Hey All,
I am thinking of signing up for Ryan Pinedas mastermind rookie program. It sounds like its mostly wholesaling and flipping. Its pretty expensive about $8000 up front for a full year. I was wondering if anyone has gone through it and have any suggestions. I don't want to spend that kind of money to find out that its something where they just throw a lot of information your way and don't really mentor you through the process. Thanks.
Paul
Calling someone dumb while at the same time not being able to use a simple forum post several times isn't a good look. Then when you figure out how the "Post Reply" button works, your comment is full of grammatical and punctuation errors. Maybe next time try to be less of an a hole...
no need to keep repeating yourself. Calling me dumb once was enough.
I think it's better to try and fail and try again than to pay to wholesaler/flipper gurus a lump sum when there are plenty of informative youtube videos, articles, and books that could teach you basically the same things. Plus, you've got the BIggerPockets community to help you out when you get stuck somewhere. Good luck in your endeavors!- KR
I just saw him speak at an event recently. He is a real deal investor, but he spoke more on personal branding than real estate. I would say stay away from any expensive mastermind groups unless there are actual networking events and you are desperate to leave your W2 to become a wholesaler/flipper because thats his focus. Being in the right rooms is money well spent, but 8k ain't cheap. Best of luck!
-Skylar
Calling someone dumb while at the same time not being able to use a simple forum post several times isn't a good look. Then when you figure out how the "Post Reply" button works, your comment is full of grammatical and punctuation errors. Maybe next time try to be less of an a hole...
The only people I have ever seen on this board get good things out of gurus/masterminds/etc. are people who already have a fair amount of capital and understanding of finance, and feel its an affordable expense that will help them transition to this new arena. My bias is against it and in a big way, but you can find posted examples of people finding it useful.
i have never heard of a newbie and/or person with limited funds do well out of any of these things...you may hear differently just speaking from personal observation.
You could take $1000 of that money and buy a lot of successful investors coffee and lunch and ask them to tell stories. Guaranteed that would be a good return on investment. You will start hearing patterns, pick up all kinds of vocabulary and get a really good sense of the real world. Good luck.
thank you all or your feedback. That as truly helpful. It looks like I am not going to go through with the program but stick to the bigger pockets forums and continue to work with people who have had some success in my area. These posts were very helpful!
thank you all or your feedback. That as truly helpful. It looks like I am not going to go through with the program but stick to the bigger pockets forums and continue to work with people who have had some success in my area. These posts were very helpful!
There is a underlining fear of missing out by not joining certain events, trainings, masterminds, or coaching. The presentations typically are much better than the actual training. The reason why I know this is because I have spent a fortune over the years. More so on my beginning years and the training really did not help, but I did not know that going in.
There was an exception of course I had a gentleman that did some phone coaching for about 12 weeks they gave me contracts, lease option agreements and was into creative finance.
@Paul Mossa
I haven’t taken this courses but I have spent thousands of dollars on real estate education.
My 2 cents is, everyone learns differently. Do what is right for you. The only time I speak “against” any course (no matter how much they cost) is if you have already purchased courses and you believe this is the next best thing that will give you the “right” answer. If you have already spent money on other courses about wholesaling and flipping my suggest is to not buy another course and just take action.
Good luck!
I needed to hear that more then you know
Calling someone dumb while at the same time not being able to use a simple forum post several times isn't a good look. Then when you figure out how the "Post Reply" button works, your comment is full of grammatical and punctuation errors. Maybe next time try to be less of an a hole...
I appreciate this post. But to chime in, I've read books and listened to podcasts and watched videos in regards to real estate and all of them were low cost and easily available. However I think the best teacher so far was going to investor meet ups and talking to folks and asking those questions that are boggling your mind. The ones here in Chicago that I attend are free and I'm sure they have free meet ups in most other places. On top of that I started to interact with people in the life and a simple dinner or grabbing a drink will be a course in itself. Many ways to learn without having to shell out thousands of dollars imo.
@Paul Mossa full disclosure, I don't know anything about his program. It may be full of great content. I own and manage 114 apartment units, and less than a year ago I went down the rabbit trail of following one of the apartment gurus. I got to the "final interview" where you are pitched a course. It was like 25k or something like that, and I ended up passing. What I realized, was that I already knew pretty much everything they were pitching. It is still alluring to think there is a secret if you just pay to get in, but I wouldn't do it.
Why not find someone locally who is flipping and offer to partner? Maybe be boots on the ground, help manage contractors, pick up supplies at home depot, etc? Flipping is relatively simple (not easy). Wholesaling is even harder than flipping and potentially less lucrative. Both topics have endless amounts of free content explaining how to do them.
It sounds quite tempting to join those programs. When I first started getting interested in real estate, I was thrown so many opportunities to learn "and build wealth fast". I was definitely lured into a couple of events but didn't go through with any of the programs. A part of me knew that I could easily learn things online and continue to network with others to build my knowledge. I know quite a few investors that joined those programs years ago and majority of them didn't think it paid off for them. But wish you the best of luck!
What do you do when you want to become a doctor?
You go to school, you get education.
What do you do when you want to fly a plane?
You get education.
What do you do when you want a fast track to success ... you consider education.
There is nothing wrong with buying courses.. it just depends on what kind of courses you buy.
So if you feel that this can help you getting successful dude go for it.
Did you know I also bought a course?
I am good at what I do, lead generation and seo..
But I SUCK at running a business. I bought a $6K course how to run a business, and within one month we did 6 figures in profits. If I had not bought this course I would be NO WHERE!
So go do you my man! Go fly high and leave all the nay-sayers behind.
@Paul Mossa full disclosure, I don't know anything about his program. It may be full of great content. I own and manage 114 apartment units, and less than a year ago I went down the rabbit trail of following one of the apartment gurus. I got to the "final interview" where you are pitched a course. It was like 25k or something like that, and I ended up passing. What I realized, was that I already knew pretty much everything they were pitching. It is still alluring to think there is a secret if you just pay to get in, but I wouldn't do it.
Why not find someone locally who is flipping and offer to partner? Maybe be boots on the ground, help manage contractors, pick up supplies at home depot, etc? Flipping is relatively simple (not easy). Wholesaling is even harder than flipping and potentially less lucrative. Both topics have endless amounts of free content explaining how to do them.
no need to keep repeating yourself. Calling me dumb once was enough.
You are wrong.
Calling you dumb once is not "enough". That was once too often!
I bet he wouldn't have done that in person. Behind a computer he is all macho!
I can't believe how Dumb you are considering pay $8k to some fake real
Dude, you are wreaking havoc on these forums, but man.... being rude and insulting like that is not going to get you where you think you are getting. You are not starting a "movement" as you once said elsewhere. You are only showing people you are childish and barbaric.
I am against DMM and lists, with a passion, but I try to educate people so they see what I see. I don't try to get my point across by belittling, insulting and being so crude.
There is a better and smarter way to get your point across. This message is not to insult you.. it is to enlighten you.
Hard to believe anyone as successful as you claim to be, would be acting like that!
Hope you see this one day, sooner than later. You will get yourself banned here on BP, and worse, you will lose all credibility as an investor.
I can't believe how Dumb you are considering pay $8k to some fake real
Dude, you are wreaking havoc on these forums, but man.... being rude and insulting like that is not going to get you where you think you are getting. You are not starting a "movement" as you once said elsewhere. You are only showing people you are childish and barbaric.
I am against DMM and lists, with a passion, but I try to educate people so they see what I see. I don't try to get my point across by belittling, insulting and being so crude.
There is a better and smarter way to get your point across. This message is not to insult you.. it is to enlighten you.
Hard to believe anyone as successful as you claim to be, would be acting like that!
Hope you see this one day, sooner than later. You will get yourself banned here on BP, and worse, you will lose all credibility as an investor.
dudes a clown. not even worth the effort
I can't believe how Dumb you are considering pay $8k to some fake real
Dude, you are wreaking havoc on these forums, but man.... being rude and insulting like that is not going to get you where you think you are getting. You are not starting a "movement" as you once said elsewhere. You are only showing people you are childish and barbaric.
I am against DMM and lists, with a passion, but I try to educate people so they see what I see. I don't try to get my point across by belittling, insulting and being so crude.
There is a better and smarter way to get your point across. This message is not to insult you.. it is to enlighten you.
Hard to believe anyone as successful as you claim to be, would be acting like that!
Hope you see this one day, sooner than later. You will get yourself banned here on BP, and worse, you will lose all credibility as an investor.
I think you showed @Account Closed how to be the most virtuous RE investor in the world, congratulations!
FYI, most highly successful RE investors I know talk exactly like that, if they know you and are comfortable enough with you. Sometimes, tough love looks and feels ugly, but it can be extremely motivating dose of reality that either makes you quit or motivates you to get stronger, faster, and smarter. If you can't be called names and either defend your position or take the criticism with a grain of salt and keep it moving, RE is probably not the best business for you.
Also, you basically did the same thing, or worse(insulting @Account Closed) in a more long and drawn out way by questioning his success and knowledge, calling him several names, and offering to "enlighten" him without actually offering any techniques for enlightenment, just blathering on about how bad he is and implying how great and virtuous you are for butting in and defending some strangers honor and upholding the highest levels of civil discourse. Hell, at one point it sounded like you were trying to call him out for a fight because you think he's some keyboard tough guy, you would show him who is tough, etc, etc, etc.
But it was fun to read the thread and offer my 2c, so thanks for fun!
I can't believe how Dumb you are considering pay $8k to some fake real
Dude, you are wreaking havoc on these forums, but man.... being rude and insulting like that is not going to get you where you think you are getting. You are not starting a "movement" as you once said elsewhere. You are only showing people you are childish and barbaric.
I am against DMM and lists, with a passion, but I try to educate people so they see what I see. I don't try to get my point across by belittling, insulting and being so crude.
There is a better and smarter way to get your point across. This message is not to insult you.. it is to enlighten you.
Hard to believe anyone as successful as you claim to be, would be acting like that!
Hope you see this one day, sooner than later. You will get yourself banned here on BP, and worse, you will lose all credibility as an investor.
I think you showed @Account Closed how to be the most virtuous RE investor in the world, congratulations!
FYI, most highly successful RE investors I know talk exactly like that, if they know you and are comfortable enough with you. Sometimes, tough love looks and feels ugly, but it can be extremely motivating dose of reality that either makes you quit or motivates you to get stronger, faster, and smarter. If you can't be called names and either defend your position or take the criticism with a grain of salt and keep it moving, RE is probably not the best business for you.
Also, you basically did the same thing, or worse(insulting @Account Closed) in a more long and drawn out way by questioning his success and knowledge, calling him several names, and offering to "enlighten" him without actually offering any techniques for enlightenment, just blathering on about how bad he is and implying how great and virtuous you are for butting in and defending some strangers honor and upholding the highest levels of civil discourse. Hell, at one point it sounded like you were trying to call him out for a fight because you think he's some keyboard tough guy, you would show him who is tough, etc, etc, etc.
But it was fun to read the thread and offer my 2c, so thanks for fun!
Not coming to Mr. Ransom's defense as he is new on the forums and I know it took me a year or more to figure out how to use this website us old guys did not grow up with computers.. However from his first post on his distaste for being spammed by wholesalers we went back and forth on that thread into the tulles and we both worked in the same area at basically the same time ( which I suspect was before 80% of BP members were born LOL) and he knew the players of the day so to me it verified his past experiences. I have seen some of the top most respected members of BP call others dumb or their ideas dumb on open forum so its not unique to him.
I can't believe how Dumb you are considering pay $8k to some fake real
Dude, you are wreaking havoc on these forums, but man.... being rude and insulting like that is not going to get you where you think you are getting. You are not starting a "movement" as you once said elsewhere. You are only showing people you are childish and barbaric.
I am against DMM and lists, with a passion, but I try to educate people so they see what I see. I don't try to get my point across by belittling, insulting and being so crude.
There is a better and smarter way to get your point across. This message is not to insult you.. it is to enlighten you.
Hard to believe anyone as successful as you claim to be, would be acting like that!
Hope you see this one day, sooner than later. You will get yourself banned here on BP, and worse, you will lose all credibility as an investor.
I think you showed @Account Closed how to be the most virtuous RE investor in the world, congratulations!
FYI, most highly successful RE investors I know talk exactly like that, if they know you and are comfortable enough with you. Sometimes, tough love looks and feels ugly, but it can be extremely motivating dose of reality that either makes you quit or motivates you to get stronger, faster, and smarter. If you can't be called names and either defend your position or take the criticism with a grain of salt and keep it moving, RE is probably not the best business for you.
Also, you basically did the same thing, or worse(insulting @Account Closed) in a more long and drawn out way by questioning his success and knowledge, calling him several names, and offering to "enlighten" him without actually offering any techniques for enlightenment, just blathering on about how bad he is and implying how great and virtuous you are for butting in and defending some strangers honor and upholding the highest levels of civil discourse. Hell, at one point it sounded like you were trying to call him out for a fight because you think he's some keyboard tough guy, you would show him who is tough, etc, etc, etc.
But it was fun to read the thread and offer my 2c, so thanks for fun!
Not coming to Mr. Ransom's defense as he is new on the forums and I know it took me a year or more to figure out how to use this website us old guys did not grow up with computers.. However from his first post on his distaste for being spammed by wholesalers we went back and forth on that thread into the tulles and we both worked in the same area at basically the same time ( which I suspect was before 80% of BP members were born LOL) and he knew the players of the day so to me it verified his past experiences. I have seen some of the top most respected members of BP call others dumb or their ideas dumb on open forum so its not unique to him.
That's great and all but the dude has still provided zero meaningful input and does nothing but spam multiple posts in a row about how dumb everyone is and how he's the greatest thing to ever happen to real estate investing
In general a lot of people just use the wholesaling forum to troll and never provide anything of value
To answer the OP, I don't think you will learn anything that you can't find out yourself but it's all about what works for you. If you think buying this course will help get you into the game then go for it. I probably wouldn't but everyone is different
99% of the time...
Wholesaleing and guru courses is like merging two types of roaches into one super roach....with those odds, is it really smart to willy-nilly try every course that has effective marketing?
Of course, I know that only the 1% that are effective and successful and ethical post in these forums or all social media.
Best of luck!
My husband enrolled in this program. It’s a fxcking home wrecker.
First of all, the $8,000 is a rip off. On the sales call, the sales person pressures my husband to buy the program without talking to me.
Secondly, the guidelines are bxllshit. It might work in some area of the country, but it’s not going to work to low ball every single house you see in the San Francisco Bay Area. You Fxcking crazy?
Third, they pushed him to buy device from a tax person asking for $600!!!! He made $0!!! It’s all my W2 money for this whole year and I had a baby and had to support the big xss grown up baby. He made $0 in this business and had to pay $600 to file tax!!!!
I hope other people with some brain will try their best to avoid these sales group. Nobody gets rich overnight. Whoever tries to tell you that they are taking great vacations making big bucks from these things, they are making their big bucks out of your tuition money, and frankly your ignorance.
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......