Wholesale Inc. Training Course (5k) - Is is worth it?

13 Replies

I want to get started with wholesaling properties in PA.  Should I take Wholesale Inc. 5k / 90 day class?  Does anyone have same contracts used by wholesalers?  I would assume I need two contracts 1) for the original selling 2) the contract to reassign the contract.  What's the best way to build buyers list while staying honest?  Looking for some help...5k on training would be a good start on other items needed to kick this off but if the training is worth it i'm all for it.

@Eric Frisch my business partner used the Wholesaling Inc training and found it very helpful for him. The guys there are fantastic so nothing bad to say. If money is the issue, maybe you could ask them to work something out with you. If you choose not to go with them, there are plenty of guides and other resources here on Bigger Pockets to help you out. 

NOooooooooooooooooooooo don't spend 5k on that!! Everything you need to learn is available to you for free. Do lots of reading here on BP and watch youtube videos. Use that 5k on a targeted advertising campaign instead. 

@Eric Frisch

it’s totally up to you to spend the $5k or not, but I do advise you this, whatever you choose to do, FOLLOW INSTRUCTION. What do I mean? Do what you learn. Focus. Take action. Don’t quit if it doesn’t work fast, keep at it.

We joined Wholesaling Inc back in November. Why?  Well, back in March or April of last year we heard the Biggerpockets Podcast #176 where they interviewed  Tom Krol.  Just with implementing one of the FREE strategies he gave on that podcast we closed four deals in 5 months.  So we decided to join them because they obviously know their stuff if we only implemented 5% of what we learned and made quite a bit of money from it.  And, when we called them we felt we fit right in. Since we joined in November we have closed two more.

Here’s your gold nugget...listen to the podcast mentioned above if you haven’t already, and if you take action you can make it work with the resources you have for free.

Now, if you want to join a family, then consider joining Wholesaling Inc. We just came back from their summit last week and met some AMAZING people there that guided us and shared their knowledge, one of them the man who answered you above, @Marvin McTaw .  Unfortunately I met him at the very end when we were about to leave, but fortunately he gave me some much needed advice that has made a difference in my life already.  Thank you Marvin! :)

Hope this helps you decide.  Feel free to reach out and ask any questions you have, I'll be more than happy to answer!

It depends on if you want to try to learn everything through your own experience or combine the experience of several individuals who are millionaire RE investors into a 90 day course. I just joined Wholesaling Inc. on 6/11/18 so I will update my post once I get through the course. So far, it's been great, but listen to Wholesaling Inc podcast and hear for yourself, visit the website, do your research and compare programs. You can schedule a call to ask all of your questions but here are the requirements:

1. Be able to spend 15-20 hours a week working on your business

2. Have $800-$1200 a month in funds available for marketing

3. Listen to instruction and follow right away

What I love:

Everything provided to you - scripts, contracts, exclusive and best price for ListSource ($0.03 per record, you'll pay 3-4x that if you are on your own), exclusive discounts on direct mail marketing, database, how to build cash buyers list

Wholesaling Inc is a community, not just a coaching program, which sets it apart from other programs.

Didn’t even read your post besides the title and I can almost guarantee you it’s not worth it

Bet with Opendoor hitting wholesalers with $364B in buying power, there will soon be a discount on this 'program'.

No way should you do this.  Who'd pay $5k to get a low probability JOB?  I can deliver pizzas and make more with no up front 'investment'.

@Steve Vaughan these wholesaler/house flipping guru programs remind me of all the mlm crap I get messaged about on LinkedIn.

I tried one of those once and I’ve never learned faster in my life what a waste of time that is. I then quit that and found REI. Both my wallet, my net worth and my girlfriend (because I have more time) all thank me.

The really sad thing about these programs, MLM included is the types of people they rope in the most often are often the ones with the most to lose and those that don’t have a spare 5k or whatever lying around

Originally posted by @Caleb Heimsoth :

The really sad thing about these programs, MLM included is the types of people they rope in the most often are often the ones with the most to lose and those that don’t have a spare 5k or whatever lying around

Amen.  The broke getting more broke. Broker? "Here, you don't have enough financial stress.  Let's put this $5,000 on your credit card.  No wait, the platinum level is $35,000.  Let's call those cards and get your limits increased first..." 

There are no shortcuts in RE.  Shortcuts cost in multiple ways and leave a wake of wreckage.

What I gathered from this fourm is the the people who has done it or know someone who has been a part of wholesaling INC  found it to be worth the investment. The negative reviews are from people who hasn't been through the program.  So I'm going to try it out. And post up my experience.

Not saying one way or another if you should do the class but I will say I have listened to a lot of the BP Pods and Tom Krol's is one of the few guests who also offers a class/service and there is probably a reason BP picked him and have very rarely had on other people who offer the same classes. Now I don't know details on the program, or if it was running back when the podcast aired but might be something to think about. 

Hi @Eric Frisch I'm new to BP and I came across your post from 7 months ago. I was wondering what you decided to do and how is your decision working out for you. 

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