I have been flipping houses on the side but looking to replace my W2 as I scale up house flipping from small houses using only my own money to multiple larger deals (700k - 1m) using others' money. Not sure where to start but I've been following Ryan Pineda since about 2019. I know he's the real deal. He's been on BP more and more recently
Has anyone used his FutureFlipper coaching? It's $25,000 for 12 months of coaching, including meet ups where they introduce to private money lenders etc.
Seems crazy but they sort of got me on the "will introduce to private money lenders" part, and "plug and play systems you can put in place to scale".
My gut is slightly skeptical so I'm on here asking.
I too have followed Ryan on and off over the years. He is definitely "the real deal" in terms of he is a very successful entrepreneur with a big net worth and several streams of income (one of them being these future flipper course sales).
Here's my 2 cents. I have no problem with paying for courses, coaching, consulting, books, or any other form of valuable education. But I do have a problem with paying $25,000 for access to private money lenders and for "systems you can put in place to scale"
Google "Private Money Lenders Near Me" and you should find a dozen that show up, with websites and reviews. Spend an afternoon calling all of them, introducing yourself, learning about their lending parameters, etc. There you go, now you have been introduced to private money lenders and you didn't need to spend $25,000.
As far him offering "plug and play systems you can put in place to scale" this is a bit more nuanced. You can't just google this or find a YouTube video that breaks this all down. But the process really is simple. You need to:
1. Find a deal (the hardest part)
2. Find a way to fund that deal (the easiest part)
3. Close on the deal
4. Rehab if needed
5. Rent out the newly renovated space and vacant space
6. Refinance to recapture some of your initial investment
7. Repeat the process
They call it the "BRRRR" strategy around here. But no matter what way you spin it, that strategy is how you scale to larger deals. If he was charging $500 for more detail on this process, that might be a sound investment. But $25,000? Cmon.
I too have followed Ryan on and off over the years. He is definitely "the real deal" in terms of he is a very successful entrepreneur with a big net worth and several streams of income (one of them being these future flipper course sales).
Here's my 2 cents. I have no problem with paying for courses, coaching, consulting, books, or any other form of valuable education. But I do have a problem with paying $25,000 for access to private money lenders and for "systems you can put in place to scale"
Google "Private Money Lenders Near Me" and you should find a dozen that show up, with websites and reviews. Spend an afternoon calling all of them, introducing yourself, learning about their lending parameters, etc. There you go, now you have been introduced to private money lenders and you didn't need to spend $25,000.
As far him offering "plug and play systems you can put in place to scale" this is a bit more nuanced. You can't just google this or find a YouTube video that breaks this all down. But the process really is simple. You need to:
1. Find a deal (the hardest part)
2. Find a way to fund that deal (the easiest part)
3. Close on the deal
4. Rehab if needed
5. Rent out the newly renovated space and vacant space
6. Refinance to recapture some of your initial investment
7. Repeat the process
They call it the "BRRRR" strategy around here. But no matter what way you spin it, that strategy is how you scale to larger deals. If he was charging $500 for more detail on this process, that might be a sound investment. But $25,000? Cmon.
I have been flipping houses on the side but looking to replace my W2 as I scale up house flipping from small houses using only my own money to multiple larger deals (700k - 1m) using others' money. Not sure where to start but I've been following Ryan Pineda since about 2019. I know he's the real deal. He's been on BP more and more recently
Has anyone used his FutureFlipper coaching? It's $25,000 for 12 months of coaching, including meet ups where they introduce to private money lenders etc.
Seems crazy but they sort of got me on the "will introduce to private money lenders" part, and "plug and play systems you can put in place to scale".
My gut is slightly skeptical so I'm on here asking.
You could just ask local flippers like myself and others on here and save 25k :)
I have been flipping houses on the side but looking to replace my W2 as I scale up house flipping from small houses using only my own money to multiple larger deals (700k - 1m) using others' money. Not sure where to start but I've been following Ryan Pineda since about 2019. I know he's the real deal. He's been on BP more and more recently
Has anyone used his FutureFlipper coaching? It's $25,000 for 12 months of coaching, including meet ups where they introduce to private money lenders etc.
Seems crazy but they sort of got me on the "will introduce to private money lenders" part, and "plug and play systems you can put in place to scale".
My gut is slightly skeptical so I'm on here asking.
You could just ask local flippers like myself and others on here and save 25k :)
exactly what I've done. lol. Thanks
My only experience with Ryan Pineda has been very negative. He recently came out with a "world's first blockchain NFT for tokenized real estate," (Tykes), hyped it up a ton, and then shortly after launch completely stopped marketing for it. Just 16 months later and he has now basically closed up shop, leaving most investors at a huge loss, while he walks away with a money in his pocket. The worst part is that he took no responsibility for the failed project, claiming it a "success in every sense of the word" and blaming "the market," and "the tykes holders" for not being more active in the discord group. To be honest I am completely disgusted that he has handled his project this way.... And just because of that Id be highly wary of anything he promotes......
$25K is wild! I know less expensive partnerships "courses" with local flippers teaching beginners in the DMV area. I can connect you with them and you can have a conversation with them directly if you'd like. I agree with everyone about the lenders, BP has been a great source in terms of that.
last 25K I dropped for my MBA which was years ago and I dont thing I can do that again :D)))
$25,000 for a coaching program?!! Way too expensive. Network with local investors, flippers and trusted contractors for free.
Ryan Pineda said he flipped couches before. Btw the way I'm starting my own program, flipping cat trees. My cat business partner and I buy cat trees on Amazon for $60 to $80 put them together then charge $5000 for the newly constructed cat tree...hahaha
1. Meet investors in the area(s) you plan to invest. Attend every REI event available within a hour or two of your home.
2. Either spend the time necessary to learn investing (researching online is free) or partner with one of the investors from #1 above and earn a little on each deal until you feel you no longer need a partner.
3. There is private money all around you...you just haven't approached them. Family, friends, co-workers, retiree's, etc. If your past flips were profitable and on budget, if you have a solid crew, and if you're buying homes at 65% (+/-) of ARV, you can put the details of your past flips ( on paper (pdf) or in a short, professional looking video and be prepared to send the pdf or video link to potential private money lenders who you are intentionally seeking out. You're not looking for retiree's that are living on social security, you're looking for retiree's with money that is not working for them in a way they need/want it to.
Paying someone $25K of "introduce" you to people is absurd. I've been flipping, buying/holding, creative financing, etc for 24 years and can tell you that most people who come to me after paying a guru $25K to $50K have been terribly disappointed once their money is gone and they have nothing to show for it. $25K will buy you a lot of marketing.