What apartment multifamily mentor training programs are the best

Multi-Family and Apartment Investing
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What apartment multifamily mentor training programs are the best

Jeff Banky
Commercial Real Estate Investor · Pinole, CA · Member since 2014 · 51 posts · 12 votes

Hello

I am interested in additional training and was curious if someone out there has a coach or mentor who helped you become successful...

Any advice and help is apprecieated..

Thanks

Jeff

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Marc C.
Buy-and-Hold Rental Investor · Santa Fe, NM · Member since 2015 · 438 posts · 352 votes
9y

Jeez, these days, the question is more like, "Who DOESN'T offer training and coaching?" Many of the book authors listed in my post about multifamily books here seem to offer coaching. Many of the authors are also podcasters and share much of their knowledge on those. 

I like author Craig Haskell's  http://www.valuehoundacademy.com/public/department...

I also like author Lance Edwards, http://www.apartmentwealthinfo.com/. 

Author Theresa Bradley Banta offers http://theresabradleybanta.com/real-estate-mentori...

The Michael Blank offers http://www.ultimateapartmentinvestingguide.com/

Jake and Gino offer https://jakeandgino.mykajabi.com/store

http://www.multifamilypartner.com/the-most-powerfu... looks interesting. 

Because he's a lawyer, I'd be tempted by Charles Dobens' Multifamily Investing Academy. https://www.multifamilyinvestingacademy.com/

"The Google" turned up http://www.multifamilypartner.com/the-most-powerfu...

and Chris Urso has http://www.eliteapartmentcoaching.com/

In the end, reading the books I mentioned in my other post should get you 80% there in the education dept. If you want mentoring/coaching, then any of the authors should be able to help....or just meet a MF investor in your local REIA and ask him or her to help you. Personally, I think $300 is all training/coaching is worth...any more than that, and I think you are wasting your money or you are just too lazy to read the books, watch the videos, and listen to the podcasts.

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  • Chase Keller
    CCIM · Des Moines, IA · Member since 2014 · 341 posts · 170 votes
    9y

    Hello @Jeff Banky.  I have a couple groups that have been amazing for me.  Robert Helms and Russ Gray of The Real Estate Guys.  They do an event that teaches real estate syndication, myself and many of their students are in the multifamily world.  
    Brad Sumrok is also a good one.  I haven't been a student of his, but I've met him and I know many guys that have learned the business under him and are doing very well.  
    Let me know if there's anything I can do to help!

    5Reply
  • Jeff Banky
    OP
    Commercial Real Estate Investor · Pinole, CA · Member since 2014 · 51 posts · 12 votes
    9y

    what does he charge for his coaching program?

    0Reply
  • Gino BarbaroPro Member
    Rental Property Investor · St Augustine, FL · Member since 2014 · 2k+ posts · 1k+ votes
    9y

    @Jeff Banky

    Hi Jeff 

    What type of niche are you focusing on in real estate?  I was a part of Rich Dad's program years ago, and I found it to be helpful

    Gino

    Podcast Guest on Show The “Conveyor Belt” System That’ll Build You a BIG Rental Portfolio Quickly
    1Reply
  • Luke M.
    Investor · Cedar Falls , IA · Member since 2014 · 49 posts · 8 votes
    9y

    I have been to the Real Estate Guys events(just signed up for 2 more) I cant say enough great things about them! I have met brad and a lot of people who have benefited greatly from his group. Even had the opportunity to enjoy a drink with @Tom Lafferty in San Diego a week ago! Great times and great education!! 

    0Reply
  • Thomas Leonard
    Real Estate Investor · Andover, MA · Member since 2014 · 30 posts · 19 votes
    9y

    Hi Jeff,

    I have attended The Real Estate Guy's syndication seminar and found it very worth while.  I am also in Brad Sumrock's foundation program.  I have learned a lot from both of these groups and highly recommend them.  You asked about the cost, don't let that be your deciding factor.

    Good Luck, Tom

    0Reply
  • Marc C.
    Buy-and-Hold Rental Investor · Santa Fe, NM · Member since 2015 · 438 posts · 352 votes
    9y

    Jeez, these days, the question is more like, "Who DOESN'T offer training and coaching?" Many of the book authors listed in my post about multifamily books here seem to offer coaching. Many of the authors are also podcasters and share much of their knowledge on those. 

    I like author Craig Haskell's  http://www.valuehoundacademy.com/public/department...

    I also like author Lance Edwards, http://www.apartmentwealthinfo.com/. 

    Author Theresa Bradley Banta offers http://theresabradleybanta.com/real-estate-mentori...

    The Michael Blank offers http://www.ultimateapartmentinvestingguide.com/

    Jake and Gino offer https://jakeandgino.mykajabi.com/store

    http://www.multifamilypartner.com/the-most-powerfu... looks interesting. 

    Because he's a lawyer, I'd be tempted by Charles Dobens' Multifamily Investing Academy. https://www.multifamilyinvestingacademy.com/

    "The Google" turned up http://www.multifamilypartner.com/the-most-powerfu...

    and Chris Urso has http://www.eliteapartmentcoaching.com/

    In the end, reading the books I mentioned in my other post should get you 80% there in the education dept. If you want mentoring/coaching, then any of the authors should be able to help....or just meet a MF investor in your local REIA and ask him or her to help you. Personally, I think $300 is all training/coaching is worth...any more than that, and I think you are wasting your money or you are just too lazy to read the books, watch the videos, and listen to the podcasts.

    9Reply
  • Daray Olaleye
    Real Estate Investor and Business Coach · Houston, TX · Member since 2016 · 107 posts · 77 votes
    9y

    I just became one of Micheal Blank's students. So far so good!

    https://www.ultimateapartmentinvestingguide.com/

    Hope this helps.

    5Reply
  • David Thompson
    Investor · Austin, TX · Member since 2013 · 933 posts · 1k+ votes
    9y

    Jeff,

    Would look into Joe Fairless' program if you are looking to get coaching from someone doing big deals and w/frequency.  Something that Joe's program offers that I have not heard of from others is an opportunity to potentially raise capital for Joe's deals.  Why would that be important?  Think leveraging credibility (if you are lacking experience in large MF)  and the fact that the investors you bring to the deal are your investors to cultivate, which will be your investors when you are ready to syndicate your own deal.  You can listen to some of my podcast interviews on my BP page to see how Joe's program was the ultimate launching pad for my success in this area.  

    http://joefairless.com/apts/?mc_cid=6c80b2c8cc&mc_...

    7Reply
  • Chase Keller
    CCIM · Des Moines, IA · Member since 2014 · 341 posts · 170 votes
    9y

    Overall, real estate is a relationship business.  You can read every book, blog, podcast out there, but can't do a deal without getting in relationship with someone.  One could look at the amount that I've spent for events, conferences and mentoring and think I'm crazy when I could have taken that time and money and out it into a deal; which they'd be absolutely right.  But my perspective is that I'm not in this just for a deal, but to help me to ask the right questions and ultimately build a business that will last. Relationships that I've developed at these events and mentoring, not including the facilitators themselves, have been worth the "price of admission".  Since he's a part of this thread, I'll mention him:  I've had the good fortune to meet guys like @Tom Lafferty who is out there doing deals and has been amazing about answering questions and offering advice. 

    The point is, whatever way you choose, make sure it aligns with your values and goals, and throw your heart and sweat in it. Shelling out cash isn't going to find you deals and make you a success. You're the only one that determines your success. Preaching to the choir here; BP is full of awesome people that are out there doing the thing!  

    6Reply
  • Account Closed
    Real Estate Investor · Rancho Santa Fe , CA · Member since 2016 · 323 posts · 107 votes
    9y

    Hi @Jeff Banky, You shouldnt Pay there is Hundreads of guys that like sharing there knowledge, find the clubs in Your area even do I am a Consultant, I dont charge for Talking and holding your hand to the right deal. 

    do a lot of self education, read and maybe attended some coaching latter, but nothing better then doing it your self and learning, with the best coach you can also fail. 

    0Reply
  • Jessie Niu
    Columbus, OH · Member since 2015 · 210 posts · 80 votes
    9y

    @Tom Lafferty, @Thomas Leonard, I am considering attending Brad's 2 day class in March, I know he will promote sighing up for his program there. Do you think an out-of-state investor like me will benefit it? He is in TX and I am in Ohio. I'd like to meet other apartment investors and maybe do deals together but does it make sense to go all the way to TX? I only want to do local deals , Columbus OH is s great market. 

    1Reply
  • Michael Le
    Developer · Houston, TX · Member since 2015 · 1k+ posts · 1k+ votes
    9y

    @Jessie Niu, the majority of his students are around Texas and most of the deals are around Texas (it's just a good market). But he has plenty of students around the country and they're doing deals around the country. There was one deal last year where the student was in LA, Brad was in Dallas,  and the deal was in New Mexico.

    If you're looking for a mentor closer to you, @Joe Fairless is in Cincinatti. But Joe also works with people around the country. So don't let the distance deter you.

    1Reply
  • Jeff Banky
    OP
    Commercial Real Estate Investor · Pinole, CA · Member since 2014 · 51 posts · 12 votes
    9y

    Thanks everyone for the input...were good advice from you all.....Taken to heart for sure....Good luck out there and i hope i hva e the pleasure of meeting some of you along the way! Go get em!!

    0Reply
  • Thomas Leonard
    Real Estate Investor · Andover, MA · Member since 2014 · 30 posts · 19 votes
    9y

    I listen to a lot of podcasts involving Real Estate investing.  One common theme that I've learned from those that are successfully doing deals is to find a mentor. The right mentor, and not a Guru, will save you a lot of time and avoid making a lot of mistakes.

    5Reply
  • Robert EllisBusiness Member
    Developer · Miami, FL · Member since 2014 · 3k+ posts · 1k+ votes
    9y
    Originally posted by @Jessie Niu:

    @Tom Lafferty, @Thomas Leonard, I am considering attending Brad's 2 day class in March, I know he will promote sighing up for his program there. Do you think an out-of-state investor like me will benefit it? He is in TX and I am in Ohio. I'd like to meet other apartment investors and maybe do deals together but does it make sense to go all the way to TX? I only want to do local deals , Columbus OH is s great market. 

     Jessie, have you checked out any local groups in Columbus? There are a lot of apartment owners that attend two local meetups that happen every month that I'm sure could help you get an idea of what to do. 

    [email protected]786-494-6766
    Section 8 Launch52 Reviews
    WebsiteView Page
    1Reply
  • Tom Lafferty
    Plano, TX · Member since 2013 · 226 posts · 156 votes
    9y
    Originally posted by @Jessie Niu:

    @Tom Lafferty, @Thomas Leonard, I am considering attending Brad's 2 day class in March, I know he will promote sighing up for his program there. Do you think an out-of-state investor like me will benefit it? He is in TX and I am in Ohio. I'd like to meet other apartment investors and maybe do deals together but does it make sense to go all the way to TX? I only want to do local deals , Columbus OH is s great market. 

    Hi Jessie, yes it does make sense to come to Dallas for Brads event, even if you don't do anything further with his group.  You will learn a lot!  There are a lot of members that live in other states doing deals with mentoring from Brad.  It helps if you're able to come to the events if you want to network with others and take full advantage of the group.  

    2Reply
  • Mark Allen
    Real Estate Investor/Broker · Irving, TX · Member since 2015 · 520 posts · 263 votes
    9y
    Tamiel Kenney has a mentor program
    1Reply
  • Tamiel Kenney
    Investor · Dallas, TX · Member since 2016 · 168 posts · 195 votes
    9y

    @Jeff Banky  HI Jeff!!  "The Real Estate Guys" are a great source for syndication and sales training.  They also have a great Culture within their group and events that are like no other.  We have found that having integrity and authenticity are paramount in this industry, as with most industries, and they have both!  They have a very "Abundant" mindset (meaning they believe that there is more than enough to go around and that competition is actually a "good thing").  They definitely talk against the "typical guru" for a reason! Gurus may preach integrity and Abundance...but do your due diligence and keep your guard up when evaluating who to give your money to.  I wish you Good luck as you begin your search! 

    4Reply
  • Abraham Anderson
    Investor · Sevierville, TN · Member since 2015 · 121 posts · 674 votes
    9y

    Gateway to Multifamily by Jake & Gino has been invaluable to me. It walks you through every step of finding, financing, and running Multifamily properties

    https://jakeandgino.mykajabi.com/store/52gTUByk

    3Reply
  • David Veeder
    Investor · Dallas, TX · Member since 2014 · 112 posts · 83 votes
    9y
    Originally posted by @Jessie Niu:

    @Tom Lafferty, @Thomas Leonard, I am considering attending Brad's 2 day class in March, I know he will promote sighing up for his program there. Do you think an out-of-state investor like me will benefit it? He is in TX and I am in Ohio. I'd like to meet other apartment investors and maybe do deals together but does it make sense to go all the way to TX? I only want to do local deals , Columbus OH is s great market. 

     One of Brad's previous mentee's did two deals in Ohio.  I think that you will meet people from all over the country at Brad's group.

    1Reply
  • David Veeder
    Investor · Dallas, TX · Member since 2014 · 112 posts · 83 votes
    9y

    I am a member at Lifestyles Unlimited and have been happy there.  Brad Summrock was my mentor at Lifestyles unlimited before he broke off to do his own program.   Brad is an excellent teacher and it is well worth it to go to his seminar.  I stuck with LifeStyles Unlimited because I paid the fee there and is cheaper for me to maintain the membership than switch.  I don't have a lack of deals to choose from.  I may at some point join Brad's program if I need more opportunities to purchase at some point.  In either program, there are a lot of investors with similar mindsets that are doing deals.  It is fascinating to experience.  

    2Reply
  • Jessie Niu
    Columbus, OH · Member since 2015 · 210 posts · 80 votes
    9y
    Originally posted by @Robert Ellis:
    Originally posted by @Jessie Niu:

    @Tom Lafferty, @Thomas Leonard, I am considering attending Brad's 2 day class in March, I know he will promote sighing up for his program there. Do you think an out-of-state investor like me will benefit it? He is in TX and I am in Ohio. I'd like to meet other apartment investors and maybe do deals together but does it make sense to go all the way to TX? I only want to do local deals , Columbus OH is s great market. 

     Jessie, have you checked out any local groups in Columbus? There are a lot of apartment owners that attend two local meetups that happen every month that I'm sure could help you get an idea of what to do. 

     Thanks Robert, I am looking for a networking group that focus on apartment building, most people in those networking events I've been to at Columbus are SHF investors. 

    1Reply
  • Robert EllisBusiness Member
    Developer · Miami, FL · Member since 2014 · 3k+ posts · 1k+ votes
    9y

    To my knowledge there is an association that you can join of multifamily apartment owners. Ed's dublin landlord meeting has some that own multifamily properties. Other than that I would recommend one on one meetings with property owners. Each time you sit down with someone ask for another recommendation of someone else that owns 10+ multifamily properties. We are agents that sell multifamily properties and i have plenty of connections that would sit down with someone just getting started in columbus if you need one or two to start

    [email protected]786-494-6766
    Section 8 Launch52 Reviews
    WebsiteView Page
    3Reply
  • Tom Lafferty
    Plano, TX · Member since 2013 · 226 posts · 156 votes
    9y

    It is tough to find REIA's or mentoring groups that are specific to multifamily. The Real Estate Guys put on great events, and I continue to attend them. Their syndication event is a great introduction, has great content and well-informed speakers. They also attract high quality attendees. Just know that it is not focused on any particular asset class, and does not go into depth on any particular topic. They cover a lot, and the event would have to be a week long to go into detail.

    I don't know about a lot of the others you mentioned, but I would make sure they have long term experience. 

    0Reply
  • Dan N.
    Investor · Austin, TX · Member since 2013 · 113 posts · 30 votes
    9y

    I second the recommendation for Lifestyles Unlimited. I'm a satisfied member of nearly 4 years. They do both SF and MF. 

    0Reply
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