's only $100 so not much out of pocket but it is your time which is way more valuable. I try to keep each day to an hour or less so it doesn't feel so overwhelming.
I've seen people raise a couple hundred thousand all the way to over $6M with it. But honestly, the concepts and tactics are the real value as it will help you with raising money forever, it did for me and I'm just packaging things I've been taught along the way in there.
I just did a few podcast episodes with some folks who have done the challenge sharing their feedback and takeaways as well. That may be a good place to hear more about it. If you have any questions about it let me know.
Hey Mark, no nothing yet. I believe it is only $100 which isn't much out of pocket in the grand scheme of things. I'm surprised no one else has tried this yet or at least mentioning good, bad or indifferent about it.
I just googled 500k challenge to go purchase it. It's not a scheme, it does work. I have friends in different facebook groups who have raised a lot of money with it. I know Bill, and he is a legit dude and a very successful real estate investor. I plan to start the challenge soon and will let you know if I raise any funds.
@Trace J., I just stumbled across this post and thought I would respond. I put together the challenge and we have had a few hundred people go through it so far. I have made 3 different adjustments to it so far based on feedback from people who have gone through it based on their success as well. You're right, it's only $100 so not much out of pocket but it is your time which is way more valuable. I try to keep each day to an hour or less so it doesn't feel so overwhelming.
I've seen people raise a couple hundred thousand all the way to over $6M with it. But honestly, the concepts and tactics are the real value as it will help you with raising money forever, it did for me and I'm just packaging things I've been taught along the way in there.
I just did a few podcast episodes with some folks who have done the challenge sharing their feedback and takeaways as well. That may be a good place to hear more about it. If you have any questions about it let me know.
@William Allen Thanks for the heads up on the podcasts. I would love to listen to those and learn more insight. I appreciate the info and post. Best wishes.