Real Estate Agent · Southlake, TX · Member since 2017 · 22 posts · 3 votes
Does anyone have experience with Phill Grove and the REIA in Dallas? I attended a meeting and signed up for a free 3 day event in Dallas this weekend. Would love some feed back. Thanks!!
Does anyone have experience with Phill Grove and the REIA in Dallas? I attended a meeting and signed up for a free 3 day event in Dallas this weekend. Would love some feed back. Thanks!!
HI Brandi, just my two cents, I would stay away from guru events that are intended to up-sell you to the next more expensive event/level.
I would focus in on some of the free real estate groups, read some of the BP books and listen to the podcasts. IMO the best experience is just doing. ESPECIALLY if your husband has contacts in the trades.
I would recommend having him reach out to a local experienced investor and offer up some help on a project or two to learn the business or even possibly partner on a deal. JMO.
My wife and I did a flip last year, and honestly we spent a lot less and learned a LOT more than any GURU seminar.
Does anyone have experience with Phill Grove and the REIA in Dallas? I attended a meeting and signed up for a free 3 day event in Dallas this weekend. Would love some feed back. Thanks!!
HI Brandi, just my two cents, I would stay away from guru events that are intended to up-sell you to the next more expensive event/level.
I would focus in on some of the free real estate groups, read some of the BP books and listen to the podcasts. IMO the best experience is just doing. ESPECIALLY if your husband has contacts in the trades.
I would recommend having him reach out to a local experienced investor and offer up some help on a project or two to learn the business or even possibly partner on a deal. JMO.
My wife and I did a flip last year, and honestly we spent a lot less and learned a LOT more than any GURU seminar.
Real Estate Agent · Southlake, TX · Member since 2017 · 22 posts · 3 votes
9y
Thank you for your response! Sounds like great advice! We just need to start networking. I might try and find another REI group to join in the area. It wouldn't hurt to be a part of more then one group. Thank you!
Contractor · Dallas, TX · Member since 2016 · 97 posts · 38 votes
9y
Brandi,
I think you'll find that over the course of the 3-day event, everything you hear falls just short of being truly useful. That is of course until you give in to spending thousands and thousands of dollars on their mentoring program. As Bart suggests, you should read more and join a local REI club to gain some more knowledge. There are tons of great resources online and in print.
Property Manager · Richmond, VA · Member since 2015 · 32 posts · 12 votes
9y
Hi Brandi,
I went to his 3 day seminar a few months ago and definitely learned some new things. He presents tons of different strategies in real estate and it's a lot to wrap you're head around. There is a pitch at the end trying to get you to pay thousands his mentor program. I agree local meetups without anybody pitching their products is the way to go as well as reading and listening to podcasts and keeping up with the local news on BP.
Investor · Dallas, TX · Member since 2016 · 135 posts · 62 votes
9y
We went to a one night event. He started talking about wholesaling without having any money. At one point he asked the audience, "What do you do if you get a house under contract and then do not find a buyer?" Then he made a motion with his hands as if he were tearing up a piece of paper. He paused and said, "They are in a bad situation and they won't sue you."
Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
8y
@Brandi R. Did you go? What did you think? Never heard of him, but just about ever Guru seems to have Dallas on their list and filling up hotel ballrooms this year. Leave your money at home and don't sign up for the next course immediately.
The http://dfwinvestors.com/ is free networking once a month. Probably the biggest and best group I've been to. Not perfect, but works. Too many other pitching something expensive.
Rental Property Investor · Dallas, TX · Member since 2013 · 34 posts · 7 votes
8y
Hey @Bruce Lynn, I went to an event back in Austin a few years ago. The primary strategy that they pitched was marketing for Sub2 deals. I thought the three day free event was useful if you're very new to real estate investing, it gives you a baseline understanding of real estate strategies.
As already mentioned, the intent is to up-sell you on their mentorship program. Phill and his wife are well known in Texas real estate community and I'm sure it is a great program; however, there is little that they are going to be able to share with you that you can't learn on your own online via podcasts and the BP forums. In my experience with speaking to those who have gone through mentorship programs, they often pay thousands of dollars for the program but never do a single deal. My opinion is that if you're just wanting to pay for a packaged up program then you likely don't have what it takes to make it in real estate. You will be much better off taking that money, purchasing a deal, and learning the hard way.
Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
8y
@Matthew Hite I almost agree.....Sometimes I see people spend way too much on training. Sometimes I wish the people who would spend $20,000 on mentoring, would spend $20,000 on almost any type of property instead and learn first hand. I am all for training, but not at the expense of investing.