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Updated about 10 years ago on . Most recent reply

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Ilona Kovacs
  • Private Lender
  • Port Chester, NY
19
Votes |
106
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Rich Dad Coaching- anyone done it here?

Ilona Kovacs
  • Private Lender
  • Port Chester, NY
Posted

Hello!

We just attended the 3 day Rich Dad real estate seminar.

We, thankfully, did not sign up for the "elite/mentor" courses or anything at all, for that matter. It was just way too much money.

We did however, learn quite a lot for the $299 we spent.

However... there seem to be warring factions between the "elite/mentor" and the rich dad coaching. 

The coaching part seems interesting though because... they promise you 1 deal in the agreement and they coach you for 18 months. It has peaked our interest, why? although there are tons of books and I have been looking around here and reading, reading, reading.. I am finding that it is sooo much to wade through that I need to find a way to focus.

I am curious to find out if anyone has signed up for the coaching and not the elite/mentor training?

Thanks!

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Andrew Davis
  • Investor
  • Asheville, NC
499
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833
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Andrew Davis
  • Investor
  • Asheville, NC
Replied

Hey @Ilona Kovacs 

You will find a lot of different opinions on coaching in general on Bigger Pockets.

There has already been much discussion about Rich Dad specifically on the site:

http://www.biggerpockets.com/search?utf8=%E2%9C%93...

I personally would stay away from it, and do this instead:

-Join your local Real Estate Investors Association ($150)

-Listen to the podcasts, from episode 1 til current, they are an amazing education in and of themselves ($Free)

-Get active on the forums and set up keyword alerts for the areas your interested in.

http://www.biggerpockets.com/renewsblog/2012/12/19...

http://www.biggerpockets.com/renewsblog/2014/08/27...

-Reach out to BP members in your area, offer to buy them lunch and pick their brains ($100)

-Locate an investor focused RE agent in your area and start touring properties with him/her.

-Read the BP guides

http://www.biggerpockets.com/real-estate-investing

and @Brandon Turner and @J Scott 's books ($60 or so)

There is NOTHING they will teach you that you can't learn yourself.

Hope that helps and I wish you great success:) 

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