Houston, TX · Member since 2015 · 2 posts · 8 votes
11y
I just returned from Lance's Houston boot camp and was thoroughly impressed with the presentation, and the success stories that come out of his program. I live in Houston, and have been an investor in single-family homes in SE Texas for some time, but am interested in getting into small apartments and multifamily properties to leverage my time in a better way than houses do. (Houses can be flat exhausting.)
I was turned on to Lance by his book on Amazon, "How to Make Big Money in Small Apartments," and how real estate entrepreneurs can get into multifamily with other people's money rather than your own.
I met one of his students who bought the home study course Lance offers and was able to put a 27-unit apartment complex under contract with owner financing using none of his own money. The book actually had a lot of case studies, but meeting an actual student who has done it makes me more convinced this will actually work.
I'll admit Mark above has it right about his webinars... the slides aren't all that pretty, but does that actually matter if the education actually works? The Good Book isn't formatted to meet our aesthetics either, but it makes a man wise, wealthy and free.
I'll endorse Lance without having made my first apartment deal because I believe the education I've received is good; I will update to let you know how it is going.
Branford, CT · Member since 2013 · 33 posts · 2 votes
13y
I already did and there were 4 negative reviews in the last year. That's why I was hoping to talk to individuals that have actually taken his course. I liked his webinar but didn't like the reviews.
Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
13y
I never heard of the guy. A quick check and I am not impressed. There is some very good apartment info out there. The best is CCIM training which is probably more that you want to start. Next i would recommend Ray Alcorn's Dealmakers Guide.
Rental Property Investor · KY · Member since 2013 · 1k+ posts · 537 votes
13y
I've heard of him before, and before I ever joined his first free webinar, he already seemed to misrepresent himself.
I found him through a website called Meetup.com, which is designed for people to find other local people with similar interests and plan get togethers. I can't remember if he joined our group or started his own, but it appeared he was local, in Kentucky; he's in a completely different state.
Anyway, he was offering some interesting free webinars, so I attended at least two of them. As expected, it was limited general information with a sales pitch at the end. One of them he brought on another speaker; I believe it was an attorney talking about LLCs. It was the same spiel. Limited info, sales pitch, price, buy it now sale price. The funniest part about it was that the slides shown on the webinar were very basic, poorly written, and lacking a "professional feel." Random sentence fragments with big black, bold letters on a white background just seemed like a last-minute, sloppily thrown together presentation.
Something smelled fishy, so I didn't bite. By the looks of the online reviews and what I've read on here so far, I'm glad I didn't. He's quite the charmer, like most of those guys, with a really upbeat, positive attitude to get you in the mood to buy.
Houston, TX · Member since 2015 · 2 posts · 8 votes
11y
I just returned from Lance's Houston boot camp and was thoroughly impressed with the presentation, and the success stories that come out of his program. I live in Houston, and have been an investor in single-family homes in SE Texas for some time, but am interested in getting into small apartments and multifamily properties to leverage my time in a better way than houses do. (Houses can be flat exhausting.)
I was turned on to Lance by his book on Amazon, "How to Make Big Money in Small Apartments," and how real estate entrepreneurs can get into multifamily with other people's money rather than your own.
I met one of his students who bought the home study course Lance offers and was able to put a 27-unit apartment complex under contract with owner financing using none of his own money. The book actually had a lot of case studies, but meeting an actual student who has done it makes me more convinced this will actually work.
I'll admit Mark above has it right about his webinars... the slides aren't all that pretty, but does that actually matter if the education actually works? The Good Book isn't formatted to meet our aesthetics either, but it makes a man wise, wealthy and free.
I'll endorse Lance without having made my first apartment deal because I believe the education I've received is good; I will update to let you know how it is going.
Louisville, KY · Member since 2015 · 2 posts · 0 votes
11y
Hello. I noticed your post about Lance Edwards. I wanted to contact him. Do you have an email address for him? Thanks. P.S. My family lives in Houston. Great city. Wish I was there instead of up here where it is cold..
Still impressed? Someone from my local REIA pitched him to me. I am working on a deal for 2 small apartment complexes in Tulsa and am scrambling to see if there are any major issues with apartments that I am not aware of compared to single family. I will obviously be scanning this site relentlessly as well. I have already confirmed owner financing is available so my first step is to meet the owner and determine the level of motivation. After I confirm he is motivated, I will start working on the property evaluations.
I never heard of the guy. A quick check and I am not impressed. There is some very good apartment info out there. The best is CCIM training which is probably more that you want to start. Next i would recommend Ray Alcorn's Dealmakers Guide.
Foreclosure Specialist · Marietta, GA · Member since 2014 · 2 posts · 4 votes
11y
I've attended about 8-10 free webinars with Lance and find him very credible and knowledgeable about how to buy small apartments. Unfortunately I was unable to attend his 3 day boot camp in Houston, Tx, This guy gives you a lot of free information because he enjoys teaching about small multifamily apartments. I attended his seminar here in Atlanta and found it very informing and very motivating. I had the pleasure of meeting his mother that drove up from Florida to see prized son. She was a sweetheart. I'd recommend Lance anytime. I didn't buy his course because i had just brought on a local Mentor about four months earlier, that cost about $5,000. Lances course was about half that and much more informative. In hind site I wish I had bought Lance course instead.
Real Estate Investor · Atlanta, GA · Member since 2014 · 16 posts · 7 votes
10y
I have been absorbing Lance Edwards training materials for about 18 mos on and off now.. After a couple of failed attempts at acquiring an apartment rental property, I realize that I am at the point where I need professional mentoring. I too am considering using Lance Edwards based on the value of the materials that I already reviewed.
I am a cancer survivor on SSI and intend to obtain part-time employment during recovery to afford a mentor.
If there is anyone in the Atlanta, GA, area that can recommend a local Mentor at a reasonable rate I would truly appreciate it. Otherwise I will probably go with Lance.
Investor, Realtor · Decatur, GA · Member since 2015 · 89 posts · 45 votes
10y
Hi Tyrone,
Congratulations. My mentor / business partner is a survivor and I have been a caregiver. Our real estate office has been involved with the American Cancer Society as well as the Dekalb County relay for life. I am impressed with your courage to still want to invest in real estate while fighting cancer.
I am not a mentor, and I highly recommend you find one, but would be happy to share my experience as a landlord, realtor, property manager and flipper. Feel free to reach out if there's anything I can help with.
Investor · Centennial, CO · Member since 2012 · 326 posts · 232 votes
10y
Thank you @Brian Gibbons for the kind words!! Just wanted to let everyone know my web page has been updated to www.ApartmentMentors.com. If it's not okay to post this update per any BP guidelines, you can certainly remove the post. The web page above has not be used or updated in quite a few years.
Investor · Silver Spring, MD · Member since 2016 · 2 posts · 1 vote
10y
Any recent experiences with Lance Edwards? I'm going to one of his free seminars next week and I know it'll be a marketing push for his boot camps. Just wanted to get current feedback. Thanks
Investor · Saint Louis, MO · Member since 2015 · 108 posts · 31 votes
10y
The best review is always someone who has taken someone's program. When I go to a seminar I look for the people who have actually purchased whats being sold.
carpenter · Saint Joseph, MO · Member since 2015 · 11 posts · 6 votes
10y
Hi All,
You don't know me my name is Charles David Adams
I've been a carpenter builder for 40 years, I've built multimillion dollar
homes in Marina Del Rey next to the Hughes apartments, Colorado Springs Colorado,
and Phoenix. I bought Lance Edwards book thinking there might be something of use,
but no surprise just a lot tails of students who bought and profited with a quick end.
No ?how to? about it! Biggerpockets help don't promote thieves. It should not be buyer beware here that's not why I joined thinking I may get guidance it should be what it states in your ad.
Lance Edwards is BS like all the rest, you cannot make a commercial deal without an attorney
unless you're dealing with an FSBO. Biggerpockets I question your integrity.
Investor · Gilbert, AZ · Member since 2016 · 1 post · 2 votes
9y
Hi Bart. I was on the fence as well and just recently thought of doing a program with Lance Edwards. I had just one simple request. I either wanted their refund policy to extend until after my first conversation with my one on one coach or I want to speak with the coach for 15-30 minutes prior to paying just to make sure we're going to work well together. They flat out refused. Below is the email from their representative. From what I can tell a sales manager interested in closing the deal vs delivering value.
"We are not changing any verbiage or parts of this agreement. To become a coach you have to have gone through our program and successfully closed apartments deals after graduating. This opportunity stands as is. 15 minutes isn't enough time to realize your goals. Let's get you more involved withreaching these goals. "
As a former trainer/coach I would HAPPILY speak with a prospective client to ensure that we work well especially given the investment and that I would be working with that person every week for the next year. I liked the basics of the program as well and felt learning the process would be advantageous. However any coaching program that doesn't allow you to meet or speak with your coach prior to enrolling should be avoided in my opinion. Not everyone that can "close a deal" can TEACH what they know to someone else and that's the whole point right?
Wholesaler · Solano County, CA · Member since 2017 · 20 posts · 7 votes
8y
I recently come across Lance Edwards 90 days challenge program, It there's any recent comments or feed about this guy? he's program and mentoring promises is very enticing. yes I did looked him up and found couple of negative reviews, I need your feed back my fellow BP friends.
Frisco, TX · Member since 2018 · 67 posts · 8 votes
7y
I just attended Lances 3 day seminar this weekend. It was very informative and well worth my time. Today was the last day. He was excited for us when we graduated. We received a certificate and Lance himself played the graduation song and called each of us down. I took a selfie with him. The information we received was very detailed compared to most courses I’ve been to. It was not a pitch fest the whole time although there were some other ways to become involved and a higher level, he did not hold any information back and did not talk about the other courses the whole time like most others do. In fact most others like Fortune builders advertise someone like Than Merrill and you never see that person. The initial two hour introduction to his course at the Hotel was his brother who was there to do the. introduction. Lance actually shows up and teaches the course himself he doesn’t send other people he meets all of his students personally. I’ve been to several three day Boot Camps on other subjects about real estate and I have nothing bad to say. His staff was also friendly and seemed to genuinely care. Not pushy and recommended the best solution for me which was not to spend more money at this time and just apply what I had learned at this seminar. I have Never experienced that before. Every seminar I have been cable for especially Nick Vertucci were very pushy. After months of trying to figure out if I should go to his Boot Camp or not I finally decided to do it and I’m not disappointed I’m glad I did.
Investor · Richardson, TX · Member since 2016 · 44 posts · 9 votes
7y
Jason and Brooke,
Did the Lance Edwards people try to upsell you the Mentoring Program, if there is one? Or after graduation, do you get free support? If there is mentoring, what is the cost?
Rental Property Investor · Fremont, CA · Member since 2018 · 21 posts · 8 votes
7y
Disclaimer: Student of Lance Edward's small apartments course
Hi All,
I am speaking for myself here. I took Lance Edward's small apartments $2500 course and attended 3 days boot camp too.
After attending 3 days boot camp, they refund $500 back and if we're able to close a multi family property deal in 90 days after attending boot camp, they 'll refund the $2000 back. You'll have access to his support team via email who can help analyzing the apartment deals.
I have some basic knowledge of analyzing apartments so I didn't feel much excited after coming out of the boot camp. His book had very good info which can be helpful for beginners. He also provide home study CD's which are good for getting into multi family apartment investments.
Cons:
#1 By paying $2000 (assuming you attended boot camp and got the $500 refund), you get very basic email access to his team. They claim 2 working days to respond but my emails got response in 1 week to 10 days usually.
#2 Lance other courses with concrete support (via phone, regular 1 to 1 discussions etc) are pretty costly starting with $10K per 6 months support, ~$33K for 1 year support and $65K + etc
#3 They don't provide any money back for the courses mentioned in above #2
Realtor · Atlanta, GA · Member since 2015 · 266 posts · 182 votes
7y
Hey @Matt M. I wouldn't advise this course unless it's free because there is so much free information online in regards to apartments like watching Grant Cardone's youtube videos and Joe Fairless as a really good website on apartment syndications and general information. I would also listen to all the BP podcast when they bring on MFR investors because they provide some really good information especially if you are just getting started and has helped my build my apartment portfolio. Best of Luck!!!