Lifestyles Unlimited of Texas

Lifestyles Unlimited of Texas

San Antonio, TX · Member since 2012 · 22 posts · 17 votes

I recently found out about a real estate investing mentor group called Lifestyles Unlimited based in Texas and decided to do some research on it. I came across a thread on this forum about the company from 2008 and very few people were involved with them. I figured I'd pose the question again since its 4 years later. Maybe there are some credible members of this forum that are also members of Lifestyles Unlimited who have joined within the last year.

My question is how beneficial is this group? Has anyone on here experienced success in real estate investing from their training? Is it worth the $500 membership?

If there is a recent thread on Lifestyles Unlimited, please link.

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Investor · Plano, TX · Member since 2011 · 84 posts · 45 votes
14y

I joined lifestyles back in 2010 when I was just getting my feet wet in RE and didn't know about biggerpockets. The $500 2-day was educational and I did learn a lot not knowing much going in. At the time I would say $500 was worth it for me, but that's about it.

I'm sure in one of the ten pages of the other lifestyles forum thread it covers this but there's three levels of membership; 1) $500 - you get to attend the 2-day, you get access to their "vendor's list"; 2) $5000 - SFH mentorship where you get emails from their SFH mentors (in-house realtors), access to their online SFH education, SFH roadtrips 3) $10K - MFH mentorship - where you get emails of their multi-family deals, get access to their MFH mentor and MFH education, get to attend their field trips where they tour current memeber MFH deals.

Vendor's list - don't be fooled that just because they're on their vendor's list that you won't have problems. It's hit/miss like angieslist. They have a review system where people put their feedback negative/positive. Most are positive since I think most members are affraid to post anything negative. And in some cases some of the positive reviews are biased since I've had vendor's email me to give them positive feedback before a job was done b/c they were so close in winning "vendor of the month". I've heard to be a vendor it's $500 a month. I've seen vendors come and go as well. On the flip side I have to say that I have met some good contacts and develop good relationships with some of the vendors that I still keep in touch to this day even though I'm not a lifestyle member anymore, but I recommend that you still do your due diligence when you select a vendor from their list. The best vendors/trades people that I've found was not from their vendor's list but from the local meetup RE investment email list, which is FREE!

SFH Mentors - their SFH mentors are in-house realtors. They send email blasts of "deals" they found quoting exact numbers like "$535 cashflow / month, XX% equity capture, etc.", but yet give an approximate on their rehab and purchase price. e.g. 70K purchase price, 12K rehab. i'm pretty sure they don't even do a walk-thru of the property they advertise since it's just an active listing on MLS, which you can find yourself through mls or realtor.com. the emails contains basic info but not the property address so you have to reply back to the mentor that you're interested. they say that they offer the deal to the first the responds, but i have a feeling that doesn't happen all the time. since you're competing against all the other members that respond to the email blast and they can only submit one offer, don't count on the in-house realtors finding you deals-that-they-scrub-off-mls. most members i've talked to find it on their own and submit it to their mentors to write the offers up, if at all.

They offer a product called quest, which offer mls access to run comps for $79/month. i haven't used it but i think there are much more cost effective and creative ways to gain access.

MFH Mentors - in dallas there was only one MFH mentor. all the PIG members pretty much seemed to be fighting for his time. 20,30,40,etc. MFH members and one MFH vendor. you can see how that works.

To some extent when you work with their mentors (SFH/MFH) there's a leap of faith you have to take that the deal their bringing to you and the info they're telling you is legit and you should act now. If you didn't, the mentors move on to the next willing member who could act... now!

A tactic they use for you to sign up for memberships is that "you will earn back your membership fees." Sounds good, but that's just them giving back a cut of the realtor's commission check IF you use their in-house realtors if you can put up with the competition with other members for the realtor's time.

They also have online education for SFH/MFH investing. Education being online recordings of live sessions they recorded out of the houston location. it's pretty boring if you can sit through all of it and you could learn a lot more from BP. IMO I wouldn't say there's a lot of substance in the education for sitting through 60-90 minutes of it.

My opinion - spend the $500 for the 2-day but absolutely don't sign up for any other memberships no matter how convinced/pursuaded you are. If you're willing to spend $5K to use their realtors, you might as well spend $2k and get your RE license yourself. If you're willing to spend $10K you might as well spend the money toward more accredited education like the CCIM for MFH education. Or just spend more time on BP, which cost you NOTHING.

This was my experience, it could be diff in SA/HOU. Mostly negative since I'm still bruised for spending 10K. The grass is not greener after the $500. I was persuaded since I was a newb, eager, and didn't know of other resources like meetup groups and BP.

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  • Developer · Garland, TX · Member since 2008 · 8k+ posts · 4k+ votes
    13y

    Wow, what a review Dean. Thanks for laying out your experience in detail. BiggerPockets is the complete opposite of what you've described. I know some people really want mentoring, but you can get what you need here for no charge.

  • SFR Investor · Lawton, OK · Member since 2012 · 16 posts · 2 votes
    13y

    Dean, thank you for the update. My concerns are verified. BP is a great resource and its free.

  • Don KonipolBusiness Member
    Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
    13y

    Reminds me of the multi level marketing schemes in that the first ones in are successful, their stories are used to sign up a large number of new people, and by the rules of math (too many people chasing too few deals) the majority of late comers can't possibly be successful.

    Private Mortgage Financing Partners, LLC
  • Investor · Houston, TX · Member since 2009 · 40 posts · 9 votes
    13y

    Dean E. Have you taken your complaint to the customer service person in your office? Have you emailed Del your concerns? Feel free to email [email protected] she is over all customer service to address your issues.

  • Rental Property Investor · Manteno, IL · Member since 2009 · 2k+ posts · 2k+ votes
    13y

    I would say that I wouldn't pay 5k for anything. Classes, memberships, anything. And I'd have a real problem if I paid 5k and somebody told me there was a house I couldn't bid on.

    Business is business. You should be able to go to another realtor and put in an offer on it.

    Seems like the value they provide is with the cheaper membership. You get a bunch of networking events, unlimited phone calls for advice, and a list of contractors that have supposedly been vetted.

    I also think you get membership discounts for using their vendors too. Depending on if there really are discounts or not, that would have some value for someone just getting started too.

    One separate thing I'd mention is that you may be looking at the 4k down deals a little wrong. The only way to do those is if you use hard money. Otherwise, every deal you do is going to require that 10 to 20k down depending on the price of the house plus, possibly the rehab costs too.

    If you use hard money, any house can be done for 4k or 5k down provided you can get it at the right LTV/price.

    I think I would send in a complaint and ask for my money back - or at least a refund of the difference from the 5k membership to the $500 membership. They should provide it given how ineffective their help/program has been at finding you deals.

  • TX · Member since 2013 · 5 posts · 9 votes
    13y

    To Natalie: I have complained multiple times to everyone I run into there. I've begged for properties. I have not tried to go over employee's heads and complain to Del. My goal wasn't to find people to whine at, it was to talk to people in positions to address my issues. I shouldn't have to complain to anyone. It's not like buying a TV that breaks so I call customer service who says "oops you got a defective one, we'll send you a new one". You guys know the service you're selling and the service you're actually providing. You know many of the the houses on the road trips are what Del teaches to avoid. You guys know many of those houses require almost $40,000 out of pocket. We didn't need to join LU to find those deals. One road trip had only 2 houses that almost met Del's criteria. When I signed up I thought road trips would show us homes that I couldn't just find on MLS and research myself. I thought you'd cherry pick only the best deals, in one consolidated session. I thought contractors would be there to give us HONEST estimates of repairs (sometimes there's no contractors/inspectors present on road trips). When people ask for the cost of stuff they get ambiguous answers like "$1-4/sqft, you'll have to call me down for a formal estimate to find out..."

    You need to talk with your vendors about how we don't want to hear them sell themselves every time we see them, we want to learn something. Tell them that giving HONEST direct answers will go further with us. Contractors need to give us a price and stick within a close range of it for every member when we call. Of course every guy thinks he's the best, it doesn't need to be said to us 10 times a session. If contractors are going to be represented by LU they need to separate themselves from the hard ball playing swindling tactics of average contractors.

    Do you deny that you're selling people an idea that they can get $42,000 homes, for $4000 down, then resell them for $106,000 with only 18k in repairs? Do you deny that you guys tell people they can get homes for zero down? At one point they said "Now it's rare... its rare, but you can get deals where you come out with MORE cash in pocket than you had before". That's the only deal they admit is rare, until after you sign up, then they tell you you're being unrealistic in today's market. Do you deny that LU isn't getting us deals even close to $4000 out of pocket and 100% cap gains? Do you deny that there is not a single example in the sale presentation of a home that requires 25k down even though thats the average deal presented to us, in the rare event we get a deal presented to us? There may be $4000 deals out there, but it's not as simple as paying LU 5k or calling up a bunch of realtors, asking if they're listing agents and to give you homes before they're on mls. Everyone I talk to acts confused by those questions, they say "If we had a home why wouldn't we put it on mls to market to highest bidder?". Lifestyles advertises that "mentors will walk you through" all of this, so I just called the mentors so they could walk me through finding one of those deals. The mentors seemed to understand where I was coming from with my concerns, were very knowledgeable, open, people who can answer many questions about real estate. They tried to help the best they could, but couldn't answer that question.

    I go to the "workshops" and you guys are STILL trying to sell your memberships to the lower members or guests in the room. Sell sell sell need more members. Everything is a sales pitch for somebody. The problem with this is it seems information is held back as to not give free tips to non members. We paid $5500 for the membership, we spent 40 min driving across town for the meeting in 6:00 traffic, we want direct detailed answers to questions, not motivational speaking by your 1 member (who claims he finds good deals but not where/how), interjected by brief sales pitches. We want to hear of all the unforeseen problems that people run into, and what they learned from it, not just the success stories of people who got lucky. And of course that depends of what you call success. The person who gets up and speaks about the $83k house they bought for 19k out of pocket and fixed up to a theoretical value of $110k isn't remotely the same as the salesman claiming he buys $40,000 homes flipping for $106k. You should be more honest with your sales presentation so we don't have to call you out on this stuff.

    I gave lifestyles the benefit of the doubt, I addressed my concerns with multiple people, multiple times. I gave LU ample time to give the service they claim. I talked with other members to get their opinion. From it all I have put the pieces of the puzzle together that they simply don't have access or resources to offer deals or services they advertise. I believe some of what is taught by LU is an outdated model of real estate. In the past couple years the government has gotten together with the banks to streamline sales of foreclosures and market to a broader audience for higher prices. Laws have been modified, banks no longer have to clear the inventory as fast as possible. The investor market has turned into a feeding frenzy, where the best deals have become much more difficult to acquire than LU lets on. If LU is going to use these deals as sales bait they need to provide a much more detailed walk through of where and how.

    Originally posted by Mike H.:
    I would say that I wouldn't pay 5k for anything. Classes, memberships, anything. And I'd have a real problem if I paid 5k and somebody told me there was a house I couldn't bid on.
    Business is business. You should be able to go to another realtor and put in an offer on it.

    To Mike H., They don't tell you you can't bid on a particular house. In order to stop LU members from competing with each other they prevent you from bidding on a house with one of their realtors if another member wanted it first. Thats all fine with me. The problem is when they then make snarky comments to groups of people saying "ONE of our member went behind us with another realtor to buy it out from under us". Even though that happens, they shouldn't just assume every time it does that people were up to a sinister plot to use them to find a house then use another realtor to buy it out from under them. Most cases it's not. They need to point the finger at themselves and realize it wouldn't happen at all if they were finding their members deals which they claim are swarming the market. People stop using LU realtors out of frustration.

    Seems like the value they provide is with the cheaper membership. You get a bunch of networking events, unlimited phone calls for advice, and a list of contractors that have supposedly been vetted.

    I agree with this part. I can't comment on whether their vetted contractors are better than what you can find on your own, but it is definitely more comforting. Their website does provide videos, and documents that all around amounts to a good starter kit. The whole thing could probably fit on a single DVD rom and be sold in a guru mail package. It does have some tips value, the main reason I joined though was for their realtors supposed ability to seek out deals that I couldn't. Maybe they treat their people that pay $10,000 better. Some of the people that I've talked to in that level have said they're making 10% return on their non-lead investment/yr. Thats what I was making in the stock market when I wasn't trying to make money, and LU has a whole lesson on how worthless the stock market is (which made 16% in the past year if you had just put your money in and done nothing). On a good note, Del is a great entertainer/comedian who does good personification of dead beat renters in his class.

    I also think you get membership discounts for using their vendors too. Depending on if there really are discounts or not, that would have some value for someone just getting started too.

    This would be beneficial. Some contractors etc claim they give LU members a 5-10% discount. This is just hear say to me, there's no way I can think of to check what their normal prices are considering how wishy washy contractors tend to be with price quotes from one day to the next from one person to the next. LU claims they can get us wholesale prices on various appliances, I trust they actually do. They say that through their vendors we can get AC units for an average house for $600. I can't verify whether thats true or another exaggeration because I haven't needed an AC unit.
    One separate thing I'd mention is that you may be looking at the 4k down deals a little wrong. The only way to do those is if you use hard money. Otherwise, every deal you do is going to require that 10 to 20k down depending on the price of the house plus, possibly the rehab costs too.
    If you use hard money, any house can be done for 4k or 5k down provided you can get it at the right LTV/price.

    They teach us about hard money, they recommend we use it on most our deals. They have a software program they call Quest which their realtors use to evaluate properties. Members can use it if they want to pay $70/mon extra. You plug in the MLS number and it brings up local sales comps, compares data, and calculates what you should pay for certain cap gains, and how much hard money financing is needed. The best they're coming up with is hard money financing with 20k-35k down on the very few homes they find. It's about the same as their conventional loan calculation. Im not saying it's like that with every house... and our hard money lenders wont lend if our plan is to go into a neighborhood of mostly older renter quality homes and throw money at granite counters, crown molding, tile floor, and updated everything. There are some homes I look at and think this would be a good update candidate, but most just look like such poorly constructed/quality I can't see the point in trying to put a mask on it. I am in the process of researching other ways of finding homes, which many of you probably already know about. My knowledge level is probably at the 102 level, and once I get some experience under my belt maybe I get to 121 level.

  • Rental Property Investor · Manteno, IL · Member since 2009 · 2k+ posts · 2k+ votes
    13y

    If you have to put down 25 to 30k, then you don't need hard money. You can do that with any bank on the planet.

    But are you sure you're going to the right hard money lenders over there? I actually looked into buying in texas a couple years back. And, from what I remember, there were at least two hard money lenders that would let you roll the purchase and the rehab into the loan provided the ARV came in at 65% or better.

    I think the only thing you needed to come up with out of pocket was closing costs.

    Maybe they've changed but I can't imagine not being able to at least limit yourself to 10% down (so 6 or 7k).

    There's no way you should even consider a hard money lender thats having you put down 30k for a 70 to 75k loan. That doesn't make sense.

    Maybe the hard money thing is relatively new concept. Have you tried calling a couple over there and asking them to explain their loan programs and what kind of discount you'd need to find on a deal to do it with 5k or even 10k down.

    But it can be done. Try the HUD site. Some pretty good discounts can be had there if you learn the pricing routine they follow. Just a suggestion.

  • Investor · Houston, TX · Member since 2009 · 40 posts · 9 votes
    13y

    Dean E I can not find you in the system as a member. Can you email me

  • Investor · Houston, TX · Member since 2009 · 40 posts · 9 votes
    13y

    Dean E we still have not heard back from you? We do not show you as a member. We would like to address your concerns and see what and where we can improve. Can you please contact the Houston office? I know you have concerns because you brought them here to a public forum. Now please allow us to address your concerns.

  • SFR Investor · Dallas, TX · Member since 2011 · 604 posts · 243 votes
    13y

    I have been a Lifestyles member for about 3 years, been on these boards for a couple of years,, I don't work for Lifestyles, but I firmly believe in the program.

    They don't teach you how to 'get rich quick', they don't teach you anything someone with 20+ years in real estate investing couldn't tell you,,but they have all that, including unlimited phone calls to ask questions, for $500 a year first year, and $250 a year after (and usuallly you can extend your membership when a sale is going on)

    No "magic' in what they teach, just good investing knowledge from years of investing experience.

  • Investor · Plano, TX · Member since 2011 · 84 posts · 45 votes
    13y

    Andy Collins I don't think the majority of the complaints are for the $500 level membership. I've personally learned a lot from the 2-day.

    I think most of the complaints are the $5K SFH mentorship and $10K MF mentorship and how it doesn't meet up to expectations or at least offer the level mentorship that they advertise in the 2-day.

    If I could rewind I would have stayed with the $500 level.

  • Investor · Plano, TX · Member since 2011 · 84 posts · 45 votes
    13y

    I came across an article awhile ago, which really struck an accord.

    http://www.biggerpockets.com/renewsblog/2011/04/04/real-estate-guru-scam-trap/

    No doubt, there may have been really successful investors as a result of the Lifestyle mentorship. But I believe that those investors would have been successful either way.

  • Glen Allen, VA · Member since 2013 · 134 posts · 23 votes
    13y

    I knew it was too good to be true. I KNEW it!

  • Investor · Houston, TX · Member since 2009 · 40 posts · 9 votes
    13y

    @Brian Stone you get out of us what you put into it. I will say our members have won the National Apartment Association owner of the year since 2006. We have also won our local apartment association independent owner of the year. I find it funny how people over look the fact that we have been in business around for 21 years. We also have helped thousands of people change their life with real estate. No we don't have secrets, yes we help people move quicker with consolidated information. I do find it funny how people want to take a few negative comments and run with them. I will also say i guess for some it is easier to complain on a public forum than actually address your concerns with the people who can help. We are a great fit for many but definitely not for everyone. So when in doubt check it out for your self and go from there. Make an educated decision based on all of the information and move forward from there. We hands down believe that real estate is the best wealth building tool out there. So get out and take action what ever you end up doing.

  • Commercial Real Estate Lender / Syndicator · Dallas, TX · Member since 2011 · 888 posts · 309 votes
    13y

    Natalie - since joining BP in June of 2009 you have posted 18 times in 2 threads, both of which are Lifestyles specific. Your first post said you like or love helping people and giving back, but I don't see where you've done that on this site. I've only seen you defend / talk up LF. How about using your next 18 posts to answer questions (in something other than LF threads).

  • Investor · Houston, TX · Member since 2009 · 40 posts · 9 votes
    13y

    @Carlos F - I am working for the members of Lifestyles Unlimited. I help them plus those I speak with through facebook and other areas. Do you have a question that you need help with? And yes I defend what I believe in. Lifestyles changed my life and thousands of others. I also find it ironic how many negative people are out there that dont know a thing about Lifestyles but assume and attack. Just like Josh Dorkin posting on every positive lifestyles post be careful it is probably an employee but the minute a negative new person post its accepted. no disclaimer it could be some one else trying to sabotage or maybe the person isnt taking action or ownership of what they do. I do answer questions when people inbox me or ask. Happy investing to all.

  • Residential Real Estate Agent · Lake Dallas, TX · Member since 2013 · 41 posts · 18 votes
    13y

    they have a software program that they charge $80 a month for called quest. it works pretty well but if you're in dallas, fort worth, san antonio houston or atlanta you can also use www.InvestorBlock.com and it's 100% free.

  • Joshua D.Pro Member
    BiggerPockets Founder · HI · Member since 2008 · 16k+ posts · 5k+ votes
    13y
    Originally posted by Natalie Pilkinton:
    I also find it ironic how many negative people are out there that dont know a thing about Lifestyles but assume and attack. Just like Josh Dorkin posting on every positive lifestyles post be careful it is probably an employee but the minute a negative new person post its accepted. no disclaimer it could be some one else trying to sabotage or maybe the person isnt taking action or ownership of what they do. I do answer questions when people inbox me or ask. Happy investing to all.

    Natalie - You're picking a fight with the wrong dog here. On ANY thread where users ask about a company and we see unusual activity -- in particular, users with one post coming in to praise a company, and in many cases, originating from the same IP -- we come in to warn our users to be careful. Shilling is something that is common here and every other site online -- we don't accuse you of sending shills, but ask our users to do their diligence when listening to any claim.

    This has NOTHING to do with your company. Our job is to make people aware of tactics used online by companies. If you can find an instance where I tell people to stay away from your company, please point it out to me.

    Otherwise, I'd prefer that you keep me out of your disagreement here.

    Carlos called you out for claiming that you were here to engage and be a part of our community, and as he demonstrated above, you haven't. No one is forcing you to -- he was just calling you out on your own claim.

    But please -- don't try and drag me into your argument here.

  • Commercial Real Estate Lender / Syndicator · Dallas, TX · Member since 2011 · 888 posts · 309 votes
    13y

    No argument here. Just made a point.

  • Investor · Houston, TX · Member since 2009 · 40 posts · 9 votes
    13y

    Its an observation about Josh go back and read the threads. I think this forum is great. It has a lot of great information. I am pointing out what I have noticed. So there is no fight.

    I am passionate about real estate and helping members you will find that at lifestyles with all of our members in all the markets. Its a lot easier for people to post negative over and over again and its frustrating when you are changing peoples lives with the information on real estate you give. Its sad when people turn away from something that could be life changing for them because of information they read in a blog with out checking it out for themselves. We have hundreds of hours on podcast free information out there. What is important is people get accurate information so they change their life.

    I don't have to be completely engaged in bigger pockets to care about members and real estate. I like bigger pockets because it is a great forum.

    To all a good day i must go back to helping members with our grand expo on Feb 23rd at the George R Brown in Houston

    As always happy investing to all.

  • Joshua D.Pro Member
    BiggerPockets Founder · HI · Member since 2008 · 16k+ posts · 5k+ votes
    13y

    Natalie Pilkinton - I don't need to read the threads. I'm fully aware every time I post here on the community, and as you know, I've NEVER told anyone to stay away from your company -- I don't know enough about you to make that assessment. As for comments to our members to be wary of one time posters who - register, talk highly of a company, and then leave - as I already said, we do this ANYTIME I see unusual activity.

    I'm glad you like the site. That said, if you want to plug your event, please do so in the appropriate venue here on the site -- our Marketplace. Thanks for the understanding.

  • Investor · Houston, TX · Member since 2009 · 40 posts · 9 votes
    13y

    Joshua Dorkin - Great idea. Thanks I will do that now.

  • TX · Member since 2013 · 5 posts · 9 votes
    13y
    Originally posted by Mike H.:

    But are you sure you're going to the right hard money lenders over there?

    Thank you for your input Mike.
    I'm trying different hard money lenders. I've now got one that will loan me 80% based on my credit. It's still requiring me to put about 10k down on a home I'm paying 80k for. But thats the best deal I've been presented with yet!

    I actually looked into buying in texas a couple years back. And, from what I remember, there were at least two hard money lenders that would let you roll the purchase and the rehab into the loan provided the ARV came in at 65% or better.

    Yeah many will do that. The issue isn't with the hard money lenders so much, it's with the market turning into a casino more and more.... and the fact that I was looking to lifestyles to provide me with ALL my deals. I really wanted Lifestyles to be the ones to get my deals because I'd heard of all kinds of housing scams in the past. I was scared something would go wrong and I thought the homes I got through them would have their realtor's seal of approval, and I'd be walked through the process knowing what kinds of things to watch out for. Unfortunately I gave them every chance to live up to their own hype, and they didn't even have the courtesy to get back to me most of the time, much less get me a house. So I'm taking the just-jump-in and learn to swim method. In other words, Lifestyles never presented me with a deal requiring less than about 20k out of pocket, and my understanding of real-estate is based on what I know through them. But I'm learning more all the time.

    Maybe they've changed but I can't imagine not being able to at least limit yourself to 10% down (so 6 or 7k).

    The lenders may not have changed but the steep discounts have. They're becoming rarer and rare all the time. Even many of the wholesalers in the area are starting to cater to the casino attitude of the market and placing their homes on mls for 35k just to start a feeding frenzy and take highest bidders. I'm having a hard time just finding wholesalers that set a price and sell it to first responder. They mostly want to see it bid up like ebay.

    There's no way you should even consider a hard money lender thats having you put down 30k for a 70 to 75k loan. That doesn't make sense.

    I think there was a misunderstanding. That is one of the extreme cases, the houses that required 30k down were over a 100k... it's not fresh in my memory anymore though. The thing I remember from it all was those homes didn't fit the profile of what Dell told us to look for, and other members were questioning it as well. Few could afford that, and Lifestyle had said we didn't really need any money for real-estate.
  • TX · Member since 2013 · 5 posts · 9 votes
    13y
    Originally posted by Natalie Pilkinton:
    Dean E we still have not heard back from you? We do not show you as a member. We would like to address your concerns and see what and where we can improve. Can you please contact the Houston office? I know you have concerns because you brought them here to a public forum. Now please allow us to address your concerns.

    I allowed your company to address my concerns when I complained to the mentors and realtors over and over and over again. Why would you guys be willing to address them now but not then?

    I do not want you to know who I am. It's not like you guys will forgive me for writing this review. There are many nice people who I like, working for Lifestyles. To some extent I think your salesmen, mentors and realtors aren't on the same page as to the service your company advertises. Because of this, I did not write this review lightly. I did not want to through everyone under the bus under the umbrella of Lifestyles Unlimited inc. This does not excuse the company as a whole though. My review was based on the net value of your services. It took me a long time of pushing and pushing and trying every angle in hope that if I gave it time it would work.

    If theres anything you think I wrote that is unfair, construed, incorrect, or exaggerated feel free to call me out. I won't be offended. I won't spend much time (if any) arguing about it. I already said what I have to say. I made accusations and I believe everyone has a right to defend themselves.


    I will also say i guess for some it is easier to complain on a public forum than actually address your concerns with the people who can help.

    As I said in a previous post, I already gave you guys multiple chances to address my concerns long before I came here. It's too late for me... But I will give you the opportunity to address my concerns with your other members. If you really want to address them here's how you can do it: Tell your salesmen to stop selling people on the idea that they can get houses for 44,000 with only 3-4k out of pocket and then flip them after a 18k rehab for hundred percent capital gains. Tell the salesmen to stop telling people they don't need any money because "money is where it is now", in a credit cash advance or 401k. Make sure to let potential customers know that you're realtors wont find them homes with 4k down 100% cap gains like in the examples. Instead sell us based on examples that reflect MODERN market conditions.

    ...or start fulfilling the promises you made. Get us some of those great deals, then I'll come here and tell everyone how lifestyles changed the way they do business. Go out and get ALL your members those deals you advertise and the message will be out about how great a company it is.


    I do answer questions when people inbox me or ask.

    In that case, here's your chance to call me out: I think everyone would like to know...

    Is it true your salesmen advertise with 4-5k down, $40,000 homes for near 100% cap gains with only 18k rehab? ( Of course I already know the answer I just want to see what you will say since you're writing me off as just some new member trying to sabotage; This is really the only site I've reviewed yall on)

    And the number one question of all that everyone here would like to know... How many members in the past year have you found deals for that were in the categories of being less than $80,000 and 4k, 5k, 7k, 8k, 10k, 11k, 12k, 13k, 14k, or 15k down? I was willing to put up to 20,000 down and your realtors never got back with me... Well one did, once, he said the deals I was looking for weren't out there and I needed to lower my standards a bit.


    ...because of information they read in a blog with out checking it out for themselves.

    How would people check out the road trips and realty service for themselves without paying to join? All anyone has to go on is what people who've joined can say in a review of the product.

    Its a lot easier for people to post negative over and over again and its frustrating when you are changing peoples lives with the information on real estate you give. Its sad when people turn away from something that could be life changing for them because of information they read in a blog with out checking it out for themselves.

    Um.. It's not that frustrating really... It's just a review. That's how they work. Just like on amazon reviews, you go to a product, some people complain others think it's great. Once you get multiple reviews you have statistical significance and can decide based on the ratio of 1 stars to 5 stars. Generally there's more positive reviews than negative because businesses get all their friends, family, employees to write great reviews for them. There's even companies that specialize in writing fake positive reviews for hire, but it's easy to learn how to spot it. If your company is so great people will write rave reviews about it, and others will see it and join. If " I'm just not taking action or ownership of what I do ", then you have nothing to worry about. Good business speaks for itself.

    I don't doubt that you've changed the lives of people in the past. I don't doubt that you do it now. But I think it's pretty rare now days. The 1 prodigy that gives all the talks of how successful he is (without explaining how), had dual income and was well off before he came to lifestyles, so the risk wasn't as great for him.

    PS something just doesn't look right with the text consistency on my screen

  • Don KonipolBusiness Member
    Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
    13y

    Dean E., you hit the nail on the head. It's not that LU doesn't provide real mentoring, they do. It's not that they don't give good advise, they do. It's just that they are a SALES organization first - so they over promise and under deliver.

    We have all reached the point that we judge service providers more harshly than we used to. Years ago if a service provider didn't "steal you blind" that was good enough. We now expect the service provider's number one priority to be providing great service - not making a sale. Just paying lip service to being dedicated to great service doesn't cut it.

    Private Mortgage Financing Partners, LLC
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