Hey everyone, I'm 19 years old and am very interested in getting involved in Real Estate. I have been researching a lot about Phil Pustejovsky and his Freedom Mentorship Program. There have been discussions about this before, but my question is, has anyone personally paid for the program or know someone personally who has? I have seen reviews from the program online, but don't know how to tell if they are all fabricated. Any responses would be greatly appreciated. Thanks everyone.
I am from your state. Anyway, I always am skeptical when "successful" investors start teaching classes. Investments take a lot of time. Who has the time to teach classes and mentor? Takes your eye away from the ball from doing more deals.
Lots of training, information and materials are cheap or free. Make sure you get your money's worth with this guy. I don't know Phil, so I pass no judgement on his program.
I did this. It was ridiculously expensive. They ask for a ton of money up front for "access" to all their resources. After my large deposit, the first three months were free, but then it was an additional $200/month to maintain your status. The group calls/coaching placed a ton of pressure on just getting any deal under contract and figuring everything else out afterward. If you did have a property locked down you kind of got dismissed on the calls. In a short time BiggerPockets has delivered a higher quality of information, with ease and at the best price, FREE! If you have already found BP, I would personally not pursue with the "Freedom Mentor" program at all. Network here and talk to real people that offer real experiences and opportunities for no cost.
Thanks gentlemen & surely we are appreciative of sharing your input regarding Joseph's question! Enjoy your summer...
ok, thanks for the advice, and Corey, did they not do something they had promised? How exactly did the program work?
Disclosure: I am a student
I'm in his program now and so I far I find it amazing. As a newb, this is a great way to learn from people that have been in the business for a long time and have a LOT of students go through the program. It's 50/50 split on the first 500K you make, but honestly, I'm happy to do it because this is a hands on program with great advice and strategies. We both have vested interests in my success. It's easy to get caught up in reading and going to seminars, but Phil's program is hands on and pushes you outside your comfort zone to make deals happen. This is perfect for me.
Updated over 2 years ago
Update to this post: After 6 months I never got a lead. This may be due to me living in Los Angeles where it's very competitive. I am since moved on to other ventures.
@Joseph Trubnick I have to agree with @Corey McKinney . Although I didn't buy into Phil Pustejovsky's program, I did watch all his free videos on youtube. Before that I read Rich Dad Poor Dad and after going to a seminar for RDPD I bought into their program. This program costs me $6,000 and included a coach as well as weekly phone/computer meetings at 6:30 pm once a week. We would get homework and were able to ask many questions. They also offered a resource line to call. But considering is was so new at the time I had basic questions that the coaches would only one word answer me which kind of discouraged me. Then I found BP! Not only is it free for the website, they have the great podcasts! Let me tell you from experience... I have watched all of the podcasts almost twice one youtube during my commutes in my car over the last few months. Instead of the radio I put the podcasts on (thankfully i have unlimited data on my cell phone plan). Although the RDPD program was insightful and somewhat informative, it was no where near worth $6,000! I wish I found BP earlier because it would have literally saved me thousands and provides more information for FREE then what I paid for.
On a final note I suggest watching all the podcasts you can and pick up the books they mention in the podcasts. If your going to spend money on learning real estate then use that money to buy real estate books and the business books they recommend in the BP podcasts.
Originally posted by @Michael Matlock :
It's 50/50 split on the first 500K you make...
Holy $(#&*$(*%!!! You're intending to pay this dude $250K!!!! I literally put my face in my hands and shook my head before I typed this second sentence. And now I have to do it again...