What topic are you interested in learning more about? What are you looking to gain from a course that you cannot find in a free resource?
As stated in the article, I would not recommend any paid course until you have made money off of the free subscription.
When I started out (just 3 years ago) I paid for courses that provided little value, high intro fees, and very few connections. I'd definitely start utilizing free resources like: podcasts, online forums, and attending your local real estate meetup to build your network.
Like I state in the article: Do not upgrade to anything extra if you have made no money in the “free” service. If you have made no money in a free program, why would you make money in the advanced program?
I have found tremendous value here at BiggerPockets, before I was an employee, currently as an employee, and cannot recommend their services enough. I always bounce a similar question back when I hear "what resources would I recommend?"
My question to you is: what are you looking for in a course that you cannot find on a free podcast, forum, local meetup, or a small fee for a book on the RE topic that you are seeking additional information?
Excellent article, long overdue, and understated. It should be pinned on the BP frontpage. My 2¢: 1. Courses above the $1K mark lose value exponentially the higher the cost. And I'm not taking memberships and guruships - any of those above $2K have 90% chance of being scams. 2. If you are not ready (with time and money) for massive action, do not spend the money. There is more free information with actionable intel on BP, books and the internet than you can digest. 3. If you are not convinced, nor there is some guarantee (like profit participation, or partnering, or money back guarantee) of the guruship having a 10x ROI on the cost of the course/membership, do not spend the money. Unless have too much of it burning a hole in your pockets. 4. Don't spend your last money on a course/membership - if you don't have 5-10X the cost of the course/membership in additional reserves to invest and take action on what you learn, don't do it.
8. they confuse net income/net profit with cash flow. two entirely different financial statements. accounting 101. 9. they claim capitalization rate is a ROI metric. it isn't. all ROI calculations use cash flows. capitalization rate is a metric that measures an assets ability to generate NOI as a function of the price. 10. they can't explain IRR, NPV, differences, and similarities. business school finance 101. 11. anything called "master mind" wants your money. 12. tell you to walk on fire at the end of the "master mind". physics - impossible to walk on fire. it is possible to walk on hot coals.
